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Politics

  • General Election 2019: Labour ‘pretending’ only richest will fund its £83bn spending spree

    November 21, 2019

    Labour’s has been criticised for “pretending” it can fund the bulk of its £83bn spending spree by raising taxes for the only the richest five per cent of the country. Revealing his party manifesto this morning Jeremy Corbyn pledged that the vast majority of British taxpayers would be unaffected by Labour’s plans, which include widespread [...]

  • Hey, big spenders: Conservatives rake in cash during first week of election campaign

    November 21, 2019

    Conservatives have raked in more than £5.6m in party donations during the first week of the election campaign, Electoral Commission data has revealed. The Labour party meanwhile scraped together just £218,500 – meaning that the Tories received £25 for every £1 sent to Jeremy Corbyn and co. Even the Liberal Democrats and Brexit Party out-fundraised [...]

  • National insurance payment cut to mostly benefit middle and higher-earners, says IFS

    November 21, 2019

    Prime Minister Boris Johnson’s plans to raise the national insurance contribution (NIC) threshold would mostly benefit middle and higher-income households, the Institute for Fiscal Studies (IFS) has said. The Conservatives intend to raise the point at which workers pay national insurance to £9,500 in 2020/21 from its currently-planned level of £8,788. The party also intends [...]

  • General Election 2019: City urges rethink over Labour’s ‘hostile’ manifesto

    November 21, 2019

    City figures have urged Labour to reconsider its combative position towards business and the City after Jeremy Corbyn revelled in the “hostility” his new manifesto would bring. Corbyn unveiled his “radical” vision for a Labour government this morning, with a document setting out the details of how the party would pay for its spending spree, [...]

  • Labour’s ‘self-destructive’ manifesto will drive billions away from UK, business groups warn

    November 21, 2019

    Labour’s “self-destructive” manifesto will drive billions out of the UK, leaving everyone in the country poorer, business groups, lawyers and think tanks have warned. Jeremy Corbyn unveiled his “radical” vision for how a Labour government would tackle inequalities in Birmingham earlier today. Among the changes revealed in the manifesto in order to fund £83bn of [...]

  • Labour manifesto: Capital gains tax hike to fund £83bn spending spree

    November 21, 2019

    Jeremy Corbyn is planning a raid on the UK’s higher earners as part of plans to fund its commitment for nearly £83bn on day-to-day spending, the Labour manifesto revealed today. In what Corbyn dubbed a “radical” manifesto, launched in Birmingham today, he revealed that a Labour government would change how capital is taxed, bringing it [...]

  • Former Scottish First Minister Alex Salmond appears in court to face attempted rape charges

    November 21, 2019

    Former Scotland First Minister Alex Salmond has appeared in court this morning to face 14 sexual assault charges against 10 women. Among the charges read out in the preliminary hearing is an allegation that the former SNP leader tried to rape a woman at his official First Minister residence. Read more: Alex Salmond charged with [...]

  • General Election 2019: Conservatives go head-to-head with Labour on housing

    November 21, 2019

    The Conservatives are hoping to take Labour head-on with a series of pledges designed to tackle the housing crisis. Jeremy Corbyn will today unveil a flagship policy that includes plans 100,000 council homes a year by the end of the five-year term, an increase of more than 3,500 per cent. Read more: Sadiq Khan to miss his [...]

  • UK government borrowing jumps in October ahead of post-election splurge

    November 21, 2019

    The UK government borrowed much more than expected last month, official figures have shown, with October borrowing hitting its highest in five years. The increase in borrowing comes even before one of the two main parties has had a chance to carry out large spending increases following the General Election on 12 October. Read more: [...]

  • General Election 2019: Conservatives rule out resurrecting dementia tax

    November 21, 2019

    The Conservatives have ruled out resurrecting the so-called dementia tax in the party’s new manifesto, after the controversial policy effectively torpedoed Theresa May’s campaign. Health secretary Matt Hancock said the country needs a “long-term solution for social care that rises above party politics”, acknowleding that successive governments have failed to get to grips with the [...]

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