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BBCNEWS BBC News June 4, 2024 17:01:00

Hello, welcome. the uk conservative party chairman, nadhim zahawi, has responded to reports that he had to pay a penalty as part of a multi million pound tax settlement. in a statement, the former chancellor said the tax office had disagreed about the exact allocation of shares his father had in the polling company yougov, which mr zahawi founded. he said the uk s tax authority, hmrc, had concluded it was a careless and not deliberate error and that he had paid what was due. labour had earlier called for mr zahawi to resign over the matter. our political correspondent jonathan blake has more on today s statement. yes, for almost a week, nadhim zahawi has been under pressure to give more detail about his tax affairs. there is one central question ....

Uk Conservative Party Chairman , Nadhim Zahawi , Company Yougov , Tax Settlement , Tax Office , Tax Authority , Labour Leaderjeremy Corbyn , Tax Affairs , Jonathan Blake ,

BBCNEWS BBC News June 4, 2024 17:04:00

About the exact allocation. he goes on, they concluded this was a careless and not a deliberate error, and that he chose to settle the matter and pay what they said was due. so, a lot of detail there, but to unpick it, at the centre of this is a disparity or a disagreement around how many shares nadhim zahawi s father was holding in yougov, the company which he set up with his help, we now learn, at the time, and whether he was holding more shares as a founder than he was entitled to or allowed to. but the upshot of it is he has acknowledged that he paid a settlement to hmrc, he hasn t talked about exact amounts of money, he hasn t talked specifically about paying a penalty, just paying the amount that was due. so going into some detail here about the ins and outs of the company he set up, but, effectively, admitting to those two key claims that we have been reporting over the last few days ....

Nadhim Zahawi , He Hasn T , Hasn T ,

BBCNEWS BBC News June 4, 2024 11:03:00

In lancashire and in the north west, and across the northern midlands, that is designed to make sure people have a brighter future to look forward to. but a short while ago, the opposition labour party s lisa nandy said the allocation of funds was not fair. there was always a political motivation around levelling up, it was an election slogan aimed at the key marginal that the tories wanted to win. in fairness to michael gove, i think he s come in and tried to sort some of that out, but the truth is, this is not the right way to allocate money, creating winners and losers around the country, and ministers playing favourites with the projects they like the look of, rather than listening to local communities in every part of this country. the chief executive at the northern powerhouse rail partnership. he has criticised the process itself is inefficient and a waste of money. it costs, they estimate, £30,000 to bed. and the estimates it has been ....

Labour Party , North West , Northern Midlands , Lisa Nandy , Michael Gove , Chief Executive , It Costs , Northern Powerhouse Rail Partnership ,

BBCNEWS BBC News June 4, 2024 09:11:00

Principally about addressing regional inequalities through moving power and investment around the country to better serve those places that have been left behind in decades, really. today s allocations of the levelling up fund, well smoke outcome there might well cover many of the places that have secured their project, levelling up is on life support. today s allocation announcement won t change that and there are three key reasons why. the first is that the funding is simply too small to be transformational. it does not touch the sides on the money that was taken out of our region of the north of england since 2010 under austerity, let alone the decades of underinvestment before that, so our analysis today has found that today s announcement is worth about 37 pounds 50 for each person in the north of england, which takes the total allocation ....

Basque Country , Levelling Up , Allocation Announcement , Life Support , North East England ,

Floods: Pahang to get RM27mil allocation from Federal Government, says MB

KUANTAN: Pahang Menteri Besar Datuk Seri Wan Rosdy Wan Ismail said the Federal Government has allocated a total of RM27mil to the state to solve the flooding issue in the short term. ....

Pahang Menteri Besar Datuk , Sekolah Kebangsaan Pelindung , Federal Government , Northeast Monsoon Floods , Northeast Monsoon , Flood Alert , Wan Rosdy Ismail ,