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The Latest Breaking News from HM Treasury

Businesses could be forced to accept cash under new rules, MPs warn

The number of people paying in cash has plummeted over the past decade

The Independent UK

Firms ‘may need to be forced to accept cash to prevent two-tier society’

The Treasury Committee is urging the Government to improve its monitoring and said the Treasury may eventually need to mandate cash acceptance.

Evening Standard

VAT on private school fees could have ‘seismic impact’ on girls – headteacher

The Girls’ Schools Association president called on independent schools to ‘stand up and fight’ to protect girls-only education.

Evening Standard

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read the most diverse news in one place.

NatWest buys back £1bn of its shares from UK government

Privatisation of bailed-out bank continues after plan to offer to retail investors was abandoned

The Guardian - UK

The Budget: Winners and losers

Who are the winners and losers from the Budget?

Evening Standard

If Rachel Reeves hikes capital gains tax, she’ll be more in line with Nigel Lawson than Gordon Brown

With Labour heavily predicted to win the upcoming UK election, there has been much talk about future tax plans.

The Conversation

Voters reveal which political leader they would like to manage the England football team

Exclusive: Techne UK asked voters which political leader would be best to manage the England football team

The Independent UK

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Apple vows to appeal against €1.84bn EU fine in music streaming case – as it happened

Apple shares drop after it is penalised following investigation into allegations it obstructed music-streaming rivals

The Guardian - UK

Bank of England has relied on ‘inadequate’ forecasts, Lords report says

The report recommended that ‘the Bank’s remit should be pruned by HM Treasury’.

The Independent UK

Inspirational Black British women you should know about

The Black British women who have helped shape history

Evening Standard

British public ‘being ripped off’ as Shell pays just 22p in tax per citizen despite record profits

UK ranks 19th out of the 25 countries in which Shell operates for the amount of tax it paid, campaigners say

The Independent UK

UK government sells £1.26bn of NatWest shares, taking stake below 40%

State bailed out lender, formerly known as RBS Group, in near-£46bn deal during 2008 financial crisis

The Guardian - UK

OPINION - The London Discount: Britain’s biggest firms would be worth £460bn more in New York

Education, skills, demand for labour – a range of factors determine how much any of us are worth. But the single biggest factor is geography. A car wash manager in the US can earn more than the head of cyber security at HM Treasury in London, who in turn makes…

Evening Standard

Weak public investment an ‘institutional failure of the British state’ – report

A think tank has called for an end to political and fiscal incentives that harm public services and hinder economic growth.

The Independent UK

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Wales Online

UK Treasury takes back £150m from the Welsh Government because it hadn't spent it quickly enough

Welsh ministers had wanted to use the money to cover infrastructure spending and are furious at Westminster's actions

The National (Scotland)

Watch as Ofcom chief is GRILLED on why Tory MPs get to host news shows

Nicolson pushed Dawes on the broadcast regulator’s rules which state no politician can work as an interviewer on news and current affairs…

The Guardian - UK

Crypto is intended to be hard to regulate, but at least the Treasury wants to have a go

The government’s consultation document on cryptocurrency highlights the challenges that must be faced in the regulatory process

The Guardian - UK

Wake up and buy the coffee: inflation raises cost of a takeaway cup

Chancellor uses price of coffee as prop to explain inflation while a high street latte now costs more than £3

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Glasgow Live

People in Glasgow with these surnames can inherit huge fortunes

A list of unclaimed estates have been published highlighting the surnames that could land a fortune, and some surnames in Glasgow could be among that prolific list.

Leeds Live

143 Leeds surnames that could be worth millions in unclaimed estates

There's millions of pounds worth of unclaimed fortune from people who died without leaving a will - HM Treasury keeps a full list of unclaimed estates and inheritances near you

Bristol Post

Martin Lewis slams 'nonsense' Government stamp duty claim

The money saving expert took to Twitter to disprove Government claims about the potential savings for first time buyers

The National (Scotland)

Nicola Sturgeon speaks out as Tories land UK 'in grip of economic crisis'

THE First Minister of Scotland has demanded action from the Tory government, warning that the UK is in the “grip of a rapidly deteriorating…

The National (Scotland)

Bank of England takes emergency action as UK enters 'financial crisis territory'

THE Bank of England has been forced to intervene in an attempt to avoid a full-blown financial crisis after Liz Truss’s government announced…

Manchester Evening News

Bank of England launches emergency programme to prevent 'material risk' to UK financial stability

The Treasury has said the Government will continue to 'work closely' with the Bank of England after the move was announced

Wales Online

Bank of England launches bond-buying scheme to stave off 'material risk to UK'

The bank is taking action to protect the economy

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