HMRC sends out tough message on overseas wealth
New systems will make it almost impossible to hide money in other countries, officials from HM Revenue & Customs (HMRC) have said.Continue reading
Osborne states that ‘difficult decisions’ will be made to tackle budget deficit
Following his decision to scrap planned changes to tax credits, Chancellor George Osborne has stated that other steps will have to be taken in order to eradicate the budget deficit before the next election.Continue reading
Meat tax could combat climate change and improve people’s health, says report
Taxing meat in order to improve public health and tackle climate change would not leave the unwelcome taste in people’s mouths the Government thinks, a leading international think tank has claimed.Continue reading
State pensions are set to increase as part of Budget changes
According to the Treasury, millions of pensioners can expect to see their spending power boosted to its highest level for 25 years.Continue reading
City University: UK budget deficit could reach £40bn by 2020
The Treasury has been accused of underestimating how much of an impact planned cuts to welfare and central Government department budgets will have on the economy.Continue reading
McDonnell calls for a “high-wage productive economy”
Shadow Chancellor John McDonnell has outlined his case for a “new economics” ahead of next week’s Spending Review.Continue reading
After-hours work in the UK contributes more than £240bn to the economy
According to recent research from Sage, UK workers have been responsible for adding an extra £240 billion to the economy from the overtime hours they have worked.Continue reading
More than 55,000 businesses took advantage of government broadband voucher scheme
More than 55,000 small and medium businesses (SMEs), employing up to one million people across the UK, have taken advantage of a Government scheme to boost their broadband connectivity, new figures show.Continue reading
UK economy loses £18 billion every year through workplace bullying
A new study published by the Advisory, Conciliation and Arbitration Service (Acas) has highlighted the fact that workplace bullying is becoming more commonplace.Continue reading
London shares hold steady following terror attack in Paris
Following the recent atrocities in Paris, shares in London were largely unaffected, though in Europe values fell considerably.Continue reading
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