Simon Clarke, chief sec to Treasury, said today that pre-Budget announcements have not included market-sensitive information... hansard.parliament.uk/commons/2021-1… Image
...and that Treasury had observed all the proprieties set out in the @nickmacpherson2 review... Image
@nickmacpherson2 The Macpherson review recommended a ban on the pre-release of the “core of the Budget”, including tax reliefs Image
But this Treasury release I tweeted yesterday includes two references to tax reliefs
The release goes on to announce two ways of making it easier to qualify for tonnage tax regime, which I am told is a form of tax relief Image
But is it not also market-sensitive information for the shipping companies that may benefit?
Link to the 2013 Macpherson review is here assets.publishing.service.gov.uk/government/upl… Image

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More from @JohnRentoul

28 Oct
Angela Rayner apologises for her “scum” comment. This shows real leadership
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Effect of universal credit changes (dark blue) vs £20-a-week uplift (light blue); poor (left) to rich (right) resolutionfoundation.org/app/uploads/20… Image
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Sunak starts by saying he has listened v carefully to the speaker and deputy Image
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Soon-to-be-forgotten #PMQs about to kick off Image
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Leader of the opposition is isolating, Speaker says, so Ed Miliband is called Image
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29 Jul
The fascination of ‘what ifs’: Could the last election have turned out differently? @indypremium independent.co.uk/independentpre…
@indypremium Based on brilliant chapter by @philipjcowley in book of historical counterfactuals ed @DuncanBrack & @IainDale, which includes this nugget
And this debunking of a favourite Corbynite counterfactual independent.co.uk/independentpre…
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Theresa May went proper anti-lockdown re international travel while I wasn't watching the Commons
One year on we are no further forward ... Global Britain, shut for business: we've gone backwards
"We now have over 50% of the adult pop vaccinated yet we are more restricted on travel than we were last year"
Read 8 tweets

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