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ECONOMICS


A detailed report by Lexis®+ UK Tax.

With the former chancellor on record as saying he wanted to unveil a tax-cutting Budget, the outlook for Rishi Sunak’s first Budget is even more uncertain, as David Smith explains.

The chancellor spends the fiscal windfall on increased NHS spending, writes John Hawksworth (PwC).

2016 should see reasonable growth and a gentle upturn in inflation. The Bank of England may hike interest rates. But the big issue is the EU referendum, as David Smith reports.
 

Giorgia Maffini (Oxford University Centre for Business Taxation at Saïd Business School) reviews the coalition’s extensive reforms for making the UK attractive for foreign direct investment and mobile profits, and illustrates to what extent these have succeeded
 

The election is the big event this year, and the outcome is unpredictable. Arguments about tax will feature heavily in the campaign, as David Smith reports

Interest rates are not going up just yet, but the Bank of England is preparing the ground for the first move in many years, as David Smith reports

The cut in the top rate of income tax from 50% to 45% set up a tax avoidance opportunity. The numbers suggest plenty took advantage of it, David Smith reports

 The budget deficit is coming down, but more slowly than hoped. The weakness of corporation tax receipts is a prime cause, as David Smith reports

John Hawksworth analyses the likely economic impact of the Budget

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