Rishi Sunak is said to be targeting business tax and fuel duty rises to pay for the massive level of public spending during the pandemic – amid warnings that the economy could take a decade to recover. The Chancellor is mulling increases to capital gains tax – paid on shares and other asset sales to … Read more
Rishi Sunak is said to be targeting business tax and fuel duty rises to pay for the massive level of public spending during the pandemic – amid warnings that the economy could take a decade to recover. The Chancellor is mulling increases to capital gains tax – paid on shares and other asset sales to … Read more
Sunak’s latest bailout package sends Britain’s annual budget deficit towards £400bn By Daily Mail City & Finance Reporter Published: 21:56 BST, 22 October 2020 | Updated: 22:30 BST, 22 October 2020 Rishi Sunak’s latest bailout package for businesses could push Britain’s annual budget deficit above £400billion, experts warned last night. Business leaders hailed the generosity … Read more
Budget defecit may top £400bn this year as the cost of the pandemic spirals By Daily Mail City & Finance Reporter Published: 23:27 BST, 14 July 2020 | Updated: 23:27 BST, 14 July 2020 Government borrowing could top £660billion over the next two years as the cost of the pandemic spirals. In its latest update, … Read more