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      Healey must beware the ripple effects of Britain’s messy tax system

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Budget

  • July Budget 2015: Non-doms “will pay the same tax as everyone else”

    July 8, 2015

    George Osborne has announced that he will crack down on non-doms who evade or aggressively avoid taxation. Widely anticipated before the Budget, Osborne said he would name and shame tax avoidance schemes. We've stopped these blatant abuses that were allowed to flourish, and many others. But we said to the British people we would do [...]

  • July Budget 2015: Odds on George Osborne to talk Greece, BBC, Long Term Economic Plan… and maybe some Balls

    July 8, 2015

    Will George Osborne be talking Balls in the Budget? Ed Balls that it is. The chancellor name-checking the ousted MP and former shadow chancellor in his Budget address is a 10/1 bet. It's more likely Osborne will give a mention to #MinisterOfAwesome Yanis Varoufakis at 5/1, while Greece is the word topping the Budget buzzword [...]

  • July Budget 2015: Five ways your pension could change after today’s budget

    July 8, 2015

    Substantial changes to the UK's pension rules are expected to be introduced in today's Budget.   Read more: Pension changes April 2015: The five things you need to know   The government has generally been loath to take away retirement perks in previous years, but this is about to change as chancellor George Osborne moves forward [...]

  • July Budget 2015: Can you tell the difference between George Osborne and Gordon Brown?

    July 8, 2015

    It's Budget day again today- and if it all seems a bit repetitive to you, spare a thought for George Osborne, who will be enduring his twelfth. Although, admittedly, it'll be the first time he hasn't had another party to please.   But are they really all the same at heart? We've trawled through George [...]

  • July Budget 2015: FTSE rises ahead of George Osborne’s announcement

    July 8, 2015

    After a disappointing few days in the wake of the Greek crisis, this morning the FTSE 100 woke up in a more optimistic mood, rising 0.52 per cent in early trading in anticipation of encouraging announcements from George Osborne during today's summer Budget. Read more: July Budget – Here's what to expect Sterling was 0.23 [...]

  • July Budget 2015: For the second time this year, it’s Budget bingo!

    July 8, 2015

    Budget day is here again. While City analysts and economists are busy working out how George Osborne’s tinkering will impact the UK as a whole, bookies are yet again taking bets on the buzzwords to come out of the chancellor’s briefing.  Sporting Index is predicting the briefing will last 55 minutes, the House will be [...]

  • July Budget 2015: George Osborne set to push up tax thresholds but ease back on Conservative plans to slash welfare bill

    July 7, 2015

    George Osborne will today use the first Tory Budget in 19 years to deliver on his party’s pre-election pledge to slash taxes for millions of workers. Yet the chancellor will also row back on the Conservatives’ manifesto commitment to find £12bn of savings from welfare payments by 2017-18 – instead taking an extra year to [...]

  • Budget for a greater Britain: What the City needs from the chancellor

    July 7, 2015

    Amid the deluge of news about EU reform and the Greek debt crisis, you could be forgiven for forgetting there’s a Budget today. But that would be to overlook an opportunity for the City. This is George Osborne’s first Budget since the Conservatives were elected to govern alone and we’ll get a clear sense of [...]

  • July Budget 2015: Liberalised shopping on Sundays will deliver big benefits to the consumer

    July 7, 2015

    The liberalisation of Sunday trading hours, expected to be announced in the Budget today, is a timely response to the way in which Sundays have changed in the 21 years since shopping hours were last reformed in 1994. Sundays remain a day of leisure for most of us, and our leisure time is enriched by [...]

  • July Budget 2015: What time is it, how to watch it and what to expect

    July 7, 2015

    Chancellor George Osborne is busily preparing to deliver his "emergency Budget" tomorrow, with its name alluding to the fact it's so close to the General Election. But it's also attracting attention is because it's the first exclusively Conservative Budget in almost 20 years – in 1996 then-chancellor Kenneth Clarke delivered a package framed as the "Rolls-Royce recovery [...]

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