Interest rates rise for first time in three years

Policymakers increase rates from their historic low despite fears that Omicron (...)

Shell plans to move headquarters to the UK

The oil giant will shift its tax residence from the Netherlands to the UK (...)

Cairn Energy gets right to seize Indian assets in tax row

Oil and gas firm Cairn Energy gets backing from a French court in a tax row (...)

Small businesses urgently call for more Covid support

Payments on VAT and loans kick in from next week but many companies cannot (...)

Budget 2021: Mortgage guarantee to help buyers with 5% deposit

The chancellor says public finances are facing a "challenge" from the impact (...)

Budget 2021: £5bn fund to help High Street recover from Covid

Grants for 700,000 firms come as Rishi Sunak warns public finances face a (...)

US backs down from tariffs over French tech giant taxes

The decision comes less than three weeks before US President Donald Trump (...)

Switzerland moves to close bribery loophole

Bribes paid to private individuals will stop being tax deductible from 2022, (...)

UK economic growth slows despite restaurant boost

The economy grew 2.1% in August, below expectations, despite a lift from Eat (...)

Low tax on heating is bad for climate, report says

The rich benefit most from a de facto subsidy for home heating, a report says. (...)

Coronavirus: Working from home damaging economy, Raab warns

The government wants more workers back into offices, while other warn a swift (...)

Why stock markets are defying a shrinking economy

Some of the reasons shares are disconnected from the real economy.

Working from home: How to cut your tax bill

Home workers can claim tax allowances for their lighting, heating and other (...)

Coronavirus: Energy firms permitted to chase unpaid bills again

Bailiffs are still banned from knocking on doors to collect unpaid parking (...)

UPDATE 3-Bank of England slows bond purchases as it sees some recovery signs

The Bank of England slowed the pace of its huge bond-buying programme on Thursday (...)

Coronavirus: Bank pumps £100bn into UK economy to aid recovery

Bank of England announces huge stimulus to aid recovery from the "unprecedented" (...)

WRAPUP 2-U.S. homebuilding rises moderately; jump in permits hints at green shoots

U.S. homebuilding increased less than expected in May, but a strong rebound (...)

UK inflation hits four-year low on oil price fall, COVID impact

British inflation fell to its lowest since June 2016 last month as the coronavirus (...)

Trump administration to study ways to protect for U.S. investors from Chinese firms

The Trump administration will study ways to safeguard Americans from the risks (...)

UPDATE 1-U.S. lawmaker wants insurers, govt to share future pandemic business losses

U.S. legislation introduced on Tuesday would create a taxpayer-backed insurance (...)

UPDATE 1-Bank of Israel leaves rates unchanged, sees less economic damage in 2020

The Bank of Israel left its benchmark interest rate at 0.1% on Monday, saying economic (...)

Australia shares fall on U.S.-China tensions; set for 4th straight weekly gain

Australian shares edged lower on Friday as escalating U.S.-China tensions (...)

Britain can cope with surge in unemployment, minister says

Britain can cope with the surge in unemployment from the COVID-19 pandemic (...)

Norway well placed to handle economic fallout from pandemic chief

The Norwegian economy is well positioned to weather the sharp downturn caused (...)

UPDATE 1-Norway well placed to handle economic fallout from pandemic chief

The Norwegian economy is well positioned to weather the sharp downturn caused (...)

UPDATE 2-IMF chief warns full global economic recovery unlikely in 2021

The global economy will take much longer to recover fully from the shock caused (...)

UPDATE 1-Bank of England, facing COVID slump, revives negative rates talk

A chorus of comments from top officials at the Bank of England about negative (...)

More than 8% of U.S. mortgages now in forbearance -MBA weekly survey

Roughly 4.1 million U.S. mortgage borrowers have had their payments paused (...)

Bank of England, facing COVID slump, revives negative rates talk

A chorus of comments from top officials at the Bank of England about negative (...)

UPDATE 1-India to spend $13 billion on farm infrastructure fund

India will provide one trillion rupees ($13 billion) to set up an agriculture infrastructure (...)

U.S. consumer sentiment edges up in May but worries about social isolation grow

U.S. consumer sentiment rose unexpectedly in early May after a record plunge (...)

UK leaves coronavirus lifeline for workers in place for four more months

Britain extended its job retention scheme - the centrepiece of its attempts (...)

Britain says around a quarter of workers furloughed

Around a quarter of employees in Britain have been furloughed and companies (...)

