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Duties & Customs 30 stories
‘Jobs killer’: Gambling industry lashes out at Healey betting tax raid
After the Chancellor announced a tax hike for the gambling and betting sector, Saskia Koopman dissected the industry reaction Machine Games Duty (MGD) will rise from 20 to 25 per cent in April 2027, below the 40 per cent...
Pint prices to rise as Healey hikes beer duty
The price of a pint is set to rise by 2p after John Healey announced plans to hike beer duty, saddling pubs with more costs despite a commitment to cut their business rates. The Chancellor said alcohol duty, which is cha...
Budget 2026: Healey freezes fuel duty again
John Healey has frozen fuel duty for a 15th consecutive year and extended the Ukraine war 5p cut, as part of a raft of small measures aimed to shield households from the Middle East conflict. The Chancellor confirmed the...
Budget 2026: Healey grants HMRC sweeping powers to chase tax debts
John Healey has given HM Revenue and Customs (HMRC) more funding and sweeping powers “to collect overdue tax from those who can clearly afford to pay but ignore repeated contact”, in yet another clampdown on tax debts. T...
Rosebank oilfield would not breach UK emission targets, say government insiders
Emissions from exported oil would not count against carbon budget, insiders say – reasoning likely to draw dismay from climate campaignersThe giant Rosebank oilfield can be approved without breaching the UK’s emission ta...
Budget 2026: six charts that reveal the economic realities facing the chancellor
From tackling the youth jobs crisis to repairing Brexit’s economic damage, John Healey has his work cut out for himYou be the chancellor: play our budget game to see if you can balance the booksJohn Healey will deliver h...
The chancellor’s pet PuFins have an important role – but they need more scrutiny | Nils Pratley
A regulator to keep the National Wealth Fund and the British Business Bank on mission is starting to look essentialTwo winners in the budget are known already. They are the National Wealth Fund and the British Business B...
Four in five London homes shed value as mortgage costs soar
The vast majority of homes in London are losing value, prompting calls for John Healey to cut stamp duty at the Budget later this week. Across the capital and the south east of England, 85 per cent of homes have fallen i...
Healey pledges cheaper marmalade and gherkins in pre-Budget package of 'everyday fixes'
The chancellor will axe tariffs on some staples as part of plans to give households "breathing space".
‘I, The TrUssTER, will NeveR die’ – Liz Truss’s Bank Job, digested by John Crace
She’s back with another book – and it’s a lot like the last one. Our sketchwriter spares you the 100 pagesHI!!! It’S mE Liz. THe TrUssTER. GueSS wHat? I’vE oNLy GOnE aND RiTTen anOTHer BoOK. IT’s called The NUT JOB. IMaG...
Bookies fear budget hit but gaming machine self-harm killed off the old-fashioned shops
A wholesale plunder of local communities via casino-gaming took place and racing was content to sit on sidelinesHas it really been almost a year since racing’s last bout of Budget-related anxiety? Apparently so, because...
Donald Trump has been a disaster for rural America | Steven Greenhouse
The president’s policies have taken such a toll on farmers that Republicans face trouble in deep-red statesDonald Trump’s policies have been a disaster for the nation’s farmers, so much so that a near electoral miracle m...
Sadiq Khan urges banks to stay in London as tax raid looms
Sadiq Khan has urged London’s biggest banks to keep investing in the UK, days away from an expected tax raid on the sector. On Monday, the Mayor of London said the City’s banking sector is “really important” but refused...
Volkswagen to build $4bn Audi SUV factory in US despite job cuts at home
VW investment, creating 4,500 jobs in Georgia, comes amid Trump’s damaging tariffs, intense Chinese competition and costly shift towards EVsAudi has said it will spend $4bn (£3bn) to build its first factory in the US, as...
Government slashes red tape and tariffs to give businesses breathing space
British businesses will get a bit more breathing space as the Chancellor announces new plans to slash the red tape choking firms.
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