Van Dijkhuizen Committee: lower tax rates with a very long first bracket, fewer tax deductibles and simpler benefits will lead to more jobs
The Van Dijkhuizen Committee advises the government to opt for an improved tax system with lower rates and a very long first bracket, fewer deductible items and simpler benefits. According to the CPB Netherlands Economic Bureau for Economic Policy Analysis, these structural reforms will lead in the long
Read MoreGovernment wishes to sell shares in URENCO
The Dutch government wishes to sell its interest in URENCO, which provides uranium enrichment services for nuclear power producers. The Cabinet has agreed to this intention. The sale of the Dutch shares in URENCO can only take place, when the public interest in terms of non-proliferation, nuclear safety
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Narrow Bank of England vote puts end of interest rate-cutting cycle in sight
Another reduction expected next year but monetary policy committee is deeply divided over inflation prospects Bank cuts rates to 3.75% Business live – latest updates Rachel Reeves has reason to be cheerful. After last month’s budget, the Bank of England cutting interest rates will come as an early
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Bank of England cuts interest rates to 3.75% in pre-Christmas boost for struggling economy
Rate-setters back quarter-point cut after steep fall in inflation and weak economic data but vote remained close Business live – latest updates The Bank of England has cut interest rates by a quarter point, giving a pre-Christmas boost to the struggling UK economy, but a split vote among
Read MoreDutch minister of Finance makes offer for compensation due to the nationalisation of SNS REAAL
The Dutch minister of Finance makes an offer for compensation due to the expropriation of shares and subordinated debt of SNS REAAL and SNS Bank. The offer amounts to €0,- for both the expropriated shares as well as the subordinated debt. Source
Read MoreState of the Netherlands nationalises SNS REAAL
The Minister of Finance, in close consultation with De Nederlandsche Bank (DNB), has nationalised SNS Reaal. Savings deposits of clients are secure and the service provision of SNS REAAL has been safeguarded. The intervention has averted grave threats to financial stability and the economy. Source
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Bank of England cuts UK interest rates to 3.75% in 5-4 voting split – business live
Rolling coverage of the latest economic and financial news, as Bank of England governor Andrew Bailey switches vote – allowing rate cut today UK inflation falls sharply to 3.2% amid slowdown in food price rises Back in the City, shares in hotel group Whitbread have jumped by 5.5%
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Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty
Monetary policy committee, cautious in recent months, expected to respond with cut in interest rates UK inflation falls sharply to 3.2% Business live – latest updates The sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lingering doubt about whether the Bank of England will
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UK inflation falls sharply to 3.2% amid slowdown in food price rises
Drop in November annual rate adds to case for Bank of England cut to interest rates on Thursday Analysis: Inflation drop makes Bank of England early Christmas present to Reeves almost a certainty Business live – latest updates UK inflation fell by more than expected in November to
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Rishi Sunak tells Covid inquiry he was worried about UK’s ability to fund itself
Reflecting on chaos of early pandemic, former chancellor said it was ‘acutely stressful’ to see rising interest bill on government bonds Rishi Sunak was concerned about the UK’s ability to fund itself in March 2020 after the government announced rescue measures costing tens of billions of pounds to
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