Business & Finance

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Paul Johnson warns huge tax rises likely with George Osborne’s Budget 2016

George Osborne’s Budget came under attack from financial experts last night, with one saying that if he were the Chancellor he would not be able [...]

DAILY MAIL COMMENT: Cheap stunts won’t put us in the black

Delivering his Budget speech on Wednesday, George Osborne could not resist spelling out the supposedly ‘negative implications’ of Brexit.That the Chancellor quoted Britain’s independent financial [...]

Tory MPs rally rebellion against George Osborne’s slashing of disability benefits

George Osborne was facing pressure from Tory MPs over disability cuts today George Osborne faced growing Tory dissent over his cuts to disability benefit today as [...]

Chief of Budget watchdog insists he has NOT reached a verdict on the risks of Brexit

Robert Chote, the chairman of the Office for Budget Responsibility, said he had not endorsed either side in the referendum. The head of George Osborne's independent [...]

George Osborne’s sugar tax could raise price of diet drinks and even bottled water 

George Osborne's sugar tax could push up the price of diet drinks and encourage us to eat more chocolate, experts said yesterday.The Chancellor shocked MPs [...]

Brexit MPs join with Labour to threaten Budget rebellion over Brussels’ 5% levy on tampons

David Cameron has secured support from all other EU leaders, including German Chancellor Angela Merkel (right) for new flexibility on VAT which would allow the [...]

2016 Budget tax breaks for Airbnb-ers, eBay and Etsy sellers in Budget

Millions of people who rent our their homes on holiday rental sites like Airbnb or sell items or services on websites such as eBay and [...]

George Osborne faces claims of a £560M black hole in education budget

Teachers will spend more time in the classroom as part of their training in a major overhaul of how they qualify under radical plans announced [...]

FTSE CLOSE: Footsie rallies as Fed and Bank of England peg interest rates

17.40: The FTSE 100 closed up 25.63 points at 6201.12 as investors responded to signals that the US Federal Reserve isn't in a hurry to [...]

Lifetime Isa is a clever idea, especially if you’re one of the real Budget winners

When is a pension Isa not a pension Isa? When it’s a Lifetime Isa, it seems.Having been rebuffed in his attempt to replace pensions - [...]

The Queen would love to ditch the eve-of-Budget fiscal meeting

A recent tradition the Queen would love to ditch as she approaches 90 is the eve-of-Budget meeting with the Chancellor of the Exchequer. It was created [...]

DAILY MAIL COMMENT: A fine Budget, marred by the dread D-word 

After six years in the job, Chancellor George Osborne has become a master of the art of Budgets, unrecognisable as the ingénue who blundered through [...]

George Osborne could learn the hard way that making budgetary rules can be dangerous

Forget the eye-catching fizzy drinks tax and more funding for school sports. The real narrative of George Osborne's fourth financial statement in a year is that [...]

George Osborne announces town halls, hospitals and Whitehall need to make ‘stealth’ cuts

Hospitals, town halls and Whitehall will have to make new 'stealth cuts' thanks to a multi-billion pound 'back door' spending raid announced by George Osborne.The [...]

George Osborne’s Budget 2016 figures rely on levels of immigration way above target

George Osborne's economic blueprint relies on levels of immigration way above the Government's target, documents reveal.David Cameron has pledged to slash net migration to 'tens [...]

George Osborne says he will return Britain to surplus by the end of the decade 

George Osborne yesterday promised to balance the books by the end of the decade – but was forced to outline painful spending cuts and tax [...]

George Osborne seems more interested in HIS future than Britain’s, MAX HASTINGS writes

George Osborne is the most substantial politician in this Government, the least irresponsible Chancellor of the Exchequer since Ken Clarke lost the job in 1997.But [...]

George Osborne gets behind High Speed 3 and Crossrail 2 in the Budget 2016

George Osborne got behind a string of high profile transport projects yesterday – but left it unclear when they will be completed.The Chancellor announced backing [...]

QUENTIN LETTS spots some short-term political point-scoring

As George Osborne sat down, having pinked his way through another Budget, three hands shot forth to congratulate him. David Cameron gave him a little [...]

George Osborne claims corporation tax cuts will lure more companies to Britain

The Chancellor has promised to close loopholes which allow multinational firms to avoid paying tax in the UK.George Osborne also set out further cuts to [...]

George Osborne slashes business rates but his sums look VERY optimistic 

George Osborne wooed Middle Britain with tax cuts and a big boost for savers yesterday but admitted the UK's finances had plunged deeper into the [...]

George Osborne drags ‘neutral’ watchdog into EU row

George Osborne faced a furious Tory backlash last night after suggesting that Britain's independent economic watchdog was in favour of remaining in the EU.The Chancellor [...]

George Osborne’s sugar tax hits firms with £500m bill

Shares in soft drinks firms fell sharply yesterday after George Osborne’s shock sugar tax announcement left them facing costs of £500million a year.Celebrity chef Jamie [...]

Middle class workers £400 better off after higher rate

Almost 600,000 middle earners will be lifted out of the 40p rate of income tax, the Chancellor announced yesterday.From April next year, workers will only [...]

Wheelchair-bound Tory disability campaigner sabotages party’s own website

A wheelchair-bound Tory disability campaigner has sabotaged his party's own website after accusing George Osborne of 'destroying lives' with today's Budget.So incensed was he by [...]

Jamie Oliver says it’s a ‘fluke’ he was at Westminster as Osborne announced sugary drinks tax

Crowning his interview with a celebratory jig, Jamie Oliver wasted no time addressing the media in the wake of today's sugar tax budget revelation.But such [...]

How does George Osborne hit his target to get us into the black?

George Osborne yesterday bragged that the British economy was 'set to grow faster than any other major advanced economy in the world' this year.The UK, [...]

Coca Cola, Pepsi and Dr Pepper shares plummet after UK announced tax on soft drinks

Shares in the soft drinks industry plummeted on Wednesday after the British chancellor announced a tax on sugar to combat childhood obesity.As of 2018, any [...]

George Osborne cuts North Sea oil taxes to help boost Scottish industry

The under pressure oil industry has received a much needed set of tax breaks from Chancellor George Osborne, having been hit hard over the past [...]

Theresa May steals the show at the 2016 budget as her dress divides Twitter

Budget Day is traditionally a time when all eyes are on the Chancellor of the Exchequer.But yesterday Theresa May managed to upstage George Osborne’s speech [...]

George Osborne announces SECOND hike to premium tax in five months

Households will face bigger insurance bills after the Chancellor announced a second hike to premium tax in five months.Families are already paying on average an [...]

Tories will MISS their target of cutting net migration, budget watchdog warns

The Tories will fail to cut net migration to their target of 'tens of thousands' - even under the most generous forecasts, according to the [...]

Buy-to-let landlords denied capital gains tax break in the Budget 2016

Buy-to-let landlords have been denied a tax break on their property profits as the Chancellor excluded them from a big capital gains tax cut.Drawing the [...]

George Osborne slashes capital gains tax to give them a helping hand

Investors will be penalised less heavily when selling shares after George Osborne announced a significant cut in capital gains tax in this year's budget.The higher [...]

Budget 2016: Government raises insurance tax for the second time in a year

Millions of households across the country will see their insurance bills rise as the Chancellor George Osborne confirmed in the budget a rise from 9.5 [...]

Chancellor George Osborne confirms extra 3% stamp duty in budget 2016

Buy-to-let landlords have been dealt a new blow in the Budget after the Chancellor abandoned plans to exempt 'significant investors' from the extra 3 per [...]