This is Budget week in the UK – still a preeminent parliamentary occasion at which the Chancellor of the Exchequer reviews the state of the economy and announces taxes for the year ahead.
In the good old days, Chancellors used to announce tax rates in the March budget to be implemented in the new fiscal year which in the UK, as we know, starts on 06 April. Under Gordon Brown's long tenure at Number 11 Downing Street, however, most tax rates and bands – and in particular those for income tax – were set more than a year in advance and the Budget announcement normally pertained to the following year – although even these can be amended in the Autumn Statement which normally takes place in late November.
by Zak Mir | Trading| 1 mins. to read I take a break from my normal obsession with the minnows to look at a pet favourite on the fundamental front – website ordering specialist, Just Eat (LON:JE.).
by Filipe R Costa | Economics| 5 mins. to read The tone used by the US Federal Reserve to express its attitude towards monetary policy has changed significantly since last December.
by Ruzbeh Bacha | Equities | 4 mins. to read Back in 2014, I conducted analysis on Twitter. It turned out that Twitter ended up going the way of Groupon and Zynga, which has not been great for investors.
by Evil Knievil | Evil Diaries | 1 mins. to read Molins (LON:MLIN) reported last week and, save for the elimination of the dividend, the results were much as expected.
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