Chancellor Rishi Sunak ‘will warn economy risks reaching ”tipping point” if Cabinet doesn’t balance the needs of protecting from coronavirus with the damage caused by lockdown’ Rishi Sunak will issue ministers with internal government forecasts on economy The Chancellor and Health Secretary to outline a model on economic aftermath It is understood there will be … Read more
New Chancellor Rishi Sunak set to crack down on £340m-worth of insurance tax loopholes in his first Budget New Chancellor to stop insurance tax loopholes thought to cost £340m a year Some insurance policies are adding a tax of 20 per cent to their premiums Other insurers were said to be failing to report all … Read more
Britons were warned not to expect an imminent lifting of the coronavirus shutdown today. Chancellor Rishi Sunak revealed that stand-in prime minister Dominic Raab will chair the Cobra committee tomorrow morning to discuss a review, due to take place next week, of the harsh measures that have kept Britons largely stuck in their own homes … Read more
Chancellor Rishni Sunak unveiled a financial rescue package for the self-employed last week, which will give up to £2,500 per month in grants for at least three months. It comes as millions of self-employed workers have struggled to cope financially amid the nationwide coronavirus lockdown. They have been hit by restrictions on travel, a cut in … Read more
Chancellor Rishi ‘Dishy’ Sunak is the voters choice to stand in for Boris Johnson if the Prime Minister becomes too ill from coronavirus, exclusive poll reveals Endorsement comes after Prime Minister revealed he tested positive for virus Rishi Sunak is backed as the stand-in premier by voters, Deltapoll reveals 78 per cent of respondents also … Read more
Ex-Cabinet minister David Davis slams Chancellor Rishi Sunak’s ‘tax raid’ on the self-employed to fund coronavirus bailout Chancellor Rishi Sunak suggests tax hike to pay self-employed coronavirus aid Mr Davis said putting taxes up for self-employed would be ‘final straw’ for many Tory sources say up to 50 Conservative MPs could back rebellion led by … Read more
Rishi Sunak last night hinted that future taxes will have to rise to pay for the unprecedented economic bailouts for business, workers and the self-employed. Unveiling a huge rescue package for Britain’s army of self-employed workers, the Chancellor said he had set aside economic orthodoxy to deal with the national emergency, but warned that would … Read more
Rishi Sunak last night hinted that future taxes will have to rise to pay for the unprecedented economic bailouts for business, workers and the self-employed. Unveiling a huge rescue package for Britain’s army of self-employed workers, the Chancellor said he had set aside economic orthodoxy to deal with the national emergency, but warned that would … Read more
Rishi Sunak finally unveiled a multi-billion-pound coronavirus bailout for millions of stricken self-employed workers tonight – but left hundreds of thousands just above a ‘cliff edge’ cut-off wondering how they will make ends meet. Ken Price, 50, who works as a roofer across London and the southeast, said he was concerned people were being made … Read more
Angela Merkel was spotted buying four bottles of wine from a supermarket in Berlin as the coronavirus crisis grips Germany. Germany has seen 21,000 cases and 75 deaths from the killer bug. He shopping trip in Mitte, Berlin, follows government plans to unveil an economic rescue package worth 822 billion euros (£759.45 billion) to fund the country’s fight … Read more