Upbeat virus treatment view, oil jump lift Australian shares

Australian shares gained on Thursday as risk appetite improved after encouraging (...)

Philippines expects remittances to decline this year

Money sent home by Filipinos working and living abroad is likely to decline (...)

Bank of England tells banks to use excess capital to help customers

British banks should use their substantial capital and liquidity buffers to (...)

Jordan PM says state finances under strain by impact of coronavirus

Jordan Prime Minister Omar al Razzaz said on Thursday spending priorities (...)

Coronavirus: Six industries crying out for help

With the UK economy in crisis, many sectors are still demanding further help (...)

UPDATE 2-Airbnb secures $1 bln investment from Silver Lake, Sixth Street

Airbnb said on Monday private equity firms Silver Lake and Sixth Street Partners (...)

European stock index futures slide as coronavirus damage grows

European stock index futures fell more than 3% on Wednesday as dismal economic (...)

Oil-rich wealth funds seen shedding up to $225 billion in stocks

Sovereign wealth funds from oil-producing countries mainly in the Middle East (...)

UK throws lifeline to self-employed hit by coronavirus

The British government will pay grants to self-employed people who have lost (...)

Surveys show coronavirus pandemic savaging global economy

Evidence that the coronavirus pandemic is hammering the global economy mounted (...)

Swiss ready virus aid package worth 40-100 bln Swiss francs - Tages-Anzeiger

The Swiss government, central bank and market supervisor are readying an aid (...)

Factbox: Britain starts new funding scheme to shield businesses from coronavirus

The Bank of England unexpectedly cut interest rates by half a percent on Wednesday (...)

UPDATE 2-U.S. SEC votes to exempt smaller companies from independent audit reviews

The U.S. securities regulator on Thursday voted to relax internal audit controls introduced (...)

UPDATE 4-Fed provides massive liquidity injection to calm markets amid signs of stress

The Federal Reserve moved to stem a market meltdown on Thursday with offers (...)

UPDATE 6-UK fires double stimulus salvo to soften coronavirus hit

* Longer-term spending to grow twice as fast as economy (Adds comments from (...)

UK employers urge Johnson not to sacrifice services in EU deal

Britain must not exclude its huge services industry from a planned trade deal (...)

UPDATE 1-Romania may sell 5% stake in Hidroelectrica to EBRD

Romania is considering an offer from the European Bank for Reconstruction (...)

Exchange Operator CME Group posts 22% rise in quarterly profit

Exchange operator CME Group Inc on Wednesday posted a 22% rise in fourth-quarter (...)

UK economy saw zero growth at the end of 2019

Growth in the services and construction sectors was offset by a "poor showing" (...)

WRAPUP 9-China seeks to boost economy as first virus death reported outside its borders

The first death from the coronavirus outside of China was reported on Sunday (...)

UPDATE 1-Euro zone inflation pressures are building but only slowly -ECB chief economist

Inflationary pressures in the euro zone are slowly building and the deflationary (...)

France agrees to delay new tax on tech giants

A digital sales tax, that provoked a threat of tariffs from the US, has been (...)

UPDATE 2-South African Airways cancels flights in fight for survival

* State firms big risk for South African economy (Updates with detail from (...)

Monte dei Paschi sees 1.2 bln euro net profit hit in Q4 from tax change

Italian state-owned bank Monte dei Paschi di Siena said on Thursday it expected (...)

German finmin: tax on share dealing could be extended to other assets

The financial transaction tax on share dealing that 10 European countries (...)

UPDATE 2-Uber submits appeal to regain London taxi licence

* Uber can continue operating during appeal (Adds response from London transport (...)

UPDATE 2-Ethiopia to get $3 bln loan from World Bank

Prime Minister Abiy Ahmed said on Friday that Ethiopia will receive $3 billion (...)

Flying cars could lure investors away from ground-based services -survey

Electric air taxis — known colloquially, if somewhat misleadingly, as "flying (...)

UPDATE 1-Trump asks Supreme Court to stop banks from disclosing his financial data

President Donald Trump, fighting to keep details of his finances secret, asked (...)

Johnson raises prospect of multi-billion pound payroll tax cut

British Prime Minister Boris Johnson said on Wednesday he planned a multi-billion-pound (...)

UK banks urge government to ease tax burden as Brexit beckons

Banking in Britain paid 40 billion pounds in taxes in the last financial year (...)

Democratic 2020 hopeful Warren still weighing Medicare for All financing options

White House hopeful Elizabeth Warren is taking heat from her Democratic rivals (...)

