4 h. ago Map: Council tax winners and losers after government reveals funding

The plans have shifted funding towards more deprived areas

Politics

7 h. ago No wonder they don't want us to vote! Grim figures show Rachel Reeves' raking in £5.5bn more tax in November BEFORE the Budget raid

Official figures showed central government receipts from tax and national insurance were up 7.3 per cent compared to November 2024.

Economics

16 h. ago BP 'woke' agenda axed as it hires first female chief exec and doubles down on fossil fuels

Oil and gas veteran Meg O'Neill will take over in April as the FTSE 100 giant further distances itself from its disastrous foray into green energy.

Politics

21 h. ago Keir Starmer’s callous answers on farm tax show why his government is failing

The Prime Minister’s response on being told farmers with terminal illnesses were considering end their lives early to avoid Labour’s new inheritance tax on farms showed a startling lack of empathy

Politics

25 h. ago Ineos boss Jim Ratcliffe slams 'idiotic' UK government carbon taxes

Sir Jim said carbon taxation was ‘the most idiotic tax in the world’

Politics

25 h. ago Inheritance tax update as 'hated family tax must be scrapped'

A report into the planned government changes says the tax change was the biggest issue raised

Politics

31 h. ago BP replaces chief Murray Auchincloss after less than two years

Woodside Energy boss Meg O’Neill will become the UK oil and gas major’s new top manager

Politics

38 h. ago BP replaces CEO Murray Auchincloss after less than two years in the role

Woodside Energy boss Meg O’Neill will become the UK oil and gas major’s new top manager

Economics

39 h. ago BP replaces CEO Murray Auchincloss after less than two years

Woodside Energy boss Meg O’Neill will become the UK oil and gas major’s new top manager

Economics

46 h. ago Reeves’s rejection of North Sea job cuts claim a ‘new low’, say Flynn

The Chancellor said she does not believe 1,000 jobs are being lost every month in the oil and gas sector.

Politics

49 h. ago Rachel Reeves denies 1,000 North Sea oil and gas jobs being lost every month

Industry leaders have blamed a windfall tax on the profits earned by energy giants for thousands of lay-offs in Scotland.

Society

2 d. ago Norway’s national oil company facing £53m penalty for oil spills and gas leaks

Equinor accused of ‘extensive and long-term pollution’ caused by years of inadequate maintenanceNorway’s national oil company, Equinor, is facing a £53m penalty for oil spills and gas leaks at the oil-rich Scandinavian state’s only refinery, which officials said were the result of years of inadequate maintenance.Norway’s economic crime agency, Økokrim, said it had taken action against Equinor over “extensive and long-term pollution” at the refinery in Mongstad, on Norway’s North Sea coast. Continue reading...

Economics

2 d. ago Government responds to calls for major tax rule change for state pensioners

Almost 40,000 people have signed a petition calling for the tax free allowance for the state pension to be doubled

Politics

3 d. ago This is another ‘ozone layer’ moment. Now, we must urgently target methane | Mia Mottley

The oil and gas industry must be legally bound to cut methane emissions. With climate tipping points approaching, time is running out • Mia Mottley is the prime minister of BarbadosThe timing is brutal. Just as the world celebrates the 10th anniversary of the adoption of the Paris climate agreement this month, new evidence shows that the world is crashing through the main defence that was constructed against climate catastrophe.The three-year temperature average is – for the first time – set to exceed the Paris guardrail of 1.5C above preindustrial levels. According to the Copernicus Climate Change Service, 2025 will join 2023 and 2024 as the three warmest since the Industrial Revolution, reflecting the accelerating pace of the climate crisis.Mia Mottley is the prime minister of Barbados Continue reading...

Events

3 d. ago ‘Squeezed from every direction’: pubs voice fury at Reeves’s business rates changes

Chancellor’s claim to be helping trade met with disbelief in England and Wales amid soaring staff costs, energy bills and other overheadsEmma Harrison has begun to wonder how her business will survive in recent weeks. The managing director of the Three Hills pub in Bartlow, Cambridgeshire, is struggling to see how she will make a profit after examining the impact of her rising tax bill.“I’m really terrified about this coming year,” Harrison says. “We’re a well-run pub, we’ve won lots of awards, but this is going to be really hard.” Continue reading...

Politics

4 d. ago DWP update over state pensioners needing to fill in tax returns

The Government recently set out a new policy about tax on pensions. The full new state pension currently stands at £230.25 a week, or £11,973 annually

Economics

6 d. ago UK Government responds to calls to 'double' tax threshold for pensioners

A Government update has been issued after a petition was raised calling for the tax threshold for pensioners to be doubled

Politics

6 d. ago Government issues update amid calls to 'double' UK State Pension tax threshold

A parliamentary petition claims that "State Pensioners should have double the tax-free allowance"

Politics

7 d. ago UK Government dismisses calls for new tax code and £25k allowance for pensioners

More than 25,400 people have signed an online petition calling for the introduction of a new tax code specifically for people over State Pension age in the UK, and the Government has now responded

Economics

7 d. ago Senate rejects dual healthcare bills as Obamacare tax credits expiration nears

Votes came as premium tax credits for estimated 21.8 million enrollees of plans set to expire at end of monthThe US Senate on Thursday rejected competing proposals to address the imminent expiration of subsidies for Affordable Care Act health insurance plans, greatly increasing the chances that healthcare costs will soon rise to unaffordable levels for millions of Americans.The votes, part of a deal brokered between Republican majority leader John Thune and the Democratic senators who agreed to reopen the government after a historically long shutdown last month, came as premium tax credits for an estimated 21.8 million enrollees of the plans are set to expire at the end of the month. Health policy research group KFF estimates that annual premiums will more than double if the subsidies are allowed to expire. Continue reading...

Politics