Tag: George Osborne

• Thursday, October 30th 2014 - 21:49 UTC

  Fifty one countries sign 'milestone' accord against tax evasion

  

  Fifty one nations on Wednesday signed what was hailed as a milestone in the fight against tax evasion, an agreement that commits them all to automatic exchange of tax information starting in 2017. The accord capped a two-day meeting of officials from most of the 123 nations that have joined the Global Forum, which evolved from an agreement by Germany and Britain two years ago to crack down on tax evasion and tax fraud.

• Monday, October 6th 2014 - 11:45 UTC

  Euro zone, an economy struggling against multiple headwinds

  

  A survey measuring business activity in the Euro zone shows the economy remains “stuck in a rut”, according to the company behind the report. The Euro zone purchasing managers index (PMI) fell to 52 in September, down from an initial estimate of 52.3.

• Friday, October 3rd 2014 - 06:38 UTC

  Bank of England wants new powers to prevent a housing 'boom and bust'

  

  The Bank of England has asked formally for new powers to prevent a housing boom and bust. Under the powers, the Bank would be able to limit how much people can borrow to buy a home, according to their financial circumstances.

• Tuesday, September 16th 2014 - 05:57 UTC

  VisitBritain: UK to refund cost of visa for Chinese tourists in organized groups

  

  British Chancellor George Osborne has announced plans to refund the cost of up to 25,000 visas for Chinese tourists in an attempt to attract more visits to the UK. It was one of a series of measures announced at an economic summit in London, attended by Chinese vice premier Ma Kai.

• Monday, September 8th 2014 - 06:23 UTC

  London offers greater fiscal autonomy as Scotland poll shows pro-independence is tied with NO vote

  

  The British government on Sunday pledged greater fiscal autonomy for Scotland, after a poll put the pro-independence camp ahead for the first time ahead of the September 18 referendum on separation. Only Scottish residents can vote in the referendum.

• Tuesday, July 15th 2014 - 06:15 UTC

  Hague stepping down as Foreign Secretary; Hammond apparent replacement

  

  William Hague is stepping down as UK Foreign Secretary, the government said on Monday, as Prime Minister David Cameron reshuffled his cabinet in an apparent attempt to build a winning team for the general election in May next year.

• Saturday, June 7th 2014 - 04:37 UTC

  IMF warns UK about a possible 'housing bubble' and low productivity

  

  The International Monetary Fund (IMF) has warned the government that accelerating house prices and low productivity pose the greatest threat to the UK's economic recovery. Rising property values could leave households more vulnerable to income and interest rate shocks.

• Friday, April 25th 2014 - 21:24 UTC

  UK £200 million new polar research vessel will ensure presence in Antarctica and he South Atlantic

  

  The British government will fund a new £200 million polar research ship to put UK scientists at the forefront of climate and ocean research in both Antarctica and the Arctic, Chancellor of the Exchequer George Osborne announced on Friday in a speech.

• Wednesday, April 9th 2014 - 06:48 UTC

  Osborne launches with Mantega Brazil/UK 'economic and financial dialogue'

  

  Finance minister Guido Mantega and Chancellor of the Exchequer George Osborne announced on Tuesday in Sao Paulo the launching of the Brazil/UK Economic and Financial Dialogue to strengthen bilateral trade and cooperation, and investment in infrastrucutre, according to a joint release.

• Wednesday, April 9th 2014 - 06:37 UTC

  Chancellor welcomes insurer’s plans to boost Brazilian activity

  

  Chancellor of the Exchequer George Osborne welcomed the decision by insurer Hiscox to join the Lloyd’s Brazil reinsurance platform during his current trip to Brazil. This will allow Hiscox to grow its Brazilian business, enabling it to talk directly to potential customers and better understand the local market.