Tag: Chancellor of the Exchequer

Chancellor announces budget that rewards work

Chancellor announces budget that rewards work

Delivering his third Budget, Chancellor of the Exchequer George Osborne, said that it would help those who aspired to do better for themselves and for their families. ‘Britain is going to earn its way in the world’ he said. He promised far reaching tax reform, creating a system that was simple to understand for ordinary [...]

March 21, 2012 | 0 Comments More
Chancellor warns UK at risk if euro collapses

Chancellor warns UK at risk if euro collapses

As the leaders of the European Union’s 27 member states prepare to meet over a possible new EU treaty, the UK’s chancellor George Osborne warned a House of Lords committee that a collapse of the euro would do ‘enormous damage’ to the UK economy. Mr Osborne also stressed that the damage would be long-term. Speaking [...]

December 8, 2011 | 0 Comments More
Chancellor warns recession is far from over

Chancellor warns recession is far from over

Chancellor of the Exchequer Alistair Darling has admitted that 2009 will be a difficult year because the UK is far from through the recession. In an interview with the Financial Times, Mr Darling updated an earlier prediction that the downturn would run its course by the middle of the year. He said the forecast was [...]

January 7, 2009 | 0 Comments More
Chancellor’s Stamp Duty comments compromise house sellers

Chancellor’s Stamp Duty comments compromise house sellers

Chancellor of the Exchequer, Alistair Darling, has been heavily criticised by opposition MPs, housebuilders, estate agents and others, for comments made earlier this week about stamp duty. Speaking on Radio 4’s Today programme on Tuesday, Mr Darling said a suspension of the tax would be included among a range of measures he is considering to [...]

August 7, 2008 | 0 Comments More
Chancellor ponders stamp duty suspension

Chancellor ponders stamp duty suspension

A long-awaited and much petitioned for concession on stamp duty could be in the offing. Speaking on Radio 4′s Today programme, Chancellor of the Exchequer Alistair Darling has said that he will include a possible suspension of the tax among a range of measures he is considering to kick-start the UK’s housing market. However, firm [...]

August 5, 2008 | 0 Comments More
Chancellor threatens FSA regulation of mortgage fees

Chancellor threatens FSA regulation of mortgage fees

Chancellor of the Exchequer, Alistair Darling, has warned the UK’s mortgage providers that they must put their house in order over arrangement fees. The average fee paid is now over £800, up from £441 in 2005. Charges of around £1,000 are commonplace for a fixed-rate loan and some products, which carry arrangement fees based on [...]

June 24, 2008 | 0 Comments More