Tax from UK’s financial sector pays for the country’s entire education budget May 21, 2024 "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.
Tax rises are coming and these are the ones to look out for May 21, 2024 Unless the next government rips up the fiscal rules it’s going to have to raise taxes, so it pays to think about where the extra money might actually come from, says Tim Sarson Last September I wrote about how our Government and its peers around the world are running out of money as they face [...]
The UK economy suffers from low levels of investment? That’s just not true says Deutsche Bank May 18, 2024 Deutsche Bank point out that aggregate investment growth since the financial crisis is second only to the US among G7 economies.
Jeremy Hunt promises future tax cuts if Conservatives win general election May 17, 2024 Jeremy Hunt promised further tax cuts if the Conservatives win the general election as he sought to draw an electoral dividing line between the Tories and the Labour Party.
‘Major milestone’: UK ratifies Indo-Pacific CPTPP post-Brexit trade deal ahead of schedule May 17, 2024 The UK has hit a “major milestone” in its efforts to join the CPTPP trade pact as it ratified the terms of agreement ahead of schedule.
Sunday Times Rich List: Rishi Sunak worth over £650m May 17, 2024 Rishi Sunak and his wife Akshata Murty are worth more than £650m, the Sunday Times Rich List has revealed.
Spending watchdog says HMRC in ‘declining spiral’ and needs to rethink ‘unprecedented’ job cuts May 15, 2024 Taxpayers spent the equivalent of 800 years on hold when trying to phone HM Revenue and Customs' customer service in 2022-23, according to a scathing report by the UK spending watchdog that found the public had been "let down".
Real Madrid and Borussia Dortmund to get UK tax break for Champions League final May 9, 2024 Ordinarily, the UK levies income tax on earnings for any time overseas-based athletes spend competing in Britain.
Devolution: Should London have power to raise its own taxes? May 9, 2024 Calls for the government to share some tax revenue with devolved administrations - including in London - have been backed by organisations in the capital.
Rachel Reeves: Nigel Lawson was ‘right’ on not abolishing National Insurance May 7, 2024 Labour’s shadow Chancellor, Rachel Reeves, speaking in Canada today, set out her party’s attack lines on the Tories’ economic record following the local and mayoral elections last week.