Tag: taxpayers

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Two shows dominated the Tony awards and proved Broadway’s debt to British taxpayers

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“Brits Triumph on Broadway” is one of those newspaper headlines – like “Snow Causes Road and Rail Chaos” – that should be kept in permanent type. And, sure enough, the latest edition of the Tony awards has produced a ...

Head of Bet365 gambling firm Denise Coates tops list of UK’s biggest taxpayers

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Denise Coates, head of gambling empire Bet365, was Britain’s biggest taxpayer last year, according to the Sunday Times Tax List. The Coates family paid an estimated £481.7m, topping the annual ranking of billionaires’...

UK taxpayers to pay former Post Office workers up to £1bn compensation

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UK taxpayers could have to pay as much as £1bn in compensation to former Post Office workers wrongly convicted of theft due to the defective Horizon IT system. The system, which was installed by the Post Office and s...

UK taxpayers warned over high charges from rebate claims firms

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Taxpayers are being warned to beware of online agents that offer to help them claim rebates from HMRC, then pocket up to half of any payments. Claims firms appear to be taking advantage of tax relief payments owed to ...

£576,000 office renovations will save taxpayers money, EU official insists

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A vice-president of the European parliament is facing questions after it was revealed he had spent nearly €690,000 (£576,000) on lavish office renovations. Rainer Wieland, a Christian Democrat MEP from Germany, spent ...

Coronavirus news live: Committee chair says Harding-run test and trace ‘treated taxpayers like ATM’; Australia approves booster shot rollout

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The UK’s flagship system to help prevent the spread of Covid-19 failed to achieve “its main objective,” committee says; Australians soon to get a Covid booster shot after regulator approval

Merck wants Americans to pay $712 for a Covid drug that taxpayers helped develop

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Last week, we learned that Merck is planning to charge Americans 40 times its cost for a Covid drug whose development was subsidized by the American government. The situation spotlights two sets of facts that have als...

‘A bill for the bosses’: infrastructure bill sticks taxpayers with oil cleanup costs

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Oil and gas companies have a century-old bad habit of drilling wells and ditching them. And while Congress finally has a plan to plug some abandoned wells, new proposals effectively pass the fossil fuel industry’s cle...

UK taxpayers face £120m compensation bill for LC&F scandal

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Taxpayers face a £120m bill for compensating thousands of people who lost money in the London Capital & Finance (LC&F) investment scandal after they were “let down” by UK regulators. About 8,800 people who inv...