30% income tax and no NI, says report
21 May 2012 | by Andrew Saunders
The 2020 Tax Commission report recommends that income tax should be fixed at a flat rate of 30% and National Insurance abolished.
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We want Greece to stay in the euro, says EU
24 May 2012 | by Emma De Vita
An informal EU summit in Brussels ended last night with EC President Herman Van Rompuy making clear he wanted Greece to stay in the eurozone.
Bank of England cuts 2012 growth forecast
16 May 2012 | by Michael Northcott
Mervyn King says the eurozone crisis remains a dangerous threat to the recovery of the UK economy.
Greece debt lifted out of 'default' rating
02 May 2012 | by Michael Northcott
After many months dwelling in the debt dustbin, Greece has finally had its credit rating improved by Standard & Poor's.
Mervyn King a 'disaster' as BoE Governor
01 May 2012 | by Rebecca Burn-Callander
Quote of the day: 'The current appointment in my view has been a disaster, so it's important to get a better man this time round.' Standard Life head of equities David Cummings was pulling no punches in his analysis of Mervyn King's term as Bank of England governor. The relationship between King and...
UK hits £126bn borrowing target for 2011
24 Apr 2012 | by Michael Northcott
The UK government managed to keep public spending within its target range in 2011, although borrowing in March was more than expected
How to handle a 'Schedule 36' notice
12 Apr 2012 | by Mike Kerridge
Ah, the horror of receiving a summons from the taxman. But before you turn into a pile of quivering jelly, read this advice on the Schedule 36 from tax consultant Mike Kerridge.
Ken Livingstone says, 'Let's end the X Factor slug-fest'
04 Apr 2012 | by Rebecca Burn-Callander
Quote of the day: Yesterday's mayoral stand-off on LBC radio nearly ended in fisticuffs. Boris Johnson found himself having to share a lift with Ken Livingstone after his rival had openly challenged him about his tax affairs on air. The current incumbent turned the air blue with expletives: 'It's all...
Royal Mail to IPO by 2013?
26 Mar 2012 | by Emma Haslett
Sources have admitted the Government's hoping to float Royal Mail - or at least part of it - by the end of next year, in a move that could be worth £4bn.
Government to guarantee loans to SMEs
20 Mar 2012 | by Emma Haslett
Small businesses will be able to access loans at a 1% discount to banks' ordinary rates. Although business group say more needs to be done.
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