Voices

Both sides know that the top rate of income tax is mainly symbolic

Turmoil fear as US pulls back from 'fiscal cliff'

Markets worldwide face volatility after late compromise on tax rises and spending cuts

Ed Miliband has backed the introduction of the Living Wage, along with London Mayor Boris Johnson

Living wage for all workers would boost taxes and GDP

Five million people, including three million women, are paid below the living wage

The news is an embarrassment for the Chancellor, George Osborne, who boasted earlier this month he was successfully bringing the deficit down

Deficit worsens despite George Osborne's boast

Public-sector borrowing rose in November continuing a trend of deterioration

David Cameron: Labour is the party of 'unlimited welfare'

Prime Minister hit back after the Labour leader accused ministers of drawing up tax policies designed to benefit wealthy supporters

Google's search for tax haven saves company £2bn in tax

Type 'Bermuda Tax' into Google and the search engine's hi-tech algorithm completes the thought with a number of suggestions, including: 'Haven.' We can only speculate whether or not function would receive the approval of the company's battery of lawyers and accountants after it was claimed that Google had shifted nearly $10bn of revenues to a shell company based in the picturesque British Overseas Territory, and thus avoided around $2bn in worldwide income taxes in 2011.

Google 'avoids billions in taxes via Bermuda'

Type “Bermuda tax” into Google and the search engine’s high-tech algorithm completes the phrase with a number of suggestions, including, “haven”.

The Chancellor's Autumn Statement has left the poorest and the richest households in the country bearing the brunt of austerity measures and service cuts

Poorest and richest bear the brunt of George Osborne's Autumn Statement leaving 'squeezed middle' relatively unscathed

The package of tax rises and benefit cuts will cost the poorest 10 per cent of households in Britain £3.34 per week by 2015, while the richest 10 per cent will see their incomes decline by £8.05

George Osborne denies fiddling the figures

George Osborne denied that the poor were bearing the brunt of austerity as he defended his mini-budget today.

Age of austerity to last another six years, downbeat Osborne warns

The Coalition Government will agree an extra £10bn of spending cuts by next June as George Osborne admitted the "age of austerity" would last for at least another six years in a downbeat mini-budget yesterday.

George Osborne with Chief Secretary to the Treasury Danny Alexander yesterday

George Osborne's raid on middle class: 400,000 forced on to 40p income tax rate

Benefits capped, growth forecasts slashed and austerity plans extended to 2018: Chancellor breaks bad news in Autumn Statement

Hard-pressed drivers were given some respite as Osborne scrapped the fuel duty rise

Autumn Statement at a glance

Hard-pressed drivers were given some respite as Osborne scrapped the fuel duty rise

Now Congress must sort out the fiscal cliff crisis

Which way will the US turn over the fiscal cliff? The key question about George Osborne's Autumn Statement is one the Chancellor can't answer

Our Chief Economics Commentator sets the scene for this week's statement

Chancellor George Osborne confirmed that he would look for greater contributions from the wealthy as he seeks to tackle the UK’s deficit

Government considering £1.8bn raid on tax relief

The amount of money that people will be able to pay into their pension pots without paying tax on it could be slashed by up to a third as part of a £1.8bn raid on tax relief.

Satyajit Das: Fiscal cliff not big enough to solve US debt problem

Stateside View: What is needed is a review of all spending to better target it and align it with tax revenues
Since George Osborne delivered his Budget in March companies have paid £24.9bn in corporation tax, 9.8 per cent less than the £27.6bn they handed over in the same period of last year.

Britain's missing billions: counting the true cost of corporate tax avoidance

There's a painful subtext to yesterday's public finance figures. While most of us are paying more tax, many big companies are paying less

Voices
voicesGood for Lana Del Rey for helping kill that myth, writes Grace Dent
Sport
The Pipes and Drums of The Scottish Regiments perform during the Opening Ceremony for the Glasgow 2014 Commonwealth Games at Celtic Park on July 23, 2014 in Glasgow, Scotland.
Commonwealth GamesThe actor encouraged the one billion viewers of the event to donate to the children's charity
Sport
Karen Dunbar performs
Entertainers showcase local wit, talent and irrepressible spirit
Sport
Members of the Scotland deleagtion walk past during the opening ceremony of the 2014 Commonwealth Games at Celtic Park in Glasgow on July 23, 2014.
Arts and Entertainment
The Tour de France peloton rides over a bridge on the Grinton Moor, Yorkshire, earlier this month
film
Life and Style
fashion Designs are part of feminist art project by a British student
News
Very tasty: Vladimir Putin dining alone, perhaps sensibly
news
Life and Style
Listen here: Apple EarPods offer an alternative
techAre custom, 3D printed earbuds the solution?
Arts and Entertainment
Top guns: Cole advised the makers of Second World War film Fury, starring Brad Pitt
filmLt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a uniform
News
The University of California study monitored the reaction of 36 dogs
sciencePets' range of emotions revealed
Career Services

Day In a Page

Burgundy, the River Rhone & Provence – MS Swiss Corona - seven nights from £999pp
Lake Maggiore, Orta and the Matterhorn – seven nights from £899pp
Sicily – seven nights from £939pp
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Istanbul Ephesus & Troy – six nights from £859pp
Mary Rose – two nights from £319pp
Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform
Climate change threatens to make the antarctic fur seal extinct

Take a good look while you can

How climate change could wipe out this seal
Should emergency hospital weddings be made easier for the terminally ill?

Farewell, my lovely

Should emergency hospital weddings be made easier?
Man Booker Prize 2014 longlist: Crowdfunded novel nominated for first time

Crowdfunded novel nominated for Booker Prize

Paul Kingsnorth's 'The Wake' is in contention for the prestigious award
Vladimir Putin employs a full-time food taster to ensure his meals aren't poisoned

Vladimir Putin employs a full-time food taster

John Walsh salutes those brave souls who have, throughout history, put their knives on the line
Tour de France effect brings Hollywood blockbusters to Yorkshire

Tour de France effect brings Hollywood blockbusters to Yorkshire

A $25m thriller starring Sam Worthington to be made in God's Own Country
Will The Minerva Project - the first 'elite' American university to be launched in a century - change the face of higher learning?

Will The Minerva Project change the face of higher learning?

The university has no lecture halls, no debating societies, no sports teams and no fraternities. Instead, the 33 students who have made the cut at Minerva, will travel the world and change the face of higher learning
The 10 best pedicure products

Feet treat: 10 best pedicure products

Bags packed and all prepped for holidays, but feet in a state? Get them flip-flop-ready with our pick of the items for a DIY treatment
Commonwealth Games 2014: Great Scots! Planes and pipers welcome in Glasgow's Games

Commonwealth Games 2014

Great Scots! Planes and pipers welcome in Glasgow's Games
Jack Pitt-Brooke: Manchester City and Patrick Vieira make the right stand on racism

Jack Pitt-Brooke

Manchester City and Patrick Vieira make the right stand on racism
How Terry Newton tragedy made iron men seek help to tackle their psychological demons

How Newton tragedy made iron men seek help to tackle their psychological demons

Over a hundred rugby league players have contacted clinic to deal with mental challenges of game