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Taxpayer backed staggering £68.2bn in emergency loans to keep businesses afloat through pandemic By Daily Mail City & Finance Reporter Published: 21:50 GMT, 1 January 2021 | Updated: 21:50 GMT, 1 January 2021 The taxpayer has backed a staggering £68.2billion in emergency loans to keep businesses afloat through the Covid-19 pandemic. The Treasury’s lifeline loan … Read more
A double murderer who gunned down a mother-of-nine and her nephew received more than £600,000 of taxpayers’ money in legal aid across five trials, it has emerged. Revolver-wielding Obina Ezeoke snuck into a family home and executed Bervil Kalikaka-Efoko, 21 and his aunt Annie Efoko, 53, four years ago in north London. He blasted Bervil … Read more
A double murderer who gunned down a mother-of-nine and her nephew received more than £600,000 of taxpayers’ money in legal aid across five trials, it has emerged. Revolver-wielding Obina Ezeoke snuck into a family home and executed Bervil Kalikaka-Efoko, 21 and his aunt Annie Efoko, 53, four years ago in north London. He blasted Bervil … Read more
The soaring cost of Eat Out To Help Out: Rishi Sunak’s discount scheme to help pubs and restaurants cost taxpayers £849million – 70% OVER its £500million estimate – after 49,000 firms claimed for more than 160million meals in August The Treasury estimated that the scheme would cost £500million in total But it overshot the mark … Read more
Tens of millions of pounds of our cash is being ploughed into China’s vast economy every year – on schemes including opera and rice production. In an unprecedented audit, the Mail has uncovered £81million in aid sent to the world’s second largest economy. It exposes how the UK taxpayer is boosting China’s prosperity despite the … Read more
Jewellery designer Michael Saiger set up a PPE business during the covid crisis – and a middleman he used was handed £21million of taxpayers’ cash A Spanish businessman was paid £21million of taxpayers’ cash after he acted as a middleman for a Florida-based jewellery designer who turned to selling PPE to the NHS, court papers … Read more
The Government’s tax gurus have drawn up a blueprint to raise a ‘substantial’ amount from the wealthiest taxpayers with a capital gains tax overhaul that would hit stock market investments, second homes and buy-to-lets. A report into how sales are taxed floats a number of ways to rake in extra cash, including hiking capital gain … Read more
Is Rishi Sunak propping up failing firms with taxpayers’ cash? The number of businesses going bust falls almost 40 per cent in the third quarter of 2020 compared to this time last year Chancellor has ploughed billions into securing the jobs of millions of workers He has also introduced schemes underwriting loans for thousands of … Read more
Head of Boris Johnson’s vaccine taskforce bills taxpayers £670,000 for a team of boutique PR consultants to oversee her media strategy Kate Bingham, 55, has hired eight full-time consultants from Admiral Associates Costs involved mean that each consultant is on the equivalent of £167,000 a year Team help Ms Bingham to draft statements and prepare for … Read more
Extinction Rebellion protests have cost taxpayers £15 million in policing costs since April alone with disruptive stunts including blocking newspaper printers. The Home Office gave the Metropolitan Police millions of pounds of taxpayer money so far this financial year to fund the mounting costs of policing the extreme environmentalist group. Last month, 600 XR protestors … Read more