Plastic bank notes will be issued for the first time when the new £5 featuring Sir Winston Churchill is released in 2016.
Lawyers for more than a dozen British residents with ties to Iran accuse RBS and Natwest of racism.
Consumer watchdog Which? has released a list of the 10 financial products that waste consumers' the most money.
Those born in the 1960s and 1970s will have to rely on inheritance to be better off in retirement than their predecessors, a report from the Institute of Fiscal Studies says.
– Andrew Hood, Institute of Fiscal Studies
Since the Second World War, successive cohorts have enjoyed higher incomes and living standards than their parents.
Yet the incomes and wealth of those born in the 1960s and 1970s look no higher than the cohorts who came before them.
However, a Government spokesperson said it was reforming the pension system to be more sustainable and "widening access to a workplace pension".
– Government spokesperson
These combined reforms will improve the incomes of nine million people currently facing inadequate income in retirement.
The children of the 1960s and 1970s will only be better off than the previous generation when they retire due to inherited wealth, the Institute for Fiscal Studies has found.
It marks the first time incomes and living standards fail to rise since the end of the Second World War.
On average they will have no higher income or savings, will be less likely to own a home and will have smaller private pensions than their predecessors from 10 years earlier.
The only respect in which people born in the two decades from 1960 will be better off is that they are more likely to inherit.
The chair of the Scottish Affairs Committee has labelled the Government's so-called "bedroom tax" as a "cruel burden", saying it's "designed to hit the poorest".
The committee has called for the scheme to be suspended for claimants who cannot reasonably be offered alternative accommodation.
Chairperson and Labour MP Ian Davidson said: "This is an interim report because, while the impact of the bedroom tax cannot yet be fully quantified, it is already clear that it is a cruel burden being placed upon the shoulders of those least able to bear it."
The Scottish Affairs Committee has called on the Government to suspend the "bedroom tax" penalty for claimants who cannot "reasonably" be offered alternative accommodation.
The MPs said the measure, which cuts housing benefit for social tenants deemed to have a spare room, was "a budget cut suffered by those in greatest need".
The interim report was opposed by Tory and Liberal Democrat MPs on the Labour-led committee, but they failed to prevent it being produced.
The committee said the report was designed to draw certain aspects of the scheme to the Government's attention, "notwithstanding our call for the tax to be abolished".
Introduced in April 2013, the changes mean those with an extra bedroom have a reduction of 14% to their eligible rent, and those with two or more extra bedrooms lose 25%.
In his Autumn Statement earlier this month, George Osborne announced a further £100 million of Libor fines would be made available "to reflect our society's debt of gratitude to our servicemen and women, and their families".
Here's how the money is distributed:
- Veterans F1rst Point: £2,560,586 to establish mental health support centres in Scotland
- Change Step: £995,918 to develop and fund a support network for veterans for the next two years
- Alabare Christian Care and Support: £976,269 to provide re-settlement and employment for homeless veterans
- AF&V Launchpad: £907,632 to provide accommodation to veterans in Liverpool and help them secure employment
- Defence Medical Welfare Service:£896,296 to provide forces personnel across the UK with additional hospital welfare and psychosocial support
George Osborne described those involved in the Libor rate-rigging scandal as "people who demonstrated "the worst of the values in our society".
– Chancellor George Osborne
I am delighted to be able to announce more money for those who are supporting our brave armed forces, veterans and their families.
It is right that money paid in fines by people who demonstrated the worst of the values in our society is now being used to help and support those who demonstrate the very best.
More than £12 million in fines levied on City rate-riggers will be shared by 24 military charities and good causes.
The latest allocation of funds from the Libor fines pot will be used to fund projects including housing and mental health support schemes for veterans.
Today's announcement means that the £35 million fund has been used to support 96 armed forces charities and good causes.
Families would only be able to claim benefits for two children under plans put forward by a member of David Cameron's policy board aimed at cutting billions of pounds off the welfare bill, according to the Mail on Sunday.
The radical proposals reported to have been set out by Tory MP Nadhim Zahawi would limit child benefit and child tax credits to families' first two children.
According to the newspaper, he said capping benefits by family size would "save billions and help the next generation think more carefully about their relationship with the welfare state".