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Osborne's fudged figures

The claim that the wealthy will pay five times more doesn't stand up to scrutiny

Chancellor George Osborne’s Budget would likely be described by Sir Humphrey - the fictional character from the 1980s TV series Yes, Minister - as “courageous”. In Yes, Minister-era civil service parlance this was shorthand for “could lose you the election”....

Tags: governance, regulation

GSK's insincere announcement

Pharmaceutical company's old 'new' announcement raises questions

The £500 million investment by GlaxoSmithKline is undoubtedly welcome. It will create 1,000 jobs and is a boost to the important pharmaceutical sector in the UK. And it is a necessary boost for a sector that took a blow when...

Tags: budget, finance, patent box, pharmaceutical, research