Britons struggling to pay their household bills do not have spare cash to squirrel away in Isas – the level of savings in the tax-free accounts has fallen for the first time in the tax year to 2012.

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Independent Crossword

David Cameron 'disappointed' as economy shrinks

David Cameron admitted today he was "disappointed" by figures showing the UK economy shrank in the final quarter of last year.

More families set to lose their homes as squeeze bites deeper

Repossessions forecast to rise by 22 per cent to 45,000 this year as inflation and unemployment take toll

Greek debt swap talks suspended

Greece's government says that negotiations with private creditors aimed at lightening Greece's debt load have been suspended unexpectedly and that the creditors' representative has left Greece.

Spotlight On: Skipton's fixed rate bonds

The deal

Bank holds rates at record low

The Bank of England held fire on further emergency measures for the UK economy today, despite another dose of worrying news from the manufacturing sector.

Simon English: Britain – best of a bad bunch for lenders?

Outlook "Investors pay to lend money to the UK," said the headline.

Bank of England urged to expand quantitative easing

The Bank of England was today urged not to waste time in issuing another dose of emergency medicine to help the ailing British economy.

Credit unions to come in from the cold

An overhaul of legislation should offer more people the chance to avoid high-cost payday loans

Sales of gilts soar thanks to Britain's status as a safe haven

Britain's safe-haven status triggered the sharpest spike in gilt purchases by foreign buyers since the Lehman Brothers collapse, Bank of England figures showed.

Hans-Werner Sinn has been the clearest and most consistent voice in Germany, explaining the weakness of the eurozone and the potential burdens it places

Ten people who changed the world: Hans-Werner Sinn, German economist who made sense of the financial crisis

Whether in the cut-throat field of politics or the fashion industry's corridors of power, this year they left our planet a better place. Celebrate 10 of the best, nominated by Independent writers

Andrew Mitchell, the International Development Secretary, is using debt cancellation as a form of aid

'Made up money' padding aid budget, critics claim

Britain has been accused of padding its aid budget with "made up money" so it can claim to have met its millennium promise of increasing the amount it donates to the world's poorest people.

Italian Premier Mario Monti

Italy's Mario Monti warns of ongoing market turbulence

Italy saw its borrowing rates fall for the second day running today but the country's new premier said his government had a lot more to do to convince nervous financial markets that it had a plan to deal with its debt mountain.

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