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John Healey may have been U.K. finance minister, or chancellor, for just 100 days, but he has already achieved something his predecessor, Rachel Reeves, did not. The build-up to her annual budgets was scarred by weeks of speculation about which taxes she would raise and, even though some of those increases never materialized, the damage to business and investor confidence was almost as great as if they had been imposed. By contrast, drawing on his experience as defense secretary, Healey has...
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Announcement over 55p rule 'for motorists under 10k miles'
Announcement over 55p rule 'for motorists under 10k miles' Officials believe an overall package will benefit approximately three million employees and self-employed workers The Government has announced five "everyday fixes" ahead of Wednesday's Budget to ease the cost-of-living burden on households, including permanently fixing the 55p per mile work rate – subject to a 10,000-mile limit. The Chancellor and Prime Minister have revealed that a higher tax-free mileage allowance will be made...