News

Insight head of currency Dale Thomas expects sterling to remain weak for some time due to the current mix of tight fiscal and loose monetary policy.

Harriet Harman, deputy leader of the Labour Party, has blasted the coalition Government's emergency Budget as "reckless" and says it will "pull the rug from the UK economy."

The income tax threshold will increase by by £1,000 in April, the Chancellor said today in his emergency Budget.

The FTSE is showing little reaction to Chancellor George Osborne's Emergency Budget, remaining 1.5% down from the morning.

Capital gains tax (CGT) will rise to 28% for higher earners from midnight tonight, but the rate for basic rate income tax payers will stay the same.

Chancellor George Osborne has raised VAT from 17.5% to 20% in his emergency Budget today.

Chancellor George Osborne has clamped down on the UK banking sector with a new tax on profits.

George Osborne has given British business a boost by introducing four annual reductions in the rate of corporation tax.

Schroders has acquired a 49% stake in RWC Partners, the future destination of the group's former income fund managers Nick Purves and Ian Lance.

There will be a two-year pay freeze for public sector workers, Chancellor George Osborne said today.