The world will be one big tax haven
Article Abstract:
The end of exchange controls has meant that fund managers could choose locations more easily, and international capital flows increased. Countries can increase their stakes in the world savings market by reducing taxes on savings. Major accounting firms list countries in terms of low tax rates for residents and willingness to pay interest and dividends free of tax to non-residents. Some analysts argue that savings should not be taxed when they come from income that has previously been taxed. Taxes on savings are falling, but taxes on consumption and labor are likely to increase.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Are we paying to live in rip-off Britain?
Article Abstract:
Those who claim that UK supermarkets are making very large profits at the expense of ordinary consumers have failed to take into account the impact of the rising value of the pound. It is not really fair to compare a basket of goods from a UK supermarket directly with a basket of the same goods from a French supermarket and to use this as a basis for claiming that French supermarkets offer better value than their UK counterparts. Any comparison must be based on a sample of a very wide range of goods in many different locations.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1998
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Kenneth Clarke 1, Treasury 1
Article Abstract:
The UK government receives little credit for the recovery of the economy after the altered monetary policy following Black Wednesday. It cannot claim praise for the large fiscal boost because it occurred partly through the rise in social security payments. Chancellor of the Exchequer Kenneth Clarke announced the usual Treasury aims in his Mansion House speech, but announce his support of Midlands manufacturers. His father was a Nottingham miner and he grew up in the industrial Midlands and has a Midlands seat.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1993
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