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Tag: Treasury

The Treasury should be wary of giving a bailout to Virgin Atlantic | Business

You have to admire Sir Richard Branson’s tactics. A begging letter from an island-dwelling billionaire doesn’t gain sympathy. A co-ordinated lobbying campaign that involves Airbus, Heathrow airport and Rolls-Royce – all big employers in the UK – gets noticed at the Treasury. And, naturally, one can see why the trio want Virgin Atlantic to survive, …

The Treasury should be wary of giving a bailout to Virgin Atlantic | BusinessRead More

UK’s business rates system ‘broken’ says Treasury committee | Business

The business rates system is broken and the government must undertake an urgent review to find alternatives, an influential committee of MPs has said. The Treasury committee said business rates in England and Wales were high, complex and placed an unfair burden on bricks-and-mortar shops and manufacturers compared with businesses that operate online. The cross-party …

UK’s business rates system ‘broken’ says Treasury committee | BusinessRead More