Philip Hammond: Raise taxes for all to improve services
Craig TaylorThe former chancellor says all earners will need to see higher taxes if public services are to improve. BBC News – Business
Business
Elon Musk: No change to Twitter moderation policy yet
Top managers leave the social media platform as the billionaire seals his takeover of the firm. BBC News – Business
Shell pays no UK windfall tax despite profits jump
The energy giant reports $ 9.5bn in profits, its second highest quarterly earnings on record. BBC News – Business
Energy bill help for all is too expensive, warns the World Bank
Some Covid help was not targeted enough and the same is happening with energy bills, its president says. BBC News – Business
Energy crisis pushing people onto prepayment meters, says Uswitch
Uswitch says prepayment meter users are more likely to be vulnerable and at risk of running out of credit. BBC News – Business
UK faces tougher austerity era – ex-Bank chief
Former Bank of England governor Lord King says people could face “significantly higher taxes”. BBC News – Business