Soaring inflation pushes up UK government interest payments, as US Fed chair signals more aggressive rate rises to tame inflation
On the VAT front, the pub chain Wetherspoon has criticised the government’s plans to increase VAT to its pre-pandemic level of 20% for food sold in pubs, restaurants and cafes in April. VAT was cut to 5% in July 2020 to help struggling businesses. Wetherspoon founder and chairman, Tim Martin, claims it’s not fair to charge VAT on food sold in pubs and restaurants, but not in supermarkets.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Campaigner urges Johnson to freeze assets of thousands of Russians in UKAndrei Sidelnikov says he is making list of suspected Putin supporters to share with British government
Read more »
Public health measures are key to curbing Covid in UK, say scientistsOn the second anniversary of the first lockdown, experts including Wellcome Trust director Jeremy Farrar, outline what needs to be done to cope with pandemics
Read more »
UK plans first North Sea oil and gas licensing round since 2020\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
UK financial regulation architects warn against scrapping ‘ringfencing’\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »
Campaigner urges Johnson to freeze assets of thousands of Russians in UKAndrei Sidelnikov says he is making list of suspected Putin supporters to share with British government
Read more »