Autumn Statement 2016 will be the UK’s last November 23, 2016 The Autumn Statement is being abolished, chancellor Philip Hammond said today. "This is my first Autumn Statement and it will also be my last," he told MPs in the House of Commons today. He is introducing a Spring Statement, and an Autumn Budget instead. Hammond said he would not introduce significant economic and financial changes [...]
Savers will be offered new government-backed investment bond next year November 23, 2016 Savers will be offered a new government backed investment bond at the next Budget, the chancellor said today. The three-year bond will offer a 2.2 per cent interest rate on deposits of up to £3,000, and will be available through NS&I. It will be open to those aged 16 and over, available for 12 months from spring [...]
Salary sacrifice schemes hit in Hammond’s first Autumn Statement November 23, 2016 Employee salary sacrifice schemes such as gym memberships will no longer be tax-free, the chancellor said today. Philip Hammond said in his Autumn Statement that certain benefits employees enjoy tax-free at the moment will no longer be exempt. The Treasury said that the tax and employer National Insurance advantages of salary sacrifice schemes will be [...]
Autumn Statement 2016: Corporation tax will fall to 17 per cent, Philip Hammond confirms November 23, 2016 Corporation tax will fall to 17 per cent by 2020, Philip Hammond has confirmed. Hammond said in his Autumn Statement that corporation tax would follow the road map set out in the March Budget by his predecessor George Osborne. A reduced corporation tax will be of benefit for companies as they face uncertainty relating to [...]
Jury delivers guilty verdict in trial of Jo Cox murder accused Thomas Mair November 23, 2016 Thomas Mair has been found guilty of the murder of Jo Cox MP. Cox died in June after being shot and stabbed outside a library in Birstall where she held her weekly advice surgeries for her constituency of Batley and Spen. The mother of two became an MP in May 2015. Mair, a 52-year-old local man, [...]
MPs are going to debate shutting shops on Boxing Day after petition November 23, 2016 MPs are going to debate shutting shops on Boxing Day after a petition calling for stores to close on the 26 December gathered more than 130,000 signatures. The debate is scheduled for 12 December. The petition, created by Jack Johnson, has gathered 137,871 signatures. Johnson said in the introduction to his petition: "Retailers ram boxing [...]
City commuters facing disruption travelling into Cannon Street with trains cancelled or delayed November 23, 2016 Commuters trying to get into the City are facing disruption today with trains to Cannon Street subject to delays. National Rail said services between New Cross and London Cannon Street may be cancelled or delayed by up to 40 minutes, due to restrictions that mean trains have to run at a reduced speed. Train services [...]
Travel delays in central London as Kings Cross station is evacuated and closed November 23, 2016 Commuters were facing delays in central London this morning after King's Cross station was evacuated and closed for safety reasons. The station has since been reopened and trains are stopping there again. Transport for London revealed the station had been closed to prevent overcrowding. https://twitter.com/piccadillyline/status/801351227632209920 However, witnesses tweeted that the station had been evacuated due to [...]
That annoying Heinz baked beans ad has been banned November 23, 2016 An advert for Heinz baked beans has been banned by the Advertising Standards Authority (ASA). The ad, which features children, teenagers and adults using empty or full tins of baked beans to drum out the rhythm of the 'Can Song' drew complaints – not because of the annoying tune, but due to safety concerns. Complainants said [...]
