MPs on the influential Public Accounts Committee (PAC) have published a damning report criticising the Treasury for failing to fix what it calls a £17bn error on public service pensions that has disadvantaged younger workers, women and other groups.

The Treasury has rejected any immediate changes to pensions tax relief, despite MP recommendations for an urgent reform.

A new Treasury Committee report on the future of green finance has called on the government and the Financial Conduct Authority (FCA) to consider climate labelling for financial products to tackle “greenwashing”.

The Treasury has published over 30 tax updates, consultations and documents, today on what has been dubbed Tax-Day - including plans to tighten tax rules on second properties and simplify inheritance tax red tape.