HAMISH MCRAE: Chancellor Rishi Sunak’s new golden age for City

HAMISH MCRAE: If the Chancellor’s plans for the City are done well, it could usher in a new golden age for UK finance and benefit the economy By Hamish Mcrae, Financial Mail On Sunday Published: 21:50 BST, 3 July 2021 | Updated: 21:50 BST, 3 July 2021 The City is scrambling back to business. The … Read more

Labour flip-flops over Rishi Sunak’s income tax freeze

Labour flip-flops over Rishi Sunak’s income tax freeze milking billions from middle-earners as Lisa Nandy says the party’s MPs will vote AGAINST the plan Labour has suggested it supports Rishi Sunak’s freeze on income tax thresholds But Lisa Nandy said that the party’s MPs will vote against the Chancellor’s plan Keir Starmer has been coming … Read more

Labour flip-flops over Rishi Sunak’s income tax freeze

Labour flip-flops over Rishi Sunak’s income tax freeze milking billions from middle-earners as Lisa Nandy says the party’s MPs will vote AGAINST the plan Labour has suggested it supports Rishi Sunak’s freeze on income tax thresholds But Lisa Nandy said that the party’s MPs will vote against the Chancellor’s plan Keir Starmer has been coming … Read more

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its corporation tax bill, campaigners warn

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its bill: Online giant’s corporation tax could be cut to zero, campaigners warn The online retail giant’s British sales soared 51 per cent to £19.4billion last year Its warehousing arm paid £6.3mil in tax in 2019 despite raking in £3bn in sales But campaign groups say … Read more

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its corporation tax bill, campaigners warn

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its bill: Online giant’s corporation tax could be cut to zero, campaigners warn The online retail giant’s British sales soared 51 per cent to £19.4billion last year Its warehousing arm paid £6.3mil in tax in 2019 despite raking in £3bn in sales But campaign groups say … Read more

HENRY DEEDES watches Chancellor Rishi Sunak’s budget speech

To paraphrase an old joke: An Etonian, a Harrovian and a Wykehamist and are sitting in a bar when a woman walks in. The Etonian says: ‘Fetch her a chair.’ The Harrovian fetches it. The Wykehamist sits in it. Winchester alumnus Rishi Sunak didn’t pull off quite such a dastardly move yesterday. No. He was … Read more

HENRY DEEDES watches Chancellor Rishi Sunak’s budget speech

To paraphrase an old joke: An Etonian, a Harrovian and a Wykehamist and are sitting in a bar when a woman walks in. The Etonian says: ‘Fetch her a chair.’ The Harrovian fetches it. The Wykehamist sits in it. Winchester alumnus Rishi Sunak didn’t pull off quite such a dastardly move yesterday. No. He was … Read more

Rishi Sunak’s sleepless nights as he fights to control Britain’s debt 

Judging by the bags under Rishi Sunak’s eyes there is much keeping the Chancellor awake at night, and nothing more so than the mammoth UK debt pile. Sunak has had no option but to open the taps during the pandemic and while there is still much more spending to come, he has made it clear … Read more