HMRC no longer fining £100 for late tax returns
HM Revenue & Customs said that it will no longer fine people £100 for not completing their income tax returns on time. It said...
Osborne announces pensioner bonds extended for another three months
George Osborne announced even more subsidised pensioner bonds. Bonds for pensioners will be extended for three months after a surge in demand.
What makes these bonds...
UK planning for possible Grexit, says George Osborne
Chancellor George Osborne said the UK is getting ready for a potential Grexit, a term that refers to the possibility of Greece leaving the Eurozone....
UK inflation forecast near zero, Mark Carney BoE Governor will announce
Bank of England’s Governor Mark Carney is to dramatically cut the UK central bank’s inflation forecast to very close to zero when his updated...
Bermuda Premier surprised by Miliband’s tax avoidance threat
Bermuda Premier Michael Dunkley, who says the British Overseas Territory is an international leader in the registration of companies and has operated a central...
UK trade deficit in goods & services widened to £2.9bn in December
Britain’s trade deficit in goods and services widened to £2.9 billion in December, compared to £1.8 billion in November. From November to December, exports...
PwC promotes tax avoidance “on an industrial scale”, says Public Accounts Committee
The Public Accounts Committee accuses PricewaterhouseCoopers (PwC) of promoting tax avoidance “on an industrial scale”. It says the London-based multinational professional services network has...
UK construction activity picks up in January, but outlook falls
UK construction activity accelerated in January after December’s low, according to Markit Economics. However, job creation fell to a 13-month **trough while construction companies’ assessment...
UK January manufacturing boosted by modest export recovery
A slight recovery in export orders helped boost the UK’s manufacturing sector in January, according to the latest Markit/CIPS Purchasing Managers' Index (PMI), which...
Miliband’s fees policy would damage education, the economy and access, says Universities UK
Ed Miliband says he would like to reduce the cap on university tuition fees to £6,000 from £9,000 if Labour wins May’s general election....