Tax payers hold highest stake in RBS
Last week RBS held talks with shareholders to try and get £15 billion in new shareholding plans. With shareholder rejecting this bid the government had to step in to Nationalize the bank with a £37 billion bail out package, which would leave 60% of the bank in the governments hands. Royal bank of Scotland is [...]
Massive savings for the poor
In the pre budget report by chancellor Alistair Darling, he proposes to get the poor saving again with this he makes plans for the poor to be able to save with a massive incentive, he plans to have a two year plan with special saving accounts. These accounts will be made available to up to [...]
Darlings massive tax cuts
Alistair darling today revealed plans to kick start the economy with massive tax cuts all across the board. fears are he’s spending now and we all have to pick up the pieces later, with National insurance set to rise by 0.5% to pay for the massive £20 billion national bail out. The cuts that were [...]
Gorden Brown’s proposed tax relief
Gorden Brown and chancellor of the Exchequer Alistair Darling are in heated talks over an extremely large tax relief. The tax relief is said to be in the region of about 30 billion pounds, about 2 per cent of the value of the British economy. This tax give away is said to be subsidized from [...]
