News Archive

George Osborne floats plan to cut UK corporation tax to 15pc

George Osborne is planning to cut corporation tax to less than 15pc as part of a plan to give Britain a post-Brexit vote boost.

Will the UK leave the EU? Keeping track of the polls, bookmaker odds, and the financial markets

The UK’s membership of the European Union is the biggest unknown of the year, affecting everything from politics to financial markets. But how can you tell which way the referendum will go? Here are the three things you should be looking out for: How do people say they’ll vote?

£2,000 hit for contractors who use limited companies to pay less tax

Self-employed contractors will pay an additional £2,000 in tax for an £80,000 contract under new dividend tax rules introduced in last week’s Budget.

UK should clamp down on unjustifiable tax havens say economists ahead of anti-corruption summit

UK Prime Minister David Cameron has been urged to clamp down on tax havens that fall under British sovereignty. In a letter to world leaders, 300 economists said that there is no justification for tax havens and that action should be taken against them.

MPs warn fresh mis-selling scandal could explode in UK's financial market

British MPs have warned that a new mis-selling scandal could be brewing in the UK's financial industry following the introduction of the pension freedoms last year.

Consensus 2016: Raising capital using 'blockchain' and the DLT centralisation paradox

One highly practical reason for using a blockchain-type solution was voiced by IBM's Jerry Cuomo during a Consensus 2016 panel about how companies are embracing the technology.

Panama Papers: Labour and SNP launch joint tax transparency attack against David Cameron at PMQs

David Cameron faced sustained attacks from Labour and the SNP over the staffing levels of the UK's tax watchdog during Prime Minister's Questions (PMQs), as the fallout from the explosive Panama Papers leak continues.

Buy-to-let clampdown: Which alternative investments should landlords consider?

The latest budget from UK chancellor George Osborne spelled bad news for landlords, with various tax changes coming into force from 6 April designed to undermine the booming buy-to-let market.

UK banks to commit to improve gender balance in senior finance roles

With the aim to achieve a greater gender balance in workplaces and promote the appointment of women in senior roles in the finance industry, the UK government is urging companies to sign up to a voluntary charter, which comprises proposals to further the cause.

Bank of England keeps interest rates at record low of 0.5%, citing slowdown in emerging markets

The Bank of England has decided to keep the UK central interest rate unchanged at 0.5%. The policy makers decided to keep borrowing costs at a record low.

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