Economics / Markets

George Osborne's Budget was better-than-expected for non-doms as many will have feared far harsher tax increases, KPMG says.

Chancellor George Osborne has set out an array of business-friendly measures as he looks to the private sector to rejuvenate the nation's economy.

Chancellor George Osborne has slashed corporation tax as part of a bold plan to stimulate Britain's economy and private sector.

Chancellor George Osborne today delivered his second Budget speech as Chancellor. Here are all the key points as they happened...

The governor of the Bank of England has warned inflation could top 5% because of rising inflation expectations and higher commodity prices.

The Monetary Policy Committee (MPC) are split 6-3 against a rate rise for the second month, with opinion divided on how to tackle soaring inflation without snuffing out growth.

Andrew Sentance has predicted inflation could rise above 5% this year and repeated his calls for a gradual increase in interest rates and cutting off of monetary stimulus.

Inflation increased at its fastest pace in more than two years last month, mounting further pressure on the Bank of England to hike interest rates.

European stock markets are subdued in early trading and have been unable to mirror the overnight gains made in Asia and the US.

Forecasts for corporate earnings growth in Europe and leading emerging markets are being scaled back by analysts.