Companies who are found guilty of financial misconduct are being served with more fines than ever before, with a 271 per cent increase in penalties over the last 24 months.
New systems will make it almost impossible to hide money in other countries, officials from HM Revenue & Customs (HMRC) have said.
According to the Treasury, millions of pensioners can expect to see their spending power boosted to its highest level for 25 years.
The Treasury has been accused of underestimating how much of an impact planned cuts to welfare and central Government department budgets will have on the economy.
Shadow Chancellor John McDonnell has outlined his case for a “new economics” ahead of next week’s Spending Review.
According to recent research from Sage, UK workers have been responsible for adding an extra £240 billion to the economy from the overtime hours they have worked.