Tax row erupts as Reeves tells watchdog she will break manifesto Economics The Labour government is split in a fresh tax row after Rachel Reeves reportedly told the fiscal watchdog she will raise income tax in her forthcoming Autumn Budget – a move that will break a key manifesto pledge. The Chancellor is said to have informed the Office for Budget Responsibility that an increase to income [...]
Lucy Powell becomes Labour’s deputy leader Politics Lucy Powell, the former House of Commons leader who was kicked out of the government in a ministerial reshuffle last month, has been elected Labour’s deputy leader. Powell beat education secretary Bridget Phillipson in the contest as she received 87,407 votes. Phillipson received 73,536 votes in the election, representing 46 per cent of the voter [...]
Former Home Secretary backs Phillipson for Labour deputy leader Politics Former home secretary, Alan Johnson, has endorsed education secretary, Bridget Phillipson, to become Labour’s next deputy leader, after warning that Powell could be divisive. Johnson suggested Phillipson’s rival, Lucy Powell, may not have entered the race had she not been sacked from the cabinet in last month’s major reshuffle, before warning she could “destabilise the [...]
How much should you pay to see Billie Eilish? Don’t ask St Thomas Aquinas June 21, 2025 Thomas Aquinas argued for the concept of a “just price”, but when it comes to concert tickets the correct price is the one determined by the market, says Paul Ormerod Summer is in full swing, and with it the usual round of festivals and music gigs. Alongside these, another tradition is emerging. Namely, extensive whingeing [...]
75mph gusts forecast as Christmas getaway disruption continues December 22, 2024 Winds of up to 75mph have been forecast for parts of the UK as the Christmas getaway period continues to see disruption caused by bad weather. Heathrow Airport has confirmed around 100 flights have been cancelled on Sunday and passengers are advised to check with their airline before travelling. It comes as the Met Office [...]
Is there such a thing as a ‘fair’ price? Definitely, maybe… September 11, 2024 Oasis tickets have stirred controversy, but the question of how prices are set in a market goes all the way back to Alfred Marshall and Francis Edgeworth, says Paul Ormerod The pricing of tickets for the forthcoming Oasis tour has stirred up a major controversy. This is not just on social media. Lisa Nandy, the [...]