Department Of Finance

No end in sight to US shutdown as John Boehner blames President Barack

Almost a week into America’s government shutdown, positions seemed only to harden on Sunday as the Republican house speaker, John Boehner, refused to rule out the stand-off over the federal budget spilling over into negotiations on the debt ceiling, again raising the spectre of America defaulting on its debt.

Deprived seaside towns to get funding boost

Ailing seaside towns are to receive almost £30m to boost growth, the Treasury has announced today, following statistics showing they suffer from above-average levels of deprivation.

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