Alistair Darling has called for more transparency from financial institutions
that have made risky investments.
Speaking at the opening of
the Labour Party
conference, the chancellor, responding to the crisis at Northern
Rock, said banks needed to be supervised more closely and made to disclose risk
in more detail.
‘We need effective regulation in international markets and far greater
openness to prevent risky investments being hidden off balance sheet,’ Darling
was quoted as saying in the Times.
Darling said governments should not he held responsible for risky decisions,
made by executives, that went wrong.
"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
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
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed