Category : Search result: bank tax


Banks set to escape tax rises in Reeves budget

Chancellor Rachel Reeves is expected to spare Britain's banking sector from tax rises in her first major Budget, despite previous Labour criticism of bank profits during the cost-of-living crisis.

Bank of England Holds Interest Rates at 5.25%

The Bank of England maintains interest rates at 5.25% amid political pressure and economic uncertainty, setting the stage for a crucial budget announcement from Rachel Reeves.

Pay-Per-Mile Road Tax Plan for UK Drivers

Labour's proposed pay-per-mile road tax system could revolutionise how British motorists are charged, with Rachel Reeves considering a major overhaul of current vehicle taxation.

Pay-Per-Mile Road Tax Plan for Electric Vehicles

Chancellor Rachel Reeves is planning a major road tax overhaul that could see electric vehicle owners paying per mile. Discover how this new system might work and what it means for UK drivers.

BDO fined £6.5m for fake audit evidence

The UK's accounting watchdog has handed BDO a massive £6.5 million penalty after discovering the audit giant fabricated documents and misled investigators in the Aldermore Bank audit case.

Tech giants warn Reeves over UK IPO flight risk

Leading technology firms warn Chancellor Rachel Reeves that proposed tax changes could drive British companies to list overseas, threatening London's status as a financial hub.

Bank of England Holds Interest Rates at 5.25%

The Bank of England maintains interest rates at 5.25% as Governor Andrew Bailey signals caution on inflation. Markets react as pound stabilises and budget concerns loom.

Reeves' Budget: Tax Cuts to Ease Living Costs?

As living costs continue to squeeze household budgets, Chancellor Rachel Reeves faces mounting pressure to deliver meaningful income tax relief in her upcoming budget announcement.

Business leaders urge Reeves on tax decisions

Top UK business executives are pressing the Chancellor to implement potentially unpopular tax reforms to stimulate economic growth and investment in the upcoming budget announcement.

Michelle Mone-linked firm owes £39m in taxes

A company connected to Conservative peer Michelle Mone owes HMRC £39 million in unpaid taxes, raising fresh questions about government procurement during the pandemic.

UK businesses shrug off tax fears in growth push

New research reveals British companies are pushing forward with investment and hiring strategies despite budget uncertainties and potential tax increases, showcasing remarkable business confidence.

Kimmel slams food aid cuts at UK food bank

American talk show host Jimmy Kimmel uses London platform to condemn SNAP benefit reductions while volunteering at food bank, highlighting growing poverty crisis.

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