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The 50% tax rate is unlikely to raise significant amounts of money for the Treasury, Business Secretary Vince Cable says.
22 September 2010
The Government's plans to radically shake-up the welfare system could see benefits for the elderly, including winter fuel allowances, cut drastically as Britain claws back from the recession.
18 August 2010
The UK economy roared ahead with its fastest growth in more than four years between April and June, official estimates show today.
23 July 2010
Chancellor George Osborne today announced plans to simplify Britain's "spaghetti bowl" tax system.
20 July 2010
The Government is proposing a new graduate tax instead of hiking tuition fees.
15 July 2010
Chancellor George Osborne defended the Budget as "tough but fair" today as he accused the previous Labour government of leaving the economy in a "massive mess".
23 June 2010
Families who earn £25,000 a year could see a fall in the benefits they receive from April 2012, according to figures buried deep in yesterday's 112-page official Budget document.
23 June 2010
Council tax rates in England could be frozen for one year for those whose local authorities can keep costs low, the Chancellor revealed in his Emergency Budget today.
22 June 2010
Today's Emergency Budget brought tax rises for every UK citizen as the Government attempts to plug the massive £156 billion budget deficit.
22 June 2010
Millions of families will no longer qualify for tax credits or receive less income from them, Chancellor George Osborne revealed today.
22 June 2010
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