Osborne's position is safe, insists Downing Street: No 10 dismisses talk of Hague moving in as Chancellor Downing Street guaranteed George Osborne will stay in his job until 2015Some Tories called for William Hague or Philip Hammond to take the positionTory high command is quietly encouraged by positive signs in the economySource said that the more you criticise Cameron's team the less likely he is to change it PUBLISHED: 00:13 GMT, 1 April 2013 | UPDATED: 02:13 GMT, 1 April 2013 Downing Street guaranteed George Osborne will stay in his job until 2015 last night as the Treasury hailed a new corporation tax cut as a way to boost the faltering economy.
Budget 2013: Corporation tax slashed to 20% and ALL firms to get 2,000 National Insurance cut to boost business and encourage small companies to hire staff Chancellor has already slashed the headline tax rate from 28% to 24%Due to fall to 23% next month, 21% in April 2014 and now 20% in 2015But some bosses believe it should be cut lower than the 12.5% in Ireland Employers' NI contributions will be reduced by 2,000 for every company /13″ class=”blkBorder” /> Going down: This graph from figures on the Institute for Fiscal Studies website shows how the standard rate of corporation tax has dropped from 34 per cent in 1990/91 to 24 per cent in 2012/13 Announcing the cut to 21 per cent in the Autumn Statement last December, Mr Osborne said it was ‘the lowest rate of any major western economy’. He added: ‘It is an advert for our country that says come here, invest here, create jobs here. Britain is open for business.’ Tax experts said a further cut could be on the way in the Budget
Recovery is in sight, says Sir Mervyn: Bank of England chief gives Chancellor a boost ahead of the Budget By Becky Barrow and Hugo Duncan PUBLISHED: 01:20 GMT, 15 March 2013 | UPDATED: 01:20 GMT, 15 March 2013 The Bank of England's governor said last night that the 'recovery is in sight' in a boost for the Chancellor ahead of his Budget next week. In a rare television interview, Sir Mervyn King said Britain's anaemic economic growth is finally drawing to an end following the long and painful downturn. It comes at a time of growing fears that the country could be heading for a triple-dip recession, but his comments suggest any further slump will be short-lived.
Profits up 11 per cent but British Gas plans another price increase… as bosses line up a 10million windfall Company profits for 2012 soared to 606million But price rises for 12million customers could come as early as next winter have soared by 11 per cent on the previous year to 606million.
Now find Cardinal Wolsey! After remains of Richard III were found, the undiscovered bones of Henry VIII's Lord Chancellor are next on the historic wish listChurchman is known to have also been buried in Leicester's abbey in 1530Historians think his tomb was destroyed later in Henry VIII's reignAttempts to locate Wolsey's remains in 1820 and the 1930s drew blanks By Leon Watson PUBLISHED: 02:21 GMT, 14 February 2013 | UPDATED: 02:27 GMT, 14 February 2013 The successful search for the skeleton of Richard III has prompted calls for a fresh bid to locate the remains of another major historical figure buried in Leicester. Cardinal Thomas Wolsey is known to have been buried at the city's abbey in 1530, but his bones have remained undiscovered. The churchman, Henry VIII's Lord Chancellor, died at the abbey while travelling to London after being accused of treason when he failed to secure the annulment of the king's marriage to his first wife Catherine of Aragon
Labour surges 12 points ahead in polls to biggest lead over the Tories in a decade as women voters desert David Cameron ICM/Guardian: Labour 41%, Conservatives, 29%, Lib Dems 13%, UKIP 9%Female voters deserting Tories for Labour – 26% more would vote for themIn/out referendum promise has not stopped UKIP gaining votesLabour lead despite lack of faith in Ed Miliband as leaderOnly 18% asked thought him 'good in a crisis' – half PM's rating By Martin Robinson PUBLISHED: 11:44 GMT, 12 February 2013 | UPDATED: 14:04 GMT, 12 February 2013 Labour has surged to its biggest lead over the Tories in the polls for a decade as female voters continue to desert the Prime Minister. If a General Election was held today Ed Miliband's party would probably secure 41 per cent of the vote while David Cameron's Conservatives would get 29 per cent – down four per cent in a month
Cameron's deficit boast is misleading, says senior Tory as he calls for new cuts to boost economy John Redwood says national debt is still rising fastPrime Minister is in danger of 'misleading' the publicDeeper cuts to both taxes and spending needed, he argues By Jason Groves PUBLISHED: 01:59 GMT, 1 January 2013 | UPDATED: 01:59 GMT, 1 January 2013 John Redwood says David Cameron is misleading the country by claiming to have slashed the deficit David Cameron is ‘misleading’ the public by bragging about having slashed the nation’s budget deficit, a former Conservative Cabinet minister said yesterday. John Redwood said the boast – repeated in the PM’s New Year message – risked fooling people into thinking that the nation’s debt was coming under control at a time when borrowing is still running at more than 100billion a year, because many voters did not know the difference between the debt and the deficit.
'Europe will fail if struggling countries cannot leave euro', warns grandson of man behind the EUStephan Werhahn has quit the pro-euro Christian Democratic UnionHe is standing as a candidate for a eurosceptic partyClaims German bailout policies do not honour his grandfather's views | UPDATED: 18:24 GMT, 26 December 2012 The grandson of a statesman seen as the architect of the EU has warned that 'Europe will fail' if debt-stricken countries are forced to stick with the euro. Stephan Werhahn quit the Christian Democratic Union, which was founded by his grandfather Konrad Adenauer, to switch to a eurosceptic party.
Bank reforms 'won't shield taxpayer from another crisis': Embarrassment for Osborne as report warns shake-up 'falls well short' Parliamentary Commission: Plans to separate banks' risky investment arms from high street operations may not be 'adequate'Banks accused of 'culture of culpable greed' Tougher sentences may be introduced for some financial offences | UPDATED: 00:04 GMT, 21 December 2012 Sweeping reforms planned for Britain’s biggest banks will not be enough to protect taxpayers from another financial meltdown, a commission of MPs and peers will say today. In an embarrassment for Chancellor George Osborne, their report will warn that his proposed shake-up ‘falls well short of what is required’. Accusing banks of a ‘culture of culpable greed’, the Parliamentary Commission on Banking Standards will say plans to separate banks’ risky investment arms from their high street operations may not prove ‘adequate’