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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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