Search Results for: George Osborne
What happens next if Britain votes to leave the EU?
June 2nd, 2016
The first hours By the early hours of Friday 24 June, it will be clear if the UK has defied the experts and pollsters by voting to leave the European Union. If that happens, a shattered David Cameron, his leadership ...
IMF warns on “very bad” consequences of Brexit
May 16th, 2016
The consequences of Brexit would be “pretty bad, to very, very bad”, according to International Monetary Fund chief Christine Lagarde. Speaking at the launch of the Washington-based lender’s most recent review of the UK economy, Lagarde gave a bleak ...
U.K., Russia Offer Lowest Rates of Corporate Tax, Study Finds
May 9th, 2016
Corporate tax rates globally average 27 percent, UHY says Group of Seven economies impose corporate levies of 32 percent Russia and the U.K. give companies the lowest effective tax rates among the world’s leading economies, according to a report ...
A Brexit may shrink UK economy equivalent to £4,300 per household
April 18th, 2016
Leaving the European Union would take a severe financial toll on British families, Treasury officials warned on 18 April. In a 200-page official analysis, the Treasury forecasts that a vote for Brexit in June would see Britain’s economy shrink ...
Five EU Countries Agree To Share Beneficial Ownership Data
April 18th, 2016
France, Germany, Italy, Spain, and the UK have agreed to exchange data held on beneficial ownership registers and registers of trusts. This pilot project, initiated by the UK, will explore the best way for countries to share this information, ...
IMF Warns Of ‘Severe Economic Damage’ Of Brexit
April 12th, 2016
Brexit could cause severe damage to the global economy, the International Monetary Fund has warned. The IMF used its closely-watched World Economic Outlook report to slash its forecast for UK economic growth and warned if Britain were to leave ...
UK economic growth revised higher in fourth quarter of 2015
March 31st, 2016
The UK economy expanded in line with expectations in the fourth quarter, figures released by the Office for National Statistics (ONS) on Thursday (31 March) showed. According to the ONS, in the three months to the end of December, ...
Drinks makers consider legal action against sugar tax
March 21st, 2016
New tax will add 24p a litre to soft drinks with the highest sugar content and cost £1bn to implement Soft drink makers are considering taking legal action against the government over its controversial sugar tax as George Osborne’s ...
Sugar tax surprise in Budget – but growth forecasts cut
March 17th, 2016
George Osborne has unveiled a tax on sugary drinks in a wide ranging Budget dominated by gloomier growth forecasts. The chancellor blamed the slowdown on a “dangerous cocktail” of global risks and said the UK had to “act now ...
Asian Stocks Fall as Dollar Strengthens Before Fed; Oil Rebounds
March 16th, 2016
Yen weakens as Kuroda says negative rate can be cut further Crude climbs toward $37 a barrel before U.S. investories data Asian stocks fell and the dollar strengthened against most major currencies before a Federal Reserve policy review on ...