German bank regulator tells banks cutting fat is not enough, magazine reports

The head of German financial regulator BaFin called on banks to restructure (...)

IMF names Kristalina Georgieva as new head

Ms Georgieva, a former top World Bank official, becomes the first IMF boss (...)

Apple Irish tax case appeal heard by EU court

The Republic of Ireland argues it should not have to recover €13bn of unpaid (...)

UPDATE 2-India rolls back tax hike on investors; outlines steps to boost sentiment

* India exempts foreign, domestic investors from increased tax

MPs and taxpayers on retrospective loan charge payments

Anger is growing among taxpayers facing large demands from HMRC over their (...)

Loan charge - retrospective tax bills for freelancers

IT contractors, oil and gas workers, locum doctors, social workers and nurses (...)

Britons feel a boost in their finances from rising wages - survey

British households reported the strongest growth in at least a decade in their (...)

WRAPUP 3-Chill in global economy prompts G20 call for trade truce

The risk that global economic growth could slow more than expected spurred (...)

Not just Brexit - EU frets next crisis may come from money managers, clearing

While Brexit and trade disputes dominate financial headlines, European Union (...)

Hammond says his Brexit fiscal war chest has grown

British finance minister Philip Hammond said he now had 26.6 billion pounds (...)

SE Asia Stocks-Eke out small gains as global growth concerns return

Southeast Asian stocks edged higher in thin trading on Thursday as investors (...)

UK house prices remain sluggish as Brexit nears - Nationwide

British house prices rose by 0.4 percent in annual terms in February, only (...)

How much has the shutdown hit the US economy?

Losses from the partial shutdown could soon add up to more than the cost of (...)

Taxation of household savings: Key findings for Portugal

This note presents marginal effective tax rates (METRs) that summarise the (...)

Goldman Sachs announces a change in strategy

IT IS not easy to feel pity for Goldman Sachs. Its alumni lord it in pivotal (...)

A legal vulnerability at the heart of China’s big internet firms

COMPANIES’ legal structures are usually mind-numbing fare. But occasionally (...)

Exchange-rate shifts have helped the global economy

STICKLERS for value have plenty of reasons to frown at financial markets. (...)

Governments need to rethink their attitudes to debt

GOVERNMENTS do not always make the best budget managers. Assuming it avoids (...)

Fund new start-ups from pension pots, IoD urges

Allow older entrepreneurs to take 10% of their pension tax-free to get a business (...)

Canada business investment picks up, but future uncertain

OTTAWA, Aug 31 (Reuters) - A rebound in Canadian business investment may signal (...)

On NAFTA, Donald Trump’s most dangerous opponents are at home

EVER game for a fight, President Donald Trump is picking one again with Canada (...)

Of Indian banknotes cancelled last year, 99% are accounted for

ON NOVEMBER 8th 2016, Narendra Modi, India’s prime minister, stunned its (...)

The gap between India’s richer and poorer states is widening

COUNTRIES find it easier to get rich once their neighbours already are. East (...)

UPDATE 1-Danish government seeks cuts in capital gains tax, faces opposition

COPENHAGEN, Aug 30 (Reuters) - The Danish government proposed cuts on Wednesday (...)

Inheritance tax: Should the UK scrap it or keep it?

Should the UK keep or scrap inheritance tax, a tax which is paid from the (...)

Why Africa’s development model puzzles economists

IT IS easy to buy a rolex in Uganda—albeit not one that will tell the time. (...)

China modernises its monetary policy

QIN SHIHUANG was the emperor who first unified China, through bloody conquest (...)

A firm that shares a name with its founder earns higher profits

A GOOD business name can be pricey. An entrepreneur looking for the perfect (...)

Australia shares rebound as banks rally; NZ climbs

Aug 14 (Reuters) - Australian shares recovered on Monday, with financials (...)

How crisis-hit economies become investment darlings

NAWAZ SHARIF is the ex-prime minister of Pakistan again. His third stint in (...)

Why national accounts might be like corporate balance-sheets

THE easiest way to get an economist to laugh sardonically is to compare a (...)

Rentokil profit surges on gains from Haniel JV

July 27 - British support services company Rentokil Initial Plc said its pre-tax (...)

Heading to Germany because of Brexit? Call this free tax hotline

FRANKFURT (Reuters) - The western German state of Hesse, home to Frankfurt, (...)

Rangers cannot be punished further over their EBT tax scheme, says SPFL

Rangers will not face fresh sanctions from the Scottish Professional Football (...)

