Labour hopes to cut net migration to around 200,000
The party says it wants migration to return to "normal levels", depending (...)Autumn Statement: Jeremy Hunt cuts National Insurance but tax burden still rises
Chancellor Jeremy Hunt says tax cuts will boost growth - but official forecasts (...)Barbie movie added £80m to UK economy and used 6,000 extras, Warner Bros says
The hit movie was partly shot at the Warner Bros studios in Hertfordshire, (...)UK facing permanent higher taxes, IFS think tank says
A study says taxes will reach 37% of national income by next election - the (...)Richest oil states should pay climate tax, says Gordon Brown
The former Labour PM wants the wealthiest oil producers to help poorer nations (...)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 (...)Tim Gurner: Australian tycoon calls for layoffs to fix worker attitudes
Tim Gurner says "we need to see pain in the economy" to remind people they (...)Labour rules out wealth tax if party wins next election
Shadow chancellor Rachel Reeves says extra money for public services must (...)Travel recovery to boost global economy, says IMF
World economy expected to grow 3% this year but inflation and interest rates (...)ExxonMobil reports record first-quarter profits of $11.4bn
The energy giant says the profits came despite paying about $200m (£160m) (...)UK economy rebounds as Rishi Sunak says confidence is returning
The economy grew by more than expected in January, helped by higher school (...)Third of world in recession this year, IMF head warns
Kristalina Georgieva says 2023 will be "tougher" than last year as the global (...)UK tax and spending plan pushed back by two weeks, says Hunt
The much-anticipated statement will now take place on 17 November, the chancellor (...)Rishi Sunak: What will the new PM mean for my money?
The new prime minister says there are "difficult decisions to come" and that (...)UK faces tougher austerity era - ex-Bank chief
Former Bank of England governor Lord King says people could face "significantly (...)Big and painful cuts needed to fix budget, says IFS
Public spending needs to fall by £60bn to balance the books if tax cuts go (...)Kwasi Kwarteng U-turns on plans to scrap 45p tax rate
Kwasi Kwarteng says the proposal was "drowning out a strong package" to boost (...)Ground should have been laid for tax cuts, admits Liz Truss
But the prime minister says she sticks by her mini budget, despite a bad reaction (...)Kwasi Kwarteng: We stopped consumer spending collapse
Chancellor Kwasi Kwarteng says he will stick to his tax cut plan despite days (...)IMF openly criticises UK government tax plans
The UK government proposals will work at "cross purposes" with the cost-of-living (...)Keir Starmer: Labour would reverse cut to top income tax rate
Scrapping the 45% rate is the "wrong choice" during a cost-of living crisis, (...)Kwasi Kwarteng: I want to keep cutting taxes
Tax cuts will help to boost growth, says chancellor, as government also looks (...)Labour conference: Rachel Reeves pledges to spend top rate tax on more nurses
The shadow chancellor says Labour is now the party of economic responsibility (...)Stamp duty cut in bid to help house buyers
The chancellor says the changes mean 200,000 more house buyers will no longer (...)Tory leadership race: Tax cut pledges are unrealistic, says IFS
Slashing taxes would add to pressures on public finances unless spending is (...)Liz Truss defends energy firms saying profit is not evil
The Tory leader hopeful says profit is not "dirty" and windfall taxes were (...)Truss tax plans accused of breaking spending rules
Tax cut plans mean higher borrowing or lower public spending, or both, says (...)IMF: UK set for slowest growth of G7 countries in 2023
The IMF cuts its UK forecast for 2023 and says the global economy is "teetering (...)Cutting UK taxes now would be a mistake, says IMF
Tax cuts could be misguided and might boost inflation by strengthening spending, (...)UK government debt on unsustainable path unless taxes hiked, says OBR
Energy prices and an ageing population risk more pressure on the economy, (...)Two million more people paying higher rate tax
The number of workers in higher income tax bands has risen by almost two million (...)Audit reforms aim to prevent accounting scandals
A new watchdog will prevent sudden large-scale collapses like Carillion and (...)Sector must improve lorry driver conditions or face tax, MPs say
