20 March 2012 Last updated at 16:41 ET Chancellor George Osborne could announce a significant further increase in personal tax allowances in the Budget, the BBC understands. The threshold below which no-one pays income tax is to rise to £8,105 next month, but Whitehall sources suggested plans to lift it further were expected. The...
18 March 2012 Last updated at 11:55 ET Please turn on JavaScript. Media requires JavaScript to play. George Osborne: “People have had their warning, they have got to pay stamp duty on the homes they live in” Chancellor George Osborne has confirmed he will be “coming after” stamp duty avoidance with “aggressive” new measures...
17 March 2012 Last updated at 12:50 ET Unions have reacted angrily to plans to scrap national pay rates for some public sector workers in the UK. Chancellor George Osborne is expected to say civil servants, such as Jobcentre and DVLA staff, should have pay brought into line with private sector salaries in their...
29 November 2011 Last updated at 12:20 ET Please turn on JavaScript. Media requires JavaScript to play. The chancellor said much of Europe was heading towards recession as he pledged to do “whatever it takes” to protect Britain and keep interest rates low Chancellor George Osborne has said public sector pay rises will be...
26 November 2011 Last updated at 16:02 ET Chancellor George Osborne will unveil a new government scheme to underwrite at least £10bn of loans to small businesses when he delivers his autumn statement on the economy on Tuesday. The “credit easing” scheme is intended to prevent the British economy falling back into recession. The...
11 November 2011 Last updated at 11:45 ET Chancellor George Osborne has said the financial crisis gripping the eurozone is hitting British jobs and growth. As Italy agreed austerity measures demanded by the EU and Greece’s new prime minister took office, Mr Osborne said the situation remained “very difficult and dangerous”. Despite Friday’s events,...
22 October 2011 Last updated at 15:33 ET Chancellor George Osborne has declared “real progress” after a meeting of EU finance minister in Brussels on the eurozone debt crisis. A provisional deal will see banks raise more than a 100bn euros ($140bn; £87bn) in new capital to shield them against possible losses to indebted...
3 October 2011 Last updated at 09:33 ET By Brian Wheeler Political reporter, BBC News, in Manchester Please turn on JavaScript. Media requires JavaScript to play. Chancellor George Osborne’s full speech to the Conservative Party conference in Manchester. Chancellor George Osborne has said taxes will only be cut when the government can afford to...
24 September 2011 Last updated at 16:26 ET Please turn on JavaScript. Media requires JavaScript to play. Christine Lagarde: “I’m very encouraged by the strong dialogue between the membership and the IMF” The IMF says it will take decisive action to tackle the eurozone debt crisis and support the global economy. In a communique...
6 September 2011 Last updated at 15:01 ET The chancellor George Osborne has said short-term hopes for the economy have been revised down in recent weeks. Speaking at a dinner held at the insurers Lloyd’s of London, Mr Osborne said recent data had lead to downward revisions, but that he would be sticking to...
