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UK inflation more than doubled Bank of England targets in October
Pay rises ‘fail to cover’ rising cost of living

Average pay rises this year will not cover the increased cost of living, a new consumer survey has warned. In advance of the 2008 Budget, uSwitch has highlighted the financial burden facing consumers. Workers are expecting an average monthly increase of £44 a month in take-home pay following this year’s pay rises. However, this will… Read more »

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George Osborne wants a 3p corporation tax cut
Osborne seeks corporation tax cut

Shadow chancellor George Osborne has called on the government to cut corporation tax by 3p to help British competitiveness. The Conservatives are advocating a reduction in the headline rate from 28p to 25p, but their overall package would not result in net revenue loss for the Treasury. Instead the headline cut would be offset by… Read more »