The haulage industry should be given two years to make changes or face a new (...)Windfall tax will drive away North Sea investors, says industry body
Oil and gas operators fear a new levy will create "long-lasting uncertainty (...)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 (...)UK set for slowest growth in G7 as Ukraine war hits global economy
The Ukraine war will "severely set back" global growth with the UK hit harder (...)National Insurance rise starts to hit pay packets
The prime minister says it is fair for some to face an extra tax burden to (...)Taxpayer left to pay billions due to Covid fraud, say MPs
Public Accounts Committee report says the taxpayer is exposed to long-term (...)Do more to spur investment, firms urge government
The trade body says firms need help as they face the highest tax burden in (...)HMRC seizes NFT for first time in £1.4m fraud case
The tax authority says it is the first UK law enforcement body to seize a (...)Fuel and excise duty must be replaced with new tax, MPs say
The UK will be left with a £35bn "black hole" as motorists switch to electric (...)India says it will launch digital rupee as soon as this year
It is the latest major economy to announce its own virtual currency, as China (...)Two million people miss tax return deadline
Penalties for late filing will not be enforced for another month, HM Revenue (...)Graduates in England facing tax rise by stealth, says IFS
The warning from the IFS comes as the threshold for repaying student loans (...)Kwarteng: No U-turn on National Insurance tax rise
Business Secretary Kwasi Kwarteng says a National Insurance rise to fund the (...)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 (...)IMF expert: Families may need help with energy bills
The IMF says the global economy is entering 2022 in a weaker position than (...)Labour calls again for 5% VAT cut on energy bills
Angela Rayner says rising living costs are hitting families hard, but Boris (...)Budget 2021: Price rises could hit highest rate in 30 years, says forecaster
The economy is set to return to pre-Covid levels at the end of the year, but (...)Council tax could rise by £220, say researchers
Households in England could see bills jump within three years, says the Institute (...)Overseas workers only way to solve shortages, says Next boss
Next boss Lord Wolfson says hiring overseas workers under a visa tax scheme (...)E.On boss: Remove green levies to cut energy bills
Cut soaring energy costs by paying energy levies through taxes, E.On UK boss (...)House prices: Demand changes, not tax waiver, pushed prices up
The stamp duty holiday did not cause rising house prices, the Resolution Foundation (...)EU puts its digital tax plan on ice
The EU says suspending the plan will help achieve a global tax deal, but Ireland (...)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 (...)Public finances vulnerable to shocks after Covid, says watchdog
Government debt has soared as the costs of Covid mount, says the Office for (...)Inaccurate gas and electricity bills criticised
The problem puts an extra strain on finances already affected by the pandemic, (...)UK economy set to grow at fastest rate in more than 70 years
Economy expected to grow by 7.25% in 2021 as lockdown restrictions are eased, (...)Tax wealth to help shrink inequality caused by Covid says IMF
Inequality had widened in the year since the virus first hit the global economy, (...)Budget: Rishi Sunak promises help as Covid restrictions ease
But the chancellor says he wants "to be honest" with the public about the (...)Budget 2021: Mortgage guarantee to help buyers with 5% deposit
The chancellor says public finances are facing a "challenge" from the impact (...)UK economy poised like a coiled spring, says Bank economist
Andy Haldane says the UK economy will surge back this spring thanks to the (...)Spending Review: Council tax likely to rise, says think-tank
The IFS says the Spending Review means council tax could rise an average £70 (...)Capital gains tax: Rate should double, says government review
The chancellor commissioned the report in July as part of efforts to cover (...)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. (...)Rising virus rates threaten economy, warns Bank
Bank of England says a no-deal Brexit is another risk as it keeps interest (...)Amazon pays £290m in UK tax as sales surge to £14bn
The tech giant has faced scrutiny over its UK tax bill, but says it pays "all (...)Pizza Express to close 73 outlets hitting 1,100 jobs
