A further interest rate rise should be expected as early as the Autumn
despite borrowers being crippled by five increases in the last 12 months.
governor Mervyn King warned of the precarious state of family finances as
personal debt reached £1.3tn.
Despite this his hand is likely to be forced by rising oil and food prices
pose that pose an inflationary threat.
Bank’s Monetary Policy Committee has to set interest rate policy to ensure
inflation is in line with the government’s target of 2% – the Consumer Prices
Index measure of inflation hit 3.1% in March, its highest figure for a decade.
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