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Ford boss Lisa Brankin warns against taxing electric cars
Josh Martin,Business reporter and Sean Farrington,Business presenter Barry Cronin Taxes on electric vehicles may put drivers off buying them at a time when demand has “lost momentum”, Ford’s UK boss has warned. It comes after the BBC reported Chancellor Rachel Reeves could be considering new levies on EVs in the upcoming Budget. Ford UK’s managing…
What are National Insurance and income tax and what could change in the Budget?
Getty 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…
Sixes: Social cricket-themed bar chain goes into administration
Michael RaceBusiness reporter BBC Sixes, the cricket-themed social chain backed by England captain Ben Stokes, has gone into administration following a “challenging trading period”. All of the company’s 15 UK-based venues remain open, but one branch in Southampton has closed following the decision, with three staff members losing their jobs. Administrators FRP Advisory said talks…
People admit to secret spending without telling partners
British adults are hiding their outgoings on things like beauty products, gambling and cryptocurrencies from their partners as part of a pattern of “secret spending”, a new report has found. More than half of adults in relationships spent in secret on a range of products, according to the research by investment platform AJ Bell and…
