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      Labour mansion tax raid to hit homes worth £1.5m

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Politics

  • Sadiq Khan is yet to meet half of his 2023 housing target

    February 11, 2021

    Sadiq Khan has started less than half of the affordable houses he promised to build by 2023, new figures have revealed. Khan was given £4.82bn in 2016 by central government to build 116,000 affordable homes by 2022, however figures from the Greater London Authority show City Hall has only begun 56,239 as of December. The [...]

  • Tory MPs urge Prime Minister not to ‘backslide’ as he hesitates over lockdown exit date

    February 11, 2021

    Senior Tory MPs have urged Boris Johnson not to “backslide” on commitments to provide an exit strategy from lockdown measures on 22 February, after the Prime Minister hesitated on a firm date for reopening schools. The PM has repeatedly stated he will provide a “roadmap” on 22 February outlining the government’s plans for exiting England’s [...]

  • Hotel quarantine: What do the new rules mean for arrivals travelling to London?

    February 11, 2021

    Hotel quarantine: What do the new rules mean for arrivals travelling to the UK border?

  • Health secretary urges patience on summer holidays after booking his own trip

    February 11, 2021

    The health secretary has urged people not to book summer holidays until there is further clarity over lockdown restrictions, despite booking his own trip to Cornwall. Asked if people should be booking vacations after the Prime Minister urged people to hold off on plans, Matt Hancock said this morning: “I do understand, of course, the yearning [...]

  • UK unveils new £20m fund for British businesses facing Brexit disruption

    February 11, 2021

    The UK has today announced a new £20m fund for British SMEs facing post-Brexit disruption. The grants will see SMEs that trade with the EU eligible for grants of up to £2,000 each to “pay for practical support including training and professional advice”. Cabinet Office Minister Michael Gove today told MPs that some issues facing [...]

  • Exclusive: Hong Kong refugee activists on the UK’s new visa scheme

    February 11, 2021

    The UK’s visa program for British national overseas passport holders is generally seen in Hong Kong as a “last resort” for those who wish to flee Beijing’s new National Security Law, but the program should be extended to youngsters, multiple activists in exile have told City A.M. Baggio Leung, a former Hong Kong legislator and [...]

  • Boris Johnson: People will need booster jabs every year for Covid mutations

    February 10, 2021

    The most vulnerable members of the population will likely need booster jabs especially suited to Covid mutations “every year”, the Prime Minister has said. Speaking at a Downing Street press conference, Boris Johnson said: “As new variants appear, it will be more useful than ever to have vaccines that combat all variants. “I think we [...]

  • Exclusive: Brexit hit to London may top £9.5bn a year without EU financial services deal

    February 10, 2021

    As the heart of the UK's service sector economy, London is in line to lose up to £9.9bn a year if a post-Brexit deal on financial services doesn't protect the City, new research out this morning finds.

  • UK property developers hit with new taxes to pay for unsafe cladding removal post-Grenfell

    February 10, 2021

    Shares in major UK property developers have fallen this afternoon, after an announcement that they will be hit with new taxes to pay for the government’s unsafe cladding removal scheme. Housing secretary Robert Jenrick today announced two new taxes on UK property developers to help pay for the government’s efforts to remove unsafe cladding from [...]

  • Boris Johnson tells firms to ‘wait for Budget’ for verdict on business rates holiday extension

    February 10, 2021

    Boris Johnson has said there will be no announcement on a potential extension to the business rates holiday until the 3 March Budget. The Prime Minister told MPs today that the “government is committed to supporting businesses and people’s livelihoods throughout the pandemic” and that UK businesses should “wait for the chancellor’s Budget to explain [...]

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