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uncategorised

uncategorised

Treasury denies secret VAT hike - papers

The Treasury was last night forced to deny that Alistair Darling was drawing up secret plans to raise VAT to 18.5% in the next parliament in an attempt to fill the black hole in the government's finances created by the recession and the massive stimulus...

clock 26 November 2008 •

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HMRC revamps estate reports

HM Revenue & Customs has issued new forms for reporting the estates of deceased persons.

clock 25 November 2008 •

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PBR attacked as US unveils new $700bn package - papers

The government's £20bn tax giveaway will hit middle Britain and leave a tax bomb ticking under the public purse, George Osborne said today.

clock 25 November 2008 •

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PBR: Darling attacks offshore banks

UK Chancellor Alistair Darling has used today's pre-Budget report to attack offshore banks in the Isle of Man and Channel Islands, saying they "attract people with low tax rates and do not contribute to the Exchequer".

clock 24 November 2008 •

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Chancellor hits out at offshore banks

UK Chancellor Alistair Darling has used today's pre-Budget report to attack offshore banks in the Isle of Man and Channel Islands, saying they "attract people with low tax rates and do not contribute to the Exchequer".

clock 24 November 2008 •

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UBS Global AM and MerchantBridge form Middle East PE initiative

UBS Global Asset Management has joined forces with MerchantBridge, a direct investment and private equity firm with a Middle East focus, to form MerchantBridge-UBS Private Equity.

clock 24 November 2008 •

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Standard Chartered in £1.8bn rights issue - papers

Standard Chartered, a leading lender in emerging markets, is seeking to raise £1.78 billion through a rights issue in a bid to bolster its balance sheet as its core markets in Asia, Africa and the Middle East begin to feel the effects of the global downturn,...

clock 24 November 2008 •

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IMF approves $2.1bn Iceland support scheme

The International Monetary Fund (IMF) has approved a two-year $2.1bn stand-by arrangement for Iceland to bolster the country's efforts to restore confidence and stabilise the economy.

clock 21 November 2008 •

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Questions, but no answers

COVER reporter Pete Carvill comments on Skandia's resignation from the Association of British Insurers (ABI).

clock 21 November 2008 •

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Life settlements fund added to offshore bond lists

Royal Skandia International, Friends Provident International and Standard Life International have added the EEA Life Settlements fund to their approved lists.

clock 21 November 2008 •
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