Northern Ireland will be impacted least of all UK regions during the
recession, according to PricewaterhouseCoopers.
PwC says the province’s economy is likely to go backwards by three per cent,
but unemployment will not climb as high as in other parts of Britain.
Its report points out that unemployment, at five per cent, is still well
below the broader UK average of 6.3 per cent. It notes that its recent decline
in house prices – which plunged 34 per cent in 2008 – shows signs of abating
Northern Ireland has benefitted from a decline in the Sterling against the
Euro, which has boosted sales to consumers from the Republic.
Does Darwin's theory apply to taxation? Colin ponders...
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
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
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy