George Osborne should "accelerate" plans to scrap the 50p higher rate of income tax and increase personal tax allowances to help the economy during the euro crisis, business leaders will warn the Chancellor.
Remember the economy? Looking at the debate about the 50p tax rate gives me the impression that people have forgotten it. This is because the debate is being framed solely in terms of whether the rate raises revenue or not. But this is not the same as the effect it has upon economic growth.
Google plans to invest $50 million in music platform Vevo. Husky Energy reported higher than expected profits in Q4. The Green Budget showed how slow growth has damaged public finances. Ralph Lauren announced higher profits in Q3 of 2012.