Calls grow louder for Rishi Sunak to ‘come clean’ on family tax affairs and wife’s non-dom status April 7, 2022 Responding to the news that Chancellor Rishi Sunak’s wife claims non-domicile tax status, the Liberal Democrats are calling for the Chancellor to ‘come clean’ on his family’s tax affairs “This news will be a slap in the face for families struggling to cope with Rishi Sunak’s crippling tax hike,” Treasury spokesperson Christine Jardine told City [...]
Sunak reportedly vetoed plan to give households extra £300 to help with energy bils April 7, 2022 Rishi Sunak reportedly vetoed a plan by civil servants to give households an extra £300 rebate in the government’s new energy strategy to help with the surging cost of bills. The Department for Business, Energy and Industrial Strategy (Beis), who released the new strategy today, drew up plans to increase this year’s energy rebate from [...]
‘Let people invest’: Matt Hancock makes case for liberal crypto rules April 7, 2022 Matt Hancock, the former health secretary, has come out in favour of permitting mass crypto adoption in the UK.
UK Energy Strategy: Experts weigh in on plans to transform the domestic energy sector April 7, 2022 Analysts and experts assess the state of the UK's energy sector with the government announcing plans to boost domestic production.
Rishi Sunak’s wife hits back at claims she uses non-dom status to avoid paying UK taxes April 6, 2022 Rishi Sunak’s wife has hit back at claims that she took up “non-dom” status to avoid paying UK taxes. Akshata Murthy, the daughter of Indian tech billionaire N.R. Narayana Murthy, has claimed she has been forced to take up “non-domicile” status, due to not being able to hold dual citizenship under Indian law. The billionaire [...]
Hospitality business owners to pay £215m more in tax this year thanks to NI rise April 6, 2022 British pubs, restaurants and hotels will be forced to pay £216m more in taxes this year thanks to today’s rise in National Insurance for employees and employers. New figures collated by the Liberal Democrats also showed that workers in the hospitality industry will be hit with a £137m extra tax bill this year, after the [...]
Johnson says NI tax rise ‘unquestionably’ right thing for UK as tax hike comes in today April 6, 2022 Boris Johnson has said the increase in National Insurance is “unquestionably the right thing for our country” on the day the tax hike comes into place. Johnson said he has “absolutely no problem” with the tax hike as “we’ve got to give our doctors and our nurses the wherewithal, the funding” to deal with the [...]
Sunak’s public popularity falls off a cliff as new poll reveals 24-point drop April 6, 2022 Rishi Sunak’s popularity has taken a mighty blow, with a new poll revealing that his approval rating has fallen by 24 points in the two weeks since his mini-budget. A YouGov poll has revealed that Sunak’s approval rating has dropped to -29 in the two weeks since his economic spring statement, which was widely criticised [...]
Letters: Britain’s best in class NFT April 6, 2022 [Re: Sunak sets out plan to turn UK into ‘global hub’ for crypto, April 4] Rishi Sunak’s plans to turn the UK into a ‘global hub’ for crypto are a much-welcomed step in the right direction if Britain’s financial services industry is to remain world class – but we need to make sure our country’s [...]
Explainer: Why the Treasury is sold on the promise of stablecoins April 6, 2022 The UK was left reeling this week by the revelation that Rishi Sunak intends to turn the UK into a "global hub" for crypto assets.