Period pants should not be subject to 20% VAT, say firms

Marks & Spencer and period pants brand WUKA are asking the government to remove (...)

Government borrows less than expected in June

Public finances are boosted by tax receipts and lower interest payments but (...)

PwC Australia sells division for 50p after tax leak scandal

Accounting giant will sell its government consultancy operation after misuse (...)

Budget 2023: What could be in it and when will it happen?

The government will reveal how much of our money it will take in taxes and (...)

Budget 2023: What is it and when will it happen?

The government will reveal how much of our money it will take in taxes and (...)

Insulation: Households could save £300 in new insulation scheme

Government announces extra funding to help those in least-efficient homes (...)

Autumn Statement: When is it and how will it affect me?

With the UK facing a cost-of-living crisis the government is set to unveil (...)

Pound rises and borrowing costs fall as chancellor moves to calm markets

Government borrowing costs fall and sterling climbs as most of the mini-budget (...)

IMF openly criticises UK government tax plans

The UK government proposals will work at "cross purposes" with the cost-of-living (...)

Kwasi Kwarteng: I want to keep cutting taxes

Tax cuts will help to boost growth, says chancellor, as government also looks (...)

Mini-budget: What it means for you and your finances

Chancellor Kwasi Kwarteng has delivered what the government calls a "fiscal (...)

Pound sinks as investors question huge tax cuts

Markets worry over the outlook for government finances following the biggest (...)

New chancellor Nadhim Zahawi pledges to control rising prices

The government will deliver "sound public finances", the new chancellor said (...)

UK government debt on unsustainable path unless taxes hiked, says OBR

Energy prices and an ageing population risk more pressure on the economy, (...)

Audit reforms aim to prevent accounting scandals

A new watchdog will prevent sudden large-scale collapses like Carillion and (...)

Spring Statement: Is this really the biggest personal tax cut for 25 years?

The Spring Statement cut some taxes but, overall, the government has raised (...)

Students to pay off loans into their 60s, plans say

The government announces a shake-up of student finance in England to reduce (...)

Do more to spur investment, firms urge government

The trade body says firms need help as they face the highest tax burden in (...)

Tax cheat schemes cost governments billions

Major tax evasion and avoidance schemes have deprived countries of £127bn, (...)

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 (...)

Public finances vulnerable to shocks after Covid, says watchdog

Government debt has soared as the costs of Covid mount, says the Office for (...)

US economy accelerates as recovery continues

The economy grew strongly in the first quarter of 2021 helped by heavy government (...)

Covid costs push government borrowing to highest since WW2

The government borrowed £303bn in the year to March, reflecting the cost (...)

Climate change: Shipping industry calls for new global carbon tax

The global shipping industry wants governments to tax their carbon emissions (...)

UK finances see first January deficit in 10 years

Government borrowing hit £8.8bn last month, the highest January figure since (...)

UK government borrowing hits highest January level since records began

It is the first time in 10 years that more have been borrowed than collected (...)

UK borrowing hits highest December level on record

Government borrowing hit £34.1bn last month, as the cost of pandemic support (...)

Switzerland moves to close bribery loophole

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

Capital gains tax: Rate should double, says government review

The chancellor commissioned the report in July as part of efforts to cover (...)

Capital gains tax: Overhaul urged by government body

The chancellor commissioned the report in July as part of efforts to cover (...)

Coronavirus: Working from home damaging economy, Raab warns

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

Coronavirus: Disney heir and Ben & Jerry’s call for higher taxes

Some of the world’s richest people want governments to raise taxes on them (...)

Increase car taxes to help climate, advisers say

Car taxes should be raised to help fund the battle against climate change, (...)

Labour opposes relaxing Sunday trading hours, says Nandy

The government reportedly plans to suspend the laws for a year in a bid to (...)

Worst might be over for UK hiring slump - survey

British employers turned a bit less pessimistic about hiring and investment (...)

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 (...)

Coronavirus: Jaguar Land Rover in talks over government loan

The carmaker is reportedly seeking more than £1bn in taxpayer support as (...)

Britain can cope with surge in unemployment, minister says

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

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 (...)

Coronavirus: Heathrow trialling passenger temperature checks

Heathrow boss urges government to help his industry saying restarting aviation (...)

Britain says around a quarter of workers furloughed

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

One in three UK households expects to need state help to weather coronavirus - survey

One third of British households said they were likely to need government support (...)

Coronavirus: Six industries crying out for help

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

UK throws lifeline to self-employed hit by coronavirus

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

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 (...)

Immigration: No visas for low-skilled workers, government says

Ministers urge firms to stop relying on "cheap labour", but critics warn of (...)

Hong Kong economy to see more weakness due to virus outbreak

The risk of further contraction in the Hong Kong economy, which was buffeted (...)

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 (...)

Putin appoints former economy minister Maxim Oreshkin as adviser

Russian President Vladimir Putin on Friday appointed former economy minister (...)

Flybe: Government strikes a deal to rescue troubled airline

The airline’s investors will put more money in while the government will (...)

HK considers "competitive" tax measures for private equity funds -finance sec

Hong Kong finance secretary Paul Chan said on Monday the government was considering (...)

UPDATE 4-Argentina creates external debt unit, economy bill moves to Senate

Argentina appointed a government team to kick off talks with creditors to (...)

General election 2019: How do government finances work?

Political parties are promising to spend lots of money, but how will they (...)

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 (...)

Italy govt has found money to avoid sales tax hike-PM

Italian Prime Minister Giuseppe Conte said on Monday his government had freed (...)

Introduce frequent flyer levy to fight emissions, government told

The Committee on Climate Change says the extra tax would help curb the growing (...)

Would you accept a loss to keep your money safe?

