Browsing: Healey

Millions of households will get £100 to help with soaring energy bills to be paid for by a tax on bank profits, John Healey has announced in his first Budget.

LONDON, Oct 28 (Reuters) – British finance minister John Healey said on Wednesday he ‌would make online marketplaces responsible for ‌collecting value added tax (VAT) owed by retailers selling on ​their platforms.

LONDON, Oct 28 (Reuters) – Britain’s finance minister John Healey said on Wednesday he would ‌maintain a freeze on the level of ‌fuel duty rates, extending a five-pence temporary cut introduced in ​2022 until at least July.

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Senior banking executives have told the BBC they expect the sector to be “on the menu” when the chancellor announces his Budget in two weeks’ time.

Exclusive: Chancellor to target sector in his first budget to help offset damage caused by Iran war on public finances

Move aimed at firms such as Amazon and eBay could raise up to £1bn more for Treasury, says report

The chancellor is to warn the European Union (EU) not to lock the UK out of its scheme to protect industries from unfair Chinese competition.

Britain’s new finance minister John Healey on Monday pledged to maintain the Labour government’s strict fiscal discipline in his upcoming budget, after governments worldwide were hit by spiking borrowing costs.

LONDON, Sept 7 (Reuters) – Britain’s new finance minister John Healey, a former trade unionist who has backed light-touch rules for banks, must soon decide on the right balance for a budget that could be the defining moment for Andy Burnham’s premiership.