Nicola Sturgeon’s tax plans will push richer Scots over the border to England, a research institute has warned. The Institute for Fiscal Studies (IFS) said that the planned alterations in Scotland would hit higher earners hardest and lead them to look elsewhere
BP’s annual profits more than doubled in 2022 to $28billion (£23billion), while Shell announced record annual profits of $39.9billion (£32.2billion) as a result of higher gas prices following Russia’s invasion of Ukraine last February. So do you think energy giants should face
Liz Truss has launched a challenge to Prime Minister Rishi Sunak’s tax rises, calling for the UK to pursue a growth agenda. The former Prime Minister said the UK needs to “do things differently” as it has had “low economic growth for
The SNP accidentally leaked part of Nicola Sturgeon’s bank account details while publishing her tax returns earlier today. The First Minister released the documents, challenging Prime Minister Rishi Sunak to do the same. But Ms Sturgeon’s Bank of Scotland bank account number
Rishi Sunak and Jeremy Hunt are under fresh pressure to slash taxes after the International Monetary Fund (IMF) warned Britain’s economy will see the worst performance of all the advanced nations this year. Conservative MPs have renewed calls for tax cuts following
Two Tory bosses have been dragged into the tax dodging row, just days after party chairman Nadhim Zahawi resigned. Graham Edwards, brought in by Mr Sunak to run the Conservative party’s finances, was found to have used a tax avoidance scheme. Meanwhile,
Sir Jake Berry has become the latest Tory to call for Nadhim Zahawi to step down over the tax furore. The Rossendale and Darwen MP said it is “unsustainable” for the Tory chairman, who has admitted paying a penalty as part of
Labour’s lead over the Conservatives has stretched back to more than 20 points again according to the latest Techne UK tracker poll. According to the results over the survey of 1,624 voters taken yesterday and today, Labour has increased its share of
Nadhim Zahawi has not made an “innocent error” in his tax affairs, the boss of HMRC has suggested. HMRC chief executive Jim Harra told the Public Accounts Committee this morning that “there are no penalties for innocent errors in your tax affairs”.
The Archbishop of Canterbury has sparked criticism over his call for Brits to pay higher taxes in his latest political intervention. Justin Welby said taxpayers will need to cough up more money to fund the under-pressure social care system. He described the