Labour describes plan as ‘smokescreen for the Conservatives’ failure to deliver’ in the pastHundreds of thousands of families are to receive extra support as part of a £500m package from the government that will include the creation of a network of “fa…
Hospitality and tourism bosses plead for VAT rate freeze at 12.5%
Coalition of UK industry bodies warns of ‘painful’ job losses if Treasury returns tax to pre-Covid levels in AprilHospitality and tourism bosses are pleading with the government to permanently lower the VAT rate on businesses in their sectors to help s…
It measures everything in short, except that which makes life worthwhile
Enough with the GDP — it’s time to measure genuine progress – “Unlike GDP, the Genuine Progress Indicator is designed to measure economic performance from the perspective of ordinary American households, not corporations or Wall Street investors.”[1,2]…
Taxing the lower-paid could stop the economic recovery in its tracks
With a slew of bigger household bills approaching, Sunak is hampering growth and the green transition by being hawkishThere are plenty of nasty bills looming for the average British household that could persuade many to keep their savings firmly on dep…
Rishi Sunak confirms autumn budget to take place on 27 October
Ministers lobby chancellor for their departments before announcement of £140bn in extra spendingRishi Sunak has given the date of 27 October for his autumn budget, announcing plans to support public services and revive the economy with £140bn of extra …