Tag: Press Release

  • PRESS RELEASE : The United Kingdom wants to see a safe and peaceful transition to a legitimate government that reflects the will of the Venezuelan people – UK statement at the UN Security Council [January 2026]

    PRESS RELEASE : The United Kingdom wants to see a safe and peaceful transition to a legitimate government that reflects the will of the Venezuelan people – UK statement at the UN Security Council [January 2026]

    The press release issued by the Foreign Office on 5 January 2026.

    Statement by Ambassador James Kariuki, UK Chargé d’Affaires to the UN, at the UN Security Council meeting on Venezuela.

    The Venezuelan people have suffered for years.

    This Council now meets at a pivotal moment for Venezuela’s future.

    Maduro’s actions created extreme levels of poverty, violent repression, and failing basic services. 

    His regime’s rule precipitated a displacement crisis affecting the whole region. 

    The United Kingdom has long been clear that Maduro’s claim to power was fraudulent. 

    To date, Venezuela’s National Electoral Council has failed to publish the full results of the July 2024 Presidential elections. 

    Independent domestic and international reports also observed significant irregularities and a lack of transparency. 

    President, the United Kingdom wants to see a safe and peaceful transition to a legitimate government that reflects the will of the Venezuelan people. 

    They deserve a government which reflects their vote at the ballot box, and delivers a more stable, prosperous future for all Venezuelans.

    Finally, President, the United Kingdom reaffirms its commitment to international law and the principles enshrined in the Charter of the United Nations.  

    These foundations are essential for maintaining global peace, security, and the rule of law.

  • PRESS RELEASE : 5.65 million still to file as the Self Assessment deadline looms [January 2026]

    PRESS RELEASE : 5.65 million still to file as the Self Assessment deadline looms [January 2026]

    The press release issued by HM Treasury on 5 January 2026.

    Millions of taxpayers have less than one month to file their Self Assessment tax return.

    • 5.65 million people still need to file their Self Assessment tax return
    • thousands of people celebrated the New Year by filing their Self Assessment tax return
    • 6.36 million people head into 2026 with their tax affairs in order

    Thousands of people got a head start on their 2026 resolutions by filing their Self Assessment tax return over the New Year.

    With less than a month to the 31 January deadline, 54,053 customers chose to ring in the New Year by filing their tax return for the 2024 to 2025 tax year on New Year’s Eve and New Year’s Day. The figures, show:

    • 342 customers beat the bells by filing their tax return in the last hour of 2025
    • 19,789 missed their traditional New Year’s Day walk or day in front of the TV to file their tax return instead
    • 3,927 people filed between 11am and 11:59am on 31 December – the most popular time to file over the 2 days

    More than 6.36 million taxpayers have submitted their tax return so far, which leaves almost 5.65 million who still need to complete their Self Assessment. Those who miss the deadline could face an initial late filing penalty of £100.

    Myrtle Lloyd, HMRC’s Chief Customer Officer, said:

    New Year is a great time to start afresh. What better way than to ensure your tax affairs are in order for another year than completing your tax return. If you have yet to start, the clock is ticking, go to GOV.UK and start today.

    A wide range of online help and support is available on GOV.UK to help people fill in and file their tax return.

    Customers can start their tax return, save it and re-visit it as many times as they need to before they submit it. And, once they’ve sent it, the bill doesn’t have to be paid straight away, but does need to be paid before the 31 January deadline.

    The easiest way to pay is through the HMRC app. Customers can also set up notifications in the app to ensure they know when payments are due so they don’t miss a deadline.

    Information about different payment options can be found on GOV.UK.

    Customers who are unable to meet the tax return deadline need to tell us before the 31 January. HMRC will treat those with reasonable excuses fairly.

