Manufacturing body in call for carbon tax relief October 16, 2011 THE manufacturers’ organisation EEF has added its name to the growing list of bodies calling on the chancellor to introduce a package of tax reliefs for companies who are about to be hammered by the government’s £3.2bn stealth tax on carbon. In a set of demands ahead of George Osborne’s autumn statement next month, the [...]
Manufacturing body in call for carbon tax relief October 16, 2011 THE manufacturers’ organisation EEF has added its name to the growing list of bodies calling on the chancellor to introduce a package of tax reliefs for companies who are about to be hammered by the government’s £3.2bn stealth tax on carbon. In a set of demands ahead of George Osborne’s autumn statement next month, the [...]
PM: tackling public debt has proved harder than thought November 21, 2011 DAVID Cameron yesterday vowed to stick unflinchingly to the government’s deficit reduction plan as he promised new measures to boost the housing market and bring forward infrastructure projects, despite gloomy growth figures expected from the Office for Budget Responsibility next week. He admitted tackling the public debt had proved “harder than anyone envisaged”, in an early [...]
Lenders pursuing Battersea owner November 30, 2011 LENDERS to Battersea Power Station could force parts of its owner into administration, after running out of patience over loan repayments. Creditors including Lloyds Banking Group and Ireland’s National Asset Management Agency have applied to send some arms of the Battersea Power Station Shareholder Vehicle (BPSSV) into administration after the group said it could not [...]
Schools win extra £1.2bn in new funds November 29, 2011 MICHAEL Gove, the education secretary, was the biggest winner from yesterday’s Autumn Statement, after he received an extra £1.2bn for his schools budget. The chancellor announced £600m to fund an extra 100 “free schools”, which are run independently by private groups or parents and do not have to answer to the local authority. Part of the [...]
Weak Europe knocks firms in the capital December 4, 2011 OPTIMISM about the state of the economy has plummeted among London’s businesses, the Confederation of British Industry’s (CBI) bi-yearly business prospects survey showed today. Most firms – 55 per cent – cited the threat of a double-dip recession over the next year as their major concern. Only 13 per cent of firms in the capital [...]
Weak Europe knocks firms in the capital December 4, 2011 OPTIMISM about the state of the economy has plummeted among London’s businesses, the Confederation of British Industry’s (CBI) bi-yearly business prospects survey showed today. Most firms – 55 per cent – cited the threat of a double-dip recession over the next year as their major concern. Only 13 per cent of firms in the capital [...]
Going green isn’t easy when we’re so far in the red January 4, 2012 GOING green is important. But costs matter too, and never more so than at present. Household incomes are going through a decade of stagnation and businesses and jobs face a big hit this year if the euro crisis is not resolved. The potential consequences, positive and negative, of British energy policy are huge, but right [...]
Lagarde hit by furious Greek tax backlash May 27, 2012 IMF chief Christine Lagarde was hammered by a furious backlash from Greek politicians and members of the public over the weekend after she suggested that Greeks should pay their taxes. Greek MPs raced to condemn one of the country’s major international paymasters ahead of a second set of elections scheduled for 17 June. According to [...]
Lagarde hit by furious Greek tax backlash May 27, 2012 IMF chief Christine Lagarde was hammered by a furious backlash from Greek politicians and members of the public over the weekend after she suggested that Greeks should pay their taxes. Greek MPs raced to condemn one of the country’s major international paymasters ahead of a second set of elections scheduled for 17 June. According to [...]