Chancellor George Osborne raised the income tax threshold to 7,475 pounds from 6,475 pounds in his emergency budget on Tuesday. Read More >
Broadly speaking there's some bad news for virtually all of us, but no great surprises. Read More >
Treasury Chief Secretary, Danny Alexander, yesterday announced plans to cancel 12 projects worth £2billion, and suspend a further 12 projects, worth £8.5billion, pending review. Read More >
The new prime Minister has announced that at least 300,000 Whitehall and other public sector workers may lose their jobs as part of the coalitions plan to reduce the £156 billion budget deficit. Read More >