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Treasury

  • Start-up backlash: Treasury looks to soften controversial rule change after fury from investors

    January 26, 2024

    The City minister is set to meet top start-up groups next week to discuss softening its controversial investing rule changes, after a backlash from the industry and pressure from another government department.

  • Digital pound: Ensuring privacy a ‘core design feature’ of Britcoin, Bank of England says

    January 25, 2024

    CBDC is a digital form of cash which will be created by the Bank of England, unlike existing digital payments which are created through the private sector.

  • Treasury spat intensifies as mandarins hit back at watchdog ‘fiction’ smear

    January 24, 2024

    Treasury spat intensifies as mandarins hit back at watchdog 'fiction' smear

  • OBR chief: Governments have been ‘gaming’ fiscal rules, meeting ‘letter not the spirit’ of financial guidelines

    January 23, 2024

    The comments come as new figures showed the government borrowed substantially less than expected in December thanks to lower interest payments on debt.

  • Inheritance tax on course for record year of receipts (again) amid calls to scrap it

    January 23, 2024

    The Treasury collected £5.7bn from inheritance tax in the first three quarters of the 2024 financial year, according to figures released today.

  • Will lower inflation deliver the windfall the Chancellor Hunt is hoping for?

    January 23, 2024

    But hang on. It was not that long ago that borrowing was coming in lower than expected because inflation was higher.

  • Falling inflation helps government borrow much less than expected in boost for tax cut hopes

    January 23, 2024

    The latest round of figures come as the government lines up its latest round of tax cuts, which are likely to be announced in the Spring Budget.

  • Rishi Sunak insists Jeremy Hunt will still be Chancellor at election time

    January 22, 2024

    Jeremy Hunt will still be Chancellor at the time of the general election, and is doing a “fantastic job”, Rishi Sunak has insisted.

  • Childcare costs mean it makes ‘no financial sense for many mothers to work’: official report

    January 17, 2024

    London’s economy could be being held back by around £5bn a year due to issues with childcare costs and shortages.

  • Electoral and fiscal pressures will clash over the coming year – there can only be one winner

    January 17, 2024

    The main political parties have received no shortage of warnings about reckless fiscal plans ahead of this year’s election. 

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