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One million people missed HMRC tax return deadline
Posted on“Thank you to the millions of people and agents who filed their self assessment tax return and paid any tax owed by 31 January. Anyone who missed the deadline should file their return as soon as possible, as penalties and late payment interest may be charged,” said Myrtle Lloyd, HMRC’s chief customer officer.
Fears energy bill rise mean people surviving rather than living
Posted onThe increase for those on variable deals comes as the higher wholesale costs, faced by suppliers, feeds through to bills. The conflict in Iran scuppered Bank of England UK inflation targets of 2% over the next five years. Regulator Ofgem said the war means a household using a typical amount of gas and electricity will…
Northern Powerhouse Rail plans delayed again
Posted onFaisal IslamEconomics editor Getty Images Plans to extend high-speed rail across the north of England have been delayed further and will not now be announced by the prime minister at the Labour Party conference next week. The BBC understands concerns over the long-term costs of the line earmarked between Liverpool and Manchester have pushed back…
The cost of rising rents: Working four jobs and pushed on to benefits
Posted onSteve Reed, MP for Streatham and Croydon North and Secretary of State for Housing, said: “Across London, 2.7 million renters will benefit from Labour’s Renters’ Rights Bill, ending Section 21 no-fault evictions so families can’t be forced out without reason, capping unfair rent hikes, and introducing a new ombudsman and stronger enforcement to drive up…
Sapporo to move some production to US after 50% tariff
Posted onJapanese brewer Sapporo says it will move some beer production from Canada to the US after new tariffs on Canadian beer took effect on Tuesday. The move follows the introduction of a 50% tariff on beer imported from Canada. For companies shipping beer across the border, that means significantly higher costs. Chief strategy officer Rieko…
