Sunak poised to give poorest households £5-7.5bn to deal with cost-of-living crunch, Deutsche Bank says May 22, 2022 Deutsche Bank has said it expects the UK’s Chancellor of the Exchequer Rishi Sunak will give £5-7.5bn in support to the UK’s poorest households to help them deal with the UK’s cost-of-living crisis. The chancellor could increase universal credit payments, give money to food banks, and help poor households pay for energy bills, in a [...]
Michael Gove: There won’t be an emergency budget to tackle the cost of living crisis May 11, 2022 Levelling Up Secretary Michael Gove has insisted there will not be an emergency budget to deal with the cost of living crisis. The minister made his comments on Sky News this morning after the prime minister told the Commons yesterday, that Rishi Sunak would be “saying more” on the UK’s response to rising inflation and [...]
ICAS calls for a UK tax strategy to support the transition to net zero May 5, 2022 | City Talk ICAS has issued a briefing paper ‘The role of tax in getting to net zero’, discussing how tax can be a vital part of the package of measures needed to deliver the UK’s ambitious target for reducing emissions. The UK’s Net Zero Strategy In 2019 the UK put into legislation a requirement to bring all [...]
UK avoided arming Ukrainians for fear of angering Putin, former ministers said April 23, 2022 The UK Government has avoided sending arms to Ukraine for the last seven hears out of fear of angering President Putin, the Sunday Times reported today. Former ministers said Boris Johnson and his two predecessors, Theresa May and David Cameron, have maintained a line of “appeasement” with Moscow since the country’s invasion of Crimea. “Some [...]
Union calls Jacob Rees-Mogg’s notes to civil servants ‘insulting’ April 23, 2022 The union FDA lambasted cabinet minister Jacob Rees-Mogg for leaving “insulting” notes to civil servants. “These notes from JRM are not only condescending, crass and insulting, they completely undermine the leadership of the service,” said FDA’s general secretary Dave Penman. “Day after day we have good people telling us they will go because they know [...]
Homes for Ukraine scheme: tax treatment April 20, 2022 | City Talk The Government has announced that sponsorship payments under the Homes for Ukraine scheme will not be taxable and that the conditions for some tax reliefs will be adjusted to take account of the scheme. Homes for Ukraine scheme The scheme allows individuals, charities, community groups and businesses in the UK to bring Ukrainians to the UK and [...]
Drug-drivers could be forced to take rehabilitation courses before using cars under new government plan April 5, 2022 Drug-drivers could be forced to take rehabilitation courses before being allowed to get behind the wheel, according to proposed government plans. Transport secretary Grant Shapps today launched a call for evidence to decide whether those who had been caught drug-driving need to follow in drink-drivers’ footsteps and complete rehabilitation. “If we are to make our [...]
Homes for Ukraine scheme: Less than 10 per cent of visa applications approved March 31, 2022 Less than one tenth of visa applications have been approved through the ‘Homes for Ukraine’ scheme, it has been revealed. The Home Office said it is “moving as quickly as possible” to make the process more efficient, as the UK handed out just 2,700 passes through its initiative, according to The Times. The programme pairs [...]
Lord Nash steps down paving the way for new lead Whitehall director March 30, 2022 The government lead non-executive director resigned from his post yesterday. Lord Nash, who was appointed to the role by the Prime Minister in July 2020 for a three-year term, will be replaced in his Whitehall role by ex-director of Barclays Bank UK Michael Jary, according to Sky News’ Mark Kleinman. Insiders said yesterday that Michael [...]
Randox delays release of audited results amid concerns over Covid procurement process March 30, 2022 Covid test maker Randox has delayed release of its audited results amid mounting scrutiny over the government’s decision to award it contracts worth almost £777m. The delay to publication comes after the UK’s public spending watchdog said the government failed to document the procurement process that led to Randox being awarded 22 government contracts for [...]