    The penalties for late tax returns are:

    • an initial £100 fixed penalty, which applies even if there is no tax to pay, or if the tax due is paid on time
    • after 3 months, additional daily penalties of £10 per day, up to a maximum of £900
    • after 6 months, a further penalty of 5% of the tax due or £300, whichever is greater
    • after 12 months, another 5% or £300 charge, whichever is greater

    There are also additional penalties for late payments of 5% of the tax unpaid at 30 days, 6 months and 12 months. If tax remains unpaid after the deadline, interest will also be charged on the amount owed, in addition to the penalties above.

    People who complete a Self Assessment tax return to pay the High Interest Child Benefit Charge (HICBC) can opt out and choose to pay it through their tax code via the new PAYE digital service

    Eligible customers need to notify HMRC to stop Self Assessment before the filing deadline. Where a tax return has already been sent, customers can choose to stop from the following tax year. HMRC will then amend their tax code and they will be registered to pay HICBC through PAYE. 

    Customers do not need to include their 2025 Winter Fuel Payment, or Pension Age Winter Heating payment in Scotland, on their tax return for the 2024 to 2025 tax year as payments received in Autumn 2025 will be recovered in the 2025 to 2026 tax return, due by 31 January 2027. 

    Self Assessment customers are at increased risk of being targeted by criminals and should never share their HMRC login details with anyone, including a tax agent, if they have one. HMRC scams advice is available on GOV.UK.

    Further Information

    See more information about Self Assessment.

    New Year filing figures include:

    • 34,264 customers filed on New Year’s Eve, the most popular time being 11:00 to 11:59 when 3,927 filed their tax return
    • 19,789 customers filed on New Year’s Day, the most popular time being 16:00 to 16:59 when 1,994 filed their tax return

    More than 12 million people are expected to file a Self Assessment tax return for the 2024 to 2025 tax year.

    Sole traders and landlords with a turnover above £50,000 will be required to use Making Tax Digital (MTD) for Income Tax from 6 April 2026 and be required to submit quarterly summaries of their income and expenses to HMRC. HMRC is urging eligible customers to act now and sign up to Making Tax Digital as this is the best way to get ahead, giving you extra time to select software and familiarise yourself with the new service. Agents can also register their clients via GOV.UK.

    People who have sold assets such as shares after 30 October 2024 need to be aware of changed rates of Capital Gains Tax for the disposal of assets when completing their Self Assessment tax return as it won’t automatically calculate the correct amount of Capital Gains Tax due. Instead, they may need to work out an adjustment to the tax automatically calculated using the adjustment calculator on GOV.UK.

  • PRESS RELEASE : Landmark junk food ad ban to protect kid’s health [January 2026]

    PRESS RELEASE : Landmark junk food ad ban to protect kid’s health [January 2026]

    The press release issued by the Department of Health and Social Care on 5 January 2026.

    Children will be protected from exposure to junk food ads under new regulations, in a bid to tackle childhood obesity.

    • Government delivers on pledge to restrict junk food advertising and help parents raise healthiest generation of children ever
    • New regulations will remove up to 7.2 billion calories from UK children’s diets each year as part of drive to reduce childhood obesity
    • Children will be protected from excessive exposure to unhealthy food adverts on television and online.

    Kids will be protected from exposure to junk food advertising on TV and online as new regulations come into force to help tackle childhood obesity.

    From today, adverts for less healthy food and drinks will be banned on television before 9pm, and online at all times.

    This decisive and world-leading action by this government is expected to remove up to 7.2 billion calories from children’s diets each year, reduce the number of children living with obesity by 20,000 and deliver around £2 billion in health benefits over time.

    Evidence shows advertising influences what and when children eat, shaping preferences from a young age and increasing the risk of obesity and related illnesses. The ban targets the media children and young people use most at the times they use it.

    At the start of primary school, 22.1% of children in England are living with overweight or obesity and this rises to 35.8% by the time they leave. Tooth decay is the leading cause of hospital admissions for young children (typically ages 5-9) in the UK.

