George Osborne

The income tax threshold will increase by by £1,000 in April, the Chancellor said today in his emergency Budget.

Chancellor George Osborne has raised VAT from 17.5% to 20% in his emergency Budget today.

Chancellor George Osborne has clamped down on the UK banking sector with a new tax on profits.

George Osborne has given British business a boost by introducing four annual reductions in the rate of corporation tax.

Chancellor George Osborne today lowered the UK's economic growth forecast for the next five years.

Leading City figure and associate of the Chartered Institute of Bankers Terry Smith has sold £40m worth of shares ahead of a likely rise in capital gains tax (CGT).

Chancellor George Osborne is set to raise the personal income tax allowance by £1,000 to £6,475 in the Budget today, removing more than 850,000 people from paying income tax.

CGT, VAT, public pensions... Prime Minister David Cameron has already warned today's emergency Budget will likely contain some of the harshest measures since World War II.

George Osborne will announce a bank tax on Tuesday aiming to raise £3bn amid criticism the levy could hit UK competitivenesss.

Chancellor George Osborne warned yesterday tough action to cut the deficit is "unavoidable" to ensure Britain is not on the "road to ruin".