Saturday, November 27, 2021

Tag: Chancellor of Exchequer

Pubs to give £70 million boost to the taxman from royal wedding

Locals watch the royal wedding at the Lifeboat Inn in St Ives, Cornwall
The Chancellor will be saying ‘cheers’ to the Great British pub this week, with pubs estimated to have given a £70 million windfall to the Treasury from successful trading over the royal wedding weekend. With licensing hours for Friday 18th May and Saturday 19th May extended by two hours from 11pm to 1am for the royal wedding, along with the...

Chancellor once again delays decision on FOBT maximum stake

Coinslot chancellor Autumn Statement Philip Hammond REVIEW
News sources have reported the government will once again delay its upcoming triennial review judgement on reducing the maximum stake on fixed odds betting terminals (FOBTs). Sources say the decision on how far to lower the maximum stake will now be delayed until after local council elections on 3 May. According to The Times, Chancellor Philip Hammond has put the decision...

Treasury try to stem momentum on £2 FOBT stake

Treasury FOBT stake
As one would expect with the tumultuous debate over FOBTS, as the picture gets clearer, the mist swoops in to cloud the vision. When you thought it was impossible to halt the £2 maximum stake momentum, the Chancellor has, according to newspaper reports, stepped in to stop the surge. Money, surprise, surprise, sits at the very heart of the...