Moron premium back after Reeves's income tax U-turn as Chancellor risks another 'Liz Truss moment'

Taxi trade leaders push Chancellor to end TOMS tax advantage for ride-hail giants like Uber to raise extra £1billion in tax revenue

Taxi trade leaders have intensified pressure on the Treasury to close the Tour Operators Margin Scheme (TOMS) loophole that they say gives multinational ride-hail firms an economic advantage at the expense of drivers, passengers and the public purse.In a detailed letter seen by TaxiPoint to Chancellor Rachel Reeves, the Licensed Taxi Drivers’ Association (LTDA) and senior Unite representatives warn that the current situation cannot continue. The…

Moron premium back after Reeves's income tax U-turn as Chancellor risks another 'Liz Truss moment'

Proper news from Britain - News from Britain you won’t find anywhere else. Not the tosh the big media force-feed you every day!By JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Updated: 05:27 EST, 19 November 2025