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.... Maybe we shouldn’t be surprised that the government is so cavalier. If ever there were two people who thought planning was boring and that most things could be achieved if carried through with elan and fortitude, it was George Osborne and David Cameron. ... [Read full article on Guardian ]
Saturday 22nd of July 2017 04:00:42 PM
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.... Coal, which is burned in three of the six units in the giant North Yorkshire plant, will be off the grid by 2025 on current government plans. As for biomass, which is in the other three units, the former chancellor George Osborne changed the outlook for the worse when he overhauled the subsidy regime in his 2015 budget. ... [Read full article on Guardian ]
Wednesday 19th of July 2017 06:43:44 PM
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Latest Finance News related to George Osborne

The UK’s Brexit negotiators are powered by little more than hope image
Source : Guardian [Read Article] Saturday 22nd of July 2017 04:00:42 PM
.... Maybe we shouldn’t be surprised that the government is so cavalier. If ever there were two people who thought planning was boring and that most things could be achieved if carried through with elan and fortitude, it was George Osborne and David Cameron. ...
We can only address pay imbalances if we can see them | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of July 2017 06:43:44 PM
.... Coal, which is burned in three of the six units in the giant North Yorkshire plant, will be off the grid by 2025 on current government plans. As for biomass, which is in the other three units, the former chancellor George Osborne changed the outlook for the worse when he overhauled the subsidy regime in his 2015 budget. ...
Now we find out the real cost of austerity – our lives cut short | Owen Jones image
.... And yet new research by an ex-government adviser, Sir Michael Marmot, suggests that the rise in life expectancy – a constant trend for a hundred years – has stalled since 2010. What happened that year, exactly? Was that not when David Cameron, George Osborne and their Lib Dem stooges began slashing public services with a false economic pretext?. ...
Election euphoria won’t last if Labour doesn’t foil Brexit folly image
Source : Guardian [Read Article] Sunday 16th of July 2017 05:59:13 AM
....Now, one of the many rival, or complementary, explanations for the recent election result was that it constituted a final revolt against austerity. The Labour party under Jeremy Corbyn and John McDonnell most certainly struck a chord with its emphasis on the economic and social damage George Osborne’s austerity policies have wrought – and which, despite some minor concessions, are still largely in force. ...
The Taylor review could make things worse for workers. What a surprise | Owen Jones image
.... But moral guidance will not win workers the rights they deserve: unscrupulous employers will only respect a strictly enforced law. It was George Osborne who pushed for the Tories to be rebranded as the workers’ party. ...
House price pick-up allays fears of property market crash image
Source : Daily Express [Read Article] Sunday 9th of July 2017 03:37:00 PM
....Simon Checkley, managing director at mortgage broker Private Finance, expects London prices to stay flat this year, with moderate growth elsewhere. He blames the slowdown on former chancellor George Osborne’s move to hike stamp duty on £1 million-plus properties, rather than economic fears: “This has dampened prices and incentives to move at the upper end of the market, resulting in a lack of supply at lower levels. ...
Theresa May defends public sector pay cap under pressure from Labour image
Source : Guardian [Read Article] Wednesday 5th of July 2017 07:23:29 PM
.... That does not help nurses or patients,” she said. Comparisons with Greece were repeatedly used by George Osborne in 2010 to justify public spending cuts, as riots erupted on the streets of Athens over the stringent bailout conditions imposed by the International Monetary Fund and the eurozone. ...
Worldpay shareholders should decline its meek merger deal | Nils Pratley image
....4%, which was merely remarkable at the time. So are these stupendous returns being recycled into a building frenzy, thereby proving the wisdom of George Osborne’s prophecy when he introduced Help to Buy in 2013 that, by stimulating demand for houses, he would encourage supply?. ...
