Business

HMRC

HMRC no longer fining £100 for late tax returns

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HM Revenue & Customs said that it will no longer fine people £100 for not completing their income tax returns on time. It said...
George Osborne

Osborne announces pensioner bonds extended for another three months

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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...
Chancellor George Osborne

UK planning for possible Grexit, says George Osborne

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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

UK inflation forecast near zero, Mark Carney BoE Governor will announce

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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...
Michael Dunkley

Bermuda Premier surprised by Miliband’s tax avoidance threat

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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 balance Dec 2014

UK trade deficit in goods & services widened to £2.9bn in December

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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...
UK

PwC promotes tax avoidance “on an industrial scale”, says Public Accounts Committee

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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

UK construction activity picks up in January, but outlook falls

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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...
Markit Economics

UK January manufacturing boosted by modest export recovery

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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...
University UK

Miliband’s fees policy would damage education, the economy and access, says Universities UK

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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....