Search Results for: George Osborne
George Osborne has pledged to cut corporation tax to 15% from 20% rate
July 4th, 2016
George Osborne has pledged to cut corporation tax to encourage businesses to continue investing in the UK following the EU referendum vote. In an interview with the Financial Times, the chancellor said he would reduce the rate to below 15% ...
Tax rise risk from George Osborne’s ‘inflexible’ budget target
February 9th, 2016
Chancellor George Osborne’s “inflexible” budget surplus target may mean sudden tax rises or spending cuts, independent economists suggest. The Institute for Fiscal Studies (IFS) said that Mr Osborne’s pledge to run a budget surplus “in normal times” from 2019-20 ...
George Osborne pledges lowest corporation tax in G20 but new bank tax hits UK small lenders
July 9th, 2015
Chancellor pledges lowest corporation tax in the G20 – but casts punitive net over the UK’s small lenders Chancellor George Osborne ushered in a new tax regime for British banks yesterday, dialling down the controversial bank levy while introducing a new ...
Osborne: India to liberalise legal services
January 25th, 2016
George Osborne today announced a raft of trade deals with his counterpart in India that include opening up the country’s legal market to foreign lawyers. The chancellor and Indian Finance Minister Arun Jaitley have reached a number of agreements ...
Greek Exit Would Be Difficult for World Economy: Osborne
February 10th, 2015
Today February 10, U.K. Chancellor of the Exchequer George Osborne discussed the risks of a “Grexit” and how he’s planning ahead to deal with any outcome. He speaks to Bloomberg’s Svenja O’Donnell at the G-20 Summit in Istanbul. Watch the ...
Osborne moves to cut spending to 1930s levels in dramatic autumn statement
December 4th, 2014
The chancellor, George Osborne, has set out dramatic plans to move Britain from the red into the black that will see public spending as a percentage of GDP fall to its lowest level since the 1930s and could require ...
Osborne accused of obstructing MPs over Co-op and Lloyds Bank deal
August 21st, 2014
George Osborne was accused of unreasonably withholding information on ministers’ meetings with Lloyds and Co-op bankers in a series of confrontational letters published yesterday. He was accused of obstructing MPs trying to work out whether the government pressured bank ...
Geopolitics post COVID-19
May 7th, 2020
Before the coronavirus caused governments to impose lockdowns, whole economies, markets and even currencies were already on course to be destroyed by a vicious downturn in bank lending at a time of contracting trade and record debt. The ...
The financial war escalates
July 3rd, 2019
Behind the scenes, the financial war between America and China is escalating dangerously into a war to secure global financial resources. At a time of growing liquidation of dollar assets by foreigners, the US Treasury’s internal analysis will highlight ...
Oil for gold – the real story
October 27th, 2017
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing ...