    Minister for Health, Ashley Dalton said:

    We promised to do everything we can to give every child the best and healthiest start in life.

    By restricting adverts for junk food before 9pm and banning paid adverts online, we can remove excessive exposure to unhealthy foods – making the healthy choice the easy choice for parents and children.

    We’re moving the dial from having the NHS treat sickness, to preventing it so people can lead healthier lives and so it can be there for us when we need it.

    This government has worked closely with health campaigners and industry leaders to find the right balance which combines our commitment to raising healthy kids and economic growth. It’s in everyone’s interest that parents and children can make healthy choices and we thank food and drink companies for getting behind these restrictions voluntary since October ahead of them taking legal effect today.

    Previous interventions, such as the Soft Drinks Industry Levy resulted in businesses reformulating to make products healthier, and the measures coming into effect today have already had a similar impact, driving the development and promotion of healthier options.

    This change is part of a range of measures the government is taking to lift children out of poverty and help give them the best start in life.

    To tackle obesity and improve diets, this government has introduced the Healthy Food Standard to make the average shopping basket of goods healthier, and we’re giving local authorities the power to stop fast food shops setting up outside schools.

    Katharine Jenner, Executive Director, Obesity Health Alliance, said:

    It’s been one battle after another, but we are finally going to see children being protected from the worst offending junk food adverts. This is a welcome and long-awaited step towards better protecting children from unhealthy food and drink advertising that can harm their health and wellbeing. These new restrictions will help reduce children’s exposure to the most problematic adverts and mark real progress towards a healthier food environment.

    For the government to achieve its ambition of raising the healthiest generation ever, this is an important policy as part of a broader approach to preventing obesity-related ill health. Continuing to strengthen the rules over time will help ensure these protections remain effective.

    Colette Marshall, Chief Executive at Diabetes UK, said: 

    With type 2 diabetes on the rise in young people, the need to improve children’s health in the UK has never been greater. Obesity is a major risk factor for type 2 diabetes, and the condition can lead to more severe consequences in young people – leaving them at risk of serious complications like kidney failure and heart disease.

    The long-awaited move to restrict junk food advertising – along with other measures such as mandatory healthy food sales reporting for businesses and the extension of the Soft Drinks Industry Levy – can help protect the health of our children, creating a future where conditions like type 2 diabetes can be prevented in young people.

    The Soft Drink Industry Levy will be extended to cover more products, including sugary milk-based drinks – and we’re helping to further improve kids’ diets by banning the sale of high-caffeine energy drinks to children under 16.

    In December, the Prime Minister announced parents could save up to £500 a year on baby formula thanks to new government measures aimed at reducing household costs and easing the cost of living for hard-working families.

    This government has also introduced supervised toothbrushing for three to five-year-olds to protect those in the most deprived communities from tooth decay.

    Our landmark Tobacco and Vapes Bill, meanwhile, will break the cycle of addiction and stop the next generation getting hooked on nicotine. It will also halt the advertising and sponsorship of vapes, limiting their packaging, flavours and displays which lure young people in.

    These measures combined with the junk food ban mark the 10 Year Health Plan’s shift towards prevention and significant progress towards the government’s our pledge of raising the healthiest generation of children ever.

    Farid (17), Bite Back Activist, said: 

    Today is a milestone moment – one that young people across the UK have been campaigning for over many years. We welcome the government taking action to put children’s health front and centre, to protect young people from the predatory and manipulative marketing of unhealthy food by junk food giants.

    These new rules are an important first step that begins to rip down the wallpaper of junk food advertising that surrounds young people on TV and online every day. We’re proud to see this change finally happen. But this cannot be the end. Young people are energised to keep pushing, working hard to make 2026 the year we fully transform the environments children grow up in.

    Malcolm Clark, Senior Policy Manager at Cancer Research UK, said:

    The world around us heavily influences what we eat and drink, which is why Cancer Research UK has long campaigned for restrictions on advertising unhealthy foods to children.

