Plans for a new payment system allowing people to use their mobile phone as a "digital wallet" have been outlined.

Taxpayer-backed Royal Bank of Scotland remained at the heart of the row over bankers' pay as it unveiled total losses of £2 billion for 2011 at the same time as paying £785 million in bonuses to its staff.

An extra £1 billion is being made available to businesses seeking support to create new jobs, the Government has announced.

Tourists face "rip-off charges" being imposed by some travel organisations, according to Which? Travel magazine.

Legal fees to settle personal injury claims after motor accidents are costing UK consumers a total of £2.4 million a day, the insurance industry has said.

Town hall officials fear they will not be able to plug the hole in funding for council tax benefit left by Government cuts.

The Department for Transport (DfT) accepted a budget cut of £683 million last year then underspent by more than £1 billion, a report by MPs has said.

Two-thirds of employers are planning to hire more permanent workers in the next few months, showing a strong short-term outlook for agency staff.

More than £1.4 million has been paid in bonuses to tax investigators since 2008, the Treasury has said.

Nearly £2 billion of compensation payments were made last year to settle claims from the mis-selling of payment protection insurance (PPI).

The pay of council workers has fallen to 1990s levels following years of below-inflation settlements and wage freezes, according to a new study.

Three out of four people think bosses at bailed-out banks should not get a bonus, according to research.