Rishi Sunak warns workers could ‘vote with their feet’ and quit jobs if offices don’t reopen

Rishi Sunak warns workers could ‘vote with their feet’ and quit jobs if they are not allowed to return to the office after lockdown as he praises ‘culture’ of people ‘riffing off each other’ Companies are looking at how to tackle issue of remote versus office working Chancellor said workplaces encourage ‘meetings that happen by … Read more

Chancellor Rishi Sunak delays decision on online sales tax

Chancellor Rishi Sunak delays decision on online sales tax until autumn amid hope of global tax reform By Daily Mail City & Finance Reporter Published: 21:50 GMT, 21 March 2021 | Updated: 21:50 GMT, 21 March 2021 Chancellor Rishi Sunak has delayed a decision on an online sales tax until the autumn amid hope of … Read more

David Cameron texted Rishi Sunak lobbying him to grant loans to Greensill before it went bust

David Cameron texted Rishi Sunak lobbying him to grant hundreds of millions of taxpayer-funded loans to stricken financial firm Greensill before it went bust The former prime minister is said to have texted the Chancellor’s private mobile  Mr Sunak ignored most of the messages and instead referred him to officials  Labour called for an inquiry … Read more

UK economy: £4bn ‘black hole’ in Rishi Sunak budget plans, says Institute for Fiscal Studies

Britain faces another tax hike due to a £4billion black hole in Rishi Sunak‘s Budget spending plans, an influential think tank warned today. The Institute for Fiscal Studies said the shortfall for the 2022−23 financial year went ‘entirely unmentioned’ in the Chancellor’s speech to the Commons on March 3. If the spending plan is followed … Read more

Chancellor Rishi Sunak may offer health workers a one-off bonus to defuse the row over NHS pay

Chancellor Rishi Sunak may offer health workers a one-off bonus to defuse the row over NHS pay Unions angered by a proposed one per cent rise for NHS, threatening strikes  In response, Ministers said rest of the public sector was having a pay freeze  Sources claim a one off bonus could avoid a U-turn and … Read more

Rishi Sunak admits working from home is ‘probably’ here to stay after the pandemic

Rishi Sunak admitted today that working from home is here to stay and Britons are ‘probably not’ going to spend five days a week in the office after the pandemic disappears. The Chancellor said he was a fan of the positives that communal working brings but admitted that changes made during the last year would probably stay at … Read more

Council tax will raise an extra £7.5bn a year after Rishi Sunak move

Council tax is on track to raise an extra £7.5billion a year after Rishi Sunak gave town halls permission to put bills up by 5 per cent. The government’s watchdog has estimated that the levy bring in another £1.8billion next month, suggesting two thirds of authorities will take advantage of the new freedom. And by … Read more

Council tax will raise an extra £7.5bn a year after Rishi Sunak move

Council tax is on track to raise an extra £7.5billion a year after Rishi Sunak gave town halls permission to put bills up by 5 per cent. The government’s watchdog has estimated that the levy bring in another £1.8billion next month, suggesting two thirds of authorities will take advantage of the new freedom. And by … Read more

Superdry boss’s fury at Sunak for failing to reform business rates

Superdry boss’s fury at Chancellor for failing to reform business rates in his budget By Daily Mail City & Finance Reporter Published: 21:51 GMT, 4 March 2021 | Updated: 21:51 GMT, 4 March 2021 Superdry’s boss has lashed out at the Chancellor for failing to reform business rates. Julian Dunkerton said he was ‘disappointed’ by … Read more

Rishi Sunak defends income tax raid on low and middle earners

Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously thought. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, then … Read more