LONDON, June 23 -- The government of the United Kingdom issued the following news: * The estimated provisional UK tax gap for the 2024 to 2025 tax year is 6.4% or £59.2 billion. * The largest share of the 2024 to 2025 tax gap estimate is from small businesses' non-compliance. * The government has already announced plans to raise a further £10 billion a year by 2029 to 2030 through its measures to close the tax gap. The tax gap estimate - the difference between what UK tax is expected...
LONDON, June 23 -- The government of the United Kingdom issued the following news: Today, the Chancellor has announced Professor Jonathan Haskel CBE as her nominated candidate for the Chair of the Office for Budget Responsibility (OBR) Professor Haskel is a Professor of Economics at Imperial College London. His research focuses on productivity and growth, and he has held senior roles across academia, public policy and independent oversight. He served as an External Member of the Bank of Engla...
LONDON, June 23 -- The government of the United Kingdom issued the following news: * New enforcement unit pursues billions lost to British taxpayers during pandemic * Recovery efforts intensify as nearly 2,000 company directors banned and 86 criminals prosecuted * Investigators will be able to search properties, seize assets, and recover money directly from the bank accounts and wages of those who cheated the system The Public AuthoritiesFraudInvestigation and Enforcement Service (PAFI...
LONDON, June 23 -- The government of the United Kingdom issued the following news: * UK and allies call on all parties toimmediatelyhaltattack andprotect civiliansto avoid further bloodshed * Foreign Secretary warnsEl Obeid on"precipice ofatrocity" amid escalatingviolence * UN Security Council saysthere will be no impunity for those committing war crimes UKand alliesare deeply concernedover continued Rapid Support Forces (RSF) drone attacks targeting civilian infrastructure in El Obeid, Sudan....
LONDON, June 23 -- The government of the United Kingdom issued the following news: We, the ForeignMinistersof like-minded partners (France, Germany, Ireland, Italy, Netherlands,Norway, UK), are deeply concerned by reports of a continued assault on El Obeid, despite calls for a halt to the attack and protection of civilians. Last year, the worldwitnessedwith horror the atrocities in El Fasher- crimesthat are assessed to bear the "hallmarks of genocide".We must not allow such failures to be repe...
LONDON, June 23 -- The government of the United Kingdom issued the following news: * High street businesses backed with tax changes that will level the playing field. * Government accelerates plans to scrap the duty relief on cheap imports and introduce new controls, supporting fair competition between high street and online retailers. * New review into online sellers paying VAT they owe withgovernmentusing new revenue to improve the business rates system for the high street. * Package includes...
LONDON, June 23 -- The government of the United Kingdom issued the following news: * Oxford and UCL to host newgovernment-backed labs developing the next generation of AI that more businesses and services can readily use * AI is already helping todiagnose cancer sooner andmakeour energysystems more resilient- these2 newlabs will ensure British people continue to benefit as the technology advances * Backed with up to£60 million and access to large-scale computing power, the labs will build ...
LONDON, June 23 -- The government of the United Kingdom issued the following news: * CMA orders more than £590,000 to be repaid to customers - the average payout will be around £10 per transaction * StubHub UK also fined close to £900,000 after failing to include mandatory fees in the price of tickets shown at the beginning of the sales process * Investigation is part of the CMA's work to clamp down on illegal online pricing practices The Competition and Markets Au...
LONDON, June 22 -- The Government of UK issued details related to the following business opportunity: Contracting Authority: The Barlow Roman Catholic High School Industry: Building-cleaning services Description: The Barlow Roman Catholic High School are looking for a single supplier to provide building cleaning services. The initial 3 year contract period starts 1 January 2027 and has optional 2 x 12 month contract extensions. To access this competition: Registered: Login to https://supplier...
LONDON, June 22 -- The Government of UK issued details related to the following business opportunity: Contracting Authority: UK Research and Innovation Industry: Economic impact assessment Description: UKRI-MRC, are seeking a supplier to carry out an external evaluation to provide an independent and expert assessment of the RoI/SRoI of investment Fellowships. The evaluation findings will be used by MRC to demonstrate to the public the value Fellowships bring to our economy and society; inform...