Topic filter : George Osborne

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. George Osborne is coming under growing pressure to step down as Conservative MP for Tatton in Cheshire, after his surprise appointment as the editor of the London Evening Standard. ... [Read full article on Guardian ]
Friday 17th of March 2017 12:51:44 PM
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....She also described the fact that the Department for Work and Pensions (DWP ) had introduced the scheme apparently without having trained any of the people who will judge whether someone claiming the exemption had been raped as “frankly astonishing”. The regulations, announced in the 2015 budget by the chancellor at the time, George Osborne, were put into law through a statutory instrument, a form of legislation that allows laws to be amended without parliament’s approval. ... [Read full article on Guardian ]
Thursday 16th of March 2017 12:10:57 PM
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. What a privilege to be able to welcome George Osborne to the ranks of journalistic colleaguery. ... [Read full article on Guardian ]
Friday 17th of March 2017 03:43:09 PM
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....The deal marks a return to the Square Mile for an American banker whose high-flying career came to a halt in 2012 when he was forced to quit Barclays in the wake of the Libor rigging scandal. The then chancellor, George Osborne, described Diamond’s resignation as “the right decision for Barclays – and for the country”. ... [Read full article on Guardian ]
Friday 17th of March 2017 08:15:51 AM
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Friday 17th of March 2017 05:36:57 PM
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....A radical overhaul of car tax rates comes into force on 1 April, and means anyone about to buy a new car – and particularly an expensive low-emissions vehicle – should consider bringing forward their purchase if possible. The complicated changes to vehicle excise duty, set in motion by former chancellor George Osborne, will have the biggest impact on those buying the smallest/greenest cars or those with a list price of £40,000-plus. ... [Read full article on Guardian ]
Saturday 18th of March 2017 07:00:32 AM
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. George Osborne has been criticised by the official body that advises ministers on taking work outside parliament, amid growing public anger over the former chancellor’s portfolio of lucrative jobs. ... [Read full article on Guardian ]
Sunday 19th of March 2017 11:32:55 AM
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. The leader of the Scottish Conservatives has questioned George Osborne’s vow to remain as an MP after he becomes editor of the London Evening Standard, as the chair of the parliamentary standards watchdog pledged to review rules on MPs’ second jobs. ... [Read full article on Guardian ]
Sunday 19th of March 2017 11:43:24 AM
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. George Osborne’s appointment at the London Evening Standard while remaining a Conservative MP could be a potential conflict of interest with government advertising budgets, Labour has said. ... [Read full article on Guardian ]
Sunday 19th of March 2017 08:00:16 PM
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Latest Finance News related to George Osborne

Labour demands answers over George Osborne's Evening Standard job image
Source : Guardian [Read Article] Sunday 19th of March 2017 08:00:16 PM
. George Osborne’s appointment at the London Evening Standard while remaining a Conservative MP could be a potential conflict of interest with government advertising budgets, Labour has said. ...
Ruth Davidson doubts George Osborne's ability to remain an MP image
Source : Guardian [Read Article] Sunday 19th of March 2017 11:43:24 AM
. The leader of the Scottish Conservatives has questioned George Osborne’s vow to remain as an MP after he becomes editor of the London Evening Standard, as the chair of the parliamentary standards watchdog pledged to review rules on MPs’ second jobs. ...
George Osborne told to choose whether to be MP or Standard editor image
Source : Guardian [Read Article] Sunday 19th of March 2017 11:32:55 AM
. George Osborne has been criticised by the official body that advises ministers on taking work outside parliament, amid growing public anger over the former chancellor’s portfolio of lucrative jobs. ...
The Observer view on George Osborne as editor of the Evening Standard image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:05:01 AM
. Being “editor” of the Daily This, Evening That or Weekly Whatever is a most fuzzily flexible concept: one quite unlike George Osborne’s old deficit reduction targets. ...
Buy your new car now to save thousands of pounds ahead of excise hike image
Source : Guardian [Read Article] Saturday 18th of March 2017 07:00:32 AM
....A radical overhaul of car tax rates comes into force on 1 April, and means anyone about to buy a new car – and particularly an expensive low-emissions vehicle – should consider bringing forward their purchase if possible. The complicated changes to vehicle excise duty, set in motion by former chancellor George Osborne, will have the biggest impact on those buying the smallest/greenest cars or those with a list price of £40,000-plus. ...
