All news on the topic: The Treasury

377
Record number of millionaires leave Britain since Labour took power
Millionaires have left Britain in record numbers since the new Labour government took power amid a crackdown on non-dom residents and sweeping tax hikes.
546
U.S. imposes additional sanctions on Russia’s ’shadow fleet
The U.S. has blacklisted more than 180 vessels caught filling the Kremlin’s war chest for its war against Ukraine.
407
Britain’s economy hit as pound plunges; Treasury calls for severe spending cuts
The pound has dropped to its lowest value against the dollar since November 2023 while government borrowing costs have continued to rise.
750
US lawmakers say TikTok will only escape a ban if it finds a new owner
The US House of Representatives has passed a bill that would ban TikTok in the US unless its Chinese parent company ByteDance sells it
1053
Heathrow records busiest February ever as demand exceeds pre-pandemic levels
More than 5.8 million people travelled through the west London airport last month, beating the previous record for February
1120
Jeremy Hunt refuses to tell Robert Peston how many homes he owns in TV clash
As he appeared on ITV's Peston, Chancellor Jeremy Hunt refused to answer question on how many properties he owns after announcing a Budget tax break for landlords
1095
Rishi Sunak's family can still benefit from tax loophole worth up to £300m
Jeremy Hunt said he was scrapping non-dom tax loopholes in the Budget - but exemption from inheritance tax isn't part of the changes introduced today
662
Jeremy Hunt hikes aviation tax in Budget - what it means for your holidays
Chancellor Jeremy Hunt has announced a hike in the tax paid for those on "non-economy flights" - such as business class and first class as part of his 2024 Budget
546
'We want to downsize and free up big home for a family, but we can't afford it'
Most first time buyers don’t pay stamp duty but making changes to the tax could help people further up the chain
431
Family finances doing much worse under Tories than when Labour was in power
Ahead of the Budget, figures show that household incomes have risen significantly slower under the Conservatives than when Tony Blair and Gordon Brown were in No10
524
Electric car charging rules 'unfair' with calls to end 'injustice'
Electric vehicle drivers have called for "unnecessary and unfair" VAT rates to be slashed over a charging "injustice" - with experts are calling on the government to make changes
931
'Budget 2024: Steal from Starmer, cut common sense, and overspend on hot air'
Jeremy Hunt's Budget on Wednesday will bore the pants off you, says Fleet Street Fox. Here's what you'll miss
753
Budget day blow as analysis finds Tories squandered £125billion in 5 years
The figure has grown by a staggering £25billion since last November - with almost all of it blown while Rishi Sunak was either Chancellor or Prime Minister
806
Inheritance tax- how much can you legally give away and ways to avoid charges
Inheritance tax is normally paid when the value of your estate is above £325,000 - although there are cases where this can be higher, or nothing needs to be paid at all
828
Association of British Insurers calls for 'hidden in plain sight' tax cut
The tax is likely to hit the poorest the hardest as they spend proportionately more on insurance such as home and motor cover, said the Association of British Insurers
601
Jeremy Hunt's plan to axe cost of living help 'will push kids into poverty'
90 MPs and peers have written to Chancellor Jeremy Hunt to urge him to extend the Household Support Fund in next week's Budget as it is due to come to an end next month
628
Bank of England appoints top economist as deputy governor for monetary policy
Clare Lombardelli will replace Ben Broadbent when she takes over the role from July 1, for a term lasting five years
573
When and what time is the Budget as Chancellor Jeremy Hunt to announce tax rates
Chancellor of the Exchequer Jeremy Hunt will deliver what could be the last Budget before the general election as he faces intense pressure from Tory MPs to slash taxes
1041
Smokers could be forking out record price for pack of cigarettes under new plans
The decision to increase the cost of cigarettes, and introduce a new tax on e-cigarettes, comes as Rishi Sunak is trying to deliver a tough stance on smoking ahead of the Budget next week.
877
Labour's 1.5million new homes would boost Britain's economy by £23billion
Keir Starmer has pledged to get Britain building again with 1.5million new homes in the first five years of a Labour government, which Britain Remade says would support jobs
620
Bank of England's Future of Money exhibition to showcase new King Charles notes
The Future of Money exhibition opens at the Bank of England Museum in London on Wednesday
728
First-time buyers missed 'free money' last year by not utilising savings scheme
Over the last year, many first-time buyers may have missed out on a significant amount of money from a savings scheme created to boost deposits
819
Ryanair says UK airports are at 'enormous disadvantage' because of passenger tax
The airline's chief commercial officer said the tax limits growth in flight capacity
508
Bank of England 'no longer competent' and its freedom 'must be questioned'
Conservative MP Sir Jacob Rees-Mogg took aim at the Bank of England's response to economic events as Labour used a Commons urgent question to raise concerns over the UK falling into recession
561
Stats watchdog slaps down Tory minister Laura Trott for 'misleading' tax claims
The UK Statistics Authority's Sir Robert Chote said the public could have been 'misled or at least confused' by Treasury Minister Laura Trott's claims about taxes falling