    Measures announced today – if properly enforced – are a crucial step towards creating an environment that protects children and empowers healthy lifestyle changes. 

    Obesity and overweight causes at least 13 different types of cancer, and children living with obesity are much more likely to live with obesity as adults too. The UK Government must build on this landmark legislation with further bold action to make a healthy diet more accessible and reduce people’s risk of cancer in the future.

    Cllr Dr Wendy Taylor MBE, Chair of the Local Government Association’s Health and Wellbeing Committee, said:

    This is a positive step towards creating healthier environments for children and tackling childhood obesity.

    Childhood obesity remains one of the most significant public health challenges we face, driving health inequalities and placing a significant cost burden on the NHS and wider society. These measures are an important part of a whole systems approach, alongside local action to improve access to healthy food and opportunities for physical activity.

    We are pleased to see that these measures complement other public health initiatives, such as the Tobacco and Vapes Bill, which together signal a strong commitment to prevention and improving health outcomes.

    Alice Wiseman MBE, Vice President of the Association of Directors of Public Health, said:

    The vast majority of deaths in this country are caused by preventable illnesses and disease, including many cancers, respiratory, heart and liver disease. These illnesses are often linked to the consumption of harmful products like unhealthy food and drink, but this is not the result of personal choice.

    The reality is that what we eat and drink is heavily influenced by cheap prices and clever marketing campaigns backed by multi-million pound budgets. We simply don’t have the freedom to choose.

    There is no quick fix, but we know from our experience of tackling tobacco harm, that one of the key ways to reduce illness and death caused by harmful products is to introduce tighter restrictions on advertising those products.  

    There is of course further to go, but today’s legislation is a significant and welcome step forward in protecting people from industry influence and reducing the number of people living with – and dying from – preventable illness and disease.

  • PRESS RELEASE : Strikes on Daesh [January 2026]

    PRESS RELEASE : Strikes on Daesh [January 2026]

    The press release issued by the Ministry of Defence on 3 January 2026.

    Royal Air Force aircraft have completed successful strikes against Daesh in a joint operation with France.

    Royal Air Force aircraft have continued to conduct patrols over Syria to help prevent any attempted resurgence of the Daesh terrorist movement following its military defeat at Baghuz Fawqani in March 2019. Careful intelligence analysis identified an underground facility, in the mountains some miles north of the ancient site of Palmyra. This facility had been occupied by Daesh, most likely to store weapons and explosives. The area around the facility is devoid of any civilian habitation.

    RAF Typhoon FGR4s, supported by a Voyager refuelling tanker, therefore joined French aircraft in a joint strike on the underground facility on the evening of Saturday 3 January.  Our aircraft used Paveway IV guided bombs to target a number of access tunnels down to the facility; whilst detailed assessment is now underway, initial indications are that the target was engaged successfully. There is no indication of any risk having been posed to civilians by the strike, and all our aircraft returned safely.

    Defence Secretary John Healey MP said:

    This action shows our UK leadership, and determination to stand shoulder to shoulder with our allies, to stamp out any resurgence of Daesh and their dangerous and violent ideologies in the Middle East.

    I want to thank all the members of our Armed Forces involved in this operation – for their professionalism and their courage.

    They were among thousands of British personnel deployed over Christmas and New Year. This operation, to eliminate dangerous terrorists who threaten our way of life, shows how our Armed Forces are ready to step up, all year round, keeping Britain secure at home and strong abroad.

  • PRESS RELEASE : Keir Starmer call with President Zelenskyy of Ukraine [January 2026]

    PRESS RELEASE : Keir Starmer call with President Zelenskyy of Ukraine [January 2026]

    The press release issued by 10 Downing Street on 3 January 2026.

    The Prime Minister spoke to the President of Ukraine, Volodymyr Zelenskyy, this morning.

    The leaders welcomed the US’ continued push for a just and lasting peace, and agreed it was clear no party wanted that more than Ukraine.

