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  • Council finances in dire straits, MPs say

    Politics

    Councils could run out of money in 2026 due to unsustainable book balancing methods, according to parliamentarians.  The hike in national insurance contributions (NIC), combined with spending on special educational needs and disabilities (SEND), has squeezed local council finances, a new report by the Public Accounts Committee (PAC) has found. Despite Reform’s DOGE campaign, they [...]

    Ministers and backbenchers discuss immigration overhaul, addressing concerns over proposed policies in a government meeting.
  • Tax evasion likely ‘far higher’ than HMRC estimates

    Business

    The true scale of tax evasion is likely far higher than HMRC estimates, with the department “not sufficiently curious” about solving the problem, a government committee has said. The UK tax gap was £5.5bn in the 2022-23 financial year, equivalent to around 0.7 per cent of all taxes owed and considerably lower than similar economies. [...]

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