Markets News Thursday: Shares rise in Europe and fall in Asia; UK retail sales rise; UK Chancellor promises “lower and simpler corporate tax rates”
May 20th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities; The Office for National Statistics said today that UK sales volumes, including fuel, rose 0.3% in the month of April, compared with a consensus forecast of a 0.2% rise; Chancellor of the Exchequer George Osborne on Wednesday night, spoke at the annual dinner of the business group, the CBI, where promised to spur growth and exports by simplifying Britain’s company tax system and delivering “the most competitive corporate tax regime” of any major economy.