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2011 Press notices

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Autumn Statement 2011

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Spending Review news alerts

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August

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Chief Secretary sets out progress on public service pensions

The Government will start formal consultations on increasing public service pension contributions in 2012-13 by the end of this month, Chief Secretary to the Treasury Danny Alexander said today, as he...

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Treasury announces plans to find £1.5 billion savings across PFI contracts

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Coastal communities to receive a multi-million pound boost

Coastal communities across the United Kingdom will receive a multi-million pound boost each year from a new Coastal Communities Fund, the Chancellor and Chief Secretary to the Treasury, announced today.

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Leadership of Infrastructure UK

The Treasury is today announcing the appointment of Geoffrey Spence as the new Chief Executive of Infrastructure UK.

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The Plan for Growth: Four new Enterprise Zones set up to boost local growth

The locations of four more Enterprise Zones and a progress report showing that the Government has already met or reached significant milestones on 124 of the 137 reforms unveiled in the Plan for Growth...

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Government introduces deregulatory measures to help SMEs access equity financing

Mark Hoban MP announced that two deregulatory amendments to the EU Prospectus Directive have been brought into effect a year early by the UK to help small businesses access equity finance more cheaply...

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UK Official holdings of international reserves July 2011

UK Official holdings of international reserves July 2011

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Capital allowances loophole ended

The Government has bought forward the closure of a loophole which allowed businesses to accelerate capital allowances claims for plant and machinery and obtain advantageous early tax relief.

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The Government announces 11 new Enterprise Zones to accelerate local growth,...

The location of eleven new Enterprise Zones, designed to boost local growth and create over 30,000 new jobs by 2015, were announced today by the Prime Minister, David Cameron, the Chancellor, George...

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Minister urges businesses in the East Midlands not to miss out on National...

Treasury Minister, David Gauke is in Leicester today reminding new businesses across the East Midlands not to miss out on money they could be entitled to through the Regional Employer National...

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Agreement with Switzerland to secure billions in unpaid tax

The Government is today initialling an historic agreement with Switzerland to tackle offshore tax evasion. The agreement will resolve the long-standing abuse of Swiss banking secrecy by those who seek...

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Statistical release: UK official holdings of international reserves August 2011

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Speech by the Chancellor of the Exchequer, Rt Hon George Osborne MP, the...

Speech by the Chancellor of the Exchequer, Rt Hon George Osborne MP, the Lloyd’s of London Annual City Dinner, Merchant Taylors’ Hall, London

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Chancellor hosts fourth UK-China economic and financial dialogue

The Chancellor, George Osborne hosted Chinese Vice Premier Wang Qishang for the Fourth UK – China economic and financial dialogue (EFD) today.

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Minister urges businesses in the North West not to miss out on National...

Treasury Minister, David Gauke is in Preston today reminding new businesses across the North West not to miss out on money they could be entitled to through the Regional Employer National Insurance...

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Government announces new legislation to block tax avoidance involving...

The Government has today announced that it is introducing new legislation, effective from today, to block a tax avoidance scheme involving Manufactured Overseas Dividends (MODs).

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Speech by the Chancellor of the Exchequer, Rt Hon George Osborne MP, to the...

Good morning and thank you Damian for those kind words of introduction. Let me congratulate the Telegraph for organising this Festival of Business. The people in this room come from all parts of our...

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Progress made on Scotland Bill, but “still a long way to go”

Exchequer Secretary to the Treasury, David Gauke yesterday gave evidence on behalf of the UK Government to the Scotland Bill Committee.

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Permanent Chair and Tax Director appointed to Office of Tax Simplification

The Treasury has today announced that Rt Hon Michael Jack and John Whiting have been appointed as the permanent Chair and Tax Director respectively of the Office of Tax Simplification (OTS).

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Council tax freeze

The Chancellor of the Exchequer has today announced new support for local authorities to help them freeze council tax next year.

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Chancellor announces plans for two new Enterprise Zones

The Government is inviting the Lancashire and the Hull and Humber Local Enterprise Partnerships to develop proposals for two new Enterprise Zones, the Chancellor has announced.

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Chancellor announces increase in mobile phone coverage in the UK

The Government will invest up to £150 million to improve mobile coverage in the UK, the Chancellor announced today.

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Statistical release: UK official holdings of international reserves September...

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Review into HM Treasury’s Management of the Financial Crisis

HM Treasury is reviewing its response to the financial crisis. The review is being led by Sharon White, formerly a Director General at the Ministry of Justice and the Department for International...

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HM Treasury confirms higher ISA limits for 2012-13

Following the publication today of inflation figures for September by the Office for National Statistics (ONS), HM Treasury has announced that subscription limits for Individual Savings Accounts (ISAs)...

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New steering group launched to develop ‘simple’ financial products

Mark Hoban, Financial Secretary to the Treasury, today announced the creation of a new steering group tasked with devising a suite of ‘simple’ financial products that will help consumers navigate the...

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October 2011 PESA National Statistics release - including Country and...

This release presents updated estimates of key public spending outturn series against two frameworks.

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Junior ISAs launch today to help parents save for their children’s future

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Lord Green of Hurstpierpoint

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Government sets out its offer on public service pensions

The Government today set out details of its offer to workers on public service pensions.

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Statistical release: UK official holdings of international reserves October 2011

The UK official holdings of international reserves release for October 2011

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Support for credit unions and co-operatives

Financial Secretary to the Treasury, Mark Hoban, today confirmed that a deregulatory package designed to help credit unions and co-operatives compete and grow more effectively has completed its...

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Government ends exploitation of Channel Islands VAT rules

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Government announces extension of film tax relief

The Prime Minister has today announced the extension of film tax relief, the Government’s targeted tax break for the British film industry, until the end of December 2015.

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Government Finance Profession Awards 2011

The Government Finance Profession (GFP) is delighted to announce the winners of the sixteen awards in fifteen categories for excellence in financial management presented on Thursday 3 November at a...

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UK Government announces extra £100 million for Scottish renewable

The Chancellor and the Chief Secretary to the Treasury today visited Nigg on the Cromarty Firth, where they announced around £100 million of additional funding for Scottish renewable energy, including...

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Government plans to reform PFI model

The Government will review the private finance initiative (PFI) and consider other delivery models, the Chancellor announced today.

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Chancellor announces sale of Northern Rock plc

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Independent study on general anti-avoidance rule published

Graham Aaronson QC has today set out his recommendation to the Government for the introduction to the UK tax system of a narrowly focused general anti-abuse rule (GAAR).

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Chancellor announces new financial restrictions against Iran

The Government has today imposed tough new financial restrictions against Iran which cut off all financial ties with Iranian banks.

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Remote islands to get cheaper fuel from March 2012

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Government to waive VAT on X-Factor charity single

The Chancellor of the Exchequer, George Osborne, has today announced that the Government will waive VAT on sales of the X-Factor Christmas single by making an exceptional one-off charitable donation to...

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Autumn Statement: Growth

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Autumn Forecast Statement by the Chancellor of the Exchequer, Rt Hon George...

Autumn Forecast Statement by the Chancellor of the Exchequer, Rt Hon George Osborne MP

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Autumn Statement 2011

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Reform of the Private Finance Initiative

The Government is today launching a call for evidence on the reform of the Private Finance Initiative (PFI).

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