This “fiscal drag” will mean over three million more higher-rate taxpayers, and nearly four million more low earners paying tax. On current trends, a recipient of the full basic state pension alone is also on course to have to pay tax, and perhaps fill out a tax return in 2026/27.
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P&O Ferries ship detained over crew training concerns
admin, , Business, 0
Mr Shapps wrote on social media that the ship’s detention followed an instruction from him to the MCA to...
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US jobs creation surges in March as recovery gains steam
admin, , Business, 0
“The better than expected 916,000 rebound in non-farm payrolls in March still leaves employment 8.4 million below its pre-pandemic...
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Brexit: Firms warn ‘clock is ticking’ to keep goods moving
admin, , Business, 0
Brexit: Boris Johnson hails free trade deal with EU
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What the chancellor really means when he says tax cuts are ‘impossible’
admin, , Business, 0
Or, come the spring, there could actually be more headroom; which he may well choose to use up rather...
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Elon Musk subpoenas Jack Dorsey ahead of Twitter court battle
admin, , Business, 0
The billionaire has subpoenaed Twitter’s co-founder in hope it will help him end his deal to buy the site.
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Donald Trump launches own-brand shoes after $355m fraud fine
admin, , Business, 0
Former US President Donald Trump has launched his own line of Trump-branded shoes at Sneaker Con – a convention...
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On The Beach pulls all summer holidays from sale
admin, , Business, 0
“Unlike many of our competitors, we have no interest in selling holidays that are unlikely to happen, as our...
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Air traffic control: Government rules out cyber attack as thousands stranded
admin, , Business, 0
Michael O’Leary, boss of Ryanair, said they had to cancel about 250 flights on Monday, affecting about 40,000 passengers....
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