Consumer-owned ‘banks’ could help ease City crisis – Labour MP

Gareth Thomas MP says Britain must look to the US in order to revolutionalise its financial services and banking cultureIs it possible that the US – the country that gave the world the banking crisis and put “sub-prime lending” into the world’s headlines – could have at least part of the answer to how Britain […]
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Government confirms U-turn on charity tax

George Osborne’s reversal on removing tax breaks for donations is fifth policy climbdown in less than a weekThe chancellor, George Osborne, has announced his third U-turn over his budget this week by scrapping “charity tax” proposals that sought to remove tax breaks from wealthy donors to good causes.The announcement by the Treasury at lunchtime on […]
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