George Osborne came within weeks of scrapping the penny image
Source : Guardian [Read Article] Friday 30th of June 2017 06:47:41 AM
. George Osborne came within weeks of announcing plans to take 1p and 2p pieces out of circulation but was stopped by David Cameron who feared the symbolism of the Conservative party scrapping the penny, the Guardian has been told. ...
Osborne gets job number six – an honorary professorship in Manchester image
Source : Guardian [Read Article] Thursday 29th of June 2017 11:40:34 AM
. George Osborne, the editor of the Evening Standard and former chancellor of the exchequer, has added a sixth job to his portfolio – that of honorary professor of economics at the University of Manchester. ...
With politics turned on its head, Labour sticks to Brexit ambiguity image
Source : Guardian [Read Article] Sunday 25th of June 2017 01:05:57 PM
.... What might be called Labour’s hardline remain faction says Britain could have the best of both worlds: it could have the political upheaval caused by Brexit, which has weakened the Conservatives, while at the same time maintaining the economic status quo. The UK would be back where it was before the referendum, only with Corbyn and John McDonnell running things instead of David Cameron and George Osborne. ...
Jailing Barclays bankers won’t save us from another financial crash | Joris Luyendijk image
.... Others found new work after their time in politics was over, with Tony Blair taking a reported £2m a year as a fixer for JP Morgan. George Osborne, Britain’s former chancellor, was the latest big name to join the industry, netting about £650,000 for four days a month at the US fund manager BlackRock. ...
London could lose out as ECB seeks control of euro clearing after Brexit image
....The argument about where euro clearing should take place raged even before the referendum. George Osborne, when he was chancellor, had taken the matter to the court to fight an attempt by the ECB to argue that clearing houses – such as the LCH – should be based in the eurozone when they handle trades in euros. ...
Pain without gain: the truth about austerity | Phillip Inman image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:54:09 PM
.... Together with April’s shocker, when government borrowing was higher than the same month last year, the first two months of this financial year are forecast to show the borrowing requirement for the year is on track to be higher, not lower than last year. When David Cameron and George Osborne were in Downing Street, bringing down the deficit was the main aim of domestic policy. ...
Philip Hammond hints government will ease up on austerity image
Source : Guardian [Read Article] Sunday 18th of June 2017 09:51:43 AM
....”. In interviews on the Andrew Marr Show and Peston on Sunday, Hammond stressed that he had already taken some steps to relax the austerity programme set by his predecessor, George Osborne. ...
Why the political uncertainty won't shake house price foundations   image
Source : Daily Express [Read Article] Sunday 18th of June 2017 09:46:00 AM
....Some may like to blame electoral and Brexit uncertainty, but they would be wrong. The prime suspect is Chancellor George Osborne, whose tax assault on foreign property buyers and domestic investors has hit demand in the capital. ...
Brexiters have voted for a poverty even worse than austerity image
Source : Guardian [Read Article] Sunday 18th of June 2017 06:00:04 AM
....The terrible thing about the prospect of Brexit is that our underlying economic situation is already bad enough, and the Brexit decision, if not reversed, is guaranteed to make things a lot worse. In economics there are time lags between announcements and their consequences, and under George Osborne the Treasury overdid its warnings about the timing of the referendum’s effects. ...
Attlee, Labour and the battle against austerity | Letters image
Source : Guardian [Read Article] Friday 16th of June 2017 06:13:02 PM
.... It has fed rapacious cost-cutting, with devastating consequences – which fill your pages this week. The architect of this austerity, George Osborne, now London Evening Standard editor, suggests the misery should continue. ...
City's Mansion House dinner cancelled after Grenfell Tower fire image
Source : Guardian [Read Article] Thursday 15th of June 2017 01:46:46 PM
....”. Last year, Hammond’s predecessor, George Osborne, had to alter the speech he had intended to deliver following the murder of the Labour MP Jo Cox. ...
