Rachel Reeves claims £66bn tax raid made UK ‘stronger’ November 3, 2026 Rachel Reeves has launched a defence over her two tax-heavy Budgets, claiming they enabled a “stronger fiscal buffer” and shifted the “tax system towards rewarding work”. In her first major speech since been ousted as Chancellor, Reeves said she made “difficult choices” that were “not without controversy” but defended them as helping end the UK’s [...]
Jenrick lends support to Poundland suitors November 3, 2026 Reform UK’s economic spokesman Robert Jenrick has revealed he is supporting potential bidders for discount retailer Poundland as he criticised the group’s “greedy” owner Gordon Brothers for pushing the business towards insolvency. Over the weekend, Jenrick suggested the government should intervene in the possible insolvency of Poundland, which would put some 12,000 jobs at risk, [...]
Mahmood waters down migration rules for care workers in £10bn gamble November 2, 2026 Home secretary Shabana Mahmood has watered down migration rules for care workers after backlash from Labour MPs, although high earners will benefit from faster routes to settlement in the UK. The home secretary confirmed plans to allow some entrepreneurs, scientists and workers earning above £125,141 a year to be granted settled status rights after three [...]
Labour’s stance on China prioritises ‘politeness over security’ November 2, 2026 The Labour government’s approach to relations with China prioritises “diplomatic politeness over the UK’s national security,” a cross-party committee of MPs has found. A new report by the Business, Innovation, Science and Trade Committee warned the government’s stance on the world’s second largest economy had put the UK’s security at risk. MPs agreed that the [...]
Labour races ahead of Reform and Tories with eight-point lead November 2, 2026 Labour has raced further ahead of Reform UK and the Conservatives, creating an eight-point gap in the polls in November. City AM/Freshwater Strategy polling has shown that 30 per cent of voters backed Labour, compared to 22 per cent for Reform UK and the Conservatives. The wider distance between Labour and its two main political [...]
Healey has left £49bn blackhole in Britain’s finances, claims Badenoch November 1, 2026 John Healey has left the UK with a £49bn black hole that will require substantial tax increases, Kemi Badenoch has claimed. The Conservative party leader said Labour would have to raise taxes by £,1,700 per household annually by the 2030/31 financial year to pay for unfunded spending promises. In particular, Badenoch accused the Chancellor of [...]
Labour will reduce ballooning benefits bill, claims John Healey November 1, 2026 John Healey has vowed that Labour will reduce the benefits bill, after admitting the current system is “not working”. The Chancellor created widespread confusion earlier this week, after failing to clarify whether the ballooning cost of welfare will be cut before the next election by declining to put a timeframe to it. But Healey claimed [...]
Manchester United director Glazer donates $220,000 to Trump ahead of midterms October 30, 2026 Manchester United director Edward Glazer has emerged as the leading donor to President Trump’s Republican Party among the Premier League’s sizeable American ownership contingent ahead of the US midterm elections. Glazer, whose family owns the majority of Manchester United, has donated over $220,000 to the Republican National Committee in 2026 through his Tampa Bay Buccaneers [...]
Rising welfare bill set to ‘swallow’ stealth tax revenue October 29, 2026 Rising benefit costs will “swallow” all the revenue from frozen tax thresholds that are dragging millions of workers into paying higher rates, analysis has found. The Centre for Social Justice has said that the £33bn increase in benefits spending between 2027 and 2032 will broadly match a rise in projected receipts from frozen income tax [...]
Healey’s grid pledge faces test as data centre pipeline stalls October 29, 2026 John Healey’s Budget pledge to fast-track electricity connections for British data centres faces an immediate test, as new research shows only 13 per cent of planned capacity is under construction. The Chancellor announced a new Data Centre Covenant on Wednesday, offering strategically important projects priority access to Britain’s electricity grid in exchange for commitments on [...]