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Danny Alexander: Govt on track to raise £4bn from tax dodgers

Chief secretary to the Treasury Danny Alexander will today announce the Government is on track to raise £4bn this year in its crackdown on tax dodgers.

Speaking at the Liberal Democrat conference in Brighton, the BBC reports Alexander (pictured) will reassure delegates that the UK is making good progress towards its pledge to raise £9bn by 2015 in its fight against tax avoidance.

Alexander will promise to raise more from the “small minority of wealthy people who do not play by the rules”.

He will say: “Fair taxes in tough times means everyone playing by the same rule book, and everyone paying their fair share.

“We have this message to the small minority of wealthy people who don’t play by the rules.

“We are coming to get you and you will pay your fair share.”


Skipton cuts buy-to-let rates

Skipton Building Society is lowering the rates on a number of its buy-to-let mortgages by 0.10 per cent today. The two-year fixed rate at 70 per cent LTV is now 4.19 per cent, down from 4.29 per cent while for 75 per cent LTV, the rate has been reduced to 4.39 per cent, from 4.49 […]

Prime property values in London reach record high

The average value of prime property in London has reached a record high in September, exceeding even the pre-crisis peak recorded in 2008. Prime property values averaged at £3m in March 2008 but the latest figures from Estate agents Knight Frank’s Prime Central London Index show that this average hit £3.5m in September 2012 as […]


Bolder housing policy required

We have all read reams about the paucity of available mortgage financing and tight credit conditions pushing average age of first-time buyers to 35, from 24 in the sixties. In the go-go years leading up to 2007, cheap money and loose credit allowed just about anyone to live the dream. Along came the crisis and […]

High-street giants rule out linking proc fees to case quality

Royal Bank of Scotland, Virgin Money, Nationwide Building Society and Barclays have all ruled out linking mortgage procuration fees to case quality following Lloyds Banking Group’s admission that it is considering this approach. Last week it was revealed that Lloyds is considering linking proc fees to business quality although has “no immediate plans” to switch […]


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  • David Parkinson 25th September 2012 at 9:56 am

    The biggest tax dodgers are big corporates who pay far less than they should. Far greater amounts could be raised attacking these scheming institutions than a few individuals. [Albeit they should pay as well]At the end of the day it’s easier to pick on the small guy!