Betfred brothers, Alex Gerko, Mike Ashley: Top UK taxpayers revealed Wealth Betting entrepreneurs Peter Done and Denise Coates, traders Alex Gerko and Chris Rokos, and high street kingpins Tim Martin and Mike Ashley are among the top taxpayers in the UK, new analysis has revealed. Betfred founders Fred and Peter Done paid the most cash into HMRC over the past year, according to The Sunday Times’ [...]
Brits earning over £100k worry more about money Wealth Six figure earners are more likely to worry about money than those on the average UK salary, according to fresh research. Eight in ten Brits who earn over £100,000 are worried about their finanical health, new research from fintech juggernaut Revolut has revealed. This came ahead of those on the national average between £35,001–£45,000 where [...]
Reeves mulls taxpayer-funded subsidy to cut manufacturers’ energy costs Energy Rachel Reeves is looking at plans for a £1bn taxpayer-funded annual subsidy to bring down the energy costs for manufacturers after warnings the UK faced “rapid deindustrialisation” without intervention. The Chancellor is facing mounting pressure to lower energy costs for industry with fears high prices are holding back investment opportunities and stifling the country’s competitiveness. [...]
Council pay: Westminster tops ‘town hall rich list’ with 73 staff on over £100k March 31, 2025 Westminster City Council has topped a national ‘town hall rich list’ with 73 staff rewarded with over £100,000 last year. The central London borough council also had the most employees nationwide – at eight – receiving more than £200,000 in total remuneration, in 2023-24, according to the Taxpayers’ Alliance (TPA). While 13 more Westminster staff [...]
DCMS fear rugby future as £30m in taxpayer loans expected to be written off December 18, 2024 The government could be forced to write off nearly £30m of taxpayers’ money loaned to sports bodies, clubs and the arts during the Covid-19 pandemic. The figures, revealed today by the National Audit Office, provide a stark update on the £474m aid package provided by the Department of Culture, Media and Sport. Rugby union was [...]
Papua New Guinea to join NRL in £301m ‘diplomacy deal’ against China funded by taxpayer December 12, 2024 A team from Papua New Guinea will join Australian rugby league competition the NRL in a “diplomacy deal” that will cost the taxpayer £301m. It is understood the deal is part of an Australian push to counteract increasing Chinese influence in the Indo-Pacific and follows Australian support for Pacific island rugby union teams participating in [...]