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...Jeremy Hunt is targeting cutting another 2p off national insurance in a pre-election September mini-Budget that would allow the Conservatives to boast they had halved the rate of the tax in a single year...
...Hunt told the FT: “Last year the law changed in the financial services market and [the FCA] have a secondary growth duty....
...But you go to the office, and it’s like, whatever it is, the sixth-biggest company in the world or whatever by market cap, or it’s somewhere in there, and you go to this office in Omaha and it’s like, it...
...But none of these have (rightly) persuaded the Office for Budget Responsibility to change its view of the economic future in any significant respect....
...domestic and international law....
...breaking international law....
...martin.sandbu@ft.com...
...Fortunately, the Office for Budget Responsibility has done so and come out sceptical: it has lowered its estimate of the medium-term potential rate of growth of the economy to 1.6 per cent, down from a previous...
...Ben Russon, co-head of UK equities at asset manager Martin Currie — part of the Franklin Templeton empire — says a number of things have gone right to turn the mood around....
...The Rebuilding Economic Prosperity and Opportunity for Ukrainians Act (the text of which you can read here) inserts, as part of the bigger funding bills, a sharpening of US law on the government’s ability...
...On stability, Reeves intends to maintain the mandate of the Bank of England and strengthen that of the Office for Budget Responsibility....
...For starters, as much as possible, he should preserve the limited fiscal “headroom” that the Office for Budget Responsibility will probably give him....
...The remainder is the incremental cost of flights that were associated with a Lockheed Martin business purpose, including the incremental cost of (i) travel to the Company’s headquarters for business purposes...
...This is known as “Stein’s law”, after the late Herbert Stein, former chair of Richard Nixon’s Council of Economic Advisers....
...The government sends its policy plans to the independent Office for Budget Responsibility, which forecasts how the resulting public finances measure up against a set of fiscal rules — established by the...
...Yet in the economy — as in the movies — the ceiling’s descent can be halted. Its trajectory depends on what the main actor does, chancellor Jeremy Hunt in this case....
...The Tax Law Review Committee of the Institute for Fiscal Studies has said parents hit by the charge who earn between £50,000 and £60,000 have effective tax rates for income tax and national insurance of...
...“The way Martin thinks about interiors is very romantic,” says the American actress Dianna Agron, a client of Brûlé’s in New York....
...The UK government borrowed less than expected in December, in a boost to chancellor Jeremy Hunt’s efforts to cut taxes ahead of this year’s expected general election....
...The expansion of Spain’s gross domestic product in the first three months of the year from the previous quarter was above the 0.4 per cent forecast by economists, confirming the country’s place as one of...
...In a critical report, the Office for Environmental Protection on Thursday said most of the pollution in England’s waterways could be addressed through the water framework directive, in place for two decades...
...And we will also put in place a plan to realise the tens of billions of savings recommended in an excellent speech by the Head of the National Audit Office....
...martin.wolf@ft.com Follow Martin Wolf with myFT and on Twitter...
...plus the Horizon-Post Office compensation scheme....
...Adam Glapiński, who was appointed by the rightwing Law and Justice (PiS) party, told the Financial Times he had “nothing to hide” and was “of course” ready to defend his actions before a state tribunal if...
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