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PBR 2009: Bankers’ bonuses to be taxed

Bonuses paid to bankers that exceed £25,000 are to be subject to 50 per cent tax, says Alistair Darling. Read

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EIS manager convicted of £110,000 fraud

Octopus Investments has said it will not offer any further clarification despite one of its portfolio managers being found guilty of stealing £110,000 from the company. Read

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BoE Financial Stability report issues bank warning 

Banks must extend the maturity of their funding and refinance substantial sums if they are to avoid a ‘less rapid than expected’ recovery, according to the Bank of England. Read

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PBR 2009: VAT to return to 17.5 per cent

The chancellor today confirmed that Value Added Tax (VAT) will return to 17.5 per cent on 1 January 2009. Read

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PBR 2009: Nervous wait for high earners on pension tax changes

Investors earning above £150,000 will hear in today's Pre Budget Report (PBR) how the Treasury plans to implement tax relief restrictions on pension contributions. Read

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