Tax and spending

"After further review of factors specific to Mr Ray's individual case, and as a gesture of goodwill, we have offered to refund some of the charges applied and use them to reduce the outstanding balance on his overdraft.” … [Read more...] about Bank of Scotland charged gambling addict almost £5 a day interest on £3,100 overdraft

The Department of Transport said: "A draft of the Oakervee Report was delivered shortly before Christmas, the transport secretary, chancellor and prime minister will take a final decision on HS2 shortly." … [Read more...] about Costs of high speed rail 2 to spiral by billions to eye-watering £106bn

"It's good to have clarification that in terms of divergence from the EU, that will be when it is in the economic interests of the country. It is not an obligation, it's a right we can use if we need to use it," the CBI chief Carolyn Fairbairn, host of the lunch, told the BBC. … [Read more...] about Chancellor tries to reassure firms on post-Brexit trade

In Wednesday’s autumn statement, Osborne added £430m to the billions in tax breaks he has granted the fossil fuel sector since 2012. Taxpayers will also now fund seismic exploration to help companies find more oil and gas and will pay £31m for shale gas research drilling plus another £5m to “ensure the public is better engaged” with fracking. … [Read more...] about George Osborne oversees biggest fossil fuel boom since North Sea oil discovery

What Nissan’s doing with the Leaf is sincere. I think Nissan ought to be applauded for its efforts, and GM also for the Volt. That’s not saying those are great products, they’re not great products, but just because product’s not great doesn’t mean they shouldn’t be applauded for those efforts, because they just need to iterate and iterate to make a better electric car. It’s a step in the right direction, and they need to keep going in that direction. … [Read more...] about 12 interesting things we learned from Tesla’s Elon Musk this week