Members of the Bank of
Policy Committee – the people responsible for making interest rate decisions
– voted unanimously to hold UK interest rates at 5.75% earlier this month,
minutes from the most recent MPC meeting have shown.
The minutes showed that MPC members had ‘no firm view’ on whether rates would
need to rise further to cool inflation.
In the past 12 months, rates have gone up five times – most analysts expect
them to rise yet again this year to 6%.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements