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The Latest Breaking News from PAC

HMRC criticised by watchdog for failing to track billionaires’ tax

Report comes as government faces growing demands for wealth tax to improve health of public finances after welfare U-turn earlier this month

The Guardian - UK

HMRC does not know how many billionaires pay tax in UK – report

The Public Accounts Committee is calling for HMRC to publish its plan for increasing tax yield from wealthy taxpayers domestically and offshore.

Evening Standard

How much tax do Britain’s billionaires pay? HMRC has no idea, damning report finds

The finding comes amid growing calls for a wealth tax among Labour MPs

The Independent UK

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Government inheriting poor value assets due to bad handling of PFI contracts, watchdog says

Public accounts committee warns UK infrastructure risked becoming ‘stony ground’ for investors without major overhaul

The Guardian - UK

‘Unclear’ how Labour’s pledge to recruit 6,500 teachers will address shortages

The Department for Education ‘lacks a coherent plan’, suitable targets and sufficient evidence of what works to improve teachers shortages, MPs say.

The Independent UK

Home Office migrant worker visa failure revealed

IN FULL

The Independent UK

Home Office has no idea how many people have stayed in UK after their visas expired, report warns

Government has failed to gather basic information, according to cross-party committee of MPs

The Independent UK

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Home Office fails to collect 'basic information' about UK visa holders, MPs warn

An inquiry has revealed that data on whether someone left the UK after their visa expired was not collected by the government

Evening Standard

Home Office unaware how many might have overstayed skilled worker visa, MPs warn

The Public Accounts Committee said the Home Office had not analysed exit checks since the skilled worker visa route was introduced in 2020.

Evening Standard

Wall Street shivers over ‘hot commie summer’ after Mamdani’s success

New York’s financial elite compare the city to crime-riddled Gotham after democratic socialist bests Cuomo in Democratic mayoral primary

The Guardian - US

Government told to set out plan to tackle ‘significant challenges’ with T-levels

The Department for Education should enter ‘campaign mode’ to ensure more students enrol in the technical qualifications, MPs say.

Evening Standard

Republican who pushed to ban lawmaker stock trading bought Lockheed shares ahead of Iran strikes

Two co-sponsors of bipartisan bill to regulate lawmakers’ trading activity bought stock in defense companies less than two months before Israel-Iran war reignited

The Independent UK

MPs slam ‘flat-footed’ Government effort to recover £1.9bn in Covid loan fraud

THE UK Government has been labelled “dangerously flat-footed” in its attempts to recover billions of pounds worth of taxpayer losses from an…

The National (Scotland)

Government did not want to ‘harass’ Post Office victims by chasing up claims

At least £600,000 each relating to Horizon IT scandal remains unclaimed, with officials reluctant to recontact victims

The Guardian - UK

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The Independent UK

Government branded ‘dangerously flat-footed’ in recovering £1.9bn of Covid loan losses

The Public Accounts Committee (PAC) – comprised of cross-party MPs – criticised the lack of incentive for lenders to recover the money

The Guardian - UK

HS2: 16 years of high hopes, bruising reality and burgeoning costs

As the government announces a further delay, here are key moments in the troubled project’s history so far

The Guardian - UK

Over half of English councils face insolvency under £5bn deficit, MPs warn

Public accounts committee calls on government to urgently address deficit on high needs spending hitting at end of financial year

The Guardian - UK

Labour had the chance to finally kill off HS2. Instead, it’s throwing more money into the pit

Rachel Reeves didn’t utter a word about this disaster in her spending review. Yet there’s a colossal £25bn more earmarked for it, says Guardian columnist Simon Jenkins

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International Business Times UK

George Soros' Bold Bet: Millions to Make Texas a Blue State Battleground

George Soros is pumping millions into Texas to turn it Democratic, targeting 2026 and beyond. Will his Blue Texas initiative succeed, or is it a pipe dream?

The Independent UK

Britain’s ‘most hazardous building’ could leak radioactive water for 30 more years, MPs warn

The former nuclear power plant still poses ‘intolerable risks’

The Guardian - UK

Sellafield nuclear clean-up too slow and too costly, say MPs

Parliamentary committee raises concerns over ‘suboptimal’ workplace culture at ageing waste dump

The Independent UK

UK’s most hazardous building still leaking radioactive water, MPs warn

The Commons Public Accounts Committee criticised the speed of decommissioning work at the former nuclear power plant.

The Guardian - UK

HS2 investigates claims company overcharged for supplying workers

Firm accused of inflating billing costs for staff working on high-speed rail route’s West Midlands section

Fortune

Elon Musk is being sued for allegedly not paying swing state voters the $100 he promised them to sign a petition

The lawsuit’s plaintiffs said more than 100 potential class members are collectively owed $5 million by Musk and his America PAC.

The Guardian - UK

NHS medical negligence liabilities hit £58.2bn amid calls to improve patient safety

Public accounts committee called the record sum ‘jaw-dropping’ and criticised inaction to reduce errors in a damning report

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