Search Results for: Osborne
A Brexit may shrink UK economy equivalent to £4,300 per household
April 18th, 2016
Leaving the European Union would take a severe financial toll on British families, Treasury officials warned on 18 April. In a 200-page official analysis, the Treasury forecasts that a vote for Brexit in June would see Britain’s economy shrink ...
Five EU Countries Agree To Share Beneficial Ownership Data
April 18th, 2016
France, Germany, Italy, Spain, and the UK have agreed to exchange data held on beneficial ownership registers and registers of trusts. This pilot project, initiated by the UK, will explore the best way for countries to share this information, ...
IMF Warns Of ‘Severe Economic Damage’ Of Brexit
April 12th, 2016
Brexit could cause severe damage to the global economy, the International Monetary Fund has warned. The IMF used its closely-watched World Economic Outlook report to slash its forecast for UK economic growth and warned if Britain were to leave ...
UK economic growth revised higher in fourth quarter of 2015
March 31st, 2016
The UK economy expanded in line with expectations in the fourth quarter, figures released by the Office for National Statistics (ONS) on Thursday (31 March) showed. According to the ONS, in the three months to the end of December, ...
Drinks makers consider legal action against sugar tax
March 21st, 2016
New tax will add 24p a litre to soft drinks with the highest sugar content and cost £1bn to implement Soft drink makers are considering taking legal action against the government over its controversial sugar tax as George Osborne’s ...
Sugar tax surprise in Budget – but growth forecasts cut
March 17th, 2016
George Osborne has unveiled a tax on sugary drinks in a wide ranging Budget dominated by gloomier growth forecasts. The chancellor blamed the slowdown on a “dangerous cocktail” of global risks and said the UK had to “act now ...
Asian Stocks Fall as Dollar Strengthens Before Fed; Oil Rebounds
March 16th, 2016
Yen weakens as Kuroda says negative rate can be cut further Crude climbs toward $37 a barrel before U.S. investories data Asian stocks fell and the dollar strengthened against most major currencies before a Federal Reserve policy review on ...
Slater and Gordon plans UK closures after £493m losses
March 1st, 2016
Australia-listed firm Slater and Gordon is planning a major programme of office closures as part of a reorganisation of the UK business after posting a huge loss. In a series of announcements to the Australian stock exchange today, the ...
UK EU exit would be global economy ‘shock’ – G20 leaders
February 29th, 2016
Finance ministers from the world’s leading economies have warned of a “shock” to the global economy if the UK leaves the EU. The ministers gave their opinion in a statement released at the end of a two-day meeting of ...
G-20 Wants Governments Doing More, and Central Banks Less
February 29th, 2016
Fiscal pledges lack specifics, risking market disappointment Concern voiced over currency wars after BOJ rate surprise Finance chiefs from the world’s top economies committed their governments to doing more to boost global growth amid mounting concerns over the potency ...
