Possible tax hike could hammer savers say experts leicestermercury.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leicestermercury.co.uk Daily Mail and Mail on Sunday newspapers.
| UPDATED: 18:20, Wed, Mar 17, 2021
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The coronavirus pandemic has seen the EU s economic divisions come to light as the bloc suffers a recession. Throughout 2020, leaders negotiated a recovery fund worth over £500billion designed to stimulate the economy. But member states clashed over spending, distribution of the fund and the rule of law, leading to a standoff between Hungary, Poland and the rest of the bloc. Economic differences have existed for decades in the EU, with northern nations generally advocating restricted spending and southern countries calling for inves
| UPDATED: 15:35, Fri, Mar 12, 2021
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Chancellor Rishi Sunak set out his Budget earlier this month as the UK economy continues to suffer during the pandemic. He announced various policies, including an increase in corporation tax from 19 percent to 25 percent by 2023 – sweetened with £25billion incentives for businesses. Pension lifetime allowances will also be frozen as Mr Sunak looks to increase the amount of people paying duties via a stealth tax. However, the Budget was largely light on major tax changes, despite fears the self-employed could be targeted.
UK economy boom: Britain will recover quicker than the eurozone amid vaccine feud express.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from express.co.uk Daily Mail and Mail on Sunday newspapers.