OECD says Chancellor will have to raise taxes
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GORDON BROWN faces having to raise taxes or cut spending to curb burgeoning public borrowing, the Organisation for Economic Co-operation and Development said yesterday.
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Council tax is to rise by 4.2% across England and Wales, according to a study commissioned by the BBC.
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The UK's public finances see record tax receipts, boosting the chancellor's hopes of meeting fiscal targets.
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GORDON BROWN will insist this week that he will meet his fiscal rules without extra taxes or spending cuts. In a pre-budget report on Thursday that will focus on the long-term challenges for the UK economy
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The OECD warns the UK economy may slow because of the credit crunch, forcing the Bank of England to cut rates.
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Chancellor expected to make small concession by introducing a lower rate for entrepreneurs
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Council tax in Scotland is set to rise by an average of about 4% in the coming year, BBC Scotland has learned.
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European finance ministers clashed over German Chancellor Gerhard Schroeder s plea for looser budget rules, with Austria and the Netherlands warning that wider deficits would push up inflation and interest ...
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The British Chancellor of the Exchequer, Gordon Brown, says he will complain to the European Union this week over its allocation of government contracts.
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Chancellor Gordon Brown is in danger of breaking his economic "golden rule" because forecasts for tax revenues are too optimistic, a report says.
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British Chancellor of the Exchequer Gordon Brown warned Friday that a weak growth in the 25-member European Union bloc is endangering the global economy.
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Chancellor of the Exchequer Alistair Darling on Thursday heeded the calls of small businesses by amending controversial reforms to company tax rules due to begin in April.
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The UK is in danger of being less competitive because of its complex tax regime, Ernst & Young warns.
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Chancellor Gordon Brown was today preparing for this weekâs vital Pre-Budget Report against a backdrop of dire warnings from business groups and economists
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The Chief Medical Officer for England says alcohol tax should be increased to protect people's health.
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Gordon Brown will put increased investment in the country's schools and higher taxes on polluters at the centre of his pre-budget report, a curtain-raiser for next year's budget, reports said.
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The Institute of Directors claims the Government's taxation policies are damaging the UK economy.