As Brown delivers his pre-Budget Report, fears are growing that Britain will not be able to swing out of its deep financial deficit, despite forecasts from the Treasury that they will swing back into balance.
CSFB chief European Economist Robert Barrie wants a panel of fiscal experts to ‘cross-check’ the authority’s analysis.
‘The Treasury has made large and persistent errors in the past three years. The situation keeps not getting better,’ Barrie told The Guardian. And Liberal Democrat shadow chancellor Vincent Cable thought that a panel of senior economists should meet regularly at the NAO to check public finances.
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