The chain says it has cut a deal to stay afloat as coronavirus continues to (...)‘Raise sick pay’ to lower virus health and economic risks
It would manage a "crude" trade-off between lives and jobs as the UK economy (...)Just Eat to stop using gig economy workers
Boss Jitse Groen says he would rather have staff who get benefits and more (...)Capital gains tax review is standard practice, says Treasury
The Treasury has launched a review of the capital gains tax system to “ensure (...)Coronavirus: What a shrinking economy means for Luton
Luton is one of the most vulnerable towns to the financial impact of coronavirus, (...)Coronavirus: UK economy could be worst hit among leading nations, says OECD
International agency says UK economy likely to shrink 11.5% this year - the (...)Labour opposes relaxing Sunday trading hours, says Nandy
The government reportedly plans to suspend the laws for a year in a bid to (...)Britain can cope with surge in unemployment, minister says
Britain can cope with the surge in unemployment from the COVID-19 pandemic (...)Turkey will foil financial plotters, Erdogan says
President Tayyip Erdogan said on Monday those who tried to plot against the (...)Britain says around a quarter of workers furloughed
Around a quarter of employees in Britain have been furloughed and companies (...)Jordan PM says state finances under strain by impact of coronavirus
Jordan Prime Minister Omar al Razzaz said on Thursday spending priorities (...)Budget 2020: Chancellor must raise taxes in first Budget, says IFS
A think tank says Rishi Sunak risks breaking Treasury rules on borrowing if (...)Immigration: No visas for low-skilled workers, government says
Ministers urge firms to stop relying on "cheap labour", but critics warn of (...)WRAPUP 10-People returning to Beijing under quarantine as China struggles to pick up economy
* China says mainland cases rise by 5,090, with 121 new deathsUPDATE 2-South Africa must fix its public finances, Ramaphosa says
* Speech short on specifics, timeframes (Writes through with new detail, quotes) (...)UPDATE 2-China to inject $174 bln of liquidity on Monday as markets reopen
* Beijing says will use monetary policy tools to support economyFlybe confirms it will get a tax and duty holiday
But the struggling airline says the debt with tax authorities is far lower (...)UPDATE 2-PIMCO says signs point to stronger global economy in 2020
Recession risks have diminished in recent months, and the current window of (...)UPDATE 1-UK accounting watchdog to name and grade poor audits
* KPMG says would give consent to publishing grades (Adds reaction)Boeing says Airbus could still avoid tariffs by obeying WTO
Boeing Co on Wednesday urged Airbus to comply with World Trade Organization (...)Introduce frequent flyer levy to fight emissions, government told
The Committee on Climate Change says the extra tax would help curb the growing (...)Eurozone prepares for interest rate cut as growth slows
The outlook for the eurozone economy is getting "worse and worse", says the (...)BoE says British banks ready for no-deal Brexit, trade war
British banks hold enough capital to cope with a no-deal Brexit and a global (...)Five seater self-flying air taxi unveiled
Lilium says the craft, which had its first test flight this month, could travel (...)World economy facing delicate moment, IMF says
The International Monetary Fund downgrades global growth for 2019, seeing (...)People spend £69 on average on a UK night out, says report
Average spend reaches £69 as people stay out for longer, says a report into (...)Hammond says his Brexit fiscal war chest has grown
British finance minister Philip Hammond said he now had 26.6 billion pounds (...)UPDATE 3-PwC investigation finds $7.4 bln accounting fraud at Steinhoff, company says
* Investigation found fictitious or irregular transactions totalling 6.5 billion (...)UPDATE 1-Erdogan says will discuss case of ex-Turkish minister with Trump during visit
ANKARA, Sept 15 (Reuters) - Turkish President Tayyip Erdogan said on Friday (...)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. (...)Fund new start-ups from pension pots, IoD urges
Allow older entrepreneurs to take 10% of their pension tax-free to get a business (...)Berkeley says London housing market still hit by Brexit, tax hike
LONDON (Reuters) - British housebuilder Berkeley said on Wednesday that the (...)Is there a wage growth puzzle in America?