George Osborne is laughing at us as he takes his Evening Standard job | Aditya Chakrabortty image
.... At least in banana republics they grow their own bananas. Joke all you like about George Osborne being made editor of the Evening Standard. ...
Martin Rowson on George Osborne's new role at London Evening Standard – cartoon image
...
Related to :
Osborne, an ‘editor of substance’. What substance, crystal meth? | Marina Hyde image
. What a privilege to be able to welcome George Osborne to the ranks of journalistic colleaguery. ...
George Osborne facing calls to quit as MP over Evening Standard job image
Source : Guardian [Read Article] Friday 17th of March 2017 12:51:44 PM
. George Osborne is coming under growing pressure to step down as Conservative MP for Tatton in Cheshire, after his surprise appointment as the editor of the London Evening Standard. ...
Former Barclays chief Bob Diamond to buy Panmure Gordon image
Source : Guardian [Read Article] Friday 17th of March 2017 08:15:51 AM
....The deal marks a return to the Square Mile for an American banker whose high-flying career came to a halt in 2012 when he was forced to quit Barclays in the wake of the Libor rigging scandal. The then chancellor, George Osborne, described Diamond’s resignation as “the right decision for Barclays – and for the country”. ...
Tax credit 'rape clause' becomes law without parliamentary vote image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:57 PM
....She also described the fact that the Department for Work and Pensions (DWP ) had introduced the scheme apparently without having trained any of the people who will judge whether someone claiming the exemption had been raped as “frankly astonishing”. The regulations, announced in the 2015 budget by the chancellor at the time, George Osborne, were put into law through a statutory instrument, a form of legislation that allows laws to be amended without parliament’s approval. ...
NICs U-turn image
Source : BBC [Read Article] Wednesday 15th of March 2017 05:19:09 PM
....The remaining 80%, approximately 3. 6 million people, will now get the cut to NI that they had been expecting since George Osborne announced the abolition of Class 2 contributions in 2016. ...
Charlotte Hogg resigns as Bank of England deputy governor image
Source : Guardian [Read Article] Tuesday 14th of March 2017 09:33:31 AM
....It is a dramatic fall from grace for Hogg, who was once cited as a potential successor to the Bank governor, Mark Carney, to whom she was a key ally and a linchpin of his effort to overhaul the staid institution. Her departure was criticised by former chancellor George Osborne who tweeted: “Charlotte Hogg is a real loss to public life. ...
Budget deficit beyond 2025 warns spending watchdog image
Source : BBC [Read Article] Monday 13th of March 2017 09:26:55 PM
....The previous coalition government, which came into office in 2010 originally set a target of clearing the deficit by the time of the 2015 general election. When that failed to materialise, the former chancellor George Osborne set a further target to reach a surplus by the time of the next election in 2020, but then later abandoned it. ...
Revision App customers complain of unexpected payments image
Source : BBC [Read Article] Monday 13th of March 2017 01:19:29 PM
....In 2013 he was named as Shell's young entrepreneur of the year and appeared on stage at the Conservative Party conference to explain how a government-backed start-up loan had helped get his business off the ground. "I've been able to help one million young people learn on their mobile devices," he told the audience, which included the then chancellor, George Osborne, and education secretary, Michael Gove. ...
Labour must learn to win if it wants to shape the UK's economic future image
.... A one-term deficit reduction plan has now become a 15-year slog. Third, when the economy subsequently slowed in 2011 and 2012, the response from George Osborne was to warm up the housing market by providing banks with incentives to lend and borrowers with incentives to buy. ...
We will all need a stiff drink to swallow Hammond’s austerity image
Source : Guardian [Read Article] Sunday 12th of March 2017 07:00:17 AM
....But austerity in the public sector is set to continue. Let no one be in doubt: this was a policy choice on the part of George Osborne in 2010, and it is a policy choice now. ...
Isas back in favour after tax allowance hike image
Source : Guardian [Read Article] Saturday 11th of March 2017 07:00:28 AM
....Until this week the Isa sector had started to look redundant for all but those with very large sums to invest. The previous chancellor, George Osborne, introduced a series of measures that rendered them unnecessary for most ordinary savers. ...
Budget 2017: tax on dividends will be a raid on 2 million small investors image
....”. Richard Stone, chief executive of stockbroker The Share Centre, says the dividend allowance introduced by George Osborne undermined part of the logic for using an Isa account – namely that all income and capital gains within an Isa are tax-free. ...
