Business minister raises the alarm on the tourist tax, saying the government is ‘very concerned’ about its impact on companies

By Harriet Line Published: 01:34 GMT, 1 December 2023 | Updated: 01:55 GMT, 1 December 2023 A Business minister yesterday revealed the Government is ‘very concerned’ about the impact of the tourist tax on companies. Kevin Hollinrake said Cabinet colleagues would ‘make our views known very strongly’ to the Treasury as it reviews whether to … Read more

The ‘tourist tax’ is blamed for fuelling a huge reduction in foreign holidaymakers’ spending in the UK compared to before the pandemic

Chancellor Jeremy Hunt said he would review demands to end the levy By David Churchill Published: 00:48 GMT, 24 November 2023 | Updated: 01:01 GMT, 24 November 2023 The controversial ‘tourist tax’ was yesterday blamed for fuelling a drop in foreign holidaymakers’ spending in Britain compared to pre-pandemic. A report by tourism agency VisitBritain found that … Read more

OBR warns house prices could fall almost 5% next year taking the average price of a home to £266,000 and won’t recover to their 2022 peak until 2027 – when average interest rates will be 5%

By David Wilcock, Deputy Political Editor For Mailonline Published: 17:15 GMT, 22 November 2023 | Updated: 17:15 GMT, 22 November 2023 Average house prices will fall by almost £25,000 next year and they are unlikely to recover to their 2022 high until 2027, experts warned today. The Office for Budget Responsibility (OBR) also said that … Read more

No10 hints state pension hike could be downgraded from 8.5% to save Treasury £900m – with benefits also in the firing line

By James Tapsfield, Political Editor For Mailonline Published: 14:31 BST, 18 October 2023 | Updated: 16:34 BST, 18 October 2023 No10 dropped a heavy hint today that the state pension rise could be downgraded – with benefits also in the firing line. The ‘triple lock’ mechanism would in theory push up the retirement payments by … Read more

OAPs in line for 8.5% rise in April under ‘triple lock’ after earnings figures are confirmed… but hike could still be downgraded to save Treasury £900m

OAPs in line for 8.5% rise in April under ‘triple lock’ after earnings figures are confirmed… but hike could still be downgraded to save Treasury £900m By James Tapsfield, Political Editor For Mailonline Published: 14:17 BST, 17 October 2023 | Updated: 17:18 BST, 17 October 2023 The state pension is in line for an 8.5 … Read more

Thousands of parents will get £35 to spend at supermarkets: how to find out if YOU are owed the cash

Thousands of parents will get £35 to spend at supermarkets – how to find out if YOU are owed the cash Thousands of parents will be able to receive £35 vouchers to spend at the shops  It comes as part of the Household Support Fund handed out to local authorities   Councils have been given part … Read more

Jeremy Hunt wore TWO watches as he delivered the Autumn Statement – with one costing £4,450

Jeremy Hunt wore TWO watches as he delivered the Autumn Statement — with one costing £4,450 and the other flashing diary reminders Chancellor Jeremy Hunt delivered a doom-laden Budget on Thursday afternoon  But Mr Hunt appeared to have an IWC Schauffhausen strapped to his left arm  He was thought to be wearing luxury Swiss brand’s … Read more

Tourist hotspots across England are preparing to double council tax for second home owners

Tourist hotspots across England are preparing to double the council tax for second home owners – on top of the five per cent rise for everyone introduced in Jeremy Hunt‘s autumn budget.  Councils in Devon, Cornwall, Norfolk, the Lake District and Yorkshire are among those planning to increase council tax for those who are not … Read more

Average energy bills to rise to £3,000 a year from April – Jeremy Hunt’s Autumn Budget 2022 unveils

Average energy bills will rise to £3,000 a YEAR from April but Jeremy Hunt confirms poorest will receive extra support with eight million households to get £900 payments Average energy bills will rise to £3,000 a year in April under altered plans Chancellor confirms changes to ‘Energy Price Guarantee’ from next year Millions of households now … Read more

AUTUMN BUDGET 2022 RECAP: Jeremy Hunt defends brutal Autumn Statement

AUTUMN BUDGET 2022 RECAP: How Jeremy Hunt defended his brutal Autumn Statement by claiming £25billion in tax rises shows he is facing up to difficult decisions after Nigel Farage accused Chancellor of ‘declaring war on small business’ Recap on MailOnline’s main coverage of the 2022 autumn statement HERE  By Jack Wright For Mailonline Published: 08:31 … Read more

Almost TWO THIRDS of Britons say they are rationing heating at home because of cost of living fears

Almost TWO THIRDS of Britons say they are rationing heating at home because of cost of living fears with more than half worried about how they will keep their homes warm this winter ONS also found that two thirds of Brits have cut down on non-essential spending More than four-in-10 have cut down on their … Read more

Jeremy Hunt warns the UK must ‘pay our way’ as he prepares to unveil austerity

Jeremy Hunt warned the UK must ‘pay our way’ today as he prepares to unveil ‘eye-watering’ austerity measures next week. The Chancellor said he will present a ‘plan which protects the most vulnerable’ in his Autumn Statement. But amid signs that public spending will increase by just 1 per cent from 2025 rather than 3.7 … Read more

Boris Johnson looks at alternatives to cap on costs as care reforms are delayed AGAIN

Care reforms are delayed AGAIN: Families remain stuck with sky-high bills as Boris Johnson looks at alternatives to cap on costs Families stuck facing sky-high bills as Boris’ plan for care reforms delayed again  It is understood that Downing Street has gone cool on idea of £40,000 costs cap PM is now looking at a … Read more