Fighting back: Rishi Sunak dismisses wife’s non-dom tax controversy as ‘unpleasant Labour smears’ April 8, 2022 Chancellor Rishi Sunak has come out fighting for his wife Akshata Murthy, who is facing claims of avoiding tax due to her Indian citizenship and non-dom status. The Tory heavyweight insisted that his wife, who owns a 0.9 per cent stake in her billionaire father’s firm Infosys, is “100 per cent doing everything this country [...]
Sunak tells Bank of England to ease up on opposition to fossil fuel April 8, 2022 Rishi Sunak has urged the Bank of England to ease up on its opposition to fossil fuel investment despite the UK's green commitments.
Letters: A light touch for crypto rules April 8, 2022 [Re: Rishi Sunak sets out plan to turn UK into ‘global hub’ for crypto, April 4] The UK government’s plan to regulate cryptocurrencies is a major step in the right direction towards unlocking the huge potential of digital assets while ensuring investors are protected – just like in any other financial market. It is vital [...]
Trevor Steven: Only Manchester City can sew up Premier League in showdown with Liverpool April 8, 2022 Sunday’s Premier League showdown between Manchester City and Liverpool has been billed as a title decider and it’s hard to disagree. If either team wins they will not only have the upper hand in the table with seven games to play but also receive a huge boost – and inflict a body blow on their [...]
TfL makes less money from ultra-low emission zone than expected April 8, 2022 Transport for London (TfL) has reportedly made little money from the ultra-low emissions zone (ULEZ) since its October expansion. According to a performance report, TfL made only £16m from ULEZ’s expansion to cover the North and South Circular Roads, as polluting vehicles are charged a daily £12.50. To cut pollution and congestion, London mayor Sadiq [...]
Investors pour record £1.13bn into venture capital trusts April 8, 2022 Venture capital trusts have reported a record year of funding in the past year as UK investors poured more than £1bn into the growth investment vehicles.
Sainsbury’s becomes first big grocer to pay London Living Wage amid cost of living crisis for Brits April 8, 2022 Sainsbury’s has confirmed that it will become the first major supermarket to pay the London Living Wage. Shop workers at Sainsbury’s and Argos stores in outer London will receive £11.05 per hour, a boost of 55p, from next month. The supermarket said this means staff in the outer areas of the capital will match employees [...]
Explainer-in-brief: Downing Street’s non-domicile resident April 8, 2022 The latest in a string of bad news for the chancellor’s PR team post-spring statement is, unfortunately, his other half. Akshata Murty, the daughter of an Indian billionaire, has apparently been claiming non-domicile status since she moved to the UK in 2015. This means Murty pays tax on money earned in the UK, but not [...]
More weekend chaos expected as shortages, cancellations and IT issues rampage through April 8, 2022 UK travellers are bracing for more weekend chaos as the industry continues to be hit by a fatal combination of staff shortages, cancellations and IT issues. Brits remain stuck in hour-long queues at major hubs such as Gatwick and Manchester as British Airways and EasyJet slashed another 100 planes as a result of widespread Covid [...]
Tesla boss Elon Musk builds largest and ‘most advanced car factory’ on Earth April 8, 2022 Tesla boss Elon Musk claims to have built the largest factory in the world by volume, at its grand opening last night. The billionaire tech entrepreneur’s Giga Texas Tesla factory, 338m cubic feet in volume, is also hoped to be the biggest battery cell facility in the world “over time”. Speaking at the Cyber Rodeo [...]
