Following the proposals set out in the Queen's Speech, three of Britain's largest denominations are urging the UK's politicians to “focus their concern on those who made little out of the good economic years".
The chief executive of Goldman Sachs, Lloyd Blankfein, has suggested that bankers are doing “God's work” and that banks have a "social purpose". His remarks were described as “frankly astonishing” by Church Action on Poverty.
A High Court judge has blocked an attempt to launch a legal challenge over the government's use of taxpayers' money in Royal Bank of Scotland (RBS) investments that harm the environment and undermine human rights.
Politicians of all parties are coming under pressure to reduce the Civil List in the light of the recession. The Civil List, which consists of public money awarded to the royal family each year, currently stands at around £7.9million.