Farming is a fresh field for Michael Gove's slash and burn politics image
Source : Guardian [Read Article] Sunday 11th of June 2017 08:08:48 PM
....At the justice department, he was working on plans for reforming prisons, including bringing in league tables, before he was booted out by Theresa May. Some of the cabinet ministers sacked in the unexpectedly brutal reshuffle when May arrived in Number 10 Downing Street last summer have spent the past year reaping their revenge – in George Osborne’s case, with evident glee. ...
Theresa May's election victory will prove pyrrhic indeed image
Source : Guardian [Read Article] Sunday 11th of June 2017 01:25:35 PM
.... Strong lobbying from the CBI, the City and international investors will discourage Britain from walking away from negotiations. As George Osborne pointed out on the Andrew Marr Show, a “no deal” outcome would not be acceptable to the DUP because it would mean a hard border between Northern Ireland and the Irish Republic. ...
Austerity has strangled the British economy. Only Labour gets this | Joseph Stiglitz image
....The idea that government debt is a particular burden has a kind of intuitive appeal. The former Conservative chancellor George Osborne would talk about “maxing out the credit card”, so governments would have to balance the books, and couldn’t borrow. ...
Skipton Building Society to launch cash Lisa – that’s a lifetime Isa  image
Source : Daily Express [Read Article] Tuesday 6th of June 2017 02:36:00 PM
....Lifetime Isas, or Lisas, can be opened by people aged between 18 and 39 to save for their first home, or their retirement, in the same pot, with a government bonus added. Lisas were unveiled during the Budget in March 2016 by the then chancellor, George Osborne. ...
Let’s hope a hung parliament can halt the Brexit disaster image
Source : Guardian [Read Article] Sunday 4th of June 2017 05:59:15 AM
....This was all lost after the financial crisis – a crisis that itself illustrated how the lessons of the 1920s had been forgotten, most of which are readily available in JK Galbraith’s book The Great Crash 1929. George Osborne’s misconceived austerity programme hardly constituted the kind of policy for growth that would encourage business to invest in the pursuit of gains to productivity. ...
Car insurance costs to rocket as tax hike comes into force tomorrow image
Source : Daily Express [Read Article] Wednesday 31st of May 2017 08:46:00 AM
....That means that anybody renewing their motor insurance policy from tomorrow will pay IPT at the new higher rate of 12 per cent, up from 10 per cent. Hammond and predecessor George Osborne have both used IPT as a stealth tax, knowing millions of motorists cannot steer around it. ...
Crossrail 2 hits buffers as uncertainties over Brexit and election take hold image
.... A political consensus was forming that a second mass-transit line across London should be built from north to south, its urgency underpinned by the verdict of the National Infrastructure Commission (NIC) that this was the most important single project for Britain and work needed to start now. The then chancellor George Osborne duly doled out £80m to get the ball rolling, expecting a hybrid bill in the same parliament. ...
Labour’s hope doesn’t usually play well in an age of anxiety image
Source : Guardian [Read Article] Saturday 27th of May 2017 04:00:32 PM
....Three years ago, oil prices were still high and the jobs boom of 2015 and 2016 had yet to arrive. The then chancellor, George Osborne, had already relaxed his tough post-crash austerity measures, but a slowdown in the pace of cuts had yet to take effect. ...
From tax to Brexit, the Tories will do anything to stay in power image
Source : Guardian [Read Article] Sunday 21st of May 2017 06:00:47 AM
.... Norman Lamont fell out with John Major. George Osborne fell out with May many times when she was home secretary but did not get the chance to confront her over policy when she became prime minister because she sacked him on day one. ...
Lloyds claims taxpayers have made £900m profit from bailout image
Source : Guardian [Read Article] Wednesday 17th of May 2017 07:37:15 AM
.... The bank is also in the throes of taking over credit card firm MBNA which will take its share of the market to 26% and add to its financial dominance: Lloyds has a 25% share of current accounts, 22% of retail deposits and 21% of mortgages. Despite Hammond’s celebratory remarks, the sell-off has not taken place as envisaged by his predecessor George Osborne who had aimed to hold a discounted share sale to the public – which had to be abandoned when Lloyds shares slumped. ...
