By Daily Mail Reporter PUBLISHED: 16:30 EST, 22 Apr 2012 | UPDATED: 16:30 EST, 22 Apr 2012 Britain won’t palm over a argumentative new £10billion ($15billion) grant to a International Monetary Fund’s new $430billion war-chest until during slightest early next year, according to British officials. The Chancellor is insisting that a UK’s loan cannot be [...]
George Osborne doesn’t need to rob charities to crack down on tax avoidance
George Osborne’s crackdown on tax avoiders could not have backfired more spectacularly. Robbing the rich to feed the poor is one thing, but robbing charitable donations smacks of stealing from the desperate to feed the poor. It doesn’t quite have the same populist ring. But analysis of the Treasury’s remarkable breakdown of how much tax [...]
Budget 2012: George Osborne averts a slow national rot
The Chancellor’s austerity saved us from a speculative market attack in his first Budget. He may now have saved us from terminal national decline with this one. In the nick of time. Mr Osborne will cut corporation tax by a further 1 percentage point immediately, bringing it down to 22pc by 2014. The rate will [...]
BUDGET 2012: Osborne hands taxation mangle to North Sea oil and gas explorers
By Rob Davies PUBLISHED: 16:51 EST, 16 Mar 2012 | UPDATED: 06:46 EST, 17 Mar 2012 North Sea oil and gas firms will be handed a taxation mangle in a arriving Budget, as a Chancellor looks to clear £17billion value of investment in Britain’s shrinking reserves. George Osborne will finish months of doubt among oil [...]
Budget 2012: Millions face salary freezes as Osborne targets compensate deals
By Jason Groves, Political Correspondent PUBLISHED: 07:46 EST, 17 Mar 2012 | UPDATED: 07:48 EST, 17 Mar 2012 Changes: Millions of open zone workers could have their salaries solidified for years underneath radical skeleton by George Osborne, pictured, to finish a complement of inhabitant compensate bargaining George Osborne will announce skeleton to solidify compensate [...]
Osborne will not and should not change course
Over the past week, the background noise of the usual suspects calling for a “Plan B” – repeated so often and so monotonously that there should be some “white noise” device that can blot it out – has received apparent support from some unlikely sources. Bill Gross, chairman of Pimco has been widely quoted calling [...]
Meagre growth puts pressure on Osborne
Pressure is building on the chancellor to speed up tax cuts and step up supply-side reforms after data show the UK economy grew by just 0.2 per cent View full post on Financial Times – UK Homepage
Osborne urges eurozone to ‘get a grip’
The chancellor says the eurozone debt crisis is serious enough to threaten to descend into a recession View full post on Financial Times – UK Homepage
Osborne tells eurozone leaders ‘get a grip’
The chancellor says the eurozone debt crisis is serious enough to threaten to descend into a recession View full post on Financial Times – UK Homepage
Osborne backs high street bank firewalls
Chancellor to accept central recommendation of Vickers Commission that big diverse banks should ‘ringfence’ essential operations – including deposit-taking and payment systems – and inject more capital into them View full post on Financial Times – UK Homepage