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Osborne warns of austerity as UK faces trying times

Bloomberg U.K. Chancellor of the Exchequer George Osborne started the week of his eighth budget by warning that he must set out more austerity measures as economic conditions remain difficult. “My message in this budget is that the world is a more uncertain place than at any time since the financial crisis,” Osborne told the BBC’s “ Andrew Marr Show” ...

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Chancellor plans to crackdown on UK off-payroll tax evasion

Bloomberg U.K. Chancellor of the Exchequer George Osborne will use the budget he unveils on Wednesday to announce a crackdown on the use of personal-service companies to avoid taxes. The measures will require people hired off-payroll to pay employment taxes that are due, according to a government official briefed on the matter who declined to be identified in line with ...

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Social democrat leaders to map EU’s future

Paris / Bloomberg French President Francois Hollande hosted a dozen EU social democrat leaders who called for a relaunch of the European project to stop the growth of the far-right. Those attending the informal gathering included Italian Prime Minister Matteo Renzi, German Vice-Chancellor Sigmar Gabriel and Greek Prime Minister Alexis Tsipras who, representing the radical leftist Syriza party, was granted ...

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