Daily Archives: September 12, 2008

Well, more or less.

In mid-October the Counter-Terrorism bill is likely to be defeated in the House of Lords. Read more

Energy companies will pass on the cost of the £910m home improvement package announced yesterday. That much is clear from the comments of David Porter, chief executive of the Association of Electricity Producers, who said: “Whenever people impose costs on an industry, the bill to some extent always ends up with the customer.”

The new twist to this story is that the companies will be able to offset some of the expenditure against their tax bills. With corporation tax at 28 per cent, that means an effective bill of £655m rather than £910m. Read more