The Government today announced that Michael Foot, currently Chairman of the UK office of Promontory Financial Group, will lead the independent review of British offshore financial centres announced at Pre-Budget Report 2008. The review will look at the immediate and long-term challenges facing British offshore financial centres in the current economic climate, including:

financial supervision and [...]

How will the Pre-Budget Report affect your business?
The Chancellor gave his Pre-Budget Report on 24 November 2008.
Read the report and further information on the HM Treasury website - Opens in a new window.
The main points of interest for businesses are as follows.
Economic outlook
Gross domestic product (GDP) is forecast to grow by 0.75 per cent in [...]

Athletics and nine developing sports will be hit by budget cuts in the build-up to the 2012 Olympics in London after UK Sport revealed their elite funding programme for the next four years on Wednesday.
On Tuesday the Government announced a £550 million funding package for Olympic [...]