Budget 2030: What will chancellors of the future have to grapple with? March 3, 2015 Red box at the ready: it’s two weeks until George Osborne delivers his final Budget of this Parliament. As it is happening only days after Nesta’s future-gazing London festival FutureFest (taking place on 14 and 15 March), we’ve been speculating as to what the Budget in 2030 might look like. Let’s take a look into [...]
Liberal Democrats call for extra £1bn bank levy to pay off deficit March 1, 2015 Plans to tax Britain’s banks should be lifted with an additional £1bn levy in order to help pay off the deficit, will be announced by the Liberal Democrats today. Danny Alexander, chief secretary to the Treasury, is making a bid to have the proposal included in the chancellor’s Budget later this month. If it is [...]
North Sea tax break for oil firms expected in next Budget February 25, 2015 The Chancellor is likely to announce new tax breaks for North Sea oil firms in his upcoming Budget. George Osborne met industry body Oil & Gas UK yesterday to discuss the future of the offshore oil and gas sector. The group’s chief executive Malcolm Webb said he came away from the meeting feeling “encouraged”. [...]