BBC presenter Simon McCoy announces he is leaving corporation 

BBC News presenter Simon McCoy has announced he is leaving the corporation after nearly 18 years. The 59-year-old confirmed the news on social media, after his floor manager wished him luck on his final day.  McCoy, who joined the BBC from Sky in 2004, is expected to present the News at One for the last … Read more

Rishi Sunak Budget ‘super deduction’ could wipe Amazon corporation tax bill to ZERO, say campaigners

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its bill: Online giant’s corporation tax could be cut to zero, campaigners warn The online retail giant’s British sales soared 51 per cent to £19.4billion last year Its warehousing arm paid £6.3mil in tax in 2019 despite raking in £3bn in sales But campaign groups say … Read more

Former BBC executive admits corporation ‘over-caters’ to 60-year-old white men from the south

Opera boss and former BBC executive admits corporation ‘over-caters’ to 60-year-old white men from the south Stuart Murphy, now boss of English National Opera, said the ‘tide had changed’ He added there’s ‘not lots’ for under-25s on ‘BBC airwaves apart from BBC3’ He was discussing corporation’s reinstatement of BBC3 as broadcast TV channel By Paul Revoir … Read more

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its corporation tax bill, campaigners warn

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its bill: Online giant’s corporation tax could be cut to zero, campaigners warn The online retail giant’s British sales soared 51 per cent to £19.4billion last year Its warehousing arm paid £6.3mil in tax in 2019 despite raking in £3bn in sales But campaign groups say … Read more

Rishi Sunak announces corporation tax will INCREASE from 19% to 25% 

Rishi Sunak today announced corporation tax will increase from 19 per cent to 25 per cent in 2023 as he said it is ‘fair and necessary’ to ask businesses to pay more to help the UK recover from the coronavirus crisis.  The Chancellor stressed that the 25 per cent rate will still be the lowest … Read more

Rishi Sunak to raise income tax, corporation tax and place levy on online deliveries after Covid

Rishi Sunak could launch a tax raid on online businesses – including a green tax on deliveries – as part of plans to replenish the country’s coffers in the wake of the Covid pandemic. The Chancellor is reportedly looking to ‘level up the playing field’ between online and high street businesses as part of a series … Read more

UK Budget: Rishi Sunak ‘set to raise corporation tax’ on 3 March

Rishi Sunak ‘is set to hike corporation tax and hand self-employed £2,500 a month in Covid grants’ at Budget as furlough is extended Chancellor Rishi Sunak will deliver his latest Budget on March 3 next week The Chancellor is said to be considering hiking corporation tax to 25 per cent Meanwhile, £7,500 grants for self-employed … Read more

Rishi Sunak ‘set to hike corporation tax at Budget on March 3’

Rishi Sunak ‘is set to hike corporation tax and hand self-employed £2,500 a month in Covid grants’ at Budget as furlough is extended Chancellor Rishi Sunak will deliver his latest Budget on March 3 next week The Chancellor is said to be considering hiking corporation tax to 25 per cent Meanwhile, £7,500 grants for self-employed … Read more

‘Brexit has NOT been catastrophic’: City of London Corporation boss says

The boss of the City of London Corporation claims the capital does not want or need the Government to ignite a ‘bonfire’ of EU regulations to continue thriving as a global financial hub. Catherine McGuinness, chairman of the policy and resources committee of the City of London Corporation, said: ‘We’re not expecting any major deregulation … Read more

March Budget: Rishi Sunak faces Tory backlash over corporation tax

Rishi Sunak is facing a Tory backlash amid claims he wants to hike corporation tax in the March Budget. The Chancellor is desperately seeking ways to restore the public finances after they were hammered by coronavirus, with fears borrowing will top £400billion this year. Grim forecasts suggest the economy is on track for a double-dip … Read more