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
George Osborne’s Budget measures took attention away from the state of the public finances. There is a long way to go before they are back to health, David Smith writes
George Osborne’s deficit reduction programme looked to have stalled just a few months ago. Recent evidence suggests it is starting to get back on track, David Smith writes.