Warning from HMRC: ‘Hidden tax’ on state pension hits 8.5 million pensioners, blow to pensioners: ‘Sunak is a liar!’

The number of Britons over retirement age paying tax on their state pension has increased significantly in the past year, according to new figures published by HM Revenue and Customs (HMRC). Tax authority data shows that annual figures on the number of people paying income tax on their pension payments have risen by 660,000, from … Read more

Pubs are set to get a boost as Labor promises to stop drinks venues closing and hints at a beer tax freeze

LABOR last night promised new powers to protect drinkers threatened by closure – and hinted beer duty will be frozen. Shadow Chancellor Rachel Reeves unveiled a five-point plan to save traditional pubs. Labour’s Rachel Reeves unveiled a five-point plan to save traditional pubsCredit: Darren Fletcher The Shadow Chancellor with sunman Ryan SabeyCredit: Darren Fletcher It … Read more

The red tape will cost British businesses billions

Labor plans more than 60 regulatory increases that would saddle businesses with tens of billions in extra costs, an analysis shows. The Institute for Economic Affairs (IEA) said Labor would increase red tape in a range of areas, from accelerating the ban on petrol cars to imposing energy efficiency standards in rental properties. In a … Read more

Britain’s super-rich are panicking and fleeing the country

Wealthy people in Britain, from foreign billionaires to bankers in the City of London, are rushing to safeguard their money after Prime Minister Rishi Sunak surprised the country by calling a summer election. Some are cashing in on investments, paying off bills that could soon rise or leaving Britain entirely, according to interviews with more … Read more