Page 41 - Spring Statement News Today

There are ways the chancellor could tackle the strain on people's pockets - but what do they cost?

The rac told us there was another possible solution. the chancellor did say before the spring statement that a vat cut the rac did say before the spring statement that a vat cut would be betterfor drivers, because there is less that the retailers can do. because duty has to apply on the wholesale price of fuel. so there is that element where they can still increase their margins. its a little bit harder when its a vat cut and it probably would have been far more beneficial and made a big differe...

Prices are rising at their fastest rate for 40 years, with inflation jumping to nine percent in the 12 months to April. Boris Johnson told Parliament this week that concerns over living costs were “global” and have been “greatly exacerbated” by the war in Ukraine. But critics have argued this is just the latest booster of

Tax cuts could provide workers and pensioners with an income boost

By James Fraser, Tax Partner, Armstrong Watson LLP

By James Fraser, Tax Partner, Armstrong Watson LLP

By James Fraser, Tax Partner, Armstrong Watson LLP

This is the first time since this cost of living crisis began that theres been a significant disparity in inflation between income groups.

The UK needs heterodox economics not conservative monetary policy – Labour should back a plan to cap prices and rents and cut profits.

THE Chancellor has announced tax cuts for some of the richest in society while failing to tackle the cost-of-living crisis.