George Osborne

Britain launches new 'Google tax' on multinationals

The British government Wednesday slapped a new tax rate on multinational companies that seek to avoid paying their fair share to Treasury coffers.

Dec 03, 2014, 23:49 PM IST

Britain to scrap air travel taxes for children

British finance minister George Osborne said he would make it cheaper for families to travel by scrapping an air travel tax charged for children, prompting airlines to call on him to go further and also abolish the levy in its entirety.

Dec 03, 2014, 22:31 PM IST

Britain to pay back all WWI debts

Britain is to pay back all of its World War I debts, worth some 1.9 billion pounds through a refinancing deal involving the issue of new bonds, finance minister George Osborne said Wednesday.

Dec 03, 2014, 19:08 PM IST