Labour's water renationalisation plan is a damp squib | Nils Pratley image
Source : Guardian [Read Article] Tuesday 16th of May 2017 07:34:13 PM
.... The government can also claim a profit of a sort – maybe about £500m – even though that’s an odd way to look at things since there would have been many better ways to invest £20bn. But at least the exit has been achieved without George Osborne’s silly idea of offering shares to the public at a discount. ...
Share sale returns Lloyds to private sector image
Source : BBC [Read Article] Tuesday 16th of May 2017 04:54:38 PM
....But taking the dividend payments into account means the total £20bn outlay has already been repaid. Former chancellor George Osborne had hoped to offer the shares at a discount direct to the public, with a campaign similar to the classic Tell Sid campaign for British Gas in the 1980s. ...
JP Morgan appears to make good on Brexit threat with new Dublin office image
.... JP Morgan has previously said it needs to be ready for a situation where there is not a deal over passporting – the means by which firms operate seamlessly across the EU – for the UK after Brexit. JP Morgan is being scrutinised because, in the run-up to the EU referendum last June, the bank’s chief executive Jamie Dimon stood alongside the then chancellor, George Osborne, to warn that up to 4,000 roles could be lost. ...
Philip Hammond calls China a 'natural partner' as he seeks post-Brexit trade deals image
....Relations between London and Beijing soured after Theresa May became prime minister in July and ordered a review of the controversial China-backed Hinkley Point C plant. That decision cast doubt on what had previously been cast as a “golden age” of ties under her predecessor David Cameron and former chancellor George Osborne. ...
Theresa May will cause more poverty than Thatcher, Gordon Brown warns image
....Household budgets of less well-off families have received a double blow this year. Wages have failed to keep pace with prices, while cuts to tax credits have come into force after being announced by George Osborne in 2015 as part of a renewed attempt to reduce the size of Britain’s budget deficit. ...
National minimum wage increases could cost jobs, IFS warns image
Source : BBC [Read Article] Wednesday 10th of May 2017 11:30:22 PM
.... Those between the age of 18 and 24 qualify for the NMW, while those over 25 qualify for the higher NLW. When he was chancellor, George Osborne said the level should reach £9 an hour by 2020. ...
Smirnoff owner Diageo to pay HMRC £107m in 'Google tax' crackdown image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:54:14 PM
.... The firm will not make a provision to cover the payment. The multinational tax legislation was introduced by the former chancellor, George Osborne, and came into law in April 2015. ...
Dramatic minimum wage rises will put low-paid jobs at risk, says IFS image
Source : Guardian [Read Article] Wednesday 10th of May 2017 05:47:26 PM
....The IFS report argued modest increases in the minimum wage recommended by the low pay commission each year from its inception in 1999 until 2015 succeeded in raising wage levels at the low end of the pay scale without hurting job creation. Former chancellor George Osborne created NLW, which applied to people aged 25 and over and paid £7. ...
Labour looks at  new tax bracket for those earning £80k-£150k image
Source : Guardian [Read Article] Sunday 7th of May 2017 10:20:48 AM
....”. When Labour was in government it introduced a 50p rate of tax on those earning £150,000 after the financial crisis in 2010, but the rate was cut to 45p by George Osborne in 2013. ...
HSBC chairman Douglas Flint recalls the good, the bad and the scandalous image
....It was a jaw-dropping, reputation-shredding time for the bank, especially the revelations that its Mexican branches had taken vast cash deposits from local drug barons, even making the tellers’ windows bigger so they were wide enough to accept their boxes of money. Without that DPA – which former chancellor George Osborne helped to secure – HSBC, which is valued at £132bn on the stock market, could have lost its licence to operate in the US, with repercussions that could have threatened the bank’s future. ...