An overhaul of Brazilian labour law should spur job creation

IN THE litany of bosses’ gripes about Brazil’s inclement business climate, (...)

Climate change and inequality

ON JULY 12, the Larsen C ice shelf in Antarctica disgorged a chunk of ice (...)

UPDATE 1-Swiss, French to resume tax data exchange after resolving concerns

ZURICH, July 12 (Reuters) - Switzerland and France have smoothed over concerns (...)

Swiss, French to resume tax data exchange after resolving concerns

ZURICH, July 12 (Reuters) - Switzerland and France have smoothed over concerns (...)

UPDATE 3-Metro businesses set sights on acquisitions after demerger

* Metro shares up 1.5 pct (Adds comments from Ceconomy, Kellerhals)

China June total social financing rises to 1.78 trln yuan

BEIJING, July 12 (Reuters) - Total social financing (TSF), a broad measure (...)

Sri Lankan shares slip from 18-month high on profit-taking

COLOMBO, July 11 (Reuters) - Sri Lankan stocks edged down on Tuesday from (...)

G20 leaders to address taxation of digital economy -Schaeuble on ZDF

BERLIN, July 6 (Reuters) - Leaders from the 20 leading global economies will (...)

Carney in driving seat in Bank of England rate tussle

LONDON (Reuters) - The Bank of England tightened its controls on lending on (...)

IMF to visit Mozambique to discuss debt audit concerns

MAPUTO, June 24 (Reuters) - The International Monetary Fund will visit Mozambique (...)

Barclays and four former executives are charged with fraud

IN 2008, as banks cracked on both sides of the Atlantic, Britain’s government (...)

The Federal Reserve risks truncating a recovery with room to run

WHEN it comes to inflation, the Federal Reserve sometimes resembles a child (...)

What history says about inequality and technology

ONE factor behind the rise of income inequality in America over the past four (...)

Getting the most out of business taxes

ONE of the hottest debates in economic policy at the moment is how to ensure (...)

Tanzania’s firebrand leader takes on its largest gold miner

“IF THEY accept that they stole from us and seek forgiveness in front of (...)

Corporate Europe is giddy with optimism

IT IS remarkable what a difference a single election can make. “The way (...)

UK retail sales fall sharply as consumers feel the hit of Brexit vote inflation

LONDON, June 15 (Reuters) - British retail sales fell more sharply than expected (...)

UPDATE 1-World Bank approves $500 mln grant package for Afghanistan projects

WASHINGTON, June 13 (Reuters) - The World Bank on Tuesday approved financing (...)

Podcast: Super Mario to the rescue

As the European Central Bank meets in Estonia this week, is it time for Mario (...)

Why government-bond yields have been falling again

EVERY year it seems that analysts and investors play a ritual game. They begin (...)

Taiwan’s economy has defied the pessimists

Tsai takes the flakTAIWAN’S president, Tsai Ing-wen, has had a tough first (...)

A Turkish maker of white goods is looking outwards

FORGIVE a maker of washing machines a fondness for spin. Hakan Bulgurlu, who (...)

The super-rich are different: they pay less tax

OF LIFE’s two certainties, death cannot be dodged even by the well-to-do. (...)

Goldman president says companies shying away from large deals

May 31 (Reuters) - Uncertainty around tax policy and political events such (...)

UPDATE 1-Goldman president says companies shying away from large deals

May 31 (Reuters) - Uncertainty around tax policy and political events such (...)

An inglorious return to Austin for Uber and Lyft

UBER and Lyft will make their triumphant return to Austin on Monday. Whether (...)

Noble Group, a big Asian commodities trader, is teetering

THE difficulties facing Noble Group, a beleaguered Hong Kong commodities trader, (...)

How becoming a Hong Kong pensioner can save you tax

Not dodging but shufflingTHE global war on tax evasion rumbles on. What began (...)

To forecast share returns, count buy-backs as well as dividends

WHAT is the point of buying shares? Ultimately investors must hope that the (...)

What the German economic model can teach Emmanuel Macron

IT IS heartening that the euro area has a knack for surviving near-fatal crises. (...)

Donald Trump’s budget ignores what is ailing American workers

PRESIDENTIAL budget requests are worth exactly nothing. They carry no force (...)

Police probe UK links to Magnitsky money

Police investigate how £6.6m from a Russian tax fraud has been allegedly (...)

