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Moody's confirms big four Triple-A ratings

Moody's confirms big four Triple-A ratings

Monday 15th March 2010

Credit rating giant Moody's has today confirmed the Triple-A ratings for the UK, the US, France and Germany and while it has concluded that the risk of downgrades has increased over the last few months, it is unlikely the countries in question ... Full Story>>

Sainsbury's looks to reduce bonus tax payments

Sainsbury's looks to reduce bonus tax payments

Sunday 14th March 2010

In a move which many companies in the UK are likely to replicate it has been revealed that J Sainsbury, the prominent UK supermarket group, will bring forward bonus payments for around 1,200 of the company's highest earning members of staff. ... Full Story>>

Labour Party tongue tied on tax rises

Labour Party tongue tied on tax rises

Sunday 14th March 2010

Despite Liam Byrne suggesting only a few days ago that the UK government had "done with tax rises" Alistair Darling has been forced to clarify the UK Government's position. He has confirmed that no tax rises have been ruled out for the future, ... Full Story>>

Alistair Darling receives a £12 billion budget windfall

Alistair Darling receives a £12 billion budget windfall

Sunday 14th March 2010

When Alistair Darling steps forward in 10 days time to deliver his budget speech he will be in receipt of a £12 billion budget windfall as a consequence of the recent recovery in the UK economy. In what many believe will be the most ... Full Story>>

HM Revenue and Customs issues new tax deferral procedure

HM Revenue and Customs issues new tax deferral procedure

Saturday 13th March 2010

HM Revenue and Customs, the heart of the UK government's taxation service, has this week introduced new procedures regarding potential tax deferrals involving amounts over £1 million. As of 1 April all tax deferral requests regarding amounts ... Full Story>>

Should the UK authorities be employing more tax inspectors?

Should the UK authorities be employing more tax inspectors?

Saturday 13th March 2010

While the thought of a tax inspector walking through your door tomorrow to go over your company accounts will fill many people with dread the truth is that HM Revenue and Customs is chronically short of tax inspectors and experienced staff. As ... Full Story>>

Labour strategy of smoke and mirrors confusing Tories

Labour strategy of smoke and mirrors confusing Tories

Saturday 13th March 2010

Liam Byrne, one of the more experienced politicians in the cabinet, has today suggested that the Labour government is "done with tax rises". This is a comment which is guaranteed to grab the headlines and present the Labour government as the ... Full Story>>

UK expenses investigation reaches court

UK expenses investigation reaches court

Friday 12th March 2010

Yesterday saw three Labour MPs and a Conservative Peer appearing in a UK court amid allegations of expenses fraud. Elliot Morley, David Chaytor, Jim Devine and Lord Hanningfield are each accused of various offences surrounding their expense ... Full Story>>

Why is the MPs expenses saga still running?

Why is the MPs expenses saga still running?

Friday 12th March 2010

On the same day that three MPs and a Peer appeared in the City of Westminster Magistrates Court it was revealed that many other MPs are being forced to pay back but a fraction of their alleged "unlawful expenses claims". Despite the fact that ... Full Story>>

Northern Rock pays out £15 million in bonuses

Northern Rock pays out £15 million in bonuses

Wednesday 10th March 2010

Despite the fact that Northern Rock, the nationalised financial operation, reported losses for 2009 the company has confirmed that £14.9 million has been put aside for staff bonuses. This is despite the fact that the company received a £26 ... Full Story>>