Council tax in England set to rise by up to 5%

Council tax in England set to rise by up to 5%

Getty Photos Council tax payments in England are set to rise by as much as 5% subsequent April, after the federal government confirmed it was sticking with the present cap on will increase. Communities Minister Matthew Pennycook advised the Commons this was the “proper threshold”, as he pointed to the pressures on council budgets. It … Read more

Council tax bills could rise by 5% after Labour keeps cap in place | Tax and spending

Council tax bills could rise by 5% after Labour keeps cap in place | Tax and spending

Labour has confirmed council tax rises can be saved on the 5% cap subsequent 12 months, which might imply an increase of £100 for the common household’s payments. The prime minister’s press secretary stated on Wednesday that the edge by which native authorities can enhance payments would “stay the identical”. Hours earlier Keir Starmer had … Read more

Reeves to force UK council pensions to consolidate into eight ‘megafunds’

Reeves to force UK council pensions to consolidate into eight ‘megafunds’

Keep knowledgeable with free updates Merely signal as much as the Pensions business myFT Digest — delivered on to your inbox. UK chancellor Rachel Reeves is to legislate to develop eight pension “megafunds” as a part of reforms to Britain’s fragmented native authorities retirement scheme that she claims may unlock £80bn of funding. However the … Read more

‘Toxic culture’ around mayor at Tower Hamlets council criticised by inspectors | London

‘Toxic culture’ around mayor at Tower Hamlets council criticised by inspectors | London

Inspectors have uncovered a “poisonous” and secretive tradition at an east London council, with decision-making dominated by the interior circle of the native mayor, Lutfur Rahman, based on an official report. Ministers will now ship central authorities officers to assist oversee the working of Tower Hamlets council, led by Rahman, who was beforehand banned from … Read more

Edinburgh Council backs introduction of new ‘tourist tax’

PA Media Millions of people visit Edinburgh every year Councilors in Edinburgh have voted to introduce a tourist tax aimed at raising up to £50m a year. It will become the first city in Scotland to charge a Temporary Visitor Levy (TVL) for stays, with profits used to fund capital improvements. Fees mirror those of … Read more