PBR

PBR

PBR abolition may impact CFO decision making

2010-07-16 11:12

Following reports that the coalition may force the Treasury to do away with the Pre-Budget Report (PBR), the UK200Group of accountancy and law firms has warned that so doing would negatively impact CFO planning time.

Budget 2010: Spending deficit improves, but economists remain cautious about Darling's optimistic arithmetic

2010-03-24 15:38

Leading economists are warning that overly optimistic growth projections mean the Chancellor's pledge to halve the deficit by 2014/15 simply doesn’t stack up.

Darling's evasive Treasury team come under fire from MPs over deficit detail

2010-01-07 14:24

Alistair Darling and the Treasury have opportunistically used economic uncertainty to avoid providing sufficient detail about how they plan to cut the UK's £178 billion deficit.

Darling: banking bonus tax won't "raise that much".

2009-12-17 15:22

Chancellor Alistair Darling has admitted that the 50% levy on bankers bonuses above £25,000 is effectively gesture politics that will “not actually raise that much”.

Changing times and tax climes

2009-12-07 13:27

Wednesday’s a big event in politics. Sift Media’s tax expert Rebecca Bennyworth asks, what does it mean to business?

The political dogs let loose

2009-12-07 12:47

It’s all politicking in the run up to Wednesday’s PBR but the PM used his speech to the Royal Society Monday and to clarify how ‘Sma...

Darling to admit recession deeper; forecasts out of kilter

2009-11-27 09:39

Alistair Darling will admit in next month’s pre-Budget report that the recession has been much deeper than he forecast in March. ...

"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more