Apple to face tax grilling

The Apple chief executive is likely to be asked to justify why his company reports a 25.2 per cent tax rate, yet pays 15 per cent to the US authorities and then sets aside additional cash for possible future tax liabilities.

Kay Review: Government to be more active on takeovers

The government says it will take "a greater interest" in mergers and acquisitions involving UK companies as part of its response to the Kay Review. Its comments came in response to the Kay Review into how to discourage short-termism in markets.

UK companies remain optimistic, surveys suggest

UK companies remain confident despite the UK economy entering a double-dip recession, two new surveys suggest.

John Lewis sees 'outstanding' Christmas sales

John Lewis has reported an "outstanding" rise in sales at its department stores during the Christmas period.

Osborne confirms banks must ringfence retail banking

Chancellor George Osborne has backed most of the recommendations in the Vickers' banking report, including protecting retail banking from riskier investment activities.

Thomas Cook in new £200m credit facility

Travel firm Thomas Cook has reached agreement with its bankers to provide it with new access to funding.

Budget changes to tax haven rules could cost poor countries 4 billion pounds

Corporate tax reforms to be announced in today's Budget could cost developing countries up to £4bn, ActionAid said today.

The Treasury is relaxing a piece of anti-tax haven abuse legislation, the Controlled Foreign Company (CFC) rules, which apply to foreign subsidiaries of UK multinationals.

Exclusive: Osborne's Corporate Tax Charm Offensive

I have learned that George Osborne is mounting a pre-Budget charm offensive to lure back multinational companies which moved offshore for tax reasons under the last Labour government.

The Chancellor and Treasury officials have in recent weeks stepped up their efforts to persuade the likes of United Business Media and WPP Group – both of which are now domiciled in Dublin – to relocate their tax base back to the UK.