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Rishi Sunak was today warned that hiking taxes too early risks wrecking the fledgling economic recovery as a think-tank said the UK faces the biggest hit in the G7 The respected NIESR urged the Chancellor to be cautious in his Budget next month, despite hints that he intends to start repairing the battered public finances. … Read more
RUTH SUNDERLAND: Rishi Sunak clearly feels enough is enough… and he’s right By Ruth Sunderland for the Daily Mail Published: 00:49 GMT, 8 February 2021 | Updated: 00:49 GMT, 8 February 2021 Rishi Sunak’s plan to tax the obscene profits being made in the pandemic by Amazon and fellow online retailers cannot come into force … Read more
Business rates must be cut permanently to prevent lasting fallout for high streets and jobs, retail bosses warn the Chancellor today. The heads of some of the UK’s top stores, including Tesco, Asda and Waterstones, are urging Rishi Sunak to use next month’s Budget to save shops devastated by the pandemic. They want business rates … Read more
Rishi Sunak ‘fears scientific advisors are ‘moving the goalposts’ on when lockdown can end but tells allies he hopes ‘fat lady sings’ moment when restrictions are banished for good is close’ Chancellor is eager to ease restrictions as soon as possible to kickstart recovery He is said to be anxious that nation’s top scientists are … 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
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
Reform Britain’s outdated business rates system now to help High Street survive the pandemic, Sunak told By Lucy White For The Daily Mail Published: 21:50 GMT, 18 January 2021 | Updated: 21:50 GMT, 18 January 2021 Britain’s outdated business rates system must be ripped apart and rebuilt to ensure the High Street can survive and … Read more
Rishi Sunak is facing a Tory backlash amid claims he wants to hike corporation tax in the March Budget. The Chancellor is desperately seeking ways to restore the public finances after they were hammered by coronavirus, with fears borrowing will top £400billion this year. Grim forecasts suggest the economy is on track for a double-dip … Read more
Rishi Sunak is at the centre of a Cabinet row over whether to extend a £20-a-week increase to Universal Credit payments, it was claimed today, ahead of a crunch Labour vote on the issue. The Chancellor is said to want to scrap the increase which was put in place last year to help families through … Read more