Financial regulators issue fines worth £2.45bn for misconduct

Companies who are found guilty of financial misconduct are being served with more fines than ever before, with a 271 per cent increase in penalties over the last 24 months.

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HMRC sends out tough message on overseas wealth

New systems will make it almost impossible to hide money in other countries, officials from HM Revenue & Customs (HMRC) have said.

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Osborne states that ‘difficult decisions’ will be made to tackle budget deficit

Following his decision to scrap planned changes to tax credits, Chancellor George Osborne has stated that other steps will have to be taken in order to eradicate the budget deficit before the next election.

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Meat tax could combat climate change and improve people’s health, says report

Taxing meat in order to improve public health and tackle climate change would not leave the unwelcome taste in people’s mouths the Government thinks, a leading international think tank has claimed.

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State pensions are set to increase as part of Budget changes

According to the Treasury, millions of pensioners can expect to see their spending power boosted to its highest level for 25 years.

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City University: UK budget deficit could reach £40bn by 2020

The Treasury has been accused of underestimating how much of an impact planned cuts to welfare and central Government department budgets will have on the economy.

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McDonnell calls for a “high-wage productive economy”

Shadow Chancellor John McDonnell has outlined his case for a “new economics” ahead of next week’s Spending Review.

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After-hours work in the UK contributes more than £240bn to the economy

According to recent research from Sage, UK workers have been responsible for adding an extra £240 billion to the economy from the overtime hours they have worked.

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More than 55,000 businesses took advantage of government broadband voucher scheme

More than 55,000 small and medium businesses (SMEs), employing up to one million people across the UK, have taken advantage of a Government scheme to boost their broadband connectivity, new figures show.

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Dairy support payments coming early

European Union support payments have started arriving two weeks earlier than normal to help hard-pressed dairy farmers with their cash flow, according to an announcement by farming minister George Eustice.

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