George Osborne

The British Chambers of Commerce has cut its forecast for UK GDP growth for 2012 and has called for the government to announce a modest fiscal stimulus should public sector borrowing come in under target for 2011/12.

The 50p top rate of tax is damaging the economy and reducing government income, according to a letter signed by more than 500 business leaders.

Charges on a government-backed UK infrastructure vehicle owned and run by UK pension funds will be capped at 0.5%, the Treasury has confirmed.

MPs have expressed concerns over Her Majesty's Revenue and Customs' decision to hired the former chief executive of the UK Border Agency (UKBA).

Chancellor George Osborne has been given a boost ahead of next month's Budget after official figures showed the UK posted its largest budget surplus in four years.

The Society of Trust and Estate Practitioners (STEP) has drafted a model clause for wills in response to government plans to reduce inheritance tax for charity donors.

The UK's prized triple-A credit rating was under threat last night after US ratings agency Moody's put it on negative outlook, citing pressures from the eurozone.

Deputy prime minister Nick Clegg and Treasury secretary Danny Alexander will meet with David Cameron and George Osborne today to demand more tax on high earners' pensions.

Limits on loan-to-value (LTV) mortgages were back on the agenda last night after George Osborne told MPs the Bank of England could intervene to prevent another housing crisis.

The government will not ensure the new Financial Policy Committee (FPC) includes an expert on insurance, the Chancellor has said.