4+ day, 51+ min ago   (722+ words) Andy Burnham is facing growing pressure to introduce a “social tariff” on energy bills as unions call for higher taxes on banks, wealth and investment income to help cut costs for millions of households. The Trades Union Congress is urging…...

4+ day, 22+ hour ago   (620+ words) Plans to align the UK’s Income Tax and Capital Gains Tax rates would represent a fundamental shift in the tax system and could discourage investment, according to Sean Drury, head of tax at Blick Rothenberg. Speculation over aligning the two…...

4+ day, 5+ hour ago   (679+ words) English mayors are set to gain powers to impose uncapped taxes on overnight visitors, under plans that could increase the cost of hotel stays and holidays for British families as well as international tourists. The proposed “overnight visitor levy” would…...

6+ day, 5+ hour ago   (665+ words) Britain’s night-time economy has welcomed Chancellor John Healey’s emphasis on growth and wealth creation but warned that further tax increases could accelerate business closures across an already struggling sector. The intervention follows Mr Healey’s first major economic speech, in which…...

6+ day, 4+ hour ago   (634+ words) Chris Rokos, one of Britain’s largest individual taxpayers, is reportedly preparing to leave the UK for Greece, as businesses and wealthy individuals await the government’s October Budget amid speculation of further tax increases. Rokos, the billionaire founder of hedge fund…...

6+ day, 22+ hour ago   (890+ words) Households could be owed hundreds or even thousands of pounds in overpaid tax, with married couples, workers and people accessing their pensions among those being encouraged to check. From an overlooked marriage tax break to emergency tax applied to pension…...

1+ week, 2+ hour ago   (1098+ words) Andy Burnham has been accused of “sacrificing British jobs” after Jaguar Land Rover announced plans to axe around 4,000 positions, with the majority of the cuts expected to hit its UK operations. The jobs bloodbath will pile further pressure on the…...

1+ week, 2+ hour ago   (588+ words) A British-owned cigarette factory has been engulfed by fire after a Russian strike, in the latest attack to hit a major industrial site in Ukraine. The British American Tobacco Ukraine factory in Pryluky, in Chernihiv Oblast east of Kyiv, was…...

1+ week, 5+ hour ago   (1073+ words) Britain risks deepening its economic malaise by raising taxes again, a former adviser to three US presidents has warned, as pressure mounts on Andy Burnham and Chancellor John Healey ahead of next month’s Budget. Arthur Laffer, the influential American economist…...

1+ week, 2+ day ago   (832+ words) Chancellor John Healey has warned that his first Budget could involve difficult decisions as the economic consequences of Donald Trump’s war with Iran feed through into inflation, growth and government borrowing costs. The warning comes after a sharp rise in…...