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Rachel Reeves should avoid ‘half-baked’ tax fixes in Budget, says IFS
Michael Sheils McNameeBusiness reporter EPA Chancellor Rachel Reeves should avoid “directionless tinkering and half-baked fixes” when trying to boost the government’s tax take in next month’s Budget, a leading think tank has said. Taxes are widely expected to go up in the Budget, with pressure on the chancellor to raise money in order to meet…
How a prolonged Middle East conflict could reshape how we fly
It is worth mentioning that the future of the Gulf model has been questioned in the past, not least during the Covid pandemic, when some experts suggested carriers reliant on long-haul routes and transit traffic, using fleets of large aircraft, were not agile enough to respond to changing circumstances. In reality, the recovery was rapid,…
British Gas boss says energy bills rise inescapable if prices stay high
The discussion of ways to mitigate any energy price rises came after the government’s cost-of-living tzar, Lord Walker, who is also chief executive of supermarket chain Iceland, suggested in the Sunday Times that energy companies and petrol stations should have their profits temporarily capped as oil prices jump.
