Breaking news
Property sales worth billions are at risk over cliff-edge when stamp duty holiday ends, MPs warn MPs have warned thousands of house sales at risk when stamp duty holiday ends Cross-party debate heard billions of pounds risked unless tax cut was extended Homebuyers now face anxious wait for Rishi Sunak’s March 3 Budget By Martin … Read more
Statistics experts today raised questions over whether the UK has really been the worst hit major economy during coronavirus. Analysis from the government’s watchdog pointed out that many other countries in the G7 do not compile GDP figures in the same way. After Rishi Sunak complained that the data do not show the true … Read more
Tax burden ‘is at highest level for SEVENTY YEARS’ amid warnings Rishi Sunak will strangle recovery if he moves to fill black hole in government finances at Budget next month By James Tapsfield Political Editor For Mailonline Published: 08:17 GMT, 1 February 2021 | Updated: 08:17 GMT, 1 February 2021 The tax burden is at … Read more
Rishi Sunak is said to be targeting business tax rises to pay for the massive level of public spending during the pandemic – amid warnings that the economy could take a decade to recover. The Chancellor is mulling increases to capital gains tax – paid on shares and other asset sales to bring it into … Read more
Is Rishi Sunak set to extend the stamp duty holiday? Calls grow to keep relief after March 31 amid fears of a hit to housing recovery Chancellor Rishi Sunak is under mounting pressure to extend stamp duty cut Ducked questions on the issue as he was quizzed in the Commons this week Tory sources said … Read more
Pressure is mounting on the Chancellor to sanction a £10billion rescue package for families hit by the building safety scandal. Rishi Sunak is being pressed by Housing Secretary Robert Jenrick to come up with a multi-billion-pound deal to repair homes with dangerous cladding. Ministers are considering imposing a levy on construction firms to make them atone … Read more
Bonmarché, the value-oriented clothing retailer, went into administration for the second time in a year on 2 December 2020. There are 226 stores and more than 1200 employees. It is owned as a separate business by Philip Day, whose EWM is also in crisis (see below). Philip Day put this company into administration a few … Read more
Rishi Sunak hints taxes will go up in March Budget telling Tory MPs that increases now to fill Covid black hole means they can be cut BEFORE the 2024 election By David Wilcock, Whitehall Correspondent For Mailonline Published: 13:19 GMT, 28 January 2021 | Updated: 13:22 GMT, 28 January 2021 Rishi Sunak has sent out … Read more
More than a million self-employed workers are missing out on financial support from the Government because they have another source of income leaving many facing ‘serious hardship’, warns the IFS Government set up Self-Employment Income Support Scheme during pandemic It provides payments once a quarter worth 80 per cent of pre-pandemic profits But Institute for … Read more
Universal Credit £20-a-week uplift could be replaced with a £1,000 one-off payment amid growing pressure on ministers not to axe extra support as No10 insists Rishi Sunak is yet to make a final decision Therese Coffey said ministers will decide ‘soon’ whether to extend the increase Chancellor has been resisting growing pressure to extend the … Read more