Grant Shapps claims tax cuts still possible despite huge splurge on defence spending Defence Secretary says the £75bn hike can be paid for partly through 72,000 cuts to Civil Service jobs Evening Standard · Apr 24, 2024
London and South-East hit with record £100billion income tax grab as changes bite EXCLUSIVE: Londoners paid £59.3billion to the Treasury annually and South-East residents £41.4 billion, according to HMRC figures Evening Standard · Apr 24, 2024
Defence spending in UK to be put ‘on war footing’, Rishi Sunak says – as it happened Prime minister announces increase to UK defence spending to 2.5% of GDP by 2030 in speech about security The Guardian - UK · Apr 23, 2024
Rishi Sunak's election challenge underlined as 9/10 voters think finances getting worse or no better EXCLUSIVE: ‘Most people are still not feeling enough improvement in their personal finances’ - Gideon Skinner of Ipsos Evening Standard · Apr 23, 2024
Jeremy Hunt’s scope for tax cuts hit by higher-than-expected borrowing Government borrowed £120.7bn in the last financial year, with just under £12bn in March The Guardian - UK · Apr 23, 2024
FTSE 100 hits record closing high again, despite BoE chief economist warning against cutting interest rates too soon – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Apr 23, 2024
Labour shifts poll tactics to target fearful Tory over-65s Alarm grows over possible pension cuts as research suggests Jeremy Hunt tax cut announcement was ‘blunder’ The Guardian - UK · Apr 20, 2024
‘You can’t rule out a complete panicked meltdown’: Tories fear wipeout after another disastrous week Infighting, suspensions and bizarre allegations have dogged efforts to restore order as the party prepares for May’s byelections The Guardian - UK · Apr 20, 2024
Hunt reportedly mulling stamp duty and NI cuts in effort to woo voters Possible move in autumn statement come as experts sound alarm about dire state of UK public services The Guardian - UK · Apr 20, 2024
Jeremy Hunt’s tax cut plans to face IMF scrutiny next month Annual health check to examine whether tax increases or spending cuts will be needed after election The Guardian - UK · Apr 19, 2024
IMF’s Georgieva says border migration is helping US outperform Europe; UK car insurance prices finally falling – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Apr 18, 2024
Beware risks of voter giveaways to public finances, countries facing elections told IMF says reduction in national insurance may have made cutting UK national debt more difficult The Guardian - UK · Apr 17, 2024
Jeremy Hunt gets £12billion more 'headroom' so could slash another 2p off National Insurance, says IFS But the leading economists warn against the move as public services desperately need more funding Evening Standard · Apr 16, 2024
‘Petrified’ non-doms poised to flee UK over Labour’s tax plans, say experts Prospect of party closing Tory ‘loopholes’ if elected prompts some wealthy individuals to explore a move overseas The Guardian - UK · Apr 13, 2024
The Guardian - UK · Apr 12, 2024 Former Royal Mail chief exec says he ‘was not aware’ group’s lawyers were prosecuting post office operators – as it happened Adam Crozier tells Horizon IT scandal inquiry that he was unaware lawyers within the group conducted prosecutions
The Guardian - UK · Apr 9, 2024 Labour creates tax panel to help it clamp down on avoiders Group will advise on how to modernise HMRC after shadow chancellor Rachel Reeves reveals plan for £5bn crackdown
Evening Standard · Apr 9, 2024 OPINION - The Standard View: Labour's non-dom tax plans are a lesson in risk and reward A cautious Labour Party has been loath to highlight any taxes it may raise to fund public services with just one or two exceptions, including on wealthy “non-doms” — those not domiciled in the UK for tax purposes.
The Guardian - UK · Apr 9, 2024 No change to UK’s arms exports to Israel but position kept under review, says David Cameron – as it happened UK foreign secretary also defended his meeting with Donald Trump during a press conference in Washington
The Guardian - UK · Apr 8, 2024 Labour plans £5bn crackdown on tax avoiders to close non-dom spending gap Funding needed after Tories adopted Labour policy to pay for tax cuts will be used for school breakfast clubs and NHS
Evening Standard · Apr 8, 2024 The meek may inherit the earth but they won’t inherit the City City Voices: US companies are masters at blowing their own trumpet
The Guardian - UK · Apr 8, 2024 ‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink Small brewers are being squeezed, with a flurry of insolvencies hitting the sector despite strong sales
The Guardian - UK · Apr 7, 2024 People are poorer than at the last election and all Hunt can do is hope Economic upticks are welcome but they won’t help the chancellor’s chances of retaining his seat
The Guardian - UK · Apr 7, 2024 From HS2 to the NHS, Britain doesn’t cut costs. Disastrously, it just cuts corners Short-termist and kneejerk decisions to ‘balance the books’ always end up with the exchequer paying out more for less
The Guardian - UK · Apr 6, 2024 British Savings Bonds: after the fanfare, interest rates hit a flat note NS&I’s new product offers up to 4.15% – but some experts dismiss it as just ‘a fancy bit of marketing’
The Guardian - UK · Apr 5, 2024 Tory MP Luke Evans reveals he was targeted in Westminster sexting scandal Evans says he was first to alert authorities after receiving messages in what is suspected to be part of wider attempt to target MPs