The Tories are ready to go it alone in imposing a levy on banks in the continuing absence of global action on this front. But Chancellor Alistair Darling accuses them of taking a "hell of a risk".
Icelandic voters have decided they don't want to repay the billions owed to the UK and the Netherlands, leaving Alistair Darling admitting it will be "many, many" years before the debt is settled.
At war or the best of friends? Alistair Darling talks about the forces of hell while Gordon Brown compares himself to Winston Churchill. Meanwhile who's running the UK's finances?
Days after 20 economists backed Tory calls for immediate spending cuts, some 60 economists have backed Labour's strategy to delay cuts for fear of delaying recovery.
President Obama wants US banks to be smaller and more toughly regulated; in the UK, the government isn't so sure it wants to follow this particular US lead...
Alistair Darling and the Treasury have opportunistically used economic uncertainty to avoid providing sufficient detail about how they plan to cut the UK's £178 billion deficit.
Iceland has decided to ask its voters whether to compensate the UK and Netherlands from the collapse of the Icesave internet bank. A diplomatic row is set to follow.
The Bottom Line: A political masterclass in negotiation
"Some expert politicking and negotiation on the part of Nick Clegg and his team resulted in the new coalition government. Reed Finance's Lynsey Rattigan advises on how to brush up on your own workplace bargaining tactics to your career advantage."