The Guardian view on the Bank of England: independence and accountability | Editorial image
....With its pre-crisis failures conveniently forgotten, the Bank’s sway increased. George Osborne gave it back power to police the City and established a new financial policy committee with wide-reaching powers, including the right to decide how much a citizen could borrow for a mortgage. ...
Alarm sounded over delays to develop UK mini nuclear reactors image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 10:58:50 AM
....The government’s failure to deliver on a multimillion-pound competition to develop mini atomic power stations has hurt the nuclear sector and risks international companies walking away from the UK, a Lords committee has warned. In 2015 the then chancellor George Osborne promised £250m over five years for a nuclear research and development programme, an undisclosed sum of which was for a competition to pave the way for small modular reactors. ...
George Osborne's first day as Evening Standard editor image
Source : BBC [Read Article] Tuesday 2nd of May 2017 01:27:43 AM
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Barack Obama to be paid $400,000 for speech at Cantor Fitzgerald event image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:28:37 AM
....UK politicians also command hefty fees for speeches. The former chancellor George Osborne – who is not standing for re-election in June – disclosed that he had received more than £500,000 from speeches in the US, including two events for JP Morgan at £81,174 and £60,578 each, last year. ...
Andrew Tyrie to stand down as Conservative MP after 20 years image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:33:38 PM
....Westminster is to lose one its most feared interrogators after Andrew Tyrie – the bane of prime ministers, chancellors, bankers and economists – made the surprise announcement that he is standing down as an MP. After crossing swords with David Cameron, George Osborne, Mark Carney, Lord Chilcott and countless City bankers, Tyrie said he was quitting as Conservative MP for Chichester after two decades representing the seat. ...
Tax raid postponed as ministers rush through finance bill image
Source : Guardian [Read Article] Tuesday 25th of April 2017 04:42:20 PM
.... Ministers had said the cut to £4,000 “will limit the extent to which pension savings can be recycled to take advantage of tax relief, which is not within the spirit of the pension tax system”. Also being ditched for the time being is the “Making Tax Digital” initiative originally unveiled by then chancellor George Osborne in November 2015, which was designed to make the tax system more like online banking. ...
Government deficit at lowest since financial crisis, says ONS image
Source : BBC [Read Article] Tuesday 25th of April 2017 09:21:26 AM
....The OBR also predicted that government borrowing would rise again this year as tax receipts fall. The chancellor has said he wants to cut the deficit more slowly than his predecessor George Osborne. ...
Pensioners’ election REBELLION: Demands for May to look at pension issue for UK's 5MILLION image
....Meanwhile, in three decades members of the British public will not be able to claim state aid before the age of 68. Pensions campaigner June Slater has become an internet sensation after she took on former Conservative Prime Minister David Cameron and ex-Chancellor George Osborne over their contributions grab. ...
A hasty election before Britain sees the hard truth of Brexit image
Source : Guardian [Read Article] Sunday 23rd of April 2017 05:59:05 AM
.... Many factors have been cited to explain May’s decision, not least the opinion polls, the persistent criticism of Brown for not having “sought his own mandate” in 2007, and strong pressure from her colleagues. Also, one suspects, a desire to cock a snook at George Osborne, the godfather of the fixed-term parliament. ...
Lloyds: Taxpayers get all their money back after rescue image
Source : BBC [Read Article] Friday 21st of April 2017 05:01:52 PM
....". There were plans to sell off a large tranche of shares to the public rather than institutional investors, but this was scrapped last year, with then chancellor George Osborne blaming turmoil in global financial markets. ...
Lloyds bank bailout repaid in full, says Philip Hammond image
Source : Guardian [Read Article] Friday 21st of April 2017 05:00:20 PM
....Even so, it has taken much longer than expected during the financial crisis and has only been possible because Hammond was able to sanction the recent sales at a loss because of profits made from earlier transactions when the share price was higher. The repayment has not been achieved in the way Hammond’s predecessor, George Osborne, envisaged. ...
