Corruption probe is launched into Nicholas Sarkozy amid claims he took 40m from Colonel Gaddafi to fund election campaign

Nicholas Sarkozy in corruption probe amid claims he took 40MILLION from Colonel Gaddafi to fund election campaignFrench law bans candidates from receiving cash payments above 6,300Claims donations were laundered through banks in Panama and SwitzerlandSarkozy called Gaddafi 'Brother Leader' at controversial visit to Paris in 2007Former president may have accepted 40million in under-the-table kickbacks By Matt Blake and Peter Allen PUBLISHED: 11:10 GMT, 19 April 2013 | UPDATED: 01:29 GMT, 20 April 2013 Former French president Nicholas Sarkozy is to be formally investigated amid claims he accepted 40million in under-the-table kickbacks from Colonel Gaddafi during his 2007 election campaign, it was revealed today. An official at the public prosecutor’s office said an inquiry had been opened after allegations by French-Lebanese businessman Ziad Takieddine, himself under investigation over arms sales to Pakistan in the 1990s. Mr Sarkozy, 58, faces a range of charges including bribery and corruption, forgery, misuse of corporate assets and influence peddling, according to a judicial source.

G4S boss who oversaw botched Olympics contract lands bigger pay packet for 2012 deposit firm"s 88m loss on London games

G4S boss who oversaw botched Olympics contract lands bigger pay packet for 2012 despite firm's 88m loss on London gamesG4S chief executive Nick Buckles paid 1.19m, up 170,000 on last yearCompany lost 88m in Olympics fiasco when they failed to provide security , following million pound losses during the Games. G4S boss Nick Buckles was paid a total 1.19million in 2012, up 170,000 on his 2011 paycheck, despite the company nursing an 88million loss on the London 2012 contract. The security giant failed to provide the 10,400 guards needed during this summer's main event and the military was forced to step in

RBS braces for fresh row over bankers" bonus pot

Taxpayer-owned Royal Bank of Scotland setting aside 250m for bonuses… despite facing a 500m fine for rigging Libor rates Bank under pressure to claw back 4m in shares owed to John HouricanHead of the investment bank expected to leave shortly in restructuringRBS 'planning to pay 250m bonuses – 21,000 per employee on average' in the wake of the IT glitch. He could have got 2.4m on top of his 1.2m salary but has now waived his bonus in three of the past four years since taking over at the bank after its 45bn bailout by the taxpayer

Benefits cheat Kevin Kalloo who claimed he was blind and disabled is caught driving

Benefits cheat who claimed he was blind and disabled is caught DRIVING after being given 100,000 in handouts over six years Married Kelvin Kalloo, 34, of Dunstable, Bedfordshire, eventually caughtSpotted driving three different cars and working at a market in WatfordTold two councils he was partially blind and car crash left him disabledArrested in October 2008 but it's taken four years to bring him to justice Found guilty of 10 counts of fraud and will be sentenced later this month By Mark Duell PUBLISHED: 11:28 GMT, 3 January 2013 | UPDATED: 15:04 GMT, 3 January 2013 A benefits cheat who claimed to be partially blind and disabled faces jail after being caught driving. Kelvin Kalloo, of Dunstable, Bedfordshire, claimed nearly 100,000 in handouts from Brent Council and Central Bedfordshire Council over six years before being caught by the authorities' investigators. The married 34-year-old was caught out after being spotted driving three different cars and working no a market stall in Watford, Hertfordshire, jurors at Harrow Crown Court were told last month

BBC "must release emails that helped stars avoid tax": MPs put pressure on corporation

BBC 'must release emails that helped stars avoid tax': MPs put pressure on corporation Corporation refuses request from MPs to see correspondence between BBC tax advisers and staffDecision not to publish is further damaging trust in BBC, politicians sayEmails are linked to stars paid via service companies, a set-up that could allow them to avoid tax and national insurance BBC Trust says auditors have looked at emails and found nothing suspicious By Paul Revoir PUBLISHED: 11:20 GMT, 2 January 2013 | UPDATED: 00:58 GMT, 3 January 2013 Under fire: BBC Trust finance chief Anthony Fry has rejected a request to hand the emails to MPs and has not read them himself The BBC is facing pressure from MPs to publish emails that could show the broadcaster gave the opportunity to two of its performers to avoid tax.

