Average Northerner to be £210,000 less wealthy as Labour urged to reform taxes amid fears of autumn raid grow August 29, 2024 New analysis from the Institute for Public Policy Research (IPPR) showed that the UK's tax regime is "driving regional inequalities" by taxing wealth and income at different levels.
CBI: Roadmap needed as firms struggle amid rising wealth tax rumours August 29, 2024 Publishing a long-term tax roadmap would address the “confidence shortfall” among UK firms, the Confederation for British Industry (CBI) has urged the government, amid swirling rumours of a wealth tax. Businesses are facing “cost pressures” and “middling conditions” and in need of a “major boost to confidence”, the CBI has said, following hints from Sir [...]
UK-Germany: No post-Brexit youth mobility scheme but defence deal at ‘heart’ of treaty August 28, 2024 A new UK-Germany treaty will have a fresh defence agreement “at its heart”, Sir Keir Starmer has said, as he insisted there are no “plans” for a youth mobility scheme. The Prime Minister spoke at the German chancellery in Berlin alongside Chancellor Olaf Scholz during a press conference to announce the launch of talks for [...]
City sounds alarm over Starmer’s ‘painful’ Budget warning August 28, 2024 City figures have sounded the alarm over the Prime Minister’s warning of a “painful” Budget this autumn, urging him not to “punish risk takers” and warning against “taxing wealth creators”. Sir Keir Starmer delivered his first major address from the No10 Rose Garden on Tuesday as he cautioned that the state of the public finances [...]
Starmer to woo investors as new UK-Germany deal talks launched August 28, 2024 Sir Keir Starmer is set to woo major investors during a European trip which will see him launch negotiations for a major new UK-Germany treaty. The Prime Minister is set to meet bosses from Siemens Energy and Rheinmetall, as well as investors from Thales, Eutelsat, Mistral AI and Sanofi during visits to Berlin and Paris. [...]
Starmer’s civil service cronies set a dangerous precedent August 28, 2024 In appointing donors, yes-men and activists to senior roles, the Labour leader is undermining a cornerstone of our democracy: civil service impartiality, says James Price After years and years of criticising the Tories, Labour were meant to be different. We were told that they would be a breath of fresh air, restoring rectitude and ethical [...]
‘Painful’ Budget ahead, Keir Starmer warns in gloomy No10 speech August 27, 2024 Sir Keir Starmer has warned Brits to expect a “painful” Budget this autumn as he insisted the state of the public finances is “worse than we ever imagined”. The Prime Minister addressed the nation from the No10 Rose Garden as he cautioned voters his government’s first fiscal statement would be “short-term pain for long-term good”. [...]
Labour’s miserable mood music comes with its own risks August 27, 2024 The last time a Labour government replaced an unpopular Tory administration it did so to the sound of Things Can Only Get Better, by D:Ream. Now, 27 years later, Keir Starmer is changing the tune with a warning that “things are going to get worse.” This stark contrast will be set out in a speech [...]
Labour should not be taking inspiration from Kamala Harris August 27, 2024 Labour has a long-standing love affair with the Democrats, but while the Vice President’s plans for price controls by any other name may be popular, but they are economically illiterate, says Eliot Wilson It is hard to believe that barely a month has passed since Joe Biden announced he would not seek re-election in November [...]
UK minister urges de-escalation after Israel and Hezbollah exchange fire August 25, 2024 A major war in the Middle East is “a real danger”, a cabinet minister has warned following an escalation of hostilities between Israel and Hezbollah overnight. Early on Sunday, the Israeli military launched what it described as “pre-emptive” strikes against the militant group in southern Lebanon, saying it had detected plans to attack Israel. Hezbollah, [...]