Rishi Sunak ‘targets business tax rises’ to plug £400bn pandemic black hole

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 ‘targets business tax rises’ to plug £400bn pandemic black hole

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

UK announces 25,308 new coronavirus cases in 35% weekly drop as death count rises by 1,725

Britain today recorded another 25,308 coronavirus infections as the second wave continues to run out of steam during the third national lockdown — but it was the second deadliest day of the pandemic. Department of Health statistics show the number of new cases is 35 per cent below last Wednesday, when 38,905 were recorded. It also marks … Read more

UK announces 25,308 new coronavirus cases in 35% weekly drop as death count rises by 1,725

Britain has recorded another 25,308 coronavirus infections as the second wave continues to run out of steam during the third national lockdown. Department of Health statistics show the figure is 35 per cent below last Wednesday, when 38,905 were recorded. It also marks an 88 per cent fall on the 47,525 infections announced two weeks ago. … Read more

Indonesia quake death toll rises to 73 as experts fear fresh quake could bring tsunami 

The death toll from an earthquake that struck Indonesia’s West Sulawesi province on Friday has risen to 73 as experts warn another quake could trigger a tsunami.  More than 820 people were injured and over 27,800 fled their homes after the 6.2-magnitude quake hit, a spokesman from the disaster mitigation agency (BNPB) said.  Some sought … Read more

Indiana becomes ninth state with ‘super-covid’ as US total rises to 65

At least 65 Americans are now infected with ‘super-covid,’ according to a DailyMail.com tally.  Indiana on Monday became the ninth state in the US to find a case of the more infectious B117 variant first identified in the UK, where it set off a new wave of national lockdowns.  The state’s health department simply announced … Read more

Protect struggling families from spring council tax rises, Keir Starmer tells Rishi Sunak

Protect struggling families hit by coronavirus economic collapse from council tax rises, Keir Starmer tells Rishi Sunak amid fears of bills surge in April Sunak confirmed councils can levy an extra 5 per cent onto tax bills in 2021-22 Decision came in the face of record public borrowing to support the country  Labour says 5% … Read more

Rishi Sunak could delay tax rises until next autumn but will end Stamp Duty holiday in March

Rishi Sunak could delay tax rises until next autumn but will end Stamp Duty holiday in March amid warnings over scale of government borrowing during Covid crisis The Chancellor reportedly believes that it is the ‘wrong time’ to bring in tax rises Source added Mr Sunak has also rejected calls to extend the stamp duty … Read more