The Treasury has reported today that 11 new firms have signed up today to its Women in Finance Charter designed to improve the representation of women in senior roles in financial services.

The new Financial Services and Markets Bill 2023 - described by the government as a “rocket boost” for financial services - has received Royal Assent today.

The Treasury Committee, the influential Commons committee of MPs, has written to FCA chief executive Nikhil Rathi to raise questions on the regulator’s reported investigation into Odey Asset Management.

The government's inheritance tax (IHT) haul for the 2022/2023 tax year reached £7.1bn - £1bn higher than the record seen in the previous year.