Business and Economy

Tories pledge to cut corporation tax

21 March 2007
The shadow chancellor, George Osbourne, has promised to cut corporation tax by three per cent if the Tories are returned to office.


BBA calls for tax simplification in Budget submission

19 March 2007
Ahead of the Budget on Wednesday, the British Bankers Association (BBA) has called for a simplified UK tax regime in order to retain business competitiveness.


US regulator brands AIM 'a casino'

12 March 2007
The US Security and Exchange Commission (SEC) has accused London's AIM exchange of being akin to a casino.


Businesses to "feel the pinch" of rate rise

08 March 2007
The decision taken by the Bank of England to raise interest rates last month could have a serious impact upon businesses in the UK, according to one expert.

Bank votes to hold interest rates

08 March 2007
The Bank of England today (March 8th) chose to hold interest rates at 5.25 per cent, a move that had been widely predicted by financial observers.


PwC report predicts London financial boost

07 March 2007
A new report from PricewaterhouseCoopers predicts that London is to become a more important city economy over the next decade, boosted by its strong financial sector.


IMF impressed by UK economy but urges vigilance

06 March 2007
The International Monetary Fund (IMF) has urged the British government to remain vigilant regarding inflation, although it said that UK macroeconomic performance remains "impressive".


CBI calls for public spending reduction

05 March 2007
The Confederation of British Industry (CBI) has called on the Chancellor to reduce public spending in order to stop the slide in Britain's tax competitiveness.


KPMG: Sellers failing to maximise disposal margins

02 March 2007
A large number of corporate sellers believe they are not making the most of favourable current market conditions, according to new research.

Deloitte appoints new global chairman

01 March 2007
John Connolly has been elected the new global chairman of Deloitte Touche Tohmatsu.

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