TODAY’S labour market report showed that the American economy created 156,000 (...)Taking credit
President Trump says the rising stock market is a sign of a healthy economy, (...)Brexit: UK will not cut taxes, says Philip Hammond
Chancellor Philip Hammond says the UK has no desire to try to undercut European (...)University finances face £17.5bn pensions squeeze
An expert warns of tuition fees rising or being diverted, but the pensions (...)Rangers cannot be punished further over their EBT tax scheme, says SPFL
Rangers will not face fresh sanctions from the Scottish Professional Football (...)Spain looks at selling more of Bankia, economy minister says
BARCELONA, Spain, July 23 (Reuters) - Spain will explore the possibility of (...)BoE says banks plan to cut back lending to consumers on worries about economy
LONDON (Reuters) - British banks expect to cut back lending to consumers in (...)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 (...)Brexit may never happen - Sir Vince Cable
Labour and Tory divisions are "enormous" and the economy is "deteriorating", (...)UPDATE 1-Ukraine software firm says computers compromised after cyber attack
KIEV, July 5 (Reuters) - The Ukrainian software firm at the centre of a cyber (...)Ukraine software firm says computers compromised after cyber attack
KIEV, July 5 (Reuters) - A Ukrainian software firm at the centre of a cyber (...)UPDATE 3-Police seize servers of Ukrainian software firm after cyber attack
* Kiev says to extend tax deadline to help affected firms (Adds police, company (...)UPDATE 2-Police seize servers of Ukrainian software firm after cyber attack
* Kiev says to extend tax deadline to help affected firms (Adds details, background) (...)UPDATE 4-South Africa says may need seek outside help to get economy going
* ANC policy meeting to lay ground for Zuma succession (Adds Zuma no-confidence (...)Savings ratio at record low as disposable income drops, says ONS
The ONS also said a burst in tax payments was a major factor in the cut in (...)Pakistan’s old economic vulnerabilities persist
THE IMF, claims Pakistan’s government, is surplus to requirements. Ministers (...)Haldane: UK pay has flatlined
UK pay growth has stagnated over the past decade, with one of the main causes (...)Spare landlords more tax changes, says CML
A "weak start" to 2017 in the UK buy-to-let sector leads mortgage lenders (...)Mark Carney says time not right for interest rate rise
Wage growth is falling and the impact of Brexit on the economy is unclear, (...)Brexit talks: Hammond says jobs and economy the priority
The UK should focus on protecting jobs and the economy in Brexit talks, says (...)What history says about inequality and technology
ONE factor behind the rise of income inequality in America over the past four (...)Corporate Europe is giddy with optimism
IT IS remarkable what a difference a single election can make. “The way (...)UPDATE 2-Maltese PM Muscat wins second term in snap election
* Says will cut taxes, legalise gay marriage (Adds Muscat comment, details) (...)In Donald Trump’s America, the left rethinks its economics
DEMOCRATS thought they knew the boundaries of acceptable economic discourse. (...)A Turkish maker of white goods is looking outwards
FORGIVE a maker of washing machines a fondness for spin. Hakan Bulgurlu, who (...)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 (...)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 (...)A new anthology of essays reconsiders Thomas Piketty’s “Capital”
“A MODERN Marx” was how The Economist described Thomas Piketty three years (...)Macron to take time reforming economy in divided France
BERLIN/PARIS (Reuters) - After a decade of slow growth, rising unemployment (...)New car registrations dive 20% after tax increase
The industry says car buyers rushed to buy new cars ahead of a Vehicle Excise (...)Puerto Rico declares bankruptcy at last
THE government of Puerto Rico said in 2015 that the island could not pay its (...)Bill Ackman: Donald Trump will be good for US economy
Hedge fund billionaire Bill Ackman says he would go into business with Donald (...)Federal Reserve: US economic slowdown temporary
The US Federal Reserve says it expects the economy to pick up again after (...)America’s big banks have an encouraging first quarter
WHAT a difference a year makes. When America’s big banks reported first-quarter (...)Starbucks says Brexit vote partly behind UK profit fall
The coffee giant blames a slowing economy and the effect of the Brexit vote (...)Fundamental reforms paving the way for economic recovery in Portugal, OECD says
Fundamental reforms have helped put the Portuguese economy back on the right (...)We found 139 rearch results.