Tax, energy bills, pensions and broadband

HMRC is chasing almost £2 billion that may be owed in taxes by Britain’s wealthiest people, according to the public spending watchdog.

The National Audit Office said HMRC’s specialist unit recovered £416 million in 2015 from 6,500 high net worth individuals’ with wealth of more than £20 million. The BBC reports that efforts are ongoing to recover an estimated £1.9 billion. Energy bills Major energy suppliers have ditched controversial tariffs that denied their existing customers their cheapest prices, amid speculation over a political crackdown on the sector, The Telegraph has learnt. Four of the Big Six suppliers  – E.ON, SSE, EDF and Npower – and the leading independent supplier, First Utility, all offered their best tariffs exclusively to new customers at certain points during the last month. The practice, which saw existing customers denied savings of more than £200 a year in some cases, was widely condemned as unfair by consumer campaigners. Living wage According to The Guardian, Curzon Cinemas, the British Library and RSA Insurance have all signed up as living wage employers as the independently verified pay rate rises by nearly 4 per cent in London.