Autumn Statement: Hunt denies tax cuts were pre-election giveaway

The chancellor insists his financial plans are not "crowd-pleasing" and he (...)

Labour pledges more watchdog power after Truss mini-budget

Sir Keir Starmer says huge damage was done to the economy and can not be allowed (...)

China exports fall again as economy struggles

The declines in trade were not as bad as expected and an improvement on the (...)

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

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

Petrol stations accused of pocketing fuel duty cut

Treasury Select Committee chair claims retailers not customers benefitted (...)

UK not in recession, new figures suggest

The economy grew in the second quarter of this year, but it remains smaller (...)

Ukraine war: EU moves to cut peak electricity use by 5%

EU chief Ursula von der Leyen also calls for windfall taxes on energy companies (...)

Liz Truss defends energy firms saying profit is not evil

The Tory leader hopeful says profit is not "dirty" and windfall taxes were (...)

Cost of living package will have minimal impact on inflation, says Rishi Sunak

The chancellor defends measures to help with the cost of living, which he (...)

Cost of living: Labour to call vote on windfall tax for oil and gas companies

It is shameful not to raise extra money from oil and gas firms amid the rising (...)

Two million people miss tax return deadline

Penalties for late filing will not be enforced for another month, HM Revenue (...)

Millions yet to file tax return as scammers circle

HMRC says 3.5 million people are still to file, but it will not fine those (...)

Why tax pay packets more and not property?

The pandemic response has spurred a greater willingness to tax wages rather (...)

House prices: Demand changes, not tax waiver, pushed prices up

The stamp duty holiday did not cause rising house prices, the Resolution Foundation (...)

Wetherspoons warns price of meals to rise if VAT goes up

The pub chain says it will put up the price of meals in its pubs if a VAT (...)

Small businesses urgently call for more Covid support

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

Freeports: What are they and will they make the UK money?

Rishi Sunak thinks the low-tax zones will boost struggling parts of the UK (...)

HMRC waives penalty for late filing of self-assessments

Self-employed people will not be fined if they file their tax returns online (...)

Brexit: Problems grow at UK ports with backlogs and delays

Many retailers believe they will be paying taxes on exports of goods that (...)

European Commission to challenge Apple tax bill verdict

EU court ruling that the tech giant does not have to pay hefty back taxes (...)

Rising virus rates threaten economy, warns Bank

Bank of England says a no-deal Brexit is another risk as it keeps interest (...)

People urged to check tax credits after HMRC error

One million renewal notices were sent with incomplete details as payments (...)

U.S. energy capital spending to keep falling amid industry collapse - Dallas Fed

Capital spending by the U.S. energy sector that has dropped during the coronavirus (...)

UPDATE 1-Bank of England not ruling out negative rates in future: Tenreyro

Bank of England official Silvana Tenreyro on Monday talked up the benefits (...)

Bank of England not ruling out negative rates in future - Tenreyro

Bank of England official Silvana Tenreyro on Monday talked up the benefits (...)

Coronavirus hits UK households hard again in May - survey

The financial health of British households has deteriorated sharply this month, (...)

Coronavirus: Uber tells all drivers to wear face masks

The ride-hailing firm is providing UK taxi drivers with protective gear, but (...)

Fund managers looking at medical tests, Europe, for signs U.S. economy can reopen

Some investors are wary about buying into a recent stock market rally. Even (...)

UK ramps up jobs protection push with social security, pensions pledge

Britain will ramp up its bid to slow a surge in unemployment during the coronavirus (...)

UK employers urge Johnson not to sacrifice services in EU deal

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

WRAPUP 1-Fed officials: Trade risks easing may mean bluer sky for 2020

The global trade wars may not be over, but U.S. Federal Reserve officials (...)

Recession, robots and rockets: another roaring 20s for world markets?

Helicopter cash, climate crises, smart cities and the space economy -- investors (...)

EXPLAINER-Ways Trump’s tax returns could come to light

U.S. President Donald Trump broke with a decades-long tradition of U.S. presidential candida (...)

Taxing Energy Use: Key findings for Portugal

This country note explains how Portugal taxes energy use. The note shows the (...)

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

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

Boeing says Airbus could still avoid tariffs by obeying WTO

Boeing Co on Wednesday urged Airbus to comply with World Trade Organization (...)

Apple Irish tax case appeal heard by EU court

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

U.S. tells Britain to drop tax proposal on U.S. tech firms for trade deal -The Telegraph

The administration of U.S. President Donald Trump has told Britain it will (...)

