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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.
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2 Oct 20
Chancellor Rishi Sunak has been asked by Parliament’s Treasury Select Committee asked to explain the arrangements put in place to help devolved administrations mitigate issues arising from the...
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29 Sep 20
Making the upcoming Comprehensive Spending Review a single year would be a “sensible decision”, according to the Institute for Fiscal Studies.
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23 Sep 20
Is chancellor Rishi Sunak likely to opt for another one-year spending round, and how constrained are his fiscal policy choices?
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11 Sep 20
Imposing tax increases too early could “stifle” the UK’s economic recovery from the coronavirus pandemic, a report from the Treasury Select Committee has warned.
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4 Sep 20
The Treasury’s ‘Eat Out to Help Out’ scheme intended to help the hospitality industry during the pandemic has cost the government more than £522m.
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2 Sep 20
Work and pensions secretary Therese Coffey has suggested the cutting of taxes could help stimulate the economy post-Covid-19.
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24 Aug 20
The UK Treasury has denied reports that it is to drop the recently-implemented digital services tax amid fears it could jeopardise a post-Brexit trade deal.
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5 Aug 20
A reported proposal to raise business rates for the most valuable properties has the potential to be hugely unfair, Savills has warned.
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9 Jul 20
Government borrowing in response to Covid-19 could rise to £500bn in the wake of chancellor Rishi Sunak’s economic package announced yesterday, according to the Institute for Fiscal Studies.
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8 Jul 20
Chancellor Rishi Sunak has announced government plans to help safeguard workers’ jobs, as part of a £30bn package announced today.
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29 May 20
Chancellor Rishi Sunak has confirmed the government is to extend the Self-Employment Income Support Scheme.
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28 May 20
The House of Lords Economic Affairs Committee has urged the government to end its delay on social care reform.
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26 May 20
The government’s £1bn Building Safety Fund aimed at making high-rise and high-risk buildings across the country safe from fire has been branded inadequate by the Greater Manchester High Rise Task...