Tag Archives: kpmg

How big business got the 50p tax rate wrong

From the Financial Times:

Fears that the 50p rate of tax would hinder recruitment of top executives have been allayed, according to a survey of 50 large companies that will relieve pressure on George Osborne to accelerate plans to abolish the controversial levy in next week’s autumn statement.

Only 13 per cent reported that the 50p rate for those earning more than £150,000 a year was proving a barrier to attracting senior managers to Britain, according to KPMG, the professional services group, in what it said was a “dramatic change of sentiment” since 2009 when over 80 per cent of companies

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Posted in News | Also tagged and | 34 Comments

Opinion: Economic liberalism and public service reform

Are the Liberal Democrats a party of untrammelled ideology – sorry,“principles” – or do ethics and evidence also play a role in thinking? This question struck me forcefully when reading David Cameron’s article on public service reform in the Telegraph. It appears that the imminent Open Public Services White Paper has been formulated with collaboration from the Chief Secretary to the Treasury and Nick Clegg is fully ‘on side’. We await the details, but if Cameron’s article gives us an accurate sense of what is to come then I think there is – or should be – a significant …

Posted in Op-eds | Also tagged , and | 61 Comments
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Recent Comments

  • Jeff
    North Sea gas is sold at international prices… Natural gas is mostly consumed in the country where it’s extracted. Around 20% is exported across b...
  • Mick Taylor
    Far too many people are being taken in by claims of high taxation. When I started work in the late 60s the basic rate of income tax was 33% and the top rate (s...
  • Jana
    @Tim Roger’s “ The gas will not stay in the ground because Norway will take their share and then ours” Excellent point. I haven’t read that argument...
  • Jana
    “ First, we need to be clear about the difference between constitutional democracy – or liberal democracy – and popular democracy” I don’t agree th...
  • theakes
    Judging from yesterdays results, 3 Conservative gains, it now seems pretty clear that they are back. Surely we have to adopt a different approach. There is a vo...