Healey plans £1bn crackdown on online marketplaces to fund retail tax breaks

Chancellor John Healey is reportedly planning a tax crackdown on online marketplaces such as Amazon, eBay and Temu, which could raise up to £1bn to fund tax cuts for high street retailers. The move, expected in the Budget later this month, targets overseas sellers that avoid paying VAT, while business leaders and bookmakers have urged Healey to reform business rates and avoid further tax raids.