Jeremy Hunt ordered a review of the so-called tourist tax, the clearest indication yet that the Treasury could be on the verge of a major policy reversal which would give
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Tata Steel is accused by MPs of using a bluff to get the government to give it a £500m bailout. This was a “deal for the century”, made on taxpayers’
Sinn Fein said that a united Ireland was “within touching range” as it prepared to take on the role of Northern Ireland First Minister for the first. Mary Lou McDonald
Jeremy Hunt warned the cabinet of the possibility that the tax cuts included in the spring budget could be less than expected due to “major structural weakness” in the economy.
Jeremy Hunt has begun preparing for a public sale of NatWest shares worth billions of pounds, which could happen as early as June. This would be reminiscent of Margaret Thatcher’s
In response to increased scrutiny over foreign investment in British infrastructure, the government has imposed restrictions on Vodafone’s relationship with its largest shareholder e&. This is the United Arab Emirates
AstraZeneca wants up to £100m in government assistance to expand its vaccine production facility located in the northwest of England. The UK’s largest public company, which is also the most
BlackRock warned that the prospect of pre-election tax reductions and spending promises could lead to a return of “bond vigilantes”, and an increase in bond sales. The asset manager said
The income tax revenue has risen by 70 percent since 2010, to £264 billion. This shows the dramatic increase in tax burden that successive Conservative governments have overseen since they
The American entertainment company that had been backing a 21,500 capacity Sphere venue in East London has dropped the project, claiming it became a “political ball” between the London mayor
On Sunday, UK Prime Minister Rishi sunak and Labour Leader Sir Keir starmer squared off for a “fight”, as they set the battle lines for the general election to be
The UK chancellor Jeremy Hunt announced that the Spring Budget 2024 will take place on 6 March, leaving the door open for a potential early general election to be held
After ministers in Edinburgh tried to cut back on public services while funding a council tax freeze, they decided to tax higher earners in Scotland. Shona Robertson, Scotland’s Finance Secretary,
According to a cross-party group, the UK government was unable to prove that taxpayers received value for money on the £259bn it spent in public procurement between 2021-22. In a
A trade group has cautioned that Michael Gove’s proposal to limit ground rentals in England and Wales may expose the government to multi-billion pound compensation claims from institutional investors. The
The UK has struck a proposed pay deal with unions representing senior doctors, potentially ending six months of strikes that have worsened waiting times in the National Health Service. While