Virgin Money chief: 'I have battled with mental health all my life' image
Source : Guardian [Read Article] Thursday 20th of April 2017 04:15:42 PM
....Her personal profile rose after the Northern Rock deal. More accustomed to being an outsider trying to break into the City establishment – at one point in the interview she describes herself as “this rather strange woman” – Gadhia sat next to George Osborne when he was delivering his high-profile Mansion House speech two years ago, was one of David Cameron’s business advisers, and still leads a Treasury-backed initiative to boost diversity in financial services. ...
With a whiff of sulphur, George Osborne was gone – but for how long? | Polly Toynbee image
....But there are some bad hats and chancers in politics. George Osborne, who leaves the grand stage of the Commons at the age of 45 saying, “I want new challenges”, was a gamer, departing now to throw his dice in journalism and the City. ...
RBS stake may be sold at a loss, chancellor admits image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:01:26 PM
.... . George Osborne understood this and sold down a stake at a loss in the last parliament and would have continued had it not been for the eurozone crisis sending shares crashing to REALLY unpalatable levels and the emergence of new political priorities like the EU referendum. ...
Philip Hammond admits taxpayers' RBS stake is likely to be sold at a loss image
....Shares in the bank – which has reported nine consecutive annual losses since its rescue by the taxpayer – are trading at about 224p. This is the first time Hammond has acknowledged that the shares are likely to be sold at a loss to the taxpayer, although Hammond’s predecessor George Osborne sold off a 5% stake in 2015 at 330p a share – a £1bn loss. ...
Rachel Whetstone: from Tory power broker to Silicon Valley PR guru image
Source : Guardian [Read Article] Thursday 13th of April 2017 03:02:53 PM
....The family’s success allowed them to send Whetstone to Benenden, an exclusive boarding school for girls with royal alumni including Princess Anne. After reading history at Bristol University, Whetstone joined Conservative central office, where she worked alongside David Cameron and George Osborne. ...
Multi-skilled image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:33:04 PM
....Professional networking website LinkedIn has seen a growing trend in the registering of "multiple", "dual" and "portfolio" career descriptions. Just look at George Osborne: MP for Tatton, adviser at BlackRock Investment Institute, and soon-to-be editor of the London Evening Standard. ...
Employment is high, skills are in demand. So why is pay still not rising? | Larry Elliott image
....For consumers, this will be a rerun of the first half of the last parliament, although the impact is unlikely to be as severe, since back then a combination of rocketing oil prices and higher VAT took the annual inflation rate to 5% at a time when wage growth was struggling to get above 1%. In the circumstances, it is not hard to see why George Osborne was booed by the crowd when he turned up at the 2012 London Paralympics, because there tends to be a correlation between what’s happening to living standards and the popularity of the government. ...
Uber's head of communications quits scandal-hit cab app image
Source : Guardian [Read Article] Wednesday 12th of April 2017 08:49:11 AM
....”. British Whetstone, who in 2003 was appointed Michael Howard’s chief of staff when he became Conservative leader , and is a friend of both David Cameron and George Osborne, also found herself at the centre of a more localised storm following allegations that she used her contacts to secure an advantageous deal for Uber in London. ...
Universal Credit benefits changes 2017 – What the new rules mean for YOU image
Source : Daily Express [Read Article] Tuesday 11th of April 2017 09:09:00 AM
....”. In April 2016, then-Chancellor George Osborne reduced the work allowance. ...
Zero house price inflation is to be welcomed not feared | Larry Elliott image
.... Meanwhile, a good chunk of the homes that are being built appear to be going to overseas buyers who have found their money goes further as a result of the depreciation in sterling. In short, the economy has reverted to the state it was in before George Osborne gave the housing market a boost halfway through the last parliament. ...
