He also hit out over the governments borrowing claims adding that after the last election, Brown claimed the country would be borrowing just £10bn, which has now risen to £37bn. This was at a time when the government was taking 50% more in tax since they came to power.
Letwin also expressed concern over the changes to the measurement of inflation, saying it put at risk the robust monetary policy that had helped the country tough out global recession.
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