Chancellor eyes £360bn pot to invest in economy
Reeves previously announced a review into the pensions sector and the push to drive economic growth was also a key message of the King’s Speech. The chancellor is expected to set out
Reeves drops tax bomb
Chancellor warns that UK to expect tax rises in her autumn Budget, as a row erupted over how much she knew about the £22bn fiscal hole…reports Asian Lite News Chancellor Rachel Reeves
Reeves to reveal ‘true scale of damage’ to economy
When Reeves sets out the findings of her Treasury audit on Monday, she will also announce the date of the spending review and the budget in October…reports Asian Lite News Rachel Reeves
Zakat’s Impact: A Beacon of Hope in Tackling Homelessness Crisis
UK Local Authorities spent £1.74 billion in the year March 2022-March 2023 – an increase of 9% on the previous year…reports Asian Lite News Homelessness has penetrated the social fabric of
£900,000 penalty for promoter of tax avoidance scheme
HMRC brought the legal action against IPS for failing to notify HMRC of its arrangement until April 2022 and a judge at First-Tier Tribunal has determined they must now pay a
UK Aid to China Falls by 90%, Transparency Issues Remain
With China expected to graduate from being eligible for official development assistance (ODA) in the near future, ICAI also pointed out a lack of clear planning on how the government’s priorities in
Veterinary Debt Collection Surges in the UK
Veterinary clinics, rooted in their commitment to animal welfare, are increasingly confronted with financial dilemmas. Unsettled bills pose a significant threat to cash flow and operational efficiency…reports Asian Lite News The landscape
‘Labour will take time to turn things around’
Rachel Reeves says she would be “methodically” identifying ways to pay for existing pledges on the NHS and schools…reports Asian Lite News Labour will not be able to “turn things around straight
UK Vows to Weaken Houthi Attack Capabilities
David Cameron stated that the UK alongside the latest air strikes will use a “whole set of measures,” including the Royal Navy in the Red Sea and sanctions, to put further
UK Plans More Nuke Plants
Since then the developer of Hinkley Point C, the French utility EDF, has said the cost of Britain’s first new nuclear plant in a generation had spiralled to £33bn, a 30% increase