MPs not appeased by May's decision to review self-employed tax hike image
Source : Guardian [Read Article] Friday 10th of March 2017 06:48:53 PM
....David Cameron was also dragged into the row, after a video clip from Thursday’s Iraq and Afghanistan memorial unveiling appeared to show him saying to the defence secretary, Michael Fallon: “Breaking a manifesto promise, how stupid can you get?”. But some MPs blamed Cameron and his chancellor, George Osborne, for making the sweeping pledge not to raise national insurance and income tax, come what may, as they approached the 2015 general election. ...
Forget the fuss – bumper paydays go on for UK's best-paid boss Sorrell | Nils Pratley image
.... That was a maximum payout but not as much as last year’s £63m. Still, £113,000 a day would make even George Osborne jealous. ...
The Guardian view on trust in politics: pledges and conventions matter | Editorial image
. George Osborne is no longer chancellor of the exchequer, but his spirit thrives in the budget presented by his successor. ...
The UK economy breaks more records – for all the wrong reasons image
Source : Guardian [Read Article] Thursday 9th of March 2017 06:40:24 PM
....The IFS agrees. It notes that the budget changes announced by Hammond pale into insignificance when set against those introduced by George Osborne before he was sacked by Theresa May. ...
Hammond went where Osborne feared to tread with tax on self-employed image
Source : Guardian [Read Article] Thursday 9th of March 2017 04:41:03 PM
. George Osborne was presented with the policy of raising national insurance contributions for the self-employed several times while he was chancellor, and always rejected it as politically unsellable, according to former Treasury insiders. ...
Budget tax rise image
Source : BBC [Read Article] Thursday 9th of March 2017 01:40:23 PM
....Employers also pay a contribution, of which more later. In March last year, the chancellor at the time, George Osborne, confirmed that Class 2 contributions would be abolished in April 2018. ...
Institute for Fiscal Studies backs National Insurance increase image
Source : BBC [Read Article] Thursday 9th of March 2017 01:00:13 PM
....Many small traders and individuals set up businesses by forming a company and paying themselves through dividends as well as a salary. The announcement comes less than a year after the last Chancellor George Osborne introduced the £5,000 tax free dividend allowance. ...
No pay rise for 15 years, IFS warns UK workers image
Source : Guardian [Read Article] Thursday 9th of March 2017 08:57:23 AM
.... It looks like being, I’m afraid, a third parliament of austerity,” said Johnson. Similarly, he underscored welfare cuts announced under Hammond’s predecessor George Osborne that start to come into force next month. ...
Budget 2017: Squeeze on family finances 'extended until 2020s' image
Source : BBC [Read Article] Thursday 9th of March 2017 07:40:05 AM
.... . If it does so, that would be 15 years after the previous chancellor, George Osborne, had started implementing spending cuts and raising taxes. ...
Budget 2017: manifesto row clouds chancellor's attempt at low-key package image
....”. A Treasury spokeswoman later sought to shrug off the claim that the party was breaching the manifesto promise, saying it had been implemented by a piece of legislation – George Osborne’s “tax lock” – which didn’t mention specific classes of NICs. ...
Hammond was a picture of relaxed swagger – because he was in the ring alone image
....And that was far from the only gap. When George Osborne gave these speeches, he would sweat over every number predicting future borrowing, desperate to show that the deficit was coming down year-on-year. ...
Osborne to earn £650,000 a year advising US financial firm image
Source : BBC [Read Article] Wednesday 8th of March 2017 08:31:00 PM
. Former Chancellor George Osborne is to be paid £650,000 a year for advising the US fund manager Blackrock. ...
Philip Hammond's budget is a long way from tackling future challenges | Larry Elliot image
.... There was extra money for schools and vocational education; some help for companies adversely affected by the new business rates regime; £2bn over the next three years for social care; and a shake-up of national insurance contributions that will result in higher tax for the self-employed. This last change, while perfectly defensible, may well come back to haunt the chancellor: his tax on white van man to mirror George Osborne’s pasty tax. ...
George Osborne to be paid £650,000 for working one day a week image
Source : Guardian [Read Article] Wednesday 8th of March 2017 06:34:36 PM
. George Osborne has declared a salary of £650,000 a year for working just four days a month at BlackRock, the world’s biggest fund management firm, as well as almost £800,000 for speeches to financiers. ...
