VAT revenues rise to highest amount ever as HMRC pockets £157bn in just one year
HMRC collected a record £157.2bn from VAT bills in in the last tax year, a 55 per cent jump on the £101bn collected in 2020/21, after businesses were forced to make up for VAT payments they deferred during the pandemic. Accountants
Deprecated: Function get_magic_quotes_gpc() is deprecated in /chroot/home/capitalistsandmo/capitalistsandmoney.com/html/wp-content/themes/buzzy/framework/lib/mkdf.functions.php on line 208
NatWest chair says best way to help poorest is through benefits
The chairman of NatWest bank has argued that changes to the benefits system would be the most effective way for the government to help the poorest families struggling to cope with the cost of living crisis, instead of cutting taxes
Deprecated: Function get_magic_quotes_gpc() is deprecated in /chroot/home/capitalistsandmo/capitalistsandmoney.com/html/wp-content/themes/buzzy/framework/lib/mkdf.functions.php on line 208
Deliveroo accused of ‘cynical PR move’ with union deal for couriers
Deliveroo has been accused of “seeking endorsement for exploitative practices” after signing a deal with the GMB union that does not ensure its couriers will be paid the legal minimum wage throughout their whole working day. The takeaway group has pledged
Deprecated: Function get_magic_quotes_gpc() is deprecated in /chroot/home/capitalistsandmo/capitalistsandmoney.com/html/wp-content/themes/buzzy/framework/lib/mkdf.functions.php on line 208
Jaguar Land Rover posts £455 million loss as chip shortage bites
In a year in which all its rivals have reported record profits, Jaguar Land Rover has slumped to losses of £455 million largely due to a shortage of semiconductors. The loss also includes a write off of £43 million on its
Deprecated: Function get_magic_quotes_gpc() is deprecated in /chroot/home/capitalistsandmo/capitalistsandmoney.com/html/wp-content/themes/buzzy/framework/lib/mkdf.functions.php on line 208
Interest rates will need to keep rising, says Bank of England
The Bank of England will have to continue to raise interest rates to control inflation despite sluggish growth, a senior Bank of England official said. Sir Dave Ramsden, a member of the central bank’s monetary policy committee (MPC), said that dealing
Deprecated: Function get_magic_quotes_gpc() is deprecated in /chroot/home/capitalistsandmo/capitalistsandmoney.com/html/wp-content/themes/buzzy/framework/lib/mkdf.functions.php on line 208