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It’s not just bankers seeking a way round bonus tax
Fund managers, stockbrokers, and even some financial advisers will be hit by the new 50 per cent levy on “bankers’” bonuses

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Tax avoidance and evasion come under fresh assault
Tax avoidance and evasion are under siege as the government has introduced a range of measures to clampdown on both practices.

Recovery doubts allayed as growth hits 4-year high
LONDON (Reuters) - Britain’s economic recovery raced ahead from April to June as the biggest jump in construction in half a century and a surge in services propelled growth at its fastest pace in four years.

Energy efficiency
A boiler scrappage scheme and an exemption of all electric cars from company car tax for five years are part of a range of green measures to encourage consumers and businesses to become more energy efficient

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Chancellor closes two inheritance tax loopholes
The inheritance tax (IHT) nil rate band is to be held at 325,000 in 2010, while the elimination of two loopholes in IHT rules may result in closer scrutiny of funds that are transferred into trusts used for IHT purposes.

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Top bankers destroy value, study claims
Bankers should count themselves lucky they are being hit by a mere 50 per cent additional tax on bonuses, a report argues, because their benefit to society is negative

Energy efficiency
A boiler scrappage scheme and an exemption of all electric cars from company car tax for five years are part of a range of green measures to encourage consumers and businesses to become more energy efficient

Banks withdraw fixed rate saving deals
Banks and building societies are withdrawing many of their best savings deals, with fixed-rate products disappearing the fastest.

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Mortgage approvals and lending to firms slip
LONDON (Reuters) - Lending to firms contracted for a third consecutive month in May and major banks approved fewer mortgages in June, according to figures from the Bank of England that provide further evidence the housing market is flagging.

Jobless claims fall as part-timers hit record high
LONDON (Reuters) - The number of people claiming jobless benefit fell to its lowest in more than a year in June, while the number of people in work jumped the most in almost four years, official data showed on Wednesday.

It’s not just bankers seeking a way round bonus tax
Fund managers, stockbrokers, and even some financial advisers will be hit by the new 50 per cent levy on “bankers’” bonuses

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Homebuyer loans hit 22-month high
The number of mortgages provided to homebuyers has reached its highest level for 22-months, according to the Council of Mortgage Lenders (CML)

Investors take fright at ‘fiscal fiction’
Investors took fright at the perceived timidity of the government’s plans to balance the books with one of the biggest sell-offs of British gilts this year

XE.com - MONEY MARKETS-Interbank dollar rates fall on Fed economy view

Battle looms over BA pensions
British Airways signalled the start of a protracted battle with the Pensions Regulator over the price tag on its retirement obligations, the outcome of which will be crucial to its tie-up with Spain’s Iberia

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40 per cent tax to hit more middle-income taxpayers
Hundreds of thousands more taxpayers could be drawn into the 40 per cent income tax band over the next few years, accountants say, following a freeze on the higher-rate threshold and personal allowances in Alistair Darling’s pre-Budget report (PBR) this week