Budget 2017: Tax-free dividend allowance slashed image
Source : BBC [Read Article] Wednesday 8th of March 2017 06:04:27 PM
.... A higher rate tax payer will pay an extra £975. The dividend allowance of £5,000 was announced by the previous chancellor, George Osborne, in 2015. ...
Budget 2017: NHS, families, cars - your questions answered image
Source : BBC [Read Article] Wednesday 8th of March 2017 05:14:18 PM
.... But a decision made in January - and confirmed today - might affect families. As announced by the previous Chancellor George Osborne, child tax credit and universal credit will not be available to any third or subsequent child born after the start of the new tax year. ...
Philip Hammond breaks manifesto pledge with budget tax grab image
Source : Guardian [Read Article] Wednesday 8th of March 2017 04:05:32 PM
....The Conservatives’ 2015 manifesto promised four times that the party would “not increase the rates of VAT, income tax or national insurance in the next parliament”. One of their key attacks on Labour was that Ed Miliband would raise NICs, in what David Cameron and George Osborne called a “jobs tax”. ...
‘Our ability to save is non-existent’ – people respond to UK budget image
.... “I’ve already had to sell a couple of properties, thanks to the new rules coming in,” he says. Measures introduced by George Osborne mean that, from 6 April, landlords will no longer be able to offset all of their mortgage interest against their tax bill. ...
Budget: Does NI rate rise break a pledge? image
Source : BBC [Read Article] Wednesday 8th of March 2017 03:04:52 PM
.... . George Osborne announced in 2016 that Class 2 contributions would be abolished from April 2018. ...
Key points of the budget 2017 – at a glance image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:41:30 PM
.... He stresses that this will not be used as a reason to spend more, signalling there will be no easing off on austerity. The chancellor moves on to a few digs at the opposition for ‘recklessly’ wanting to borrow more, carrying on George Osborne’s strategy of trying to paint Labour as fiscally irresponsible. ...
Taxes for self-employed likely to rise in Hammond's budget image
Source : Guardian [Read Article] Tuesday 7th of March 2017 08:05:27 PM
....”. The abolition of class 2 NICs, which are paid only by self-employed people, from April next year – a simplification measure announced by the former chancellor, George Osborne – will also lift the burden on the self-employed. ...
Goodbye Spring Budget image
Source : BBC [Read Article] Tuesday 7th of March 2017 12:11:17 AM
....That was when some of these autumn events started to morph, becoming mini-Budgets in all but name, and helping to gain Mr Brown a reputation of trying to micro-manage the economy. The Conservative Chancellor George Osborne continued the policy of two big set piece announcements each year, both effectively Budgets, though he resurrected the Autumn Statement name. ...
Chancellor's budget to build up Brexit reserves, not tackle NHS crisis image
....The financial data provider Markit, which compiled a survey of the services and manufacturing sector, said on Friday that the slowing of business activity growth last month added to evidence that the economy had lost momentum. Whitehall watchers said Hammond appeared to have let go of George Osborne’s tendency to spend as much available money as possible. ...
Buy-to-let landlords face huge tax increase from new law image
Source : Daily Express [Read Article] Sunday 5th of March 2017 12:01:00 AM
....Investors will no longer be able to claim higher rate tax relief on mortgage interest payments, in a move that could turn profits into losses. The move was announced by former Chancellor George Osborne in 2015, as part of his three-pronged tax assault on landlords. ...
Low key Budget?  image
Source : BBC [Read Article] Saturday 4th of March 2017 01:17:34 AM
....The leading man in the Treasury has changed. Philip Hammond is delivering his first Budget as chancellor, following eight delivered by his predecessor George Osborne. ...
CBI chief warns against 'no deal' Brexit image
Source : BBC [Read Article] Thursday 2nd of March 2017 08:52:43 PM
....Pro-Brexit group Change Britain accused the CBI of being "proven wrong time and again on Europe" and said it should be "more optimistic" about the UK. Mr Drechsler's speech at the Lord Mayor's Business and Investment dinner in London, comes in the wake of similar warnings from the British Chambers of Commerce and former chancellor George Osborne earlier this week. ...
