Speaking at the Finance Directors’ Forum, held on the cruise ship Aurora, Letwin told the attending FDs that the Labour government has led to the appointment of 300,000 public sector staff who are ‘put hard at work behind desks producing paper’.
These workers are helping to implement ’15 new regulations per working day over the last six years,’ he said. ‘You don’t just get extra regulation, it costs an enormous amount’.
Letwin says the Conservatives believe the government is ‘active’ in being ‘counter-productive against productivity’.
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