Britain will be advised to sell off the state's holdings in the Royal Bank of Scotland and Lloyds Bank by the International Monetary Fund (IMF) in a move that will embolden George Osborne as he attempts to justify his economic strategy.
The annual rate of inflation eased to 2.4 per cent last month, thanks to falls in petrol prices and air fares, the Office for National Statistics reported yesterday.
U.S. Senate scrutiny of Apple Inc.'s tax strategies turned the spotlight on a unit with $30 billion in profit since 2009 that's incorporated in Ireland, controlled by a board in California, and doesn't pay taxes in either place.
Fiat Industrial aims to move its tax residency to the UK from Italy after a merger with US business CNH to take advantage of a lighter fiscal regime, according to a regulatory filing.
THE boss of the Royal Mail claims privatising the postal giant is the only way it can thrive. Moya Greene said a sell-off was vital to attract investment.