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The Latest Breaking News from HM Treasury

Reeves’s planning overhaul stalls as senior adviser leaves after four months

Exclusive: Catherine Howard’s exit comes amid disagreements at top of government about how far to push deregulation agenda

The Guardian - UK

Starmer stands by Reeves as claims grow she misled public on finances

Downing Street says Reeves’ remarks were ‘entirely accurate’ as pressure grows over claims she misled voters

Evening Standard

Government freezes assets of New IRA and Northern Ireland man

The Treasury has announced the freezing of assets associated with the New IRA and a Northern Ireland man.

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Disgraced Prince Andrew offered lavish Abu Dhabi palace as he considers life in exile

The sheikh is believed to have offered the desert palace for free

Evening Standard

Watchdog to look into Prince Andrew's living arrangements at the Royal Lodge where he stays rent free

It comes after Andrew relinquished his titles amid mounting pressure over his links with the sex offender Jeffrey Epstein

Evening Standard

Keir Starmer hands loyal Scottish Labour MPs top Government jobs – see full list

A HOST of Scottish Labour loyalists – including a former Better Together chief and the wife of Keir Starmer’s top strategist – have been given…

The National (Scotland)

Labour peer apologises for writing to Treasury to promote crypto firm he advised

Standards commissioner finds Iain McNicol broke Lords code of conduct by ‘providing a parliamentary service in return for payment’

The Guardian - UK

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Businesses could be forced to accept cash under new rules, MPs warn

The number of people paying in cash has plummeted over the past decade

The Independent UK

Firms ‘may need to be forced to accept cash to prevent two-tier society’

The Treasury Committee is urging the Government to improve its monitoring and said the Treasury may eventually need to mandate cash acceptance.

Evening Standard

VAT on private school fees could have ‘seismic impact’ on girls – headteacher

The Girls’ Schools Association president called on independent schools to ‘stand up and fight’ to protect girls-only education.

Evening Standard

NatWest buys back £1bn of its shares from UK government

Privatisation of bailed-out bank continues after plan to offer to retail investors was abandoned

The Guardian - UK

The Budget: Winners and losers

Who are the winners and losers from the Budget?

Evening Standard

If Rachel Reeves hikes capital gains tax, she’ll be more in line with Nigel Lawson than Gordon Brown

With Labour heavily predicted to win the upcoming UK election, there has been much talk about future tax plans.

The Conversation

Voters reveal which political leader they would like to manage the England football team

Exclusive: Techne UK asked voters which political leader would be best to manage the England football team

The Independent UK

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The Guardian - UK

Apple vows to appeal against €1.84bn EU fine in music streaming case – as it happened

Apple shares drop after it is penalised following investigation into allegations it obstructed music-streaming rivals

The Independent UK

Bank of England has relied on ‘inadequate’ forecasts, Lords report says

The report recommended that ‘the Bank’s remit should be pruned by HM Treasury’.

Evening Standard

Inspirational Black British women you should know about

The Black British women who have helped shape history

The Independent UK

British public ‘being ripped off’ as Shell pays just 22p in tax per citizen despite record profits

UK ranks 19th out of the 25 countries in which Shell operates for the amount of tax it paid, campaigners say

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news in one place.

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The Guardian - UK

UK government sells £1.26bn of NatWest shares, taking stake below 40%

State bailed out lender, formerly known as RBS Group, in near-£46bn deal during 2008 financial crisis

Evening Standard

OPINION - The London Discount: Britain’s biggest firms would be worth £460bn more in New York

Education, skills, demand for labour – a range of factors determine how much any of us are worth. But the single biggest factor is geography. A car wash manager in the US can earn more than the head of cyber security at HM Treasury in London, who in turn makes…

The Independent UK

Weak public investment an ‘institutional failure of the British state’ – report

A think tank has called for an end to political and fiscal incentives that harm public services and hinder economic growth.

Wales Online

UK Treasury takes back £150m from the Welsh Government because it hadn't spent it quickly enough

Welsh ministers had wanted to use the money to cover infrastructure spending and are furious at Westminster's actions

The National (Scotland)

Watch as Ofcom chief is GRILLED on why Tory MPs get to host news shows

Nicolson pushed Dawes on the broadcast regulator’s rules which state no politician can work as an interviewer on news and current affairs…

The Guardian - UK

Crypto is intended to be hard to regulate, but at least the Treasury wants to have a go

The government’s consultation document on cryptocurrency highlights the challenges that must be faced in the regulatory process

The Guardian - UK

Wake up and buy the coffee: inflation raises cost of a takeaway cup

Chancellor uses price of coffee as prop to explain inflation while a high street latte now costs more than £3

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