Business News
Pre-Budget report: Pain postponed
The Chancellor's electioneering budget yesterday put off difficult questions about cutting debt. Will it work?
Inside Business News
US bank to pay non-cash bonuses to senior executives new
Thursday, 10 December 2009
Investment banking giant Goldman Sachs today announced that senior executives would not receive cash bonuses for this year.
EasyJet boss stands down in fall-out from Stelios row
Thursday, 10 December 2009
Andy Harrison is the third executive to quit after last year's battles with founder
Tax rich now – and the rest of us later
Thursday, 10 December 2009
National insurance rate up, 40p tax threshold frozen; Cap on pay rises for five million public-sector workers
Dubai exposure not material, says Standard Chartered
Thursday, 10 December 2009
Bank criticised for failure to reveal full detail of its lending in the region
'Encouraging' rise in air passenger numbers
Thursday, 10 December 2009
Airports operator BAA today said growing consumer confidence led to the first monthly increase in total UK passenger numbers since March 2008.
VAT and duty: Cigarettes and alcohol hit by 'hidden' excise charge
Thursday, 10 December 2009
The cigarette and booze industries have been hit by a "hidden" excise charge this year, after the Government failed to cut the duty to make up for higher VAT.
Energy prices: £200m fuel poverty pledge survives the cuts
Thursday, 10 December 2009
Ministers bowed to campaigners and decided against making savage cuts to a fuel poverty programme.
Public finances: Darling's impossible battle to climb a mountain of debt
Thursday, 10 December 2009
Although Alistair Darling's projections for public borrowing are not quite as horrifying as some City economists had been predicting a few months ago, the Government's plans remain the largest peacetime programme of deficit financing in British history, and the most ambitious in the Western world. They also seem inadequate to the task of allaying market fears about the safety of the UK's international credit ratings.
City steps up bonus tax fight
Thursday, 10 December 2009
Finance companies attack levy as an 'assault on the prudent and the profitable'
Econiomy: We're leaner, but not necessarily fitter
Thursday, 10 December 2009
This will be the worst peace-time year for the economy since 1921, according to the National Institute for Economic and Social Research. Even in 1931, at the height of the Great Depression, the British economy shrank by less than the 4.75 per cent Alistair Darling says the UK will have lost by New Year's Day 2010.
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Read
1 US bank to pay non-cash bonuses to senior executives new
2 Sean O'Grady: UK economy to drop out of world's top 10
3 EasyJet boss stands down in fall-out from Stelios row
4 Rich, poor, or in between? How you will be affected
5 Stephen King: How China is putting the skids under Western economic revival
Commented
1Anti-X Factor Christmas campaign is stupid, says Simon Cowell
2A matter of life and death ? Irish abortion law in dock
3Obama receives Nobel Peace Prize medal
4Leading article: The glaring hole in this pre-Budget report
5Matthew Norman: How about a supertax on Blair?
6Mark Steel: Help save Christmas from the dreaded X Factor
7BBC criticised over HD picture quality
8Obama 'doesn't deserve' peace prize
9Fragile world: Mankind's race against time to halt climate change
Columnist Comments
• Hamish McRae: Sticking to fiscal rules
It will be future generations that will have to work to pay off these debts
• Matthew Norman: How about a supertax on Blair?
The ex-PM mirrors the bankers in seeming to be rewarded for poor judgement
• Andreas Whittam Smith: Separate 'good' and 'bad' bonuses to clean up City
The moral case for levying a special tax on bankers' bonuses is strong
