Data suggests foreign firms are responsible for almost a third of underpaid tax January 31, 2022 New analysis released today has revealed that foreign companies are responsible for almost a third of underpaid tax in the UK according to HMRC, with large US-owned businesses making up the highest percentage.
Former aide to Boris Johnson lashes out at No 10 over parties scandal January 31, 2022 A senior Downing Street official has attacked the government for failing to be honest with the public over breaking lockdown rules.
Johnson to meet tech bosses in push to make London more attractive for IPOs January 31, 2022 Boris Johnson will today meet with a group of tech bosses to discuss how to make the UK a more attractive destination for Initial Public Offerings (IPOs) post-Brexit. It comes as the government is set to shed or ease a series of EU regulations on financial services later this year in a bid to boost [...]
Typical British household pays over £1m in taxes in their lifetime… before national insurance hike January 31, 2022 The average household in the UK pays over £1m in taxes in their lifetime even before the national insurance hike comes into effect, reveals a fresh study released today. The new research underlines the heavy tax burden Brits are already shouldering even before the 1.25 percentage point national insurance hike takes effect in April. According [...]
Domestic air passengers set for more generous compensation scheme for delays January 31, 2022 Neil Lancefield PA More passengers will receive compensation for delayed domestic flights under plans announced by Transport Secretary Grant Shapps. The Cabinet minister is proposing to make travellers entitled to payouts for flights within the UK which arrive at their destination more than one hour late. The UK currently uses the European Union’s EU261 rule, [...]
Editorial: These “tax-cutting Conservatives” seem very keen on hiking taxes January 30, 2022 If it quacks like a high-tax duck and talks like a high-tax duck, it is difficult to believe that it is fact anything but a high-tax duck. So it is with Boris Johnson and Rishi Sunak, who professed this weekend to be “tax-cutting Conservatives” in a column confirming they were dead set on hiking national [...]
National Insurance rise to hit Canada small businesses the hardest in UK January 30, 2022 Small businesses in Canada will be the worst hit in the UK by the coming rise in National Insurance, according to new research shared with City PM Figures from the House of Commons library, and collated by the Liberal Democrats, show small businesses in the Cities of London and Westminster constituency will [...]
NHS severs funding from bookies January 30, 2022 The NHS is set to cut all ties with the gambling industry for funding for its addiction clinics because of concerns that it may conflict with its work.
Truss: UK willing to sanction Russian oligarchs close to Putin over Ukraine January 30, 2022 The UK will level tough sanctions on Russian oligarchs close to Vladimir Putin if he invades Ukraine, Liz Truss has said. The foreign secretary said she would next week introduce legislation in parliament that will “target more Russian interests that are of direct reliance to the Kremlin” and that the sanctions would come in place [...]
‘Tax-cutting Conservatives’ Boris Johnson and Rishi Sunak confirm tax rise is going ahead January 30, 2022 The Prime Minister and Chancellor have doubled down on a controversial planned tax hike to boost health funding, after it was reported that Boris Johnson was “wobbling” on the policy. The PM is under pressure from some Conservative MPs to scrap or at least delay the national insurance increase to win back support as he [...]
