Tag:Tax and spending
Benefits
Winter fuel: 780,000 UK pensioners entitled to payment will lose it
About 780,000 pensioners who need the winter fuel payment will lose out on it when Labour begins means-testing the benefit, according to the government’s...
Business
Can UK avoid national debt almost tripling over next 50 years?
A near tripling of the national debt; public spending accounting for well over half the economy’s annual output; government borrowing at levels never seen...
Benefits
We did not do impact assessment of winter fuel payment cut, No 10 admits
Ministers did not carry out a specific impact assessment on the withdrawal of the winter fuel payment from the bulk of pensioners, such as...
Business
UK debt projected to almost triple over next 50 years, watchdog warns
The UK’s debt mountain will almost triple to more than 270% of national income over the next 50 years because of pressures from an...
Economic policy
Why did Starmer cut the winter fuel allowance? It’s called Treasury brain – and that spells trouble | Rafael Behr
An unwritten law of Westminster mechanics states that power, in the absence of a countervailing force, gravitates to the Treasury.The governing agenda can be...
Benefits
UK government has ‘no choice’ but to cut winter fuel payment, says minister
The UK business secretary, Jonathan Reynolds, has said the government has “no choice” over cutting the winter fuel allowance, and urged Labour MPs to...
Business
UK debt must be steered off unsustainable course, warns Lords committee
The pressing risk of the national debt becoming unsustainable will force Britain into the unenviable choice of paying higher taxes or the state doing...
Banking
Labour’s first job is not to spend, but to fix the UK’s financial plumbing | Phillip Inman
Every time an upmarket home is bought in the UK, the new residents seem obliged to rip out the kitchen and install two bathrooms...
Latest news
Why is the Bank being cautious in delaying rate cuts?
After the Federal Reserve’s monster 0.5 percentage point cut in US borrowing costs on Wednesday, it seemed strange that...
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Axel Springer’s media assets to be split off in €13.5bn KKR deal
Axel Springer has struck a €13.5bn (£11.3bn) deal that will see its media assets, which include Politico, Business Insider...
U.S. Taxpayer Data at Risk? LockBit Ransomware Claims Attack on IRS-Authorized eFile
Sensitive tax information of citizens in the U.S. could potentially be stolen after the notorious LockBit ransomware group...
Must read
Jennifer Aniston’s Ex Justin Theroux Wishes Her Happy Birthday on Instagram
What was expected of her was the same thing...