Let’s be honest, there’s no such thing as a ‘fully costed’ manifesto June 13, 2024 All parties are putting forward nice-sounding policies and promising that they’ll be paid for by someone else, says Matthew Lesh “Our plans are fully funded and fully costed,” proudly declares every party leader when presenting their election manifestos. It’s not difficult to understand why this is so important. Politicians are trying to run a gigantic [...]
EU watchdog wants Apple to pay €13bn in back taxes after all February 1, 2021 EU competition enforcers are filing to overturn a verdict which they claim was a legal mistake when it abandoned an order for Apple to pay €13bn (£11.46bn) in Irish back taxes. The decision forms part of the European Commission’s clampdown on ‘aggressive’ tax planning by multinationals. The Commission said in 2016 that two Irish tax [...]
Young people are still losing out to pensioners March 18, 2024 Claims that pensioners have “lost out” from targeted cuts to a tax that they do not pay are utterly disingenuous, says Emily Fielder This year’s Spring Budget seems to have precipitated a huge media frenzy about what it means for Britain’s pensioners. Commentators from across the political spectrum are asking why the Chancellor has forgotten [...]
A very merry Christmas: Sainsbury’s upgrades full year profits to £720m thanks to retail boom January 12, 2022 Sainsbury’s has reported a very merry Christmas this morning, upgrading its pre-tax profits for the full year to £720m.
‘Painful’ Budget ahead, Keir Starmer warns in gloomy No10 speech August 27, 2024 Sir Keir Starmer has warned Brits to expect a “painful” Budget this autumn as he insisted the state of the public finances is “worse than we ever imagined”. The Prime Minister addressed the nation from the No10 Rose Garden as he cautioned voters his government’s first fiscal statement would be “short-term pain for long-term good”. [...]
Nadhim Zahawi’s lawyer from Osborne Clarke referred to disciplinary tribunal May 13, 2024 Nadhim Zahawi's lawyer from Osborne Clarke who made headlines after threatening Dan Neidle with libel now faces a Disciplinary Tribunal
Five-star former Ryder Cup host Celtic Manor Resort falls into the red September 11, 2024 The company behind the former Ryder Cup host Celtic Manor Resort slipped into the red in 2023 despite a jump in its turnover, it has been revealed. The five-star golf, spa and hotel destination, which is located near Newport in Wales, has reported a pre-tax loss of £1.6m for the year after posting a pre-tax [...]
Will lower inflation deliver the windfall the Chancellor Hunt is hoping for? January 23, 2024 But hang on. It was not that long ago that borrowing was coming in lower than expected because inflation was higher.
Sir Keir Starmer: Don’t hit UK families with tax hikes January 10, 2021 Sir Keir Starmer has called for the government to reverse its decision last year to effectively raise council taxes, while casting Labour under his leadership as the “party of the family”. Starmer said the “importance of family hasn’t been talked about enough during this crisis” and that the country’s households deserve “far more from a [...]
A third of non-doms could leave the UK if Labour wins election, says top wealth lawyer July 1, 2024 Up to 30 per cent of the UK's non-doms could leave the UK if Labour wins this week's general election, a top private wealth lawyer has warned.