News

Chancellor George Osborne has confirmed £20bn will be made available to small and medium sized businesses through a government-backed scheme.

Corporation tax is to be reduced from 26% to 24% from 1 April in an attempt to attract business investment.

Chancellor George Osborne has confirmed the government will consult on launching perpetual gilts and gilts with a life longer than 50 years, despite a wave of criticism from potential investors.

Chancellor George Osborne said UK inflation will come down significantly by the end of the year.

Shrewd punters who had a flutter on George Osborne sporting a blue tie in today's Budget would not have been disappointed, after the favourite came in at 3/1.

Two members of the Bank of England's Monetary Policy Committee called for further stimulus to offset the UK's lacklustre growth, the minutes of the latest meeting have revealed.

Skandia Investment Group (SIG) has replaced Goldman Sachs as manager of its offshore $158m European Equity fund, installing General Electric Asset Management to run the fund.

Shares in video games retailer GAME Group have been suspended as the board said "there is no equity value left" in the firm and it intends to appoint administrators.

UK government borrowing data has struck an unwelcome tone ahead of this afternoon's Budget, after February figures were far worse than expected.

The Financial Services Authority (FSA) has won a £32m judgment against the individuals behind three land banking operations, although it has warned investors are unlikely to recover most of the money.