Rishi Sunak’s £400bn balancing act: With the Budget fast approaching, here’s how the Chancellor can raise revenues without wrecking the Covid recovery By Douglas Mcwilliams Founder Of The Centre For Economic And Business Research Published: 22:06 GMT, 17 February 2021 | Updated: 22:06 GMT, 17 February 2021 The last new tax proposed by an economist … Read more
Revealed: The council that raked in £10.6m from parking fines in just a YEAR as the average authority issues more than £850,000 in tickets Councils have revealed how much revenue they’ve pocketed from parking fines Some 204 authorities provided data for between August 2019 and July 2020 We’ve listed the top 10 London Boroughs raking … Read more
ALEX BRUMMER: Economy will remain under restrictions until Easter, but quicker it is brought back, faster tax revenues will flow back to Exchequer The damage to output turns out to be far less than most forecasters predicted Chancellor Rishi Sunak should avoid a Covid measures cliff-edge on March 31 The expensive furlough scheme, the VAT … Read more
Car competition company Best of the Best sees shares rocket after revenues nearly treble as it becomes a fully digital business BOTB said the results were proof its move to a wholly-online format was working Its Weekly Lifestyle contests offer watches, motorbikes, and holidays as prizes Like a raffle, BOTB entrants bid a little money … Read more
Rishi Sunak is well used to the routine now. For the 13th time since March 17, he’s having to dig deep into the Exchequer in his mammoth effort to keep as many businesses and jobs intact as he can, and to try to limit the long-term damage to Britain’s economic prospects. By the standards of … Read more
The Treasury has said it must consider how to offset a fiscal black hole from lost tax income when drivers transition to electric vehicles in its latest report. It said it will be forced to increase other taxes or cut funding for services to compensate for the loss in taxes on polluting cars as well … Read more
Netflix is to start declaring its £1billion-plus UK revenues to the British taxman in move that will pressurise Google, Amazon and other tech giants to follow suit Netflix set to begin declaring its UK revenues to tax authorities from January Move comes after it vowed to declared its revenues in both France and Spain Company … Read more
ITV ad revenues recover as hit crime dramas Des and Honour help lift its fortunes and production on most shows restarts Total fourth-quarter ad revenues are expected to be ‘slightly up’ on last year Other popular ITV shows this year included Prime William’s A Planet for Us All A cancelled Love Island series and fewer … Read more
WPP posts drop in third-quarter revenues but softens blow by winning a string of customers By Daily Mail City & Finance Reporter Published: 22:27 GMT, 29 October 2020 | Updated: 22:46 GMT, 29 October 2020 WPP posted a drop in third-quarter revenues but softened the blow by winning a string of customers. The British advertising … Read more
Moneysupermarket revenues fall as electricity supply switching drops and tighter lending rules at banks continue to squeeze it Nineteen per cent fewer households changed their energy provider last month Revenues over the first nine months of this year fell by 11% to £268.4million Quarantine rules have severely impacted the company’s travel segment By Harry Wise … Read more