Personal tax allowance is to rise by £630 to £8,105 by the end of 2012/13.
This will cost the Treasury more than £4.5bn in total over the next four years.
The cost will be £1.04bn in the first year, then £1.21bn, £1.2bn and £1.23bn by 2015/16.
The application of robotics in finance functions is moving faster than predicted. Although, companies are cautious in how they are applying artificial intelligence to ensure results first, many are stepping up their investigations
EU competition commissioner Margrethe Vestager has defended the decision to order technology giant Apple to pay €13bn (£11bn) in back taxes to the Irish government
Carillion has announced the appointment of a new finance director as it reported a rise in first half profits and sales led by strong growth in its support services business
The UK inflation rate hit its highest level in almost two years in July, suggesting that the sharp fall in sterling following the UK referendum to leave the European Union is forcing prices up