France has announced plans for further budget savings of 7bn euros ($9.6bn; £6bn) in 2012 and 11.6bn euros in 2013. The eurozone's second biggest economy is seeking to reduce its deficit and protect its triple-A credit rating. PM Francois Fillon announced measures including an acceleration in pension reform and a... Read more →
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No holiday havens for wealthy tax cheats
Wealthy tax cheats with overseas property are now being targeted by a new 200-strong team of investigators and specialists, HM Revenue & Customs (HMRC) announced. The newly-formed team started work this month, bringing together experts from across the department who will use new and innovative risk assessment techniques to identify... Read more →
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