News

Chancellor George Osborne has confirmed £20bn will be made available to small and medium sized businesses through a government-backed scheme.

The Chancellor has set out plans to clamp down on the use of tax loopholes and reliefs as part of a raft of measures targeting the wealthy.

The 50p top rate of income tax will be reduced to 45p from April next year, Chancellor George Osborne announced this afternoon.

Corporation tax is to be reduced from 26% to 24% from 1 April in an attempt to attract business investment.

The Chancellor has confirmed a £140 a week flat-rate basic state pension will be introduced early in the next Parliament.

Chancellor George Osborne has confirmed he will consult on launching perpetual gilts and gilts with a life longer than 50 years, despite a wave of criticism from potential investors.

The government is to investigate pinning the state pension age (SPA) to longevity, the Chancellor has said.

Chancellor George Osborne said UK inflation will come down signficantly by the end of the year.

Keep up to date with all the key points from the Chancellor's Budget as they happen.

Pictet Asset Management, the asset management arm of the Swiss private bank Pictet & Cie, has launched a tactical global asset allocation fund.