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      Wealthy Brits fear Burnham tax consequences

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Politics

  • EU migrant crisis: European leaders agree deal with Turkey to help stem the flow of migrants

    March 18, 2016

    European leaders and Turkey have come to an agreement to help stem the flow of migrants into Europe, President of the European Council Donald Tusk has confirmed. Czech Prime Minister Bohuslav Sobotka also announced the deal on Twitter: "Agreement with Turkey approved. All illegal migrants who arrive to Greece from Turkey starting 20 March will be returned!"  [...]

  • Budget 2016: Government committed to disability benefit cuts as chancellor George Osborne faces potential backbench Conservative rebellion

    March 18, 2016

    Number 10 has said it "remains committed" to cutting disability benefits this parliament, despite the prospect of a backbench rebellion over the issue.  ​The backbench Tories claim they have the numbers to overcome the government's plans over personal independent payment changes, according to reports. Education secretary Nicky Morgan had suggested that the government would climbdown on the proposal [...]

  • EU referendum: Brexit would be as bad for families as the financial crisis, London School of Economics warns

    March 18, 2016

    Family incomes could be hit by up to £6,400 – a decline in UK GDP equivalent to the 2008 financial crisis – if the UK votes for a Brexit, according to research released today. The effect of reduced trade and productivity would result in UK incomes falling by between 6.3 per cent and 9.5 per cent, or [...]

  • MP Simon Danczuk has to pay back over £11,000 after “error” in expenses claims

    March 18, 2016

    MP Simon Danczuk is going to have to pay back over £11,000 after wrongly claiming money. The MP had claimed money for the cost of his children living in London, sparking local Liberal Democrats to ask the police to check if he had wrongly claimed the money. Now the Independent Parliamentary Standards Authority has ordered Danczuk [...]

  • US Presidential Election 2016: Senator Bernie Sanders slams calls for him to drop out of Democrat nomination race

    March 18, 2016

    Senator Bernie Sanders has branded calls for him to drop out of the Democrat nomination race "absurd" amid claims President Barack Obama issued a rallying cry to the party to back Hillary Clinton. Obama told a group of Democrat donors last week that Sanders is coming to the point where his campaign to become the [...]

  • Scottish National Party MSP John Swinney calls for Scottish chancellor after devolved powers are introduced

    March 18, 2016

    Scotland could need a its own chancellor when further revenue raising powers are devolved to Holyrood, Scottish National Party's John Swinney has said. The deputy first minister said that Scotland could need a dedicated tax minister to oversee the new powers. Swinney, who is current the cabinet secretary for finance, constitution and the economy, said [...]

  • EU referendum: Hargreaves Lansdown boss Peter Hargreaves backs Brexit

    March 18, 2016

    Hargreaves Lansdown founder Peter Hargreaves has said he backs the UK leaving the European Union, the latest City bigwig to come out in support of Brexit.  Hargreaves, who founded the Bristol-based finance firm in 1981, told the BBC a "fresh start" would help the country become more innovative.  "I'm firmly convinced, that day – hopefully – [...]

  • US Presidential Election 2016: Do Donald Trump’s economic policies stack up?

    March 18, 2016

    High profile attacks on Mexicans, Muslims, China and the disabled – and sheer disbelief that he could actually become President – have obscured Donald Trump’s economic policy programme. As he stokes up the prospect of more hostility and continues to criticise immigrants, observers could be forgiven for thinking he doesn’t even have one. But his unashamedly reactionary campaign [...]

  • A third of government’s major infrastructure projects at risk of never being achieving, MPs warn, a merger between authorities means nobody is there to be critical

    March 18, 2016

    Around a third of government's major infrastructure projects are at risk of never being realised, MPs have warned today. A report by the Public Accounts Committee (PAC) highlights that the Major Projects Authority, which merged with Infrastructure UK at the start of the year to become the Infrastructure and Projects Authority, had rated 34 per cent of government's [...]

  • Prime Minister David Cameron receives EU support to abolish the tampon tax

    March 17, 2016

    Prime Minister David Cameron has secured the support of other EU leaders to pave the way for the UK to abolish the so-called "tampon tax", according to officials. A deal between the UK and the EU would give the government flexibility to remove the current five per cent VAT rate on sanitary products, replacing it [...]

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