How much cash could a tax avoidance clampdown raise? May 30, 2024 Predictably both parties are reluctant to suggest they will raise taxes, but in recent weeks both have found a conveniently painless source of funding: clamping down on tax avoidance.
Labour backs away from bank windfall tax in bid to win over City May 29, 2024 Reports suggest Labour is not planning to impose a windfall tax if it comes into power.
For Labour, these last 24 hours have been years in the making May 29, 2024 She may not have much of a Texan drawl, but Rachel Reeves’ commitment yesterday to no new tax hikes under a Labour government certainly matched the import of George Bush Senior’s commitment more than three decades ago. It is a commitment that we, and much of corporate Britain, will hold her to if Labour does [...]
Blow for Jeremy Hunt’s tax cut hopes as borrowing beats expectations in April May 22, 2024 Economists closely watch the borrowing figures for any indications of how much fiscal space the Conservatives will have to cut taxes ahead of an election later this year.
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.