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National Audit Office

  • VAT on private school fees to hammer ‘crisis-hit’ special needs provision

    January 23, 2025

    Rachel Reeves’s controversial Budget decision to impose VAT on private school fees will hit the most vulnerable special educational needs students hardest, an expert has warned. The Chancellor confirmed at the Autumn Budget that fees are set to be taxed 20 per cent, which the government claims will benefit the Treasury to the tune of [...]

  • Red Bull: Leeds United minority owner set to increase football investment

    December 18, 2024

    The energy drinks brand already has a minority stake in Leeds but has an option to increase it.

  • HS2: Costs for London Euston section reach over £7.5bn

    December 10, 2024

    Rachel Reeves confirmed in the Autumn Budget HS2 will terminate at Euston station, following a political kerfuffle over how to find the necessary funding.

  • The business case for the King

    July 25, 2024

    In a cost of living crisis, headlines suggesting that the King is set for a “£45m pay rise” funded by taxpayers are bound to rankle – but they are misleading. The monarchy is not funded out of the public purse in the ordinary sense. The money the King receives – the Sovereign Grant – is [...]

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