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21 Jul 21
Chancellor Rishi Sunak will have little headroom for extra commitments in the autumn Spending Review, according to the Institute for Fiscal Studies.
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27 May 21
Dominic Cummings, the prime minister’s former adviser, described the Department of Health’s procurement system as “completely useless” at dealing with Covid-19, but praised chancellor Rishi Sunak in...
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5 May 21
Chancellor Rishi Sunak has distanced himself from a post Covid-19 tax raid on higher earners, as he insisted the UK tax system is already “very progressive”.
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6 Apr 21
The government faces legal action over allegations it designed the £4.8bn Levelling Up Fund for electoral advantage.
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4 Mar 21
Rishi Sunak's plans rely on an optimistic vision of the future and implausible spending targets, say Institute for Fiscal Studies research economists Ben Zaranko and Isabel Stockton.
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3 Mar 21
Rishi Sunak has once again announced billions of pounds of spending as the government attempts to tackle the economic crisis caused by Covid-19, but has drawn criticism for failing to adequately...
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3 Mar 21
Chancellor Rishi Sunak has announced planned tax measures – phased in over the next four years – which will see the UK’s tax burden rise to the highest level since the late 1960s.
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3 Mar 21
A new Treasury campus in Darlington, the location of eight ‘freeports’ and details of how local authorities can bid for a £4.8bn infrastructure fund are among a series of Budget measures aimed at ‘...
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2 Mar 21
The 2021 Budget will see the launch of the UK’s first green bond, more post-Covid-19 support and a new anti-fraud agency– PF rounds up what announcements the chancellor has in store.
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23 Feb 21
A rise in corporation tax and extensions to the Universal Credit uplift and furlough scheme are among potential government Budget moves being reported in the national press. PF rounds up the rumours.
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8 Feb 21
Treasury officials are looking into the implementation of an online sales tax and an ‘excessive profit’ levy, in response to the increase in online shopping resulting from Covid-19, according to...
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2 Feb 21
Chancellor Rishi Sunak will stand by the 2019 Conservative manifesto pledge and not raise income tax, VAT or national insurance in the upcoming budget, according to reports.
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28 Jan 21
Chancellor Rishi Sunak is set to announce plans to raise taxes – before cutting them in time for the next election – according to reports.
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18 Jan 21
Chancellor Rishi Sunak is considering reversing historic corporation tax cuts in the March Budget and longer-term reforms to stamp duty and council tax, according to reports.
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5 Jan 21
Chancellor Rishi Sunak has announced a grant funding package worth up to £4.6bn to be allocated by councils, to help keep businesses in Britain afloat following the third national lockdown.
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3 Dec 20
Chancellor Rishi Sunak has warned that servicing the government’s record debt could become “problematic” if interest rates start to rise.
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23 Nov 20
Chancellor Rishi Sunak has vowed that the upcoming Comprehensive Spending Review will not see a return to austerity.
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12 Nov 20
UK GDP soared by a record 15.5% in the third quarter of this year as lockdown measures were loosened, according to the Office for National Statistics.
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10 Nov 20
Chancellor Rishi Sunak has announced the UK is set to issue its first sovereign green bond next year, in a bid to help meet the government’s 2050 carbon net zero target.
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5 Nov 20
The government has announced it is extending the Coronavirus Job Retention scheme for a further four months, alongside increased support for self-employed workers.
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29 Oct 20
Councils face a massive rise in business rates appeals, which have reached around 1,000 a day as a result of Covid-19, according to real estate firm Colliers.
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22 Oct 20
Chancellor Rishi Sunak has announced the government is to amend its Job Support Scheme to increase support to businesses affected by reduced trade resulting from Covid-19.
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21 Oct 20
Public sector net borrowing reached the highest level ever recorded in the first half of the fiscal year as the government tried to deal with the health and economic consequences of Covid-19.
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12 Oct 20
The government is set to expand its Job Support Scheme, to help workers and businesses who have had to shut due to local lockdown restrictions.
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5 Oct 20
Chancellor Rishi Sunak signalled that plans for the government to get debt back under control will be pushed into the medium term, following this year’s record borrowing.
21 Jul 21Chancellor Rishi Sunak will have little headroom for extra commitments in the autumn Spending Review, according to the Institute for Fiscal Studies.
27 May 21Dominic Cummings, the prime minister’s former adviser, described the Department of Health’s procurement system as “completely useless” at dealing with Covid-19, but praised chancellor Rishi Sunak in...
6 Apr 21The government faces legal action over allegations it designed the £4.8bn Levelling Up Fund for electoral advantage.
3 Mar 21Chancellor Rishi Sunak has announced planned tax measures – phased in over the next four years – which will see the UK’s tax burden rise to the highest level since the late 1960s.
3 Mar 21A new Treasury campus in Darlington, the location of eight ‘freeports’ and details of how local authorities can bid for a £4.8bn infrastructure fund are among a series of Budget measures aimed at ‘...
8 Feb 21Treasury officials are looking into the implementation of an online sales tax and an ‘excessive profit’ levy, in response to the increase in online shopping resulting from Covid-19, according to...
28 Jan 21Chancellor Rishi Sunak is set to announce plans to raise taxes – before cutting them in time for the next election – according to reports.
12 Nov 20UK GDP soared by a record 15.5% in the third quarter of this year as lockdown measures were loosened, according to the Office for National Statistics.
29 Oct 20Councils face a massive rise in business rates appeals, which have reached around 1,000 a day as a result of Covid-19, according to real estate firm Colliers.
22 Oct 20Chancellor Rishi Sunak has announced the government is to amend its Job Support Scheme to increase support to businesses affected by reduced trade resulting from Covid-19.
