Chancellor Puts Science at Heart of Northern Powerhouse Speaking at the Museum of Science and Industry in Manchester where he welcomed Manchester’s selection as European City of Science 2016, the Chancellor today (Monday 8 December) set out how much of the £5.9 billion of investment in science announced in the Autumn Statement last week will […]
Chancellor of the Exchequer’s Autumn Statement 2014 – 16 Things You hould Know The Chancellor has presented the Autumn Statement to Parliament – here’s a summary of what was announced.
Bank of England and HM Treasury Announce Extension of Funding for Lending Scheme This extension will provide lenders with continued certainty over the availability of cheap funding to support lending to small and medium-sized enterprises (SMEs) during 2015, even in the event of stress in bank funding markets.
Future of Tower of London Poppy Display Secured Centrepiece of installation to tour UK for 4 years.
Chancellor to Waive £1 Million VAT on Tower of London Poppies Government will donate amount equivalent to expected VAT receipts from sale of the poppies using some of LIBOR fines collected from banks.
Manchester to Get Directly Elected Mayor Part of radical plans to devolve power and control to cities.
Mortgage curbs ‘will damage housing market recovery outside London’ George Osborne’s cap on borrowings, such as squeeze on loan-to-income ratio, judged a ‘retrograde step’ by experts.
Bank of England gets new powers to curb mortgages to prevent asset bubble Bank of England governor Mark Carney warns rate rise could come as soon as this year.
Currency market rigging could become criminal offence Manipulating bond and commodity markets also might be criminalised as part of government promise to clean up City.
IMF sounds alarm on UK house prices but changes its tune on austerity Christine Lagarde urges government to rethink Help to Buy and says organisation underestimated UK’s recovery.