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Stamp duty reforms cost the Treasury £662m in 2015

George Osborne Concerned

George Osborne’s overhaul of the stamp duty tax regime has cost the taxpayer well over half a billion pounds in lost revenue last year, new research today reveals, as sales of high-end homes slowed and investors switched tactics to avoid paying huge premiums on purchases.

RBS sell-off could start this year

RBS building

The Government could start selling down its stake in Royal Bank of Scotland this year, according to City analysts, after the taxpayer-backed lender agreed a deal with the Treasury that could lead to the return of dividend payments.

Geithner Likely to Stay at Treasury Until 'Fiscal Cliff' Deal

Timothy Geithner

Treasury Secretary Tim Geithner, expected to leave his post after four years, is likely to stay on through what promises to be a bitter battle over the fiscal cliff and until his successor is confirmed, according to people familiar with the situation.

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George Osborne Concerned

Stamp duty reforms cost the Treasury £662m in 2015

George Osborne’s overhaul of the stamp duty tax regime has cost the taxpayer well over half a billion pounds in lost revenue last year, new research today reveals, as sales of high-end homes slowed and investors switched tactics to avoid paying huge premiums on purchases.