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Crown estate leases seabed rights to new projects as oil firms look to replace gas and diesel generatorsThe Scottish government will earn more than £260m after agreeing to lease areas of its seabed to floating offshore wind projects that can power oil …
Labour leader earned little outside his parliamentary income apart from windfall after sister sold home he helped her buyKeir Starmer has released his tax returns for the last two years, showing that he earned little outside his parliamentary income ex…
Documents show PM made nearly £5m in past three years thanks mainly to gains from US investment fundSunak’s tax return: the questions that remain unansweredRishi Sunak has made nearly £5m over the past three years thanks mostly to gains from his US inv…
Labour says chancellor had time to draw up more targeted changes rather than including wealthiest saversJeremy Hunt previously backed Labour’s idea of giving a pensions tax break only to NHS staff, despite ruling out such a move in this week’s budget b…
Shadow chancellor says pension changes are ‘wrong priority, at the wrong time, for the wrong people’Rachel Reeves claimed that Jeremy Hunt’s budget was “unravelling before our eyes” as Labour criticised the chancellor for handing a tax cut to the wealt…
Pensions tax-break for very wealthy contrasts badly with huge increases faced by basic and higher rate taxpayersAs an advertising slogan, “pay more get less” has limited appeal and so Jeremy Hunt was keen to focus on other aspects of his budget as he d…
Unions recommend members accept pay offer Sinn Féin’s US fundraising arm has caused a row by calling for a referendum on Irish unity in adverts in the New York Times, Washington Post and other US publications.The half-page ads were paid for by Friends …
Shadow chancellor says decision to axe lifetime allowance is ‘wrong priority at the wrong time for the wrong people’Budget 2023: key points at a glanceWhat the budget means for people on a range of incomesThe Labour party has vowed to reverse the chanc…
Taxes on track to hit a 70-year high and will be 4.7% higher than in 2019-20, says Resolution FoundationBudget 2023: key points at a glanceThe UK is investing too little and growing too slowly while living standards stagnate, a thinktank has said follo…
Measure over next three years will allow firms to write off costs of IT equipment and machinery against tax on profitsBudget 2023 live: reaction to Jeremy Hunt’s statementBudget 2023: key points at a glanceJeremy Hunt has launched a flurry of tax break…