Tag Archives: chancellor


Darling’s 50% tax sends tycoons to Switzerland

Evening Standard – London’s rich hedge fund managers and private equity executives will quit the UK in droves ahead of the 50% top tax rate next spring. That is the news from City tax advisers who say they have never […]

Darling warns banks of return to risk-taking

Times Online – Alistair Darling has warned that he will impose tougher regulation to avoid a repeat of the banking crisis amid fears of a return of the bonus-driven, risk-taking culture in the City. The Chancellor told The Independent newspaper […]