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3 Mar 21
Chancellor Rishi Sunak has announced planned tax measures – phased in over the next four years – which will see the UK’s tax burden rise to the highest level since the late 1960s.
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1 Dec 17
A cross-party parliamentary group has been set up to lobby for progress on the Northern Powerhouse agenda, which was championed by George Osborne when he was chancellor.
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5 Dec 16
With rifts in cabinet and country over Brexit, and rumours about the chancellor being sidelined, questions are being asked over the size of the Treasury’s influence
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10 Oct 16
Government plans to offer shares in Lloyds Banking Group to the public have been scrapped after chancellor Philip Hammond said that ongoing market volatility means it is “not the right time for a...
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4 Jul 16
Chancellor George Osborne has raised the prospect of cutting corporation tax by at least five percentage points as part of a plan to boost investment in the UK following the vote to leave the...
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1 Jul 16
George Osborne will abandon his fiscal rule that requires the public finances to be in surplus by the end of the parliament, saying that he must be “realistic” about the impact of Brexit.
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27 Jun 16
Chancellor George Osborne this morning insisted robust contingency plans to maintain economic and fiscal stability were in place following Thursday’s vote to leave the European Union.
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16 May 16
Leaving the European Union’s single market would be a disaster for the UK’s economy and result in £200bn less trade every year, chancellor George Osborne warned today.
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27 Apr 16
The UK economy grew by 0.4% in the first three months of the year, according to estimates published by the Office for National Statistics today.
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25 Apr 16
Over twenty more nations will share details on the true owners of secretive companies after joining up to the anti-tax evasion initiative headed by Europe’s five largest economies.
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21 Apr 16
Chancellor George Osborne missed the public sector borrowing goal in 2015-16 by around £1.8bn, with the deficit totalling £74.0bn according to provisional figures published by the Office for National...
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21 Mar 16
Iain Duncan Smith has criticised the government’s deficit reduction strategy following his resignation as work and pensions secretary, accusing chancellor George Osborne of pursuing “...
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18 Mar 16
There needs to be clarity on how reforms to take small firms out of business rates will affect councils. There is a risk the link between economic growth and increased local revenues will be broken.
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18 Mar 16
George Osborne is right that economic storm clouds are gathering. But changes to productivity forecasts show they aren’t in Asia or Europe: they are on our own horizon.
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17 Mar 16
Chancellor George Osborne is only on track to meet his one unbroken fiscal target thanks to some “fiddling around” with incomings and outgoings of the public purse, the Institute for Fiscal Studies...
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16 Mar 16
Chancellor George Osborne has breached two of his three fiscal targets, with objectives on debt and welfare spending missed, according to the Office for Budget Responsibility.
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16 Mar 16
The governments in Cardiff and Westminster have struck a £1.2bn city deal for the Welsh capital, expected to provide up to 25,000 new jobs and attract £4bn in private investment.
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14 Mar 16
George Osborne is likely to have to make more spending cuts in Wednesday’s Budget. Will he bite the bullet and slow the pace of deficit reduction?
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11 Mar 16
Prime minister David Cameron has appointed Tom Scholar, his adviser on European and global issues, as permanent secretary at the Treasury.
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29 Feb 16
George Osborne has indicated that he is likely to make further cuts to government spending in the 16 March Budget because of slower growth.
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25 Feb 16
Ministry of Defence permanent secretary Jon Thompson is to take the helm as chief executive at Revenue & Customs in a leadership shake up.
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8 Feb 16
George Osborne’s plans to get the government finances into surplus in 2019/20 are set to reduce public sector pay to the lowest level relative to the private sector for at least 25 years, an...
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3 Feb 16
Changes to government spending plans announced in last year's Spending Review mean George Osborne could miss his target of achieving a budget surplus by 2020, the National Institute of Economic...
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28 Jan 16
George Osborne has announced a delay to completing the full sale of the government’s stake in Lloyds Banking Group due to “turbulence” in the global financial markets.
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28 Jan 16
The government has said that further devolution deals are likely in England following the passage of the Cities and Local Government Devolution Act, which received Royal Assent today.