Hedge fund managers could buy land, MPs told, as Tories fail to scrap ‘farm tax’ December 4, 2024 Hedge fund managers could buy up farmland if UK farmers sell up to avoid the inheritance levy, MPs were told, as the Tories brought a vote on the so-called ‘family farms tax’. Conservative MPs used an opposition day debate on Wednesday to bring a Commons vote on Labour’s Budget measure which would see farmers pay [...]
PMQs: Reeves ‘coming back for more’ in next Budget, Badenoch warns December 4, 2024 Chancellor Rachel Reeves will be “coming back for more” borrowing and further tax rises in her next Budget, according to Tory leader Kemi Badenoch. During a feisty PMQs the Conservative leader railed against the Prime Minister who she said “failed to repeat the Chancellor’s pledge of no more borrowing and no more taxes”. After referencing [...]
Changing tune: Now Reeves refuses to rule out future tax rises December 3, 2024 Rachel Reeves has repeatedly declined to guarantee that there will be no more borrowing or tax rises following her first Budget, despite being pressed by MPs on her previous pledge. Speaking at the Confederation of British Industry (CBI) conference in November, the Chancellor sought to reassure business leaders that there would be no repeat of [...]
GB Energy given five years to turn a profit November 20, 2024 The boss of Great British Energy has been given a five-year target for Labour’s flagship state-owned energy company to become “profitable”, MPs have been told. Juergen Maier, who was appointed chairman of GB Energy in June, was asked at the Commons energy security and net zero committee whether he had a timeline on profitability. He [...]
Housing crisis ‘hampers growth’ but minister vows 1.5m target on track November 20, 2024 The UK’s housing crisis “hampers economic growth and productivity”, the housing minister has said, as he insisted the target of 1.5m new homes can be achieved. Labour pledged in its manifesto ahead of the election to deliver the 1.5m net additional dwellings over the course of the Parliament, ending in 2029. It came in response [...]
Former MP describes ‘enormous guilt’ over Westminster honeypot scandal November 16, 2024 Former MP William Wragg has described the feeling of “enormous guilt” that washed over him as he realised he had fallen victim to a sophisticated scam designed to target politicians in Westminster. A police probe began in April earlier this year after it was suggested at least 12 men with links to Westminster had received [...]
Tories concerned about overreach in new Labour Football Governance Bill November 13, 2024 The Conservatives issued a caution against potential overreach of the Independent Football Regulator on Wednesday as the Football Governance Bill returned to Westminster. Initially introduced into the House of Commons by the Tories, the second reading of an altered bill was introduced in the Lords on Wednesday by the Labour government. But in the opposition’s [...]
Column: The challenges facing Kemi Badenoch… November 6, 2024 Politicians, the public often decry, lack real-world experience. Whether it be running a business, working in healthcare, serving in the armed forces, anything that demonstrates their ‘feet on the ground’ credentials is a plus. It covers parents too. Just look at Keir Starmer’s oft-touted “toolmaker father”; Rishi Sunak, the “son of a pharmacist; and even [...]
Budget 2024: Why the post-match politics are risky for Labour October 31, 2024 After months of speculation, Rachel Reeves has finally unveiled Labour’s first Budget in power. Coming in the wake of 14 years in opposition, this big tax and spend – and borrow – document is very much an ideological project, with the NHS, schools and low-paid workers among the big winners. The Chancellor may have ditched [...]
Post Office: MPs to hold inquiry into compensation ‘unfinished business’ October 31, 2024 MPs are set to launch an inquiry into the “unfinished business” of financial redress for victims of the Post Office Horizon scandal. The business and trade committee will hold a short probe focused on “fast and fair redress” for those affected by what has been dubbed the biggest miscarriage of justice in UK history. It [...]