A parliamentary committee is to say today that a tax on increases in land
value could finance the building of thousands of new homes.
will be advised to ensure that the tax is ‘precisely tuned’ before rushing
into legislation, and it will be encouraged to undertake a full cost-benefit
The precise details of the tax, known as a planning gain supplement, are
widely expected to be in this winter’s pre-budget report, the
The idea was put forward a year ago in a report by Kate Barker, a member of
of England’s monetary policy committee, but concerns remain over
how to implement the tax in practice.
Read more on the planning gain supplement
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