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Page 17 - Rishi Sunak

Sunak drawn into in-laws' Amazon India tax row as they face $7.7 mn bill

The revelations come just days after Sunak led the G7 finance ministers' charge to agree to a global deal designed to make tech companies pay more tax.

Sunak drawn into in-laws' Amazon India tax row as they face $7.7 mn bill
Updated On : 14 Jun 2021 | 5:17 PM IST

Rishi Sunak isn't sold on US President Joe Biden's global business tax plan

Britain wants the US and other nations to focus instead on measures to make big MNCs, such as Amazon, pay more of their tax in countries where they operate

Rishi Sunak isn't sold on US President Joe Biden's global business tax plan
Updated On : 17 May 2021 | 1:28 AM IST

Britain increases business tax to pay off nation's vast Covid-19 debt

"Even after this change, the United Kingdom will still have the lowest corporation tax rate in the G7," Sunak said

Britain increases business tax to pay off nation's vast Covid-19 debt
Updated On : 04 Mar 2021 | 2:08 AM IST

Britain to freeze personal tax thresholds until 2026, says Rishi Sunak

Sunak said the freeze was part of an approach to start fixing the public finances as he looks for ways to raise funds following unprecedented measures to support jobs and the economy during Covid

Britain to freeze personal tax thresholds until 2026, says Rishi Sunak
Updated On : 03 Mar 2021 | 10:37 PM IST

UK's Sunak extends Covid rescue plan but firms to pay more tax from 2023

A tax cut for home-buyers was also extended until the end of June

UK's Sunak extends Covid rescue plan but firms to pay more tax from 2023
Updated On : 03 Mar 2021 | 8:48 PM IST

Sunak to promise 'whatever it takes' in UK's new Covid-19 budget plan

Sunak has so far spent almost 300 billion pounds ($419 billion) on emergency support measures and tax cuts

Sunak to promise 'whatever it takes' in UK's new Covid-19 budget plan
Updated On : 03 Mar 2021 | 7:28 AM IST

Rishi Sunak plots tax raid to plug UK deficit, risking Tory rage

Sunak's answers will shape his own fortunes, the Conservative government's political identity, and the UK economy's chances of making a full recovery from its deepest recession for 300 years

Rishi Sunak plots tax raid to plug UK deficit, risking Tory rage
Updated On : 01 Mar 2021 | 2:18 AM IST

UK's Rishi Sunak says public finances will not be fixed overnight

British finance minister Rishi Sunak said he would not try to fix the public finances overnight, days before he announces a budget plan

UK's Rishi Sunak says public finances will not be fixed overnight
Updated On : 28 Feb 2021 | 3:52 PM IST

UK's Rishi Sunak to raise business tax to pay for Covid-19 support

Allies of Sunak clarified he would not increase corporation tax higher than 23 per cent

UK's Rishi Sunak to raise business tax to pay for Covid-19 support
Updated On : 22 Feb 2021 | 12:56 AM IST

Britain economy suffers biggest slump in 300 years amid Covid-19 lockdowns

Gross domestic product rose 1 per cent from the third quarter, fuelled by a boom in construction and government spending

Britain economy suffers biggest slump in 300 years amid Covid-19 lockdowns
Updated On : 13 Feb 2021 | 1:19 AM IST

UK plans to tax firms that profited from Covid-19 pandemic, says report

Finance minister Rishi Sunak is unlikely to announce these taxes at the budget announcement scheduled for March 3

UK plans to tax firms that profited from Covid-19 pandemic, says report
Updated On : 07 Feb 2021 | 8:30 AM IST

Rishi Sunak plans 500 pounds one-time benefit payment amid Covid-19

The plans come ahead of an April deadline when last March's 20 pound-per-week uplift to universal credit payments is set to end

Rishi Sunak plans 500 pounds one-time benefit payment amid Covid-19
Updated On : 18 Jan 2021 | 1:51 AM IST

Covid-19 crisis: Economic emergency has just begun, says Rishi Sunak

Sunak said on Thursday that he was confident and hopeful that a Brexit trade deal could be struck with the European Union - and that the shape of the deal was clear

Covid-19 crisis: Economic emergency has just begun, says Rishi Sunak
Updated On : 27 Nov 2020 | 2:47 AM IST

World Coronavirus Dispatch: Growing disquiet over Oxford-Astra vaccine data

Covid passports seen key to resuming travel, Sewage testing may offer early signs of outbreaks, IBM to shed 10,000 jobs in Europe, and other pandemic-related news across the globe

World Coronavirus Dispatch: Growing disquiet over Oxford-Astra vaccine data
Updated On : 26 Nov 2020 | 3:06 PM IST

Rishi Sunak allocates funds for UK's Counter Terrorism Operations Centre

UK Chancellor Rishi Sunak has announced to set aside millions of pounds to establish a world-leading Counter Terrorism Operations Centre (CTOC) based in London

Rishi Sunak allocates funds for UK's Counter Terrorism Operations Centre
Updated On : 26 Nov 2020 | 10:08 AM IST

UK will suffer its deepest recession in more than 300 years: Rishi Sunak

Says health emergency not over yet & economic emergency has only just begun

UK will suffer its deepest recession in more than 300 years: Rishi Sunak
Updated On : 26 Nov 2020 | 2:07 AM IST

Britain wants to agree a European Union free-trade deal: FM Rishi Sunak

Britain wants to strike a free-trade deal with the European Union, but the short-term impact of not doing so will be overshadowed by the Covid-19 pandemic, British Finance Minister Rishi Sunak said

Britain wants to agree a European Union free-trade deal: FM Rishi Sunak
Updated On : 23 Nov 2020 | 8:58 AM IST

No return to austerity in new spending plan, says UK's Rishi Sunak

Says constructive Brexit deal will 'hopefully' come

No return to austerity in new spending plan, says UK's Rishi Sunak
Updated On : 23 Nov 2020 | 1:54 AM IST

Rishi Sunak plans new investment bank for UK infrastructure projects

UK Chancellor Rishi Sunak is set to unveil a new National Infrastructure Strategy next week for an estimated 100-billion pounds worth of long-term investment

Rishi Sunak plans new investment bank for UK infrastructure projects
Updated On : 21 Nov 2020 | 9:57 PM IST

UK's Rishi Sunak to address parliament as lockdown pressure mounts

Britain's main furlough programme ends this month, despite a resurgence in coronavirus cases that has led to a wave of restrictions that have fallen especially heavily on the hospitality industry

UK's Rishi Sunak to address parliament as lockdown pressure mounts
Updated On : 22 Oct 2020 | 2:24 AM IST