Countdown starts on global overhaul of insurance accounting

LONDON, May 18 (Reuters) - Insurers in over 100 countries face a "once in (...)

India needs to curb a borrowing spree by its state governments

WHICH Indian state sounds more likely to repay a loan: Bihar, the country’s (...)

Africa’s informal economy is receding faster than Latin America’s

COMMON to all men, according to Adam Smith, is “the propensity to truck, (...)

RPT-UPDATE 1-ING Q1 underlying pretax profit up 39 pct, beats expectations

AMSTERDAM, May 10 (Reuters) - ING Groep, the largest Dutch financial services (...)

From two would-be Fed leaders, the central bank needs to change

PALO ALTO, Calif., May 5 (Reuters) - Unemployment is at a decade low, the (...)

Puerto Rico declares bankruptcy at last

THE government of Puerto Rico said in 2015 that the island could not pay its (...)

Protecting American steel from imports makes no sense

AS AN example of all that is wrong with Donald Trump’s view of trade, the (...)

Steven Mnuchin gets started on tax reform but there is more to do

OF THE things that investors and bosses have come to like about Donald Trump, (...)

Reducing rates for “pass-through” businesses will be tough to justify

THERE are two main reasons for a country to paw around in its tax code: to (...)

The markets are uninspired by the Trump tax plan

REMEMBER why the "Trump bump" began, all the way back in November? The rationale (...)

America’s big banks have an encouraging first quarter

WHAT a difference a year makes. When America’s big banks reported first-quarter (...)

The IMF nudges up its forecast for global growth

APRIL is the cruellest month, breeding lilacs out of the dead land, and, in (...)

Why the Federal Reserve should keep its balance-sheet large

HOW much money should exist? The Federal Reserve must soon confront this deep (...)

The mysterious quiescence of the gold market

AMERICA has bombed Syria, and its relations with Russia have deteriorated. (...)

The EFTA countries show how hard Brexit will be for Britain

NORWAY offers much to envy. The food is tasty, public services are great and (...)

America has a retirement problem, not a saving problem

HOUSE Resolution 67, which Donald Trump signed last week, rolls back a rule (...)

Portugal Fiscal Expenditure

Fiscal expenditure in Portugal amounted to EUR 50.36 billion in 2016. Fiscal (...)

Portugal GDP Growth Rate

The Portuguese economy advanced 0.6 percent on quarter in the last three months (...)

Portugal GDP Annual Growth Rate

The Portuguese economy expanded 2 percent year-on-year in the last quarter (...)

Portugal Government Budget

The Portuguese government reported a EUR 3.8 billion deficit in 2016, equivalent (...)

Portugal Government Revenues

Government Revenues in Portugal decreased to 3081 EUR Million in January from (...)

Portugal Government Spending

Government Spending in Portugal increased to 8385.70 EUR Million in the fourth (...)

Portugal Social Security Rate

The Social Security Rate in Portugal stands at 34.75 percent. Social Security (...)

Portugal Economic Activity YoY

Portuguese economic activity expanded 1.2 percent year-on-year in January (...)

Portugal Personal Income Tax Rate

The Personal Income Tax Rate in Portugal stands at 56.50 percent. Personal (...)

Portugal Retail Sales MoM

Retail Sales in Portugal increased 3.10 percent in February of 2017 over the (...)

Portugal Industrial Production MoM

Industrial Production in Portugal decreased 0.70 percent in February of 2017 (...)

Portugal Sales Tax Rate | VAT

The Sales Tax Rate in Portugal stands at 23 percent. Sales Tax Rate in Portugal (...)

Portugal Corporate Tax Rate

The Corporate Tax Rate in Portugal stands at 21 percent. Corporate Tax Rate (...)

Revenue Statistics and Consumption Tax Trends 2014: Key findings for Portugal

The tax burden in Portugal increased by 2.2 percentage points from 31.2% to (...)

Revenue Statistics: Key findings for Portugal

The tax burden in Portugal declined by 0.1 percentage points from 34.5% to (...)

Revenue Statistics 2016: Country highlights

This annual publication presents detailed country notes and internationally (...)

Portugal: Successful reforms have underpinned economic recovery

The Portuguese economy is gradually recovering from a deep recession thanks (...)

Ireland’s food industries would be worst hit by a hard Brexit

IN 1962 Tony O’Reilly, head of the Irish Dairy Board, had an idea that would (...)

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We provide support as a strategic partner to access all types of incentives (...)

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All your personal information collected will be used to help you make your (...)

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