‘Tax sandwich’ on offer despite Chancellor’s promise of March cuts February 21, 2024 Lower interest rate expectations are likely to increase the Chancellor's headroom from £13bn in the Autumn Statement to £23bn this spring, according to the Resolution Foundation.
Hunt facing clash with the City as Treasury doubles down on share tax February 14, 2024 The Chancellor Jeremy Hunt is facing a potential clash with the Square Mile in the coming weeks after the Treasury doubled down on an unpopular tax on share trading yesterday.
Spring Budget 2024: Tourist tax under review ahead of next week’s statement February 4, 2024 The so-called ‘tourist tax’ is under review ahead of the Spring Budget, according to reports, indicating the Treasury could ditch the policy.
Start-up backlash: Treasury looks to soften controversial rule change after fury from investors January 26, 2024 The City minister is set to meet top start-up groups next week to discuss softening its controversial investing rule changes, after a backlash from the industry and pressure from another government department.
Digital pound: Ensuring privacy a ‘core design feature’ of Britcoin, Bank of England says January 25, 2024 CBDC is a digital form of cash which will be created by the Bank of England, unlike existing digital payments which are created through the private sector.
Treasury spat intensifies as mandarins hit back at watchdog ‘fiction’ smear January 24, 2024 Treasury spat intensifies as mandarins hit back at watchdog 'fiction' smear
OBR chief: Governments have been ‘gaming’ fiscal rules, meeting ‘letter not the spirit’ of financial guidelines January 23, 2024 The comments come as new figures showed the government borrowed substantially less than expected in December thanks to lower interest payments on debt.
Inheritance tax on course for record year of receipts (again) amid calls to scrap it January 23, 2024 The Treasury collected £5.7bn from inheritance tax in the first three quarters of the 2024 financial year, according to figures released today.
Will lower inflation deliver the windfall the Chancellor Hunt is hoping for? January 23, 2024 But hang on. It was not that long ago that borrowing was coming in lower than expected because inflation was higher.
Falling inflation helps government borrow much less than expected in boost for tax cut hopes January 23, 2024 The latest round of figures come as the government lines up its latest round of tax cuts, which are likely to be announced in the Spring Budget.