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Treasury campus in ‘overlooked’ Teesside is a ‘golden opportunity’ to level up the North, say business leaders By Matt Oliver For The Daily Mail Published: 22:06 GMT, 17 February 2021 | Updated: 22:06 GMT, 17 February 2021 More than 100 business leaders have called for the Treasury’s new northern campus in ‘overlooked’ Teesside. In a … Read more
Row breaks out over Treasury’s plan to set up Northern base after top civil servants accused of ‘Yes, Minister’ style stitch-up Rishi Sunak has proposed moving 800 officials to the hub – dubbed Treasury North – with locations thought to include Leeds, Teesside and Newcastle But top civil servants have been accused of trying to … Read more
Treasury could step in to support some of this year’s biggest summer music festivals after organisers struggle to get cancellation insurance By Emma Dunkley, Financial Mail On Sunday Published: 21:50 GMT, 23 January 2021 | Updated: 21:50 GMT, 23 January 2021 The Treasury could step in to support some of this year’s biggest summer music … Read more
Treasury says it has ‘no plans’ to lower VAT on energy bills, despite promises to scrap the tax after Brexit By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 22:05 GMT, 16 January 2021 The Treasury has said it has ‘no plans’ to lower VAT on energy bills, despite … Read more
‘Team Rishi’ has released yet more behind-the-scenes pictures taken by his personal photographer as the Tory Chancellor announced a new £4.6billion bailout for lockdown-hit firms to add to Britain’s debt mountain. 5ft 6ins Mr Sunak is seen looking mean and moody at his Downing Street office doorway clutching an iPhone before taking off his jacket to enthusiastically … Read more
One in five train services could be AXED next year as treasury tightens the purse-strings after propping up the network during Covid Rail capacity could be slashed to 80 per cent of pre-pandemic service levels One of many measures being considered to reduce strain on public purse Rishi Sunak reported to ahve approved £2.1billion to ensure … Read more
Boost for smaller banks as Treasury names City veteran Keith Skeoch for major review Keith Skeoch will lead a review of banking regulations He will revisit the stringent rules put in place to rein in banks after 2008 crisis The review is also expected to form part of plans to boost the sector after Brexit … Read more
Billionaire Phones4U founder John Caudwell to discuss his proposals to reboot economy with Treasury By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 19 December 2020 | Updated: 22:27 GMT, 19 December 2020 Vision: Billionaire John Caudwell has outlined plans for a huge investment drive Billionaire Phones4U founder John Caudwell is to discuss his proposals … Read more
The Treasury has said it must consider how to offset a fiscal black hole from lost tax income when drivers transition to electric vehicles in its latest report. It said it will be forced to increase other taxes or cut funding for services to compensate for the loss in taxes on polluting cars as well … Read more
RUTH SUNDERLAND: Setting up Treasury North on Teesside would be a huge show of faith – it would be an investment that will deliver real returns Rishi Sunak sees himself as a Northern Chancellor but does not conform to the old Andy Capp stereotype His plan to tilt the balance of economic power away from … Read more