Search Results for: George Osborne
Slater and Gordon plans UK closures after £493m losses
March 1st, 2016
Australia-listed firm Slater and Gordon is planning a major programme of office closures as part of a reorganisation of the UK business after posting a huge loss. In a series of announcements to the Australian stock exchange today, the ...
UK EU exit would be global economy ‘shock’ – G20 leaders
February 29th, 2016
Finance ministers from the world’s leading economies have warned of a “shock” to the global economy if the UK leaves the EU. The ministers gave their opinion in a statement released at the end of a two-day meeting of ...
G-20 Wants Governments Doing More, and Central Banks Less
February 29th, 2016
Fiscal pledges lack specifics, risking market disappointment Concern voiced over currency wars after BOJ rate surprise Finance chiefs from the world’s top economies committed their governments to doing more to boost global growth amid mounting concerns over the potency ...
RBS Plummets as Bank Pushes Out Dividend After Annual Losses
February 26th, 2016
Bank says payouts likely later than first quarter of 2017 Misconduct charges drove 1.98 billion-pound annual loss Royal Bank of Scotland Group Plc said it would take longer than originally planned to resume shareholder payouts after reporting its eighth ...
Google £130m UK Tax Deal ‘Small’ Say MPs
February 25th, 2016
An influential committee of MPs is the latest to line up and criticise the settlement between the taxman and Google. MPs have declared that Google’s controversial £130m tax deal with the UK “seems disproportionately small”, and called for the ...
HMRC: Government names new bosses at tax authority
February 25th, 2016
The government has appointed new bosses at the UK tax authority HM Revenue and Customs (HMRC). Jon Thompson has been appointed chief executive; he is currently Permanent Secretary at the Ministry of Defence. Edward Troup, who has been responsible ...
HSBC keeps its headquarters in London in victory for UK capital
February 16th, 2016
Banking giant HSBC is set to keep its headquarters in London, ending months of speculation that it could move abroad. The company’s 23-year stay in the capital will continue after it was determined that London continues to offer “the ...
UK Consultation On Tax And Domicile Changes
February 16th, 2016
The UK Government is consulting on proposed changes to the non-dom rules that would deem certain individuals to be domiciled in the country for income tax and capital gains tax (CGT) purposes. Chancellor George Osborne announced last July that ...
New tax scandal as Ikea ‘avoids paying £775 Million in taxes using onshore havens’
February 15th, 2016
FURNITURE giant Ikea has been accused of underpaying a staggering €1 billion (£773 million) in taxes between 2009 and 2014. The Swedish firm is under scrutiny for using “onshore European tax havens”, according to a members of the European ...
CBI downgrades forecast for UK economic growth
February 11th, 2016
Employers’ organisation reduces forecast for GDP increases in 2016 and 2017 to 2.3% and 2.1% respectively Britain’s leading employers’ organisation, the Confederation of British Industry, has warned that the growth prospects for the UK economy have dimmed since George ...