Child Tax Credit changes come into force TODAY – what it means for YOU image
Source : Daily Express [Read Article] Thursday 6th of April 2017 10:54:00 AM
.... . In the 2015 Budget Speech, former Chancellor George Osborne said: “In the current tax credit system, each extra child brings an additional payment of £2,780 a year. ...
Banks and building societies snub Lifetime Isa launch image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:57:02 PM
....One of them - Hargreaves Lansdown - said 1,000 accounts had been opened by mid-day on Thursday. The savings product was the brainchild of former Chancellor George Osborne, and offers savers a 25% annual bonus. ...
Ensure your pension numbers still add up image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 08:18:00 AM
.... . He warned that former Chancellor George Osborne’s popular pension freedom reforms, which allow the over-55s to cash in their pots, could backfire in future. ...
Welfare shakeup 'will push a quarter of a million children into poverty' image
....The crunch for families celebrating a new birth or grieving the loss of a parent is a result of changes coming into effect on 6 April. They were announced when George Osborne was chancellor and are being enacted by Theresa May’s government. ...
Osborne’s huge tax giveaway starts for rich – as the poor are hit image
Source : Guardian [Read Article] Saturday 1st of April 2017 11:05:38 PM
....The independent thinktank’s research shows that the effect of £2bn of income tax cuts and more than £1bn of welfare cuts will add up to a huge transfer of wealth from low- and middle-income households to richer ones. The reforms, set in train by former chancellor George Osborne, run directly contrary to the political mantra of Theresa May, who has said she wants to govern in the interests of everyone and “not just the privileged few”. ...
Mortgage tax relief cut doesn’t add up for buy-to-let landlords image
Source : Guardian [Read Article] Saturday 1st of April 2017 06:00:17 AM
.... They and the older couple won’t be the only people affected by the changes – industry surveys suggest a fair number of landlords have already started offloading properties, or are thinking of doing so. So what exactly has the government done? This shake-up was announced by the then chancellor George Osborne in the summer 2015 budget and is designed, says the government, “to make the tax system fairer”. ...
Google reveals latest UK tax bill image
Source : BBC [Read Article] Friday 31st of March 2017 02:19:00 PM
....The sum covered money owed since 2005 and followed a six-year inquiry by Her Majesty's Revenue and Customs (HMRC). George Osborne, who was chancellor at the time, described the deal as a "victory", but Labour's John McDonnell said the sums were "trivial". ...
The UK must not let this Brexit crisis go to waste. Nor must the EU image
Source : Guardian [Read Article] Friday 31st of March 2017 01:53:07 PM
....Project Fear 2017 has been playing its own versions of Beatles hits: I (Don’t) Feel Fine, We (Can’t) Work it Out and, of course, that all-time classic, While My Economy Gently Weeps. It has been quite a trip down memory lane to the days when the band’s lead vocalist, George Osborne, was predicting immediate recession in the event of a Brexit vote. ...
We’re in a fine mess if George Osborne is our last hope of halting Brexit image
.... And when the Brexiters threaten Nicola Sturgeon with dire warnings about Scotland losing its largest market, namely England, they seem unaware of the irony that the newly fashionable strategy of “no agreement is better than a bad agreement” involves England itself leaving its largest market. The furore over national insurance dominated coverage of the budget but, for me, the really interesting aspect, apart from Chancellor Philip Hammond’s choice to continue with George Osborne’s socially destructive austerity programme, was that the Office for Budget Responsibility (OBR) report on the economic and fiscal outlook contained a sober assessment of the consequences of Brexit for our economy – and it was hardly calculated to lift the spirits. ...
Taking the easy option with car insurance renewal can be costly image
Source : Daily Express [Read Article] Sunday 26th of March 2017 12:01:00 AM
....” . Switching is even important as car insurance premiums accelerate, driven up by costly hikes in insurance premium tax brought in by Chancellor Philip Hammond and his predecessor George Osborne, with the next coming in June. ...

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