Hopes were rising last night that Britain could avoid hefty post-Covid tax rises as the reopening economy helps repair our battered finances.
The Government did still borrow £31.7billion last month as the cost of the pandemic rose – making it the second highest April borrowing figure on record and pushing debt to a 60-year high, according to the Office for National Statistics.
But that sum was £15.6billion smaller than the figure borrowed in April last year and is below the £39billion predicted by the Office for Budget Responsibility just two months ago.
Analysts said that if borrowing continues to fall, Chancellor Rishi Sunak may not need big tax rises or spending cuts to bring finances back under control
In line with a plan put forward by US President Joe Biden being negotiated between more than 130 nations, a global minimum corporate tax rate would be set, ostensibly.
Yes, Martin Bashir used forgery and falsehood, but the response has been an epic groundswell of hypocrisy
The BBC made âterrible errors, terribly covered upâ. BBC Broadcasting House. Photograph: Hufton+Crow-View/Alamy Stock Photo
The BBC made âterrible errors, terribly covered upâ. BBC Broadcasting House. Photograph: Hufton+Crow-View/Alamy Stock Photo
Tue 25 May 2021 04.00 EDT
Last modified on Tue 25 May 2021 07.48 EDT
The BBC crashes out of the sky, again. The forgery and falsehood used by Martin Bashir to help work his way into Diana, Princess of Walesâs confidence was despicable, her sonsâ outrage inevitable. It remains inexplicable that the BBC branded him still âan honourable manâ, though the fateful rehiring in 2016 appears more cock-up than conspiracy: Tony Hall didnât know until too late; James Harding, the ex-Times editor, had never heard what everyone knew about Bashirâs skulduggery. These were terrible errors, terribly
TREASURY MANAGER: Treasury Cabinet Secretary Ukur Yatani outside Pariament Buildings on June 11. Image: EZEKIEL AMING'A Last year, Kenya Revenue Authority (KRA) missed its target by Sh350 billionThe country's total public debt is now at Sh7.3 trillion. The National Treasury needs a stronger revenue forecasting capacity to avoid over-ambitious budget plans( IEA) that have driven the country into debt, the Institute of Economic Affairs has said.In.
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