As it happened: Rishi Sunak’s Spring Budget 2022 March 23, 2022 Live updates and links to all our coverage, reactions and analyses as the Chancellor of the Exchequer, Rishi Sunak, delivers the government’s Spring Budget for 2022 . Please do get in touch and let us know your opinion via news@cityam.com or @Cityam With the cost of living crisis, rising inflation, war in Ukraine and [...]
Sunak gives National Insurance help and promises 2024 income tax cut March 23, 2022 Rishi Sunak has increased the income threshold for National Insurance in a £330 annual tax cut for employees, while also delivering a gloomy updated forecast for the UK economy. Sunak said in his spring statement that the threshold at which employees pay National Insurance will be lifted by £3,000 to £12,570 in what he called [...]
Fake fundraisers trying to cash in on Ukraine crisis surge March 23, 2022 The national fraud reporting centre has received hundreds of reports of fake Ukraine fundraising requests.
Sunak cuts fuel duty to ease pressure on motorists March 23, 2022 Fuel duty will be cut by five pence per litre for the next 12 months, revealed Chancellor Rishi Sunak in the Spring Statement today.
‘Major incident’ in Stratford following ‘high quantity of chlorine gas’ released in London Aquatics Centre March 23, 2022 Emergency services are responding to a “major incident” at the London Aquatics Centre in Stratford and are treating “a number of patients” with “breathing difficulties”. The London Fire Brigade said a “high quantity of chlorine gas” was released inside the building in the Queen Elizabeth Olympic Park due to a “chemical reaction”. The brigade tweeted: [...]
Rishi Sunak’s Spring statement today: From fuel duty cuts to tax and energy bills March 23, 2022 The time has come for the Chancellor to unveil his spring statement, with the spotlight on how he intends to deal with the cost of living crisis. Rishi Sunak is set to vow to “stand by” British families as he is expected to outline further plans to support households facing financial hardship on Wednesday, which [...]
Angry Putin ends WWII peace talks with Japan as Tokyo exploits anti-Russian sentiment to claim Kuril Islands March 23, 2022 The Russian government has told Japan it is ending negotiations to sign a formal World War II peace treaty because of Tokyo’s efforts to exploit the Ukraine war to claim the Kuril Islands belong to Japan. “The Russian side, in the current conditions, does not intend to continue talks with Japan on the peace treaty,” [...]
Pro-Kremlin paper admits close to 10,000 Russian solders killed in Ukraine while 16,000 troops wounded March 23, 2022 Pro-Kremlin tabloid Komsomolskaya Pravda has published Russian Ministry of Defence figures that list 9,861 Russian troops have now died in Ukraine. Moreover, the paper also says 16,153 have been wounded in the ongoing war. “Huge if true – though this probably won’t stay online long,” Matthew Luxmoore, the Wall Street Journal’s reporter in Moscow tweeted. [...]
BEIS splashes £30m on data scientists March 23, 2022 The Department for Business, Energy and Industrial Strategy has more than quadrupled the number of data analysts and data scientists it employs, with a 408 per cent increase in expenditure since 2017, according to official figures. The data was obtained via the Freedom of Information (FOI) Act and analysed by the Parliament Street think tank [...]
Tulse Hill on the verge of being cancelled amid slavery connections March 23, 2022 Tulse Hill may be on the verge of being cancelled, with some calling for it to be renamed following revealed links to slavery.