phillipinman
New push for debt relief to help developing world fund climate action
Cop28 hears poorest nations spend at least 12 times as much to service debts than on tackling global heating
Larry Elliott and Phillip Inman
30, Nov, 2023 @6:00 AM
Jeremy Hunt’s debt reduction plan ‘a very big fiscal risk’, says OBR
Treasury’s independent forecaster says uncertain spending plans and higher than expected inflation could scupper cuts
Phillip Inman
28, Nov, 2023 @5:40 PM
Lisa Wilkinson ‘devastated’ and ‘sorry’ over collapse of Wilko, as MPs hear ‘weak leadership’ to blame – as it happened
Business and Trade Committee hear apology from Wilko chair over retailer’s collapse, while auditors defend their handling of Wilko’s accounts
Graeme Wearden
28, Nov, 2023 @3:58 PM
Hunt’s tax cuts mean austerity ‘more painful’ than under Osborne, warns IFS
Thinktank says £20bn package of tax cuts would be mostly funded by deep reductions in public spending planned from 2025
Richard Partington, Kiran Stacey and Phillip Inman
23, Nov, 2023 @2:30 PM
UK households to be £1,900 poorer by end of this parliament, say economists
Warning comes after Resolution Foundation finds autumn statement favours richest 20% of earners
Phillip Inman and Richard Partington
23, Nov, 2023 @12:02 PM
OBR halves UK growth forecast and warns inflation will exceed 2% target until 2025
Despite £27bn windfall for the autumn statement, government forecaster warns of generally more difficult outlook until 2028
Phillip Inman
22, Nov, 2023 @4:11 PM
Push to give UN more say on global tax rules likely to stumble at vote
US, EU and UK expected to reject motion by African countries frustrated at OECD efforts to reform international taxation
Phillip Inman
22, Nov, 2023 @7:00 AM
What to expect in the autumn statement 2023
From Whitehall to welfare and pay to pensions, here is what Jeremy Hunt is likely to announce
Phillip Inman
22, Nov, 2023 @6:00 AM
UK borrows less than expected this year as Hunt lines up giveaways
Chancellor says bringing down inflation remains one of his main aims as he prepares autumn statement
Phillip Inman
21, Nov, 2023 @12:44 PM
Autumn statement: where might Jeremy Hunt spend his windfall?
The chancellor is estimated to have billions to play with and has a range of options from lowering income tax to cutting inheritance tax
Phillip Inman
21, Nov, 2023 @5:00 AM
Jeremy Hunt faces red wall revolt if he delivers ‘a budget for the rich’
The chancellor’s potential inheritance tax cut in Wednesday’s budget would aid millionaires amid a cost of living crisis
Michael Savage, Toby Helm and Phillip Inman
18, Nov, 2023 @10:06 PM
Britain can’t borrow at high rates, so it must tax the rich | Phillip Inman
The days of cheap credit that could have fuelled long-term investment have gone. Now chancellors must find a different source of revenue
Phillip Inman
18, Nov, 2023 @1:00 PM
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