Khan convicted for not taxing car he denies owning
Mayor of London Sir Sadiq Khan has been convicted and fined in a fast-track court system after being accused of not taxing a 24-year-old Nissan Micra. The Labour politician, 55,…
Pensioners now need £64,000 more to retire than they did five years ago
Fiscal drag means more people are paying higher tax rates without necessarily being more well-off Frozen tax thresholds and rising inflation mean pensioners could now need tens of thousands of…
UK government borrowing costs soar to a 28-year high ahead of Budget
Higher rates on the bonds will therefore mean that it costs UK more in order to borrow money Long-term borrowing costs for the UK government have surged to their highest…
UK long-term borrowing costs hit 28-year high
The UK government’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday as a global bond sell-off gathered pace. The yield – in effect the interest…
UK house prices rise for first time since April, says Nationwide
UK house prices increased for the first time in four months in August, according to a leading index, as buyers and sellers remained in a “holding pattern” before an expected…
UK house prices rise for first time since April, says Nationwide
UK house prices increased for the first time in four months in August, according to a leading index, as buyers and sellers remained in a “holding pattern” before an expected…
Andy Burnham latest: Healey promises to hike defence spending after Trump’s latest Falklands threat
The chancellor insisted he is ‘100 per cent’ committed to spending three per cent of GDP on defence John Healey has promised to hike UK defence spending after Donald Trump…
Price rises gather pace in UK shops amid higher energy costs
The pace of price rises in UK shops rose to its highest level in two years in August, a trade body index shows, with higher energy costs pushing up the…
John Healey invites October budget ideas from Treasury staff of all levels
John Healey has asked junior Treasury staff – including IT workers and apprentices – to send him ideas for his October budget, saying he will listen to all suggestions regardless…
The London office, the empty boxes and the £1bn tax loophole
From the outside, the seven-storey building at 2 America Square looks like any other office block in the heart of London’s financial district. Located about half a mile from Tower…