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For Labour veterans of the financial crisis the Epstein files revealed a betrayal – but 16 years on, is the City calling the shots? Today’s advocates of a windfall tax on the UK’s highly profitable banking sector detected a whiff of familiarity in Pet…
Jump of £37bn in budget deficit by 2040 would force government to increase taxes, NIESR predictsThe UK economy would be 3.6% smaller by 2040 if net migration fell to zero, forcing the government to raise taxes to combat a much bigger budget deficit, a …
Airports identified as biggest winners of government’s £4.3bn support package with Heathrow alone taking £900m discountStruggling hotels, restaurants and nightclubs are calling for more financial help with business rates after it emerged that Heathrow …
Party’s pitch to voters in May Holyrood elections dismissed as ‘profoundly unserious, almost comically so’ by analystsUK politics live – latest updatesReform UK would slash what it calls “highly dubious” environmental protection measures to help fund a…
Party’s pitch to voters in May Holyrood elections dismissed as ‘profoundly unserious, almost comically so’ by analystsUK politics live – latest updatesReform UK would slash what it calls “highly dubious” environmental protection measures to help fund a…
Health secretary will describe plan to offer tax relief on private healthcare as ‘tax cut for the wealthiest’Reform UK’s policy of tax relief on private health insurance could cost the country £1.7bn, the health secretary, Wes Streeting, is expected to…
Millions of graduates are trapped by ballooning debts, as their repayments are dwarfed by the interest addedHelen Lambert borrowed £57,000 to go to university and began repaying her student loan in 2021 after starting work as an NHS nurse.Since then sh…
Celebrity chef warns UK government’s plans for higher business rates from April ‘simply will not work’The celebrity chef Gordon Ramsay has accused the government of cooking up a kitchen nightmare at restaurants across the country with tax changes that …
Full VAT on meat products could cost EU households as little as €26 a year but cut impact by 3-6%, says paperThe environmental impacts of meat consumption could be rapidly and cheaply reduced if governments applied full VAT on products such as beef, po…
While better-than-expected data for November offers hope for UK economy, clouds remain on the horizon• UK economy grew by better-than-expected despite budget uncertainty• Business live – latest updates• UK politics live – latest updatesAt the end of la…