Government weighs up proposals to expand windfall taxes November 1, 2022 Windfall taxes on energy firms could be raised and extended as much as three years. as Downing Street scrambles to raise funds.
Everything we know about the Spring Budget 2023 so far March 15, 2023 Tomorrow, Chancellor Jeremy Hunt will stand on the steps of No11 Downing Street – holding the famous Budget 2023 red box. He’ll be the first Chancellor in the political turmoil of recent months to even hold on to the job long enough to reach this crucial point. The spring statement will lay out the government’s [...]
A post-mortem of pandemic-era lockdowns expose a dangerous disregard for scepticism March 15, 2023 Did any of the government ministers during lockdown listen to dissenting opinions?
It’s beginning to look a lot like chaos: Rail strikes hit London as businesses shed Christmas bookings December 14, 2022 Parts of London resembled a ghost town yesterday as rail workers kicked off the first of several days of strikes. Bars in the capital warned they are haemorrhaging tens of thousands of pounds in lost bookings due to mass walkouts deterring commuters, raising the threat of businesses missing out on their third ever-critical golden quarter [...]
Keir Starmer tests positive for Covid again and will miss PMQs January 5, 2022 Sir Keir Starmer has tested positive for Covid-19 again and will miss today’s Prime Minister’s Questions (PMQs). Deputy Labour leader Angela Rayner will instead step in for Starmer, after testing positive for the virus twice in just a matter of months. Starmer tested positive for Covid-19 just hours before Rishi Sunak’s October Budget, forcing him [...]
Budget: Why a high-tax country is still dealing with fraying public services March 14, 2023 Britain is on course to shoulder a tax burden that has “never been sustained before in its history” but is still grappling with fraying public services, a top economist has told City A.M. ahead of Chancellor Jeremy Hunt’s budget tomorrow. Carl Emmerson, deputy director of the Institute for Fiscal Studies (IFS), said the UK has [...]
All eyes on Fujitsu as Post Office Horizon scandal leaves taxpayer with hefty compensation bill March 27, 2022 Pressure continues to mount on the Japanese IT giant Fujitsu to pay its share of compensation amid the ongoing Post Office public inquiry.
Government to push through revenue caps for renewable generators October 9, 2022 The Government will go full steam ahead with its plans to cap revenues renewable electricity generators can make.
Tesco, Sainsbury’s and Greggs join forces to lobby Sunak to slash business rates May 3, 2022 Supermarket giants have reiterated calls for a cut in business rates as firms endeavour to keep prices competitive for shoppers amid rising inflation. Big names including Morrisons and Co-op have come together under a new Cut the Shops Tax campaign, organised by the Retail Jobs Alliance. In a joint letter to Chancellor Rishi Sunak, bosses [...]
Another day, another record: Price of a litre of petrol hits new high of 189.3p June 22, 2022 The average price of a litre of petrol at UK forecourts reached a new high of 189.3p last night, according to data firm Experian. The average price of diesel was 197.1p per litre. The announcement comes only hours after the rate of inflation rose again in May, remaining at 40-year highs, the Office for National [...]