Sorry ladies… but men are better with the family finances! Women are less confident at sticking to budget

Sorry ladies… but men are better with the family finances! Women are less confident at sticking to budget | UPDATED: 00:19 GMT, 26 December 2012 Household budgets: Women admit to being less disciplined More women have sole charge of the household finances – despite being less confident than men at sticking to budgets, a survey has revealed.

Osborne statement: Now we ARE all in it together: Osborne puts 400,000 middle-class workers into 40% tax band, squeezes benefits and orders 1bn raid…

Now we ARE all in it together: Osborne puts 400,000 middle-class workers into 40% tax band, squeezes benefits and orders 1bn raid on higher earners' pensions Mr Osborne targeted workers at top, middle and bottom of financial heapHardest hit by measures will be top 10% and bottom 10% of earnersEconomy predicted to shrink by 0.1% in 2012 according to statementSchools given discretion to raise teachers' pay if they perform wellExtra 5bn to be used for infrastructure projects including 100 new schools | UPDATED: 23:26 GMT, 5 December 2012 George Osborne targeted workers at the top, middle and bottom of the financial heap yesterday with a raft of money-saving measures. He ordered a tax raid on higher earners’ pensions, warning that Britain is only a third of the way through its age of austerity. He dragged 400,000 more workers into the 40p tax rate by raising the earnings threshold by just one per cent – below the rate of inflation

Osborne"s plan to freeze welfare payments in crisis after rumors of Lib Dem veto

Osborne to 'hunt down' tax evaders and raid pensions of the wealthy – but faces battle with Lib Dems to freeze welfare payments Reports that welfare payments move has been vetoed by Clegg and CableChancellor could announce 1% rise in dole and other state handoutsHe would save only half the 4bn he'd hoped to get over next two yearsTells Andrew Marr Show: 'To turn back now would be a complete disaster'He admits it's taking longer to recover from financial crisis than he hopedPoll: Two thirds of Britons would replace Osborne with an entrepreneurMiliband described Osborne's U-turn Budget as an 'omnishambles' in April | UPDATED: 13:07 GMT, 2 December 2012 George Osborne today announced a heavier crackdown on tax avoidance by global companies with British operations amid widespread condemnation of firms such as Starbucks, Google and Amazon. The Chancellor said he plans to bolster the Inland Revenue team that deals with multinationals after outrage following revelations that the three huge firms pay little or no corporation tax in the UK

Osbourne"s plan to freeze welfare payments in crisis after rumors of Lib Dem veto

Osborne's plan to freeze welfare payments in crisis after rumours of Lib Dem veto | UPDATED: 04:29 GMT, 2 December 2012 George Osborne was fighting a rearguard action last night to force through a freeze in welfare payments amid reports that the move has been vetoed by Liberal Democrat Cabinet colleagues Nick Clegg and Vince Cable. Government sources say the Chancellor could announce that the dole and other state handouts may go up by more than one per cent – close to the rise in earnings – after the Lib Dems claimed a freeze would be ‘cruel’ to the poor. It would mean he would save only half the 4 billion he had hoped to get over the next two years to help dig the UK out of the red.

Benefits adviser Manjit Singh Cheema recruited his mother Balbir Kaur to cheat taxpayer of 30,000 using insider knowledge

Council benefits adviser recruited his OWN mother to cheat taxpayer of 30,000 – using insider knowledge of welfare system Mother and son team lied while they lived together in house owned by him Basildon Crown Court sentenced them to 150 hours of unpaid work | UPDATED: 16:03 GMT, 30 November 2012 Cheat: Havering Council worker, Cheema, 23, abused his position to fraudulently claim benefits A crooked benefits adviser teamed up with his mother to cheat the council where he worked out of 30,000 in housing and council tax benefits, using insider knowledge of the welfare system. Havering Council worker Manjit Singh Cheema, 23, and his mother Balbir Kaur, 46, both of Romford, Essex, were spared jail after admitting fraud by abuse of position