
Jun 1 - By David Stringer, Associated Press Writer
Britain's Treasury chief promised Monday to repay a disputed expense reimbursement as he sought to avoid becoming the highest profile casualty in the furor over lawmakers' allowances.
Nov 24 - By Pan Pylas, AP Business Writer
The British government cut the basic sales tax Monday to help boost consumer spending as the economy slides into recession, and proposed a higher rate of income tax for the biggest earners if it is re-elected.

Mar 12 - By Jane Wardell, AP Business Writers
Britain's Treasury chief cut forecasts for domestic economic growth as he delivered his first annual budget on Wednesday against the backdrop of the worst global economic conditions in a decade.

Nov 21 - By Jill Lawless, Associated Press Writer
It was a civil servant's simple mistake, but the consequences could be vast.