The Bank of England’s Monetary Policy Committee (MPC) opted for another month of "wait and see", leaving interest rates at 0.5% and its quantitative easing (QE) programme unchanged at £375bn. Coming on the back of gloomy data on construction and manufacturing activity the decision surprised no one: recovery hopes are...
The UK economy shrank by 0.3% in Q4 2012 - unchanged from the previous estimate but showing the biggest quarterly fall in industrial production since Q1 2009, according to data released today. The data shows that the Office of National Statistics revised 2011 GDP growth up from 0.9% to 1.0%...
While much of George Osborne's hour long speech had been trailed, there was still a lot of content in there and, as ever, more devil in the detail when the full document was released. In challenging economic times, the Chancellor needed to announce a confident, stable Budget; one based on...
A quick reference guide to UK tax rates and allowances for individuals, companies and other taxpayers following announcements in Budget 2013. This data was prepared on Budget day 20 March 2013. It's a brief overview for temporary reference and general guidance on matters of interest only, and doesn't constitute professional...
While the Chancellor today admitted that the Government’s economic plan was ‘taking longer than anyone hoped’, he confirmed his intention to ‘hold to the right track’ and ensure that everyone knew that ‘Britain was open for business’. Cutting corporation tax to 20% was one of a number of moves made...
