17 stories found
A UK Treasury minister asserted that wealthy individuals are already being taxed appropriately, responding to calls from Labour's Shadow Chancellor Rachel Reeves for a 'wealth tax that works'. Reeves had introduced measures in her first budget.
The UK Treasury has reportedly urged supermarkets to freeze or cap prices on essential food staples to help consumers manage living costs. This move comes amid broader government efforts to address inflation.
The UK Treasury has issued a statement acknowledging the potential of digital assets to completely transform financial markets. This indicates the government's recognition of the growing importance and impact of cryptocurrency and blockchain technologies.
A UK Treasury minister, James Murray, has stated that balancing welfare and defence spending is 'not a zero-sum game,' responding to criticism regarding the military budget.
JP Morgan is reportedly considering building a new office in Canary Wharf, London, with discussions ongoing regarding potential incentives and 'sweeteners' from the UK Treasury to secure the investment.
The UK Treasury Secretary and Swedish Finance Minister co-authored an article urging people not to believe Russian propaganda about its economy, asserting that it is not as strong as portrayed.
A proposal by the UK Treasury to implement food price caps in supermarkets has been met with strong opposition, with a major retailer's boss calling the idea 'completely preposterous.'
The UK Treasury has reportedly urged major supermarkets to voluntarily cap the prices of essential food items. This move aims to alleviate the burden of the ongoing cost of living crisis on consumers.
The UK Treasury has blocked an $80,000 donation intended for the welfare of Ukrainian children in Israel, citing concerns about diverting funds from the conflict with Russia.
Analysis suggests the UK Treasury will profit from the final year of a controversial student loan scheme, drawing anger from graduates following significant changes under the previous Conservative government.
The UK Treasury is planning to curb the powers of the Financial Ombudsman Service, proposing reforms to prevent it from acting as a 'quasi-regulator'.
The UK Treasury has enlisted Tony Blair's thinktank and private tech companies to advise on the deployment of AI across public services, a move criticized by tech equity campaigners.
The UK Treasury is considering implementing food price caps to combat re-accelerating inflation, a proposal that has been met with strong opposition from supermarkets and retailers. Critics have labeled the idea as 'preposterous and idiotic'.
The UK Treasury is consulting on a proposal for non-UK resident property owners to pay a higher mansion tax on homes valued over £2 million.
The UK Treasury has refused to loosen fiscal rules to increase defense spending, fighting off claims of 'complacency' from former NATO chief George Robertson.
Pension experts have criticized the UK Treasury's decision not to extend the inheritance tax payment deadline from six to twelve months, labeling the refusal as 'inhumane'.
The UK Treasury Committee has launched an inquiry to examine whether the student loan system is 'unfair to graduates.' The committee will assess if the terms and conditions have been altered in a way that disadvantages former students.