Universal credit cuts hit families with children hardest, study finds image
Source : Guardian [Read Article] Wednesday 1st of March 2017 10:00:46 AM
....Ministers predicted in 2011 that universal credit would take 900,000 individuals out of poverty, including 350,000 children, an assessment the study says the government now refuses to revisit in light of the changes. The chief executive of CPAG, Alison Garnham, called on ministers to use next week’s budget to make universal credit “fit for families” by reversing cuts to work allowances announced by the former chancellor George Osborne in 2015. ...
Tory £1bn inheritance tax cut 'will worsen north-south divide' image
Source : Guardian [Read Article] Tuesday 28th of February 2017 07:20:48 PM
.... It amounts to a tax giveaway of £38,400 for each of the estates affected, according to the figures. The four remaining seats in the top 100 are all Conservative-held, including Tatton in Cheshire, which is represented by George Osborne – who announced the policy when he was chancellor. ...
George Osborne warns against leaving EU without trade deal image
Source : BBC [Read Article] Tuesday 28th of February 2017 03:18:11 PM
. George Osborne has warned that leaving the European Union without any trade deal would amount to "the biggest act of protectionism in British history. ...
Welfare funds must serve 'really disabled' people, says MP image
Source : Guardian [Read Article] Sunday 26th of February 2017 06:35:35 PM
....7bn cut to the disabled. This time last year when the economy and public finances were not doing as well, and George Osborne [chancellor at the time] tried to cut PIP, Labour stopped him. ...
Hi-tech financial firms flee UK amid doubts over Brexit image
Source : Guardian [Read Article] Saturday 25th of February 2017 08:54:32 PM
.... The sector earned £6. 6bn in 2015, and the then chancellor George Osborne said he wanted London to become “the global centre for fintech”. ...
What’s the point of building a million new homes if they’re not fit to live in? | John Harris image
.... Last year the number was put at more than 150,000. Behind these increases sat policies such as the new homes bonus (which gives councils cash rewards for granting planning permission for newbuild developments) and George Osborne’s help-to-buy scheme – now drastically stripped back, although the fact that interest-free loans are still available for newbuild homes means that the policy will carry on incentivising builders to put up houses. ...
UK government surplus gives Philip Hammond pre-budget boost image
Source : Guardian [Read Article] Tuesday 21st of February 2017 01:33:43 PM
....But a strong recovery in the months after the referendum put Britain in the front rank of developed world economies and forced many forecasters to revise up their predictions of growth for 2017. The Treasury, which has abandoned former chancellor George Osborne’s target to create a surplus in the public finances in this parliament, said the deficit would continue to fall. ...
Business rate rises: government warns of 'campaign of half-truths' image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:22:16 AM
.... seat of Chelsea and Fulham in London rates will rise up to 22. 8% but in former chancellor George Osborne’s seat in Cheshire rates are forecast to drop by 11. ...
Savers need a balancing act to beat inflation image
Source : Guardian [Read Article] Monday 20th of February 2017 07:00:31 AM
....Foster from Brewin Dolphin points out that after the last period of intense gold speculation in the 1970s, it spent two decades going down. While recognised as one of the most rewarding investments of the past two decades, a surprise raid on mortgage tax breaks by former chancellor George Osborne in 2015 means that success looks to be at an end. ...
Why the Bank of England won’t raise interest rates any time soon image
Source : Guardian [Read Article] Saturday 18th of February 2017 05:00:07 PM
.... Moreover, savings have tumbled as a proportion of gross domestic product – and, worse, savers have been stealing not only from their deposit accounts but also from their pensions. George Osborne’s reforms allowed people aged 55 or older to empty their pensions, turn long-term savings into cash and splash it about like champagne-spraying Formula One drivers. ...
Small shops recoil in the face of business rates that will more than double image
Source : Guardian [Read Article] Saturday 18th of February 2017 04:00:05 PM
.... Another idea that was mooted by Justin King, the former boss of Sainsbury’s, was to replace business rates with a sales tax. Despite pledges by George Osborne, the former chancellor, to consider an overhaul of rates, no major changes have yet occurred. ...
Chancellor is an 'economic illiterate', claims pro-Brexit economist image
Source : Guardian [Read Article] Thursday 16th of February 2017 06:48:23 PM
....It is not the first time Minford has taken aim at a UK chancellor. Campaigning for Brexit ahead of last year’s referendum, the economist turned on George Osborne, who had insisted that those campaigning to leave the EU were economically illiterate. ...
