(Reuters) – British finance minister Rishi Sunak is considering a cut to the 5% rate of value-added tax on household energy bills, the Financial Times reported on Sunday.
Government officials briefed on the Budget preparations said Sunak had looked at reducing the 5% VAT, but no decisions had been taken yet, the newspaper added.
Reuters / FT
(Reporting by Sabahatjahan Contractor in Bengaluru; Editing by Emelia Sithole-Matarise)
Photo British Chancellor of the Exchequer Rishi Sunak departs 10 Downing Street following a cabinet meeting in London, Britain. EPA-EFE/ANDY RAIN
Eastern Libya's military leader, Khalifa Haftar, has acquired what appear to be Chinese and Turkish combat drones, Reuters reporting has found, despite a long-standing U.N. embargo on su...
President Donald Trump staunchly defended his handling of the month-old U.S.-Israeli war on Iran in a prime-time address on Wednesday, saying the U.S. military was nearing completion of ...
Updated 0900
IAC Invests in Malta Aviation Hub, Safeguards Jobs and Expands Workforce: International Aerospace Coatings (IAC) will invest in a new aircraft design and painting facilit...
Updated 1145
Malta Business Confidence Slips as Uncertainty Rises, Despite Modest Growth Signals: Business sentiment weakened across most sectors in February, while uncertainty rose, ...
The European Parliament has called for stronger relations between the European Union and Canada, emphasising cooperation in security, trade, and multilateral coordination. In a resolutio...
European Commission President Ursula von der Leyen told the European Parliament today that in just ten days of conflict in the Middle East, fossil fuel imports have cost the EU an additi...
Malta Public Transport announces a series of enhancements to its Night Bus network, aimed at improving service frequency and connectivity for its passengers. These changes, which include...
ATTO brought the pressing issue of the Combined Transport Directive directly to the European Parliament in Brussels on the 18th of March engaging in a series of high-level discussions ah...
Vivian continues to widen its portfolio with the announcement of new representation agreements with worldwide R&D pharmaceutical companies. “These latest agreements crown a very succ...
Two local analysts have cautioned that any attempt by EU Member States to block or restrict the passporting of crypto-asset service providers (CASPs) authorised under the Markets in...
Malta Public Transport announces a series of enhancements to its Night Bus network, aimed at improving service frequency and connectivity for its passengers. These changes, which include...
ATTO brought the pressing issue of the Combined Transport Directive directly to the European Parliament in Brussels on the 18th of March engaging in a series of high-level discussions ah...
Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, in an eagerly anticipated address that disappointe...
The United States has indicated that its military operations in Iran could conclude within weeks, even as fresh incidents across the Middle East underscore the fragility of the situation...
Thousands of Cuban security personnel have begun leaving Caracas after nearly two decades in Venezuela, as Washington ramps up efforts to dismantle the long standing alliance between the...
María Corina Machado is a prominent figure in Venezuela’s opposition. She has reported that one of her closest associates, Juan Pablo Guanipa, was abducted. This occurred mere hours afte...
Ukrainian drones have hit Russia’s Baltic Sea port of Ust-Luga for the fifth time in 10 days, as Kyiv intensifies its campaign against Russian oil export infrastructure.
Regional gove...
Russia has carried out its largest aerial assault on Ukraine since the start of the war, launching a record 948 drones over a 24-hour period, according to Ukrainian officials.
More th...
