Oil boom helps Treasury top up empty tanks
Surging oil prices have boosted tax revenues in recent months to the extent that the shortfall in the government's finances is likely to be considerably smaller than prev...
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Family businesses face higher tax bills
More than 200,000 family businesses face crippling tax bills as a result of an Inland Revenue victory in the high court yesterday.
Accountants said husband and wife fir...
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Tories take a chance on negative campaign
The general election campaign descended into probably the most negative and personal of any post-war campaign yesterday, forcing Labour strategists to consider whether to...
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Whitbread curtails expansion as pubs and club sales falter
Leisure conglomerate Whitbread became the latest company to warn of waning consumer spending as it announced a scaling-back of expansion plans for its pub restaurants and...
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Labour risks tax increase, warns IMF
The International Monetary Fund yesterday warned the government to rein in spending growth or risk having to raise taxes to get the public finances back on a sustainable ...
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US told to halt spending spree
The International Monetary Fund told the United States to cut up its credit cards yesterday, in a stark warning that the world's largest economy needs to spend less to st...
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Benefit claims and unemployment rise
The jobless rate rose in the three months to February, while the number claiming unemployment benefits increased by its sharpest level last month.
In unwelcome news for ...
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Creditors reject Eurotunnel debt write-off
Creditors of Eurotunnel, the struggling Channel tunnel operator, today rejected a proposal by the company for a major debt write-off.
As it reported its annual results, ...
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Tories bid for the business vote
The Conservatives today claimed that the majority of business leaders backed their call for less red tape and lower taxes, as the party launched its manifesto for busines...
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How much worse can the council tax get?
If you think your council tax bills are going up too fast, wait to see what happens in two years. The Conservative-controlled London borough of Wandsworth is warning of p...
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