Non-domiciled residents' contributions to the UK Exchequer have been defended after Labour leader Ed Miliband confirmed his party would abolish the 'non-dom' tax status if it came to power following next month's general election.
Labour will close the 'non-dom' tax loophole should it come to power in May, party leader Ed Miliband is set to announce later today.
More than 100 UK business leaders have backed Conservative economic policies, saying they show the "UK is open for business" and have helped create jobs.
Steve Webb believes his most notable achievement in five years as pensions minister has been the state pension reforms but fears his infamous Lamborghini comment could be his legacy.
Rising labour costs in China means manufacturers have been turning to robotics to save costs. Now, a robotics revolution is underway, driven by smart materials and more sophisticated design. Pieter Busscher from RobecoSAM explains the dynamics.
Labour will reverse an impending cut in corporation tax if elected next year, but is committed to maintaining the lowest level of all G7 countries, shadow chancellor Ed Balls is expected to say on Monday.
Labour has vowed to push through a pension charge cap and make using an annuity broker mandatory should it win the next general election.
Ed Balls has dismissed claims Labour's plan to reintroduce the 50p top rate of tax is part of an "anti-business agenda" and said the move would be temporary.
Labour leader Ed Miliband will today outline plans to break up the largest UK banks, ending the dominance of the 'big four'.
Labour will refer high street banks to the competition authorities if it is elected in 2015, Ed Miliband, the Labour leader, is expected to say in a speech on Friday.