    The Prime Minister paid tribute to the resilience of the Ukrainian people, who continued to suffer as Russia bombarded cities with missiles and drones, and systematically destroyed critical national infrastructure to plunge families and the elderly into the cold and dark.

    The Prime Minister welcomed National Security Advisor level discussions in Kyiv today, and looked forward to leaders progressing that work in Paris on Tuesday.

    They discussed the ongoing work to ensure a multi-national force could deploy to Ukraine in the days following a ceasefire.

    The Prime Minister welcomed the appointment of Lieutenant General Kyrylo Budanov as the head of the Office of the President in Ukraine, and said his team looked forward to working closely with him.

    The leaders agreed to stay in close touch.

  • PRESS RELEASE : Thousands of new magistrates wanted in 2026 as Government launches national recruitment campaign [January 2026]

    PRESS RELEASE : Thousands of new magistrates wanted in 2026 as Government launches national recruitment campaign [January 2026]

    The press release issued by the Ministry of Justice on 3 January 2026.

    Thousands of ordinary people from all walks of life are being called on by the Government today (3 January) to volunteer their time to delivering justice by becoming a magistrate.

    • Everyday heroes from all backgrounds wanted to deliver justice in local communities across the country 
    • Over 2,000 magistrates recruited in the last three years  
    • Part of Government’s Plan for Change to deliver swifter justice for victims and to protect the public

    Over 2,000 extra magistrates have been trained since 2022 and this new, ambitious recruitment drive aims to boost the magistracy by the same number again in just the next financial year.  

    Magistrates are representative of the communities they serve. Latest figures show that 57% of magistrates are female and 14% come from an ethnic minority background, with London having the highest proportion of magistrates from an ethnic minority background at 31%. 

    Magistrates play a vital role in delivering justice locally. They are all volunteers and are expected to dedicate a minimum of 13 days a year to sitting on cases, meaning many magistrates can fulfil this crucial role easily alongside full-time employment and caring responsibilities.  

    Deputy Prime Minister, David Lammy, said: 

    Magistrates play a vital role in our court system – hearing thousands of cases across every jurisdiction and delivering justice. 

    They are everyday heroes – and we need more people of every age and background to volunteer not just to deliver justice but to serve and represent their local communities.   

    Volunteering to become a magistrate can make a real difference to your life and the lives of others – that’s why I’m calling on the public to apply and play your part.

    New research shows that 45 percent of people in England and Wales would consider volunteering in the next 12 months.

    The Ministry of Justice has launched a new call for people across England and Wales to volunteer and help deliver swifter justice for victims.   

    All magistrates are given robust training and an experienced mentor in their first year to develop their skills and legal knowledge.

    They are also supported with specialist legal advisors to allow them to deal with a range of cases. The top qualities that the Ministry of Justice and the Judiciary look for in potential candidates are good communication skills, a sense of fairness and the ability to see an argument from different sides. Candidates are being sought to fill positions across all jurisdictions including criminal work, youth cases, as well as certain civil and family proceedings.

  • PRESS RELEASE : Black cabs backed with fairer tax system [January 2026]

    PRESS RELEASE : Black cabs backed with fairer tax system [January 2026]

    The press release issued by HM Treasury on 2 January 2026.

    Today (Friday 2 January) online mini cab firms have been barred from illegitimately using a niche scheme to avoid tax.

    • Cabbies and small taxi companies to benefit as online minicab firms stopped from using niche scheme to avoid paying tax.
    • Reform announced at Budget ensures everyday cabbies can compete fairly.
    • Closure to bring in £700 million a year to help cut waiting lists, cut debt and borrowing, and cut the cost of living.

    As announced at the Budget by the Chancellor, private hire vehicle operators in London will no longer be able to use the Tour Operators Margin Scheme – a niche tax scheme designed for tour operators and holiday coach trips – to significantly reduce the VAT they pay on fares.

