close

Practice

Business

Tax

Technology

Regulation

Resources

Rankings

Advertise With US

    Information

    Budget 08: Northern Rock will not affect fiscal policy

    Budget 08: Northern Rock will not affect fiscal policy

    Nationalisation of Northern Rock kept off balance sheet until ruling from ONS

    Author Date published March 12, 2008 Categories

    The Treasury claimed it has been possible to exclude the effect of the
    nationalisation of Northern Rock from this year’s balance sheet because it is
    still awaiting a formal ruling from the Office of National Statistics.

    But officials made it clear that UK fiscal policy will not be determined on
    the basis of debt figures resulting from an event which would have no long term
    effect. Alistair Darling said that would ‘make no sense’.

    Share

    Subscribe to get your daily business insights

    Get the latest analysis and reports delivered to your inbox daily

    Resources & Whitepapers

    Resources & Whitepapers

    The importance of UX in accounts payable: Often overlooked, always essential
    AP

    The importance of UX in accounts payable: Often overlooked, always essentia...

    2m Kloo

    The importance of UX in accounts payable: Often ov...

    Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

    View article
    The power of customisation in accounting systems
    Accounting Software

    The power of customisation in accounting systems

    2m Kloo

    The power of customisation in accounting systems

    Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

    View article
    Turn Accounts Payable into a value-engine
    Accounting Firms

    Turn Accounts Payable into a value-engine

    3y Accountancy Age

    Turn Accounts Payable into a value-engine

    In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

    View resource
    8 Key metrics to measure to optimise accounts payable efficiency
    AP

    8 Key metrics to measure to optimise accounts payable efficiency

    2m Kloo

    8 Key metrics to measure to optimise accounts paya...

    Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

    View article

    Related Articles

    Ten Budget predictions from the MHA tax partners
    Budget

    Ten Budget predictions from the MHA tax partners

    2m MHA

    Ten Budget predictions from the MHA tax partners

    As we get closer to the Budget and there is talk of public spending reduction to fund his proposals, we think a cut by the Chancellor to the headline ...

    View article
    Tech leaders debate AI skills shortage in Parliament
    Business

    Tech leaders debate AI skills shortage in Parliament

    2m Rachael King

    Tech leaders debate AI skills shortage in Parliame...

    Technology industry leaders are pressing the government for substantial investment to prepare the next generation with essential digital and AI skills...

    View article
    Jeremy Hunt hints at further tax cuts at Davos: What accountants need to know
    Budget

    Jeremy Hunt hints at further tax cuts at Davos: What accountants need to kn...

    3m Rachael Kennedy

    Jeremy Hunt hints at further tax cuts at Davos: Wh...

    UK Chancellor Jeremy Hunt has hinted at the possibility of further tax cuts in the upcoming spring Budget, during his time at the World Economic Forum...

    View article
    COP28: Accounting bodies call for action on climate-related reporting disclosures
    Accounting Standards

    COP28: Accounting bodies call for action on climate-related reporting discl...

    5m Rachael Kennedy

    COP28: Accounting bodies call for action on climat...

    Effective corporate reporting on sustainability will prevent greenwashing issues and deliver more data for better implementation of climate policies R...

    View article
    Accounting firms disagree on future of CGT as General Election looms
    Budget

    Accounting firms disagree on future of CGT as General Election looms

    7m Greg Noble

    Accounting firms disagree on future of CGT as Gene...

    CGT receipts have increased by over 100% in the past five years and reached a record level of £18bn in the last year alone, and a further 18% increase...

    View article
    Significant work required by government to gain trust of businesses again, experts says
    Business

    Significant work required by government to gain trust of businesses again, ...

    9m Greg Noble

    Significant work required by government to gain tr...

    The Office for National Statistics reported that inflation in the UK dropped to 7.9% in June Read More...

    View article
    Tory MP: IR35 has become ‘Frankenstein’s monster’
    Contracting

    Tory MP: IR35 has become ‘Frankenstein’s monster’

    9m Sam Alberti

    Tory MP: IR35 has become ‘Frankenstein’s monster’

    According to the senior Conservative, the Tory party must have one eye on the next general election in deciding the future of the off-payroll working ...

    View article
    Business owners need certainty to encourage them to retain UK businesses, experts say
    Business

    Business owners need certainty to encourage them to retain UK businesses, e...

    10m Greg Noble

    Business owners need certainty to encourage them t...

    23% of business owners having hastened their plans to either sell or wind down their businesses Read More...

    View article