osborne

U.K. Chancellor of the Exchequer George Osborne said a European financial tax would hinder growth in the region.
Chancellor of the Exchequer George Osborne said the forecast for U.K. economic growth this year was cut by half as he lowered corporation tax and set out an updated central-bank remit to aid Britain’s recovery.
The U.K.’s opposition Labour Party demanded new economic-crime law to help prevent future financial scandals such as the manipulation of the benchmark Libor rate.