ISA allowance: If I don't use this year's allowance, can I carry it over to next year? image
Source : Daily Express [Read Article] Wednesday 15th of February 2017 04:42:00 PM
.... . Former Chancellor George Osborne increased the ISA limited in order to encourage everyone to save more. ...
Brexit weekly briefing: article 50 moves closer but EU dashes divorce deal hopes image
....). What explains such uncommon parliamentary unanimity? Well, the controversial decision by the Labour leader, Jeremy Corbyn, (see below) to order his MPs to vote with the government was key, plainly – as was the general feeling, summed up by former chancellor George Osborne, that:. ...
Osborne’s bleak Brexit forecast ‘has undermined the Treasury’ image
Source : Guardian [Read Article] Sunday 12th of February 2017 12:04:29 AM
. George Osborne’s “project fear” forecasts about the economic risks of leaving the European Union have undermined public confidence in the Treasury and left it ill-equipped to influence Brexit, according to a damning new report from former Whitehall chief Lord Kerslake. ...
ISAs 2017: How much can I invest in an ISA next tax year? image
Source : Daily Express [Read Article] Thursday 9th of February 2017 05:09:00 PM
.... . Former Chancellor George Osborne increased the new tax year’s ISA limit by £5,000 to encourage everyone to save more. ...
Plan ahead to ease burden of death tax image
Source : Daily Express [Read Article] Wednesday 8th of February 2017 12:01:00 AM
.... . Former Chancellor George Osborne said he would reduce the burden for ordinary families by introducing the main residence nil-rate band. ...
UK tax burden will soar to highest level for 30 years, warns IFS image
Source : Guardian [Read Article] Tuesday 7th of February 2017 10:00:11 AM
....Paul Johnson, the IFS director, said even without the downturn in the economic outlook after the referendum, Britons were facing three parliaments of austerity. “For all the focus on Brexit, the public finances in the next few years look set to be defined by the spending cuts announced by George Osborne,” Johnson said. ...
Business leaders call for transport revolution to rebalance UK economy image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:00:22 AM
....”. The report comes as George Osborne prepares to publish the first work by the Northern Powerhouse Partnership he launched in September after he was sacked by May when she became prime minister. ...
Alarm bells ring over raids on pension pots image
Source : Daily Express [Read Article] Wednesday 1st of February 2017 12:01:00 AM
....A massive £9. 2billion has now been stripped out of pots since former Chancellor George Osborne’s pension freedom shake-up in April 2015. ...
Has Vodafone finally got the right Idea in India? image
Source : Guardian [Read Article] Monday 30th of January 2017 07:07:50 PM
.... But we should probably get over such squeamishness. If it is OK for the former chancellor George Osborne to earn £200,000 a year advising the fund manager BlackRock while remaining an MP, McDermott’s move barely merits a footnote. ...
Star Wars and Trainspotting sequels help UK film production break records image
Source : Guardian [Read Article] Thursday 26th of January 2017 04:43:34 PM
....The decision to film Star Wars: The Force Awakens – first in the new Disney franchise – at Pinewood in 2014 was credited with jump-starting renewed international eagerness to base films in Britain. That deal was the brainchild of then-chancellor George Osborne, who spearheaded a new tax-relief scheme attractive to Disney – and whose name appeared in the end credits. ...
Does the Imperial revolt herald a new health warning for executive greed? image
Source : Guardian [Read Article] Thursday 26th of January 2017 01:29:10 PM
....The UK state’s 72% stake in Royal Bank of Scotland is for the long term, said Chancellor Philip Hammond, as if we hadn’t noticed. Next year will mark a decade since the bailout and, aside from a sliver of stock George Osborne got away, we’re stuck with what we’ve got – a bank whose shares are half the price we paid. ...
UK GDP growth shows consumers spending despite Brexit worries | Larry Elliott image
....It was supposed to be the moment of truth. Had the economy performed as George Osborne predicted it would in the fevered days before the referendum, late January 2017 would have been the moment when official data showed that output in the UK had contracted in both the third and fourth quarters of 2016 – the technical definition of a recession. ...
Tobacco giant Imperial Brands rethinks CEO's pay rise after revolt image
Source : Guardian [Read Article] Thursday 26th of January 2017 10:31:52 AM
.... The government has since published a consultation which appears to backtrack on installing workers on boards to rein in excessive bonuses. Last week, Blackrock, the world’s biggest fund manager which recently recruited George Osborne as an adviser, signalled that it was taking a higher profile stance on executive pay. ...

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