Iceland index inclusion leaves fund managers cold

Iceland may soon reclaim a place on the investment stage through inclusion (...)

Is the UK economy at a new moment of sea-change?

Forty years ago Mrs Thatcher came to power, is the UK economy at another historic (...)

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

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

Taxing Energy Use 2018: Key findings for Portugal

This note describes the taxation of energy use in Portugal. It contains the (...)

Taxation of household savings: Key findings for Portugal

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

Success story

Without it, companies in the sharing economy might not have grown as successfully (...)

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 (...)

Is Margrethe Vestager championing consumers or her political career?

EVEN her enemies admire the bloody-mindedness of Margrethe Vestager, the European (...)

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

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

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 (...)

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

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

The “free” economy comes at a cost

FACEBOOK, whose users visit for an average of 50 minutes a day, promises members: (...)

Samsung’s boss is sentenced to prison

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

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 (...)

Wilko opens redundancy talks with nearly 4,000 staff

The company, which has its headquarters in Worksop, saw its pre-tax profits (...)

Investors are not great at predicting politics

FINANCIAL markets are supposed to be the font of all wisdom, weighing up the (...)

Cars for cheese?

A free trade agreement does not normally mean the removal of all taxes, quotas (...)

How crisis-hit economies become investment darlings

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

UK will not cut taxes below European average after Brexit - Hammond

LONDON (Reuters) - Britain does not intend to lower taxes far below the European (...)

Brexit: UK will not cut taxes, says Philip Hammond

Chancellor Philip Hammond says the UK has no desire to try to undercut European (...)

The world’s largest online-travel company

NOT since the dotcom boom at the turn of the century have technology shares (...)

America’s uncompetitive markets harm its economy

“THE best of all monopoly profits is a quiet life,” wrote Sir John Hicks, (...)

Tech stocks have regained their dotcom-era highs

CAST your mind back to when Bill Clinton was president, Tony Blair and Vladimir (...)

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

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

Climate change and inequality

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

SE Asia Stocks-Most up on cautious Fed; Philippines gives up gains

By Chris Thomas July 13 (Reuters) - Most Southeast Asian stock markets (...)

Pakistan’s old economic vulnerabilities persist

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

How to Trump-proof your company

TO OUR management team: When I left the White House yesterday, after another (...)

The complicated failure of two Italian lenders

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

Why the falling oil price isn’t hurting markets

INVESTORS could easily get confused about the impact of oil-price rises on (...)

Barclays and four former executives are charged with fraud

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

Mark Carney says time not right for interest rate rise

Wage growth is falling and the impact of Brexit on the economy is unclear, (...)

What history says about inequality and technology

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

The Treasury publishes proposals to cut red tape

TEN days after he became America’s 45th president in January, Donald Trump (...)

Getting the most out of business taxes

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

The perils of nationalisation

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

Bangladesh worries about falling remittances

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

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 (...)

Global monetary policy is not tightening as expected

AT ITS outset, 2017 seemed likely to mark a turning-point for global monetary (...)

Sweden’s economy is thriving, so why is monetary policy so loose?

ON A recent balmy day, people thronged the parks and promenades of central (...)

Eastern Bank: a 199-year-old lender becomes a tech pioneer

LIKE other local bankers, Bob Rivers is counting the cost of red tape. At (...)

The super-rich are different: they pay less tax

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

An inglorious return to Austin for Uber and Lyft

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

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 (...)

A new anthology of essays reconsiders Thomas Piketty’s “Capital”

“A MODERN Marx” was how The Economist described Thomas Piketty three years (...)

Old McDonnell has a plan. He eyes IOUs

WITH the Labour Party 17 percentage points behind in the opinion polls, it (...)

Delay seen, again, on Trump growth agenda after Comey sacking

NEW YORK (Reuters) - Not even a week after the Trump administration and Congress (...)

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 (...)

May pledges not to increase VAT, quiet on other taxes

LONDON (Reuters) - British Prime Minister Theresa May said on Sunday she would (...)

Protecting American steel from imports makes no sense

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

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 (...)

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 (...)

The markets adjust their Brexit calculations

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

How Chávez and Maduro have impoverished Venezuela

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

Taxing Wages: Country note for Portugal

The average worker in Portugal faced a tax burden on labour income (tax wedge) (...)

Environmental taxes: Key findings for Portugal LINK

This country note provides an environmental tax and carbon pricing profile (...)

Consumption Tax Trends 2016: Country highlights

This publication provides detailed country notes on Value Added Tax/Goods (...)

Revenue Statistics 2016: Country highlights

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

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