    This means that black cabs will no longer have to compete with online mini cab firms who are misusing this scheme to pay less VAT.

    Chancellor of the Exchequer, Rachel Reeves, said:

    We’re putting the brakes on the illegitimate use of a niche tax scheme to protect everyday cabbies. We’ll use the £700m a year this raises to deliver the country’s priorities – cutting the cost of living, cutting waiting lists and cutting debt and borrowing.

    Steve McNamara, General Secretary of the Licensed Taxi Drivers Association, said:

    The government’s decision to apply VAT to all private hire journeys is a landmark step for fairness and integrity in our industry. For too long, drivers and small operators paying the full 20% VAT have had to compete with online mini cab firms benefiting from a niche tax scheme.

    We welcome this move and commend the government for taking decisive action.

    The Tour Operator’s Margin Scheme is a specialist VAT rule designed for genuine travel and holiday businesses, allowing them to pay VAT only on the profit they make on package trips, not the full fare, typically reducing the effective VAT rate to 4%.

    First announced by the Chancellor at Budget 2025, today’s measure will prevent the small number of big companies accessing the Tour Operator’s Margin Scheme, as they have been doing.

    By supporting fairer competition, the government is protecting around £700 million in revenue, helping deliver the public’s priorities – cutting waiting lists, cutting debt and borrowing, and cutting the cost of living.

    Smaller operators outside London, where passengers book directly with drivers, and all black cabs will not be affected by this reform to the Tour Operator’s Margin Scheme.

  • PRESS RELEASE : Families to have better access to childhood vaccinations [January 2026]

    PRESS RELEASE : Families to have better access to childhood vaccinations [January 2026]

    The press release issued by the Department of Health and Social Care on 1 January 2026.

    A new £2 million pilot will see health visitors reach families facing barriers to vaccines, to ensure more children are protected.

    • Government to bring vaccines to doorsteps of families who can’t make it to the doctor
    • New pilot will reach families facing barriers like travel costs, language difficulties or vaccine hesitancy
    • £2 million pilot aims to close gap in healthcare inequalities

    Health visiting teams will offer vaccinations to children, providing a vital safety net for families who might otherwise miss out. 

    The new pilot targets families who’ve fallen through the cracks – including those not signed up with a GP, struggling with travel costs, childcare juggling, language barriers or other tough circumstances that stop them getting to the doctor. 

    By offering vaccinations during routine health visits, the pilot removes these obstacles and ensures more children can access life-saving protection. 

    Health visitors are specialist public health nurses who support families with children under five. They provide advice on healthy child development, feeding, and family health through regular home visits and clinic appointments.    

    The twelve pilot schemes will roll out from mid-January across five regions of England – London, the Midlands, North East & Yorkshire, North West, and South West – designed to boost uptake and protect children from preventable diseases. 

    While the scheme isn’t designed to replace your GP – families should continue to get vaccinated at their local surgery first – it supports families with children who’d otherwise slip through the net. 

    Health and Social Care Secretary, Wes Streeting, said:

    Every parent deserves the chance to protect their child from preventable diseases, but some families have a lot going on and that can mean they miss out.

    Health visitors are already trusted faces in communities across the country. By allowing them to offer vaccinations, we’re using the relationships and expertise that already exist to reach families who need support most.

    Fixing the NHS means tackling health inequalities head-on. By meeting families where they are, we’re not just boosting vaccination rates – we’re building a health service that works for everyone.

    The year-long trial will be evaluated before rolling it out across the country from 2027. 

    Health visitors on the pilot will get extra training to tackle tricky conversations with worried parents – including those who have doubts about vaccination – and to give vaccinations safely. 

    Struggling families will be identified by the NHS using GP records, health visitor notes and local databases. 

    The pilots form part of the commitment to ramp up vaccination programmes, with over 18 million flu vaccines delivered this autumn – hundreds of thousands more compared to this time last year – and over 60,000 more NHS staff also getting their jab. 

