London Stock Exchange agrees £21bn merger
The London Stock Exchange Group (LSE) and Germany’s Deutsche Boerse have agreed terms for a “merger of equals”.Continue reading
Speculation grows on the eve of the Budget
With around 24 hours to go, speculation is mounting about the contents of tomorrow’s Budget speech.Continue reading
RBS cuts face-to-face service and brings in ‘robo-advisers’
The Royal Bank of Scotland is preparing to shed 550 jobs as part of a plan to replace staff who offer investment tips with so-called ‘robo-advisers’.Continue reading
HMRC claims changes will make things easier for smaller firms
According to a spokesman for HM Revenue & Customs (HMRC), tax will get easier for small businesses because it is going online and, with the new quarterly return, will be more efficient and more effective than the annual return system.Continue reading
HMRC aims to stamp out alcohol tax evasion
Officials at HM Revenue & Customs (HMRC) have warned that alcohol traders face substantial penalties if they fail to register for the tax authority’s Alcohol Wholesale Registration Scheme.Continue reading
Government’s spending claims with SMEs are brought into question
A report from the National Audit Office questions whether smaller firms are really getting a larger slice of the Whitehall pie.Continue reading
UK gender pay gap has narrowed, but is still above OECD average
The long-running pay gap between men and women working in the UK has narrowed of late, but a recent report claims that the gap is still higher than the Organisation of Economic Cooperation and Development (OECD) average.Continue reading
Former Bank of England Boss: Eurozone ‘will affect UK whether in or out’
Former Bank of England boss Mervyn King has argued that the UK will be affected by the Eurozone regardless of whether it votes to stay in or leave the European Union (EU).Continue reading
Embarrassment for HMRC over advertising figures
HM Revenue & Customs (HMRC) spends six times the amount advertising on Facebook than the social media site pays in tax, it was claimed this week.Continue reading
‘Persuasive promoters’ lure Britons into tax avoidance schemes, says HMRC
A recent report unveiled by HMRC has revealed that British taxpayers are being introduced to avoidance arrangements via ‘persuasive promoters’ – typically in the form of friends, family and ‘unusual’ scheme sellers.Continue reading
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