Government ministers are facing an uphill battle in its attempt to persuade
the six biggest energy companies in the UK to sign up for a £1bn fuel poverty
package understood to be announced later this week.
Baroness Vadera, the business minister, was drafted to the negotiations after
the four foreign-owned energy companies refused to commit voluntarily to provide
the funds, the Financial Times reports.
The energy companies are split over a proposed £150m levy on the industry for
carbon permits under the European emissions trading scheme over the coming five
years, totalling £750m to finance the measures.
Centrica, which owns
British Gas, and
Scottish and Southern
Energy have given their agreements in principle but Npower and Eon, both
owned by German companies; EDF, the French group; and Scottish Power, owned by
Iberdrola, the Spanish energy group, have refused to sign up.
HMRC has won its tenth successive case against tax avoidance schemes promoted by NT Advisors. The Court of Appeal has ruled that NT ... read more
HMRC is continuing to ramp up the number of raids on premises it carries out as part of criminal investigations, searching 761 properties in the last year
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
Since the release of HMRC’s plans for digital tax reforms, many have agreed with the call for a delay