    The government is also investing in better digital services to help families track their child’s health and vaccinations. Through the new NHS App, parents will be able to monitor their children’s health using My Children – a 21st century digital alternative to the Red Book.

    The pilot builds on the government’s commitment to Family Hubs and Start for Life programmes, which provide vital support for families during pregnancy and the early years of a child’s life, including health visiting services and parenting support.

    From 2 January 2026, children will receive the new MMRV vaccine, protecting against measles, mumps, rubella and chickenpox in one vaccine. This replaces the current MMR vaccine, and offers protection against chickenpox for the first time while making vaccination simpler for families. 

    The government’s ‘Stay Strong. Get Vaccinated’ campaign also runs throughout the year to promote confidence in vaccination. 

  • PRESS RELEASE : Business investment boosted with new tax relief taking effect today [January 2026]

    PRESS RELEASE : Business investment boosted with new tax relief taking effect today [January 2026]

    The press release issued by HM Treasury on 1 January 2026.

    Businesses to receive boost to investment as a new first-year allowance takes effect today (Thursday 1 January), as the government continues its drive to make Britain the best place to do business.

    • Businesses to benefit from new 40% first-year allowance that supports investment and growth – effective from today, 1 January 2026
    • New relief allows businesses to save tax on new plant and machinery in first year
    • Supports UK’s position as one of the most generous and competitive capital allowances regimes in the world

    First announced by the Chancellor at Budget 2025, the government is continuing to offer greater upfront tax reliefs for businesses with a new 40% permanent first-year allowance for main-rate plant and machinery.

    This new relief follows calls from businesses to expand full expensing to more assets and businesses, and will mean businesses can deduct much of the cost of their investment in the year they make that investment, cutting their tax bill.

    Chancellor of the Exchequer, Rachel Reeves, said:

    Saving tax for businesses that are investing is key to building the confidence needed to boost growth. We are building on the UK’s capital allowance regime – one of the most generous in the world – alongside capping Corporation Tax and enabling more scale ups to attract investment to help create a tax system that supports growth.

    This will be available for assets bought for leasing and for unincorporated businesses, which do not benefit from full expensing, while preserving the current incentives to invest.

    Full expensing allows companies to claim 100% capital allowances on qualifying main rate plant and machinery investments, such as warehouses or construction equipment, which means a company can deduct the entire cost of its investment from its taxable profits in year one, so that for every pound invested its taxes are cut by up to 25p.

    The UK has one of the most generous and competitive capital allowances regimes in the world and is top of the rankings of OECD countries for plant and machinery capital allowances.

    In line with the commitments made in the 2024 Corporate Tax Roadmap, the government has maintained the parts of the UK Corporate Tax offer that are most important for attracting new investment. This includes capping Corporation Tax at 25% for the rest of this Parliament, the lowest in the G7, and the generous full expensing offer.

    Further information

    • To ensure this new relief is introduced in a fiscally sound way, at Budget the Chancellor also announced a reduction in the main rate writing-down allowance (WDA) from 18% to 14% from April this year.
  • PRESS RELEASE : More than 600 government files released under 20-year rule [December 2025]

    PRESS RELEASE : More than 600 government files released under 20-year rule [December 2025]

    The press release issued by the National Archives on 30 December 2025.

    More than 600 documents have been released by the Cabinet Office today under the 20-year rule. Most are correspondence and work on government policies during Sir Tony Blair’s Labour administration 2004-2005.

    They include a file about Kim Philby’s archive and another relating to the successful Olympics 2012 bid.

    There is material relating to the tsunami in the Indian Ocean and birthday messages to Queen Elizabeth the Queen Mother and Princess Margaret.

    Of the files, The National Archives has digitised more than 80 which are available to view on the link below. The rest of the documents are available to order and read at The National Archives in Kew, south-west London.