More than 600,000 people will miss Tuesday’s self-assessment deadline, resulting in a £60m bumper haul of late penalties for HM Revenue and Customs.
More than 600,000 people will miss Tuesday’s self-assessment deadline, resulting in a £60m bumper haul of late penalties for HM Revenue and Customs.
Cineworld Group Plc stated that it plans to emerge from bankruptcy unscathed after senior lenders were reported to have been considering a sale of its east European operations.
Ofgem, the British energy regulator, stated that its price cap for household energy bills would increase by 21% to £4,279 ($5,172) per year from January 2023 to March 2023.
The British energy regulator stated Tuesday that many companies are not doing enough to help vulnerable customers in winter.
A deep freeze on thresholds by Chancellor Jeremy Hunt has resulted in two million workers being subject to an effective 60pc income tax rate by 2028.
After the Government reduced taxpayer support, households will have to pay an additional £500 for their energy in the next year.
Jeremy Hunt, the British finance minister, announced a series of tax increases and tighter spending in a difficult budget plan that he called necessary to restore the country’s public finances. He
Cineworld Group, a movie theatre chain, announced Monday a bankruptcy settlement. This allowed the company to borrow $150 million more and repay $1 billion in debts.
Cineworld Group filed for bankruptcy protection in the US as the debt-laden company seeks to restructure.
Since joining Cineworld’s board of directors in 2014, Israel Greidinger and Mooky have been each paid huge sums. The company now faces bankruptcy.
The second-largest cinema operator in the world is looking for a rescue plan.