A survey of 25 economists by AFP was almost unanimous in predicting the rate would increase, following a number of reports which showed an increasing rosy economic picture.
Earlier this week, BDO’s output index of gross domestic product – an indicator of economic health – reached its highest level in a decade, up from 100.8 in January this year to 101.4 last month,
But the decision was complicated by a fall in consumer price inflation to 1.1% year-on-year in March, coming ‘perilously close’ to the 1.0% level that would require a letter of explanation by the Bank to the Treasury.
The Bank has been mandated by the Treasury to keep inflation as close to 2% as possible.
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