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Low-income households to get help with heating fuel prices
Posted on“I’ve had to turn my heating off already, I’ve put more blankets on the bed to try and keep the girls and myself warm, I’ve put jumpers on, I’ve made sure we don’t use as much hot water as that drains your oil quite substantially, so I’m boiling the kettle more, but that uses more…
Rachel Reeves warns of harder choices to come as she hints at tax rises
Posted onBecky MortonPolitical reporter Reeves: I will take no risk on public finances Rachel Reeves has said the government is facing difficult choices, as she promised she would not take risks with the public finances. In her speech at Labour’s annual party conference in Liverpool, the chancellor pledged to keep “taxes, inflation and interest rates as…
Colombias budding tech scene needs a cash boost
Posted onRappi’s success signals a bigger change happening in Colombia – the country has shaken off its dangerous reputation, especially since the 2016 Peace Accord. It has become a magnate not only for tourists, but also immigrants moving to destinations such as Medellín and Bogotá from the likes of the US, Canada and the UK.
VAT to be cut from electricity bills in October
Posted onJones, who was also previously chief secretary to the Treasury, wrote on X, external that the Digital ID programme was unfunded. While praising the VAT cut as “good”, he said “the government will have to set out how it will pay for its new policies at the budget”. Conservative Shadow Chancellor Mel Stride also criticised…
What are National Insurance and income tax and what could change in the Budget?
Posted onGetty Images There has been speculation that November’s Budget could see Chancellor Rachel Reeves break Labour’s pre-election pledge not to increase income tax, National Insurance (NI) or VAT for working people. It’s been suggested that she could extend a freeze to the income thresholds at which people start paying the taxes, or have to pay…
