George Osborne

Non-residents will have to pay capital gains tax (CGT) on residential property sales in the UK from April 2015, reversing the current rule, George Osborne announced today.

The Chancellor George Osborne said the "great recession" seen after the global financial crisis in 2008 had an even more detrimental impact on the UK economy than previously forecast.

The Chancellor has cut the UK's borrowing levels substantially in the Autumn Statement, substantially revising down March's forecast.

The UK's surprise economic recovery looks on course to continue as Chancellor George Osborne raised his forecast for UK growth over the next few years.

Howard Archer, chief UK and European economist at IHS Global Insight, has tipped Chancellor George Osborne to up the UK's GDP growth outlook and reveal a reduction in the deficit next week.

The Chancellor George Osborne is expected to step back from plans to break-up the Royal Bank of Scotland (RBS) amid an expected outcry from some shareholders.

The Chancellor, George Osborne, has announced he will give his annual Autumn Statement to parliament on 4 December 2013.

The second part of the Help to Buy scheme will be available from next week after the government brought forward the launch date by three months.

The future of the UK economy may not be as bright as some have predicted, with the weakest recovery in 'industrial history' limiting annual growth to 1% in the longer term, according to a thinktank.

The economy is "turning a corner", Chancellor George Osborne is expected to say in an upbeat speech later today.