British Chancellor of the Exchequer George Osborne (L) speaks during a press conference at the conclusion of the International Monetary Fund (IMF) mission for the 2013 Article IV Consultations with the United Kingdom in central London, on May 22, 2013. The International Monetary Fund on Wednesday urged Britain's government to adopt a 'clear' plan to sell its stakes in state-rescued lenders Royal Bank of Scotland and Lloyds Banking Group, but warned it may first need to inject more capital.
Companies should know who owns them. Believe it or not a lot of companies do not know who owns them and that's a huge opportunity for tax evasion
I think we have made more progress in the last 24 hours than I think people have made in at least 24 years in this space.
You're going to see concrete achievements today on changing the international rules on taxation, so individuals can't hide their money offshore and companies don't shift their profits away from where the profit is madeMore quotes »
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Five questions answered on the Parliamentary Commission on Banking Standard’s report
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George Osborne’s Mansion House minefield
Osborne is expected to respond to the Parliamentary Commission on Banking Standards’s final report in his Mansion House speech this evening. The report is hefty and packed with recommendations, but there are two areas where the Chancellor will find himself 5:39 AM from Spectator Magazine Read more »
Chancellor needs to prioritise infrastructure investment
George Osborne will stand at the dispatch box and is expected to announce further cuts to public spending. These are incredibly tough decisions for any person to make. Get it right and growth can strengthen, get it wrong and the fragile recovery could be undermined. 5:27 AM from Wales Online Read more »
Will Osborne sweep 'damning' banking report under carpet?
George Osborne is likely to offer fine words about a damning report on British bankers in tonight's keynote Mansion House speech, then shelve its findings, says former City Minister Lord Myners. In the past, reports detailing the excesses of British bankers 4:44 AM from The First Post Read more »
UK & World News: Morning news headlines for June 19, 2013
to spell out bank plans George Osborne will shed light on his plans for the state-owned banks today amid fresh pressure to split up Royal Bank of Scotland (RBS). The Chancellor is expected to use his annual Mansion House speech to suggest that a sell-off of 3:54 AM from Liverpool Daily Post Read more »