All news on the topic: Treasury
730
£400m scandal as NS&I loses savers’ money and taxpayers face bill for failures
Pensions minister Torsten Bell is due to update the House of Commons on Thursday and is said to be furious at the scale of the failures.
636
Royal couple accused of profiting from Crown Estate property at taxpayer expense
The Duke and Duchess of Edinburgh are facing uproar after it emerged they are earning £130,000 a year from sub-letting a stable on one of the Crown Estate’s properties, despite only paying a peppercorn rent.
817
Prince Andrew set to lose £500,000 compensation over extensive Royal lodge repair costs
Sarah Ferguson is reported to be planning her next move as the deadline approaches for her and former husband Andrew to leave their Royal Lodge home.
778
Rachel Reeves fighting for her job after ‘misleading’ the public over fabricated £20bn black hole used to justify Budget
Rachel Reeves has been accused of giving the public a misleading picture of the nation’s finances while preparing a £30 billion tax increase to protect herself and the Prime Minister.
901
Rachel Reeves’ plan to slash cash Isa limit sparks warnings of higher mortgage rates and shrinking savings
Building societies fear consumers will be deterred from saving if the chancellor’s budget announces a 40% reduction
762
UK to slap sugar tax on milkshakes and lattes as government scraps exemption for pre-packaged dairy drinks
Milkshakes and lattes face tax hikes as the government confirmed it is extending the ’sugar tax’.
2145
Electric car drivers could face new 3p-per-mile tax under Rachel Reeves’s Budget plan
Drivers using electric vehicles (EVs) could face a new pay-per-mile tax in Rachel Reeves’s Budget, according to reports.
724
Rachel Reeves considers introducing tax on sale of family homes
Rachel Reeves is formulating plans to impose capital gains tax on the sale of family homes, potentially impacting pensioners who wish to downsize, it has been revealed.
918
England may face 5.5% train fare increase next year
An inflation figure frequently utilized to determine increases in the cost of train travel will be announced on Wednesday.
873
“Millionaires shouldn’t get subsidies”: UK government plans changes to heating payments
“Millionaires” should not get “subsidy for their energy bills from the Government”, a Treasury minister has suggested.
904
Pay more or cut costs: the government prepares the system for a new wave of strikes
Pay rises for NHS staff and teachers must be paid from existing budgets, the Treasury has warned, setting up the potential for strike action.
872
Car tax rules are changing from today
The beginning of April means major new car tax changes are coming into effect, impacting motorists across the UK.
798
Rachel Reeves announces harsh welfare cuts, pushing 250,000 people into poverty as Labour chooses austerity over taxing the ultra-wealthy
Chancellor Rachel Reeves will deliver a press conference from Downing Street following her Spring Statement which saw billions of pounds of welfare cuts announced
773
Parents of children under five may be exempt from the UK’s two-child benefit limit
Ministers are exploring options to reduce child poverty without completely eliminating the rule.
620
Reeves breaks her fiscal rules and borrows £11.6 billion more than this time last year
Rachel Reeves is borrowing £11.6 billion more than she did at this time last year.
686
Rachel Reeves receives a £15 billion tax boost to UK finances, which is smaller than expected
January surplus remains the highest on record but is below the £20bn predicted by City economists.
661
Kemi Badenoch’s top team oversaw departments that lost £20,000 a minute to fraudsters
New analysis reveals that since 2019, over £44 billion of taxpayer money was lost to fraud in departments under the Tories - often while they were run by members of Ms Badenoch’s Shadow Cabinet.
1065
Eight in 10 Brits deem toilet roll 'essential' - but government charge VAT on it
Shoppers across the UK are paying almost £250 million a year in VAT alone, on the household item - with the typical home getting through 127 rolls a year
1470
British families face losing £3,500 from their bank accounts from next year
Families in the UK are on course to have £3,500 less in their bank accounts next year ahead of the General Election due to future tax rises, claimed a leading economics thinktank
1222
Banks to face fines if they don't provide access to free cash withdrawals
Under the new rules, the UK's financial industry regulator, the Financial Conduct Authority (FCA), will have the power to fine banks that fail to provide free access to withdraw money
896
Kwasi Kwarteng still backs 'general direction' of economy-destroying mini budget
Former Chancellor of the Exchequer Kwasi Kwarteng is sticking by the "general direction" of his mini budget that crashed the UK economy, but admits that he has regrets
919
'Digital pound' could be launched by the Bank of England - what we know so far
The Bank of England said the "digital pound" would not be "volatile" like cryptocurrencies because it would come from a legislated organisation rather than a private sector
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