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A capital receipts tax would be more progressive, IPPR says
Inheritance tax ‘obsolete’

By politics.co.uk staff Chancellor George Osborne should abandon inheritance tax altogether, a thinktank has argued. The Institute for Public Policy Research (IPPR) suggested it should be replaced with a new capital receipts tax targeting gifts to individuals of over £150,000 in a report published today. The shift would be more progressive because the tax rate… Read more »

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Britain's airports have struggled to cope with recent snowy weather
Ministers hint at airport disruption clampdown

By politics.co.uk staff The government could overhaul airport regulation following recent travel chaos. Ministers suggested they were determined to prepare reforms of the way Britain’s airports are controlled, with fines possible for firms like BAA. The run-up to Christmas was dominated by headlines about travel disruption following the decision to close Heathrow, the country’s largest… Read more »