Economics

The amount of profit in UK banks that can be offset by losses carried forward will be limited to 50%, and relief on bad debts will be delayed, the Chancellor has announced.

The government is to crack down on investment managers "disguising guaranteed fee income as capital gains", as part of anti tax avoidance measures outlined in the Autumn Statement.

George Osborne has announced a 25% levy on profits made in the UK by multi-national companies but diverted elsewhere.

Chancellor George Osborne announced today that ISAs will retain their tax-free status when transferred after death.

The Office for Budget Responsibility has revised up government borrowing forecasts for 2014 and 2015 - but figures for the following years are lower than previously estimated, according to Chancellor George Osborne.

The UK is to pay back its War Loan in full as part of a package of refinancing announcements.

The Bank of England (BoE) and HM Treasury have announced a one-year extension to the Funding for Lending Scheme (FLS), with small to medium-sized businesses to continue to be the primary beneficiaries.

The actions of an increasingly desperate Russia could force the US to keep interest rates on hold and define the investment agenda next year, according to Jason Pidcock, manager of the £5bn Newton Asia Income fund.

Lower tax receipts and other factors are likely to prompt a sharp upwards revision in borrowing forecasts at this week's Autumn Statement, analysts have warned.

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