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All Budget articles – Page 5
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OnlineStamp duty changes could net Treasury £500m
Lower growth forecasts, due to lower productivity, may look like gloomy news for retailers if it translates into lower wage growth and weaker consumer spending, but continued optimism around employment growth is good news for future demand for office space.
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OnlineHousebuilders cheered by Budget
Britain’s top share index rose on Wednesday as oil and gas stocks and housebuilders rallied on the back of proposals in chancellor George Osborne’s annual budget statement.
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OnlineBrexit & Budget the talk of Mipim
Just like the weather at Mipim, George Osborne’s latest Budget was a mixture of sunshine and gloom.
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Crackdown on tax paid by offshore firms
Legislation is to be introduced to ensure that offshore property developers working in the UK pay the same percentage of tax on their profits as UK-based firms.
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OnlineMixed bag of business rates reforms included in Budget
George Osborne received a mixed reaction to a raft of changes to business rates announced in today’s Budget.
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OnlineBudget boost for Crossrail 2
A government contribution of £80m was announced in today’s budget to allow plans for the north-south Crossrail 2 project in London to proceed.
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OnlineHS3 gets government backing
The proposed High Speed 3 rail link between Manchester and Leeds received a £60m boost in today’s budget.
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OnlineIndustry slams increase in commercial stamp duty
George Osborne has angered the industry with a shock increase in stamp duty on higher value commercial properties, which landlords and advisors claim will slow growth and could potentially damage the government’s devolution drive.
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OnlineOsborne deals 'huge blow' to private rented sector
George Osborne has scrapped plans to exempt large investors from the additional 3% stamp duty that is to be imposed on the purchase of second homes, in a move that is likely to hit the nascent build-to-rent sector.
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OnlineOsborne confirms devolution deals
George Osborne has today confirmed plans for a £1.5bn devolution deal for Edinburgh, along with a clutch of other deals to devolve powers and funding to regional cities.
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OnlineCrossrail 2 and HS3 to be backed in budget
Two major rail projects are set to receive formal backing from George Osborne in tomorrow’s Budget announcement.
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OnlineCardiff authorities sign £1.2bn city deal
A £1.2bn city deal designed to stimulate economic growth across South Wales has been agreed.
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OnlineBlack Country to get largest ever garden city
The Black Country is set to get 45,000 new homes under plans for a new garden city in the region, and is seeking £6bn of investment across 550 sites.
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NewsBiggest deal yet: Osborne to set out plans for £1.5bn Edinburgh devolution agreement
George Osborne is expected to lay out the framework for a £1.5bn devolution deal for Edinburgh in next week’s Budget, in what would be the biggest city deal so far.
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Councils to trial brownfield land register
The government has unveiled a list of 73 councils that will pioneer the use of a new initiative aimed at speeding up development on brownfield land.
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ProfessionalPension tax changes: action points for employers
Some employers may still be trying to work out what action to take over their ‘high earners’.
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OnlineOsborne unveils new drive to sell off public sector land
The chancellor has committed to releasing public sector land with capacity for 160,000 homes by 2020, representing a more than 50% increase on the last parliament
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London buyers get turbo-charged Help to Buy
The government will provide equity loans to cover up to 40% of the price of homes in London, under an extension of the Help to Buy scheme unveiled by George Osborne today.
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OnlineOsborne drops buy-to-let stamp duty bombshell
George Osborne has announced a crackdown on the buy-to-let market with a new 3% stamp duty to be levied on the purchase of additional properties.
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OnlineLocal councils to keep all receipts from asset sales
Local councils will be able to keep 100% of the receipts from assets they sell, including property, to spend on improving services in their area, the chancellor has said.