Some pension fund investors are paying to hold government bonds due to fears (...)

UK government should cut taxes to boost growth - senior Treasury minister

Britain should use the opportunity of leaving the European Union to cut taxes (...)

YOUR MONEY-Retirement reform wants more of your tax dollars now

Saving for retirement is such a lofty goal that the U.S. government has always (...)

Corbyn-proof? British water, power firms take nationalisation precautions

British water and power firms are trying to soothe nerves over nationalisation (...)

BPIFrance bank sees strong corporate credit demand

French state-owned bank BPIFrance said corporate credit demand was strong (...)

Government to bring forward promised income tax cuts

British Chancellor Philip Hammond said on Monday that the government will (...)

Stanley Fischer and the twilight of technocracy

IN 2004 Stanley Fischer described the wonder he felt as an economics student (...)

Goldman Sachs announces a change in strategy

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

The Fed prepares for its balance-sheet—and its board—to shrink

NINE years ago, in the autumn of 2008, the Federal Reserve was fighting a (...)

Weak data throws wrench into long China stock rally but Hong Kong rises

SHANGHAI, Sept 15 (Reuters) - Chinese stocks paused on Friday and looked set (...)

Give us some clarity on Brexit, French minister Griveaux tells UK

LONDON, Sept 13 (Reuters) - The British government needs to provide more clarity (...)

Capacity cuts in China fuel a commodity rally and a debate

STEEL ran in Zhang Cheng’s family for three generations. His grandfather (...)

Governments need to rethink their attitudes to debt

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

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

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

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

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

Danish govt seeks cuts in capital gains tax

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

Samsung’s boss is sentenced to prison

SAMSUNG’S founding family, the Lees, have good reason to dislike room 417 (...)

Sri Lankan shares snap five days of falls on bargain-hunting

COLOMBO, Aug 18 (Reuters) - Sri Lankan shares rose on Friday on bargain-hunting (...)

UPDATE 1-With Congo finances collapsing, desperate government has few options

* Lack of work drives some to crime (Adds additional VTB comment)

The hubris of ten-year budgets

IN February of 2001, Alan Greenspan, then still the chairman of the Federal (...)

Why national accounts might be like corporate balance-sheets

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

Lloyds bank posts biggest half-year profit in eight years

LONDON, July 27 (Reuters) - Lloyds Banking Group reported its biggest half-year (...)

India raises tax on cigarettes

NEW DELHI, July 17 (Reuters) - India has raised the total tax on cigarettes (...)

Climate change and inequality

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

Britain hails Spanish investment as sign of confidence in economy

LONDON, July 13 (Reuters) - Spanish companies will commit millions of pounds (...)

Taylor Review: All work in UK economy should be fair

The author of a government review into work says a modern economy should be (...)

Taylor Review: UK should end cash in hand economy

The author of a government review into work says cash jobs should be paid (...)

The EU proposes pan-European pension products

THE story of the European Union is in part that of the steady accretion of (...)

Podcast: Vorsprung durch Angst

Germany is admired for a stable economy and holding on to blue-collar jobs (...)

Australia state opposition lawmakers say they will block bank tax

SYDNEY, July 3 (Reuters) - The parliamentary opposition of the state of South (...)

UPDATE 1-Australia state opposition lawmakers say they will block bank tax

SYDNEY, July 3 (Reuters) - The parliamentary opposition of the state of South (...)

Pakistan’s old economic vulnerabilities persist

THE IMF, claims Pakistan’s government, is surplus to requirements. Ministers (...)

The complicated failure of two Italian lenders

BANKS sicken slowly but die fast. For years Banca Popolare di Vicenza and (...)

Barclays and four former executives are charged with fraud

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

What history says about inequality and technology

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

The perils of nationalisation

WHEN Jeremy Corbyn unveiled his Labour manifesto ahead of the recent British (...)

Tanzania’s firebrand leader takes on its largest gold miner

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

Bangladesh worries about falling remittances

IT IS a mystery. Last year Bangladesh’s army of migrant workers abroad increased (...)

Why government-bond yields have been falling again

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

Banco Popular fails and is bought by Santander

EVEN a bank failure can be presented as a triumph. This week Banco Popular, (...)

In Donald Trump’s America, the left rethinks its economics

DEMOCRATS thought they knew the boundaries of acceptable economic discourse. (...)

Taiwan’s economy has defied the pessimists

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

The super-rich are different: they pay less tax

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

How becoming a Hong Kong pensioner can save you tax

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

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 (...)

NEWSMAKER-Macron picks pro-EU conservative Le Maire as French finance chief

PARIS, May 17 (Reuters) - Bruno Le Maire, named French economy minister on (...)

Lloyds chief executive Antonio Horta Osorio welcomes the end of government ownership

Lloyds chief executive Antonio Horta Osorio welcomes the end of government (...)

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 (...)

Australia budget 2017: Treasurer unveils big banks tax

Treasurer Scott Morrison delivers his first budget since the government was (...)

America’s Treasury ponders issuing 40-, 50- or 100-year bonds

HOW can governments borrow most cheaply? The answer matters hugely for taxpayers. (...)

Puerto Rico declares bankruptcy at last

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

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 markets adjust their Brexit calculations

SOMETIMES the markets are genuinely surprised. On the morning of April 18th, (...)

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 Personal Income Tax Rate

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

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 (...)

How Chávez and Maduro have impoverished Venezuela

IT IS hard to convey the severity of Venezuela’s unfolding crisis. Its extent (...)

Environment: a source of future economic growth in Portugal

Despite Portugal’s economic and political challenges, it is still committed (...)

Portugal: Deepening structural reform to support growth and competitiveness

Having been hit hard by the global crisis, the Portuguese government has taken (...)

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