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The Latest Breaking News from PAC

Musk must face lawsuit brought by voters he convinced to sign petition in $1 million-a-day election giveaway, judge says

A Texas judge rejected Musk’s request to dismiss the lawsuit brought by a group of voters who say they were misled into signing a petition and handing over personal information for a chance to win $1 million

The Independent UK

Gemini's Winklevoss Twins Donate $21 Million In Bitcoin To Trump-Leaning PAC To Support US Crypto Leadership

Gemini co-founder Tyler Winklevoss and his twin brother Cameron donated $21 million in Bitcoin (CRYPTO: BTC) to a new political action committee supporting President Donald Trump on Wednesday.

Benzinga

Elon Musk’s own brainchild now haunting him as it broke free from his control with ‘consequences’

One big, beautiful contradiction.

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Elon Musk-Backed PAC Spends Millions On Pro-Trump Ad Campaign Lauding 'Big, Beautiful Bill:' Report

Building America's Future, a political action committee (PAC) backed by Elon Musk, has allocated over a million dollars for the promotion of recent White House victories, including a GOP policy package that Musk had previously criticized.

Benzinga

HMRC’s new rules are stressing freelancers out – here’s what you need to know if you’re self-employed

LET’S UNPACK THAT: For the first time in decades, the self assessment tax return process is getting an onerous shake-up. Katie Rosseinsky speaks to experts about how Making Tax Digital will actually impact self-employed people

The Independent UK

System of regulating water firms needs complete overhaul, MPs warn

The Public Accounts Committee said the Government must act with urgency to strengthen oversight of the sector.

Evening Standard

HS2 subcontractor’s role on £100m ‘bat tunnel’ terminated after claims of inflated pay rates

Contractor BAM ends Danny Sullivan Group’s involvement following investigation into ‘compliance issues’

The Guardian - UK

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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

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

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

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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Evening Standard

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.

The Guardian - US

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

Evening Standard

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.

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The Independent UK

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 National (Scotland)

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 Guardian - UK

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 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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