Brexit: Barclay denies UK wants ‘Swiss-style’ relationship with EU November 20, 2022 A senior cabinet minister has denied reports the UK wants a closer “Swiss-style” relationship with the EU post-Brexit. Health secretary Steve Barclay has said he doesn’t “recognise” the proposal and that chancellor Jeremy Hunt outlined “our determination to maximise post-Brexit opportunities in pro-growth areas” during his autumn statement on Thursday. The Sunday Times reported today [...]
Hunt targets highest earners in tax grab as chancellor raises £55bn November 17, 2022 The UK’s highest earners have been targeted as a part of Jeremy Hunt’s tax grab, with the top 45p threshold of Income Tax slashed. The top tax bracket has been reduced from £150,000 to £125,140, while he has also frozen the Income Tax thresholds for the two lower brackets in a stealth hike. Hunt announced [...]
Reeves says UK in ‘doom loop’ and being ‘held back’ as Hunt hikes taxes November 17, 2022 Rachel Reeves has described the UK as being in an economic “doom loop” as she hits out at the government’s newly announced tax hikes. Labour’s shadow chancellor said the “mess we are in is the result of 12 weeks of Conservative chaos, but also 12 years of Conservaitve economic failure”. Chancellor Jeremy Hunt announced public [...]
Sunak says he ‘supported’ landmark Biden and Xi meeting at G20 November 17, 2022 Rishi Sunak has said he supported a landmark meeting between Joe Biden and Xi Jinping at the G20 summit as he signals his intention for a more collaborative relationship with Beijing. The Prime Minister said “China poses significant challenges to our values and to our interests and indeed our economic security”, but that “it is [...]
The taxman cometh: Hunt to deliver toughest Budget in years today November 17, 2022 Jeremy Hunt will launch a vicious round of tax hikes and spending cuts today as he vows to “deliver strong public finances”. The chancellor tonight said “families across Britain make sacrifices every day to live within their means” and that “so too must governments” as he prepared to lay the ground for a second round [...]
Hunt to stare down Tory backlash as he hikes taxes across the board November 16, 2022 Jeremy Hunt will have to stare down a potential Tory backbench rebellion as he delivers his tax-hiking fiscal statement tomorrow. The chancellor has warned that the mixture of spending cuts and tax rises is necessary to restore economic credibility, however they may well dent his own credibility in the Tory party. There are already rumblings [...]
Cleverly ‘not rushing to judgement’ on Poland missile strike November 16, 2022 The UK’s foreign secretary is “not rushing to judgement” on the cause of the missile that killed two people in Poland last night, after Nato’s chief said it was likely an accidental Ukrainian strike. James Cleverly told MPs today that the UK will help Polish authorities “lead the investigation to establish exactly what happened”. Nato [...]
Sunak and Biden didn’t discuss post-Brexit UK-US trade deal at G20 November 16, 2022 The shelved post-Brexit UK-US trade deal was not even on the agenda when Rishi Sunak and Joe Biden met today, the British Prime Minister has revealed. Sunak said after his meeting with Biden at the G20 in Indonesia that the pair spoke about the UK-US “economic partnership”, but the state of trade negotiations was not [...]
MPs and peers urge Sunak to sanction pro-Beijing Hong Kong officials November 15, 2022 Rishi Sunak must slap sanctions on pro-Beijing Hong Kong officials for alleged human rights abuses, a group of cross-party MPs and peers has said. The All Parliamentary Party Group (APPG) on Hong Kong today said the British government should financially sanction Hong Kong chief executive John Lee Ka-chiu, ex-chief executive Carrie Lam and other senior [...]
Hunt says council tax hikes coming in Thursday’s fiscal statement November 15, 2022 Jeremy Hunt has said he will hike council tax on Thursday, with the increase set to help pay for social care. The chancellor told MPs today that he will “be asking people who have more, to contribute even more” and that this “will be reflected in our decisions on council tax”. Thursday’s statement will have [...]
