“Middle earners have come out on top, while taxpayers earning below £26,000 or over £60,000 will lose out. The biggest group of losers are pensioners, who face an £8bn collective hit,” said Torsten Bell, chief executive of the Resolution Foundation.
Related Articles
-
Coronavirus: Seafarers stuck at sea ‘a humanitarian crisis’
Large firms including shipping titan AP Moller-Maersk, oil firms BP and Shell, consumer giant Unilever and mining groups Rio...
-
Affordable uniforms law will miss new school year
For years many, schools have had a link to a local uniform shop, where all pupils must go to...
-
Amazon to stop accepting Visa credit cards in UK
Mastercard’s executive vice chairman Ann Cairns, said: “It’s very important that customers have choice, and have the widest variety...
-
Coronavirus: Arrivals in UK could soon need negative test
“However, the lack of a robust quarantine system as a result of shortcomings from the government mean that it...
-
Covid-19: Thousands head overseas on holiday as rules ease
“The United States now has 60% of its adult population vaccinated, infections are falling. It’s an important market for...
-
Ikea aims to launch delayed ‘Buy Back’ scheme in UK
Ikea deserved credit for innovating in this area said Ms Middlemiss, but offering things like replacement sofa covers, which...
-
Five million vapes thrown away every week – research
Vapes that get mixed up with other household waste can cause fires in bin lorries and waste facilities. Waste...
-
Mark Zuckerberg and the power of the media
The Chat Every week, I talk to one of MIT Technology Review’s journalists to go behind the scenes of a...
Recent Comments