Exclusive: Pensioners should get stamp duty break if they downsize home, house-buyers’ group says July 25, 2022 To ease the housing crisis, pensioners may be pushed into downsizing their homes and getting a tax break on stamp duty in return. The National Association of Property Buyers (NAPB) said the incentive would free up supply of housing and cool house prices, while also redoing the need for equity release. This comes after the [...]
Starmer vows there will be ‘no magic money tree economics’ with Labour July 25, 2022 Sir Keir Starmer has promised there will be “no magic money tree economics” with a Labour government as he vows to deliver “sound finances”. Starmer said in a setpiece speech in Liverpool that he would not be bound to the “nostalgic” thinking that government should direct business activity and that “modern industrial strategy is not [...]
Tonight at 9pm: Liz Truss and Rishi Sunak will go head to head on live TV in BBC debate July 25, 2022 Tory leadership hopefuls Rishi Sunak and Liz Truss will go head-to-head in a TV debate after the battle to become the next prime minister became toxic with the two rival camps clashing over immigration, China and the economy. The BBC debate at 9pm comes after a weekend that saw allies of the two Tory leadership [...]
‘For f*** sake!’: Liz Truss-supporting Nadine Dorries mocks Rishi Sunak over expensive £3,500 Herbert suit and Prada shoes July 25, 2022 Former Chancellor and Tory leadership frontrunner Rishi Sunak was today mocked over his expensive taste in clothing. The sneer came from Culture Secretary Nadine Dorries. Dorries, a supporter of Sunak’s leadership rival Liz Truss, pointed to reports that the millionaire former chancellor has been pictured wearing a £3,500 suit and £490 Prada shoes. She said [...]
Truss and Sunak have gone astray as they fight for Thatcher’s legacy July 25, 2022 Liz Truss and Rishi Sunak will be glad the hottest day of the heatwave is over, because for the Conservative party it will be a long summer of heavy slog. As the final two candidates battle it out to claim the leadership they will criss-cross the UK for hustings in front of party members before [...]
Sunak calls China ‘number one threat’ as Truss doubts his hawk credentials July 24, 2022 Rishi Sunak has today claimed China is the “largest threat to Britain and the world’s security” in a bid to polish his foreign policy credentials. The Tory leadership candidate said “enough is enough” of Beijing’s efforts to undermine democracy and steal overseas intellectual property, adding “I will stop China taking over our universities, and get [...]
Holidaymakers face another day of gridlock at Dover Eurotunnel July 24, 2022 British holidaymakers trying to drive to France are facing another day of gridlock in the lead up to the Dover Eurotunnel amid warnings that this could be the new normal. Drivers have been forced to wait hours in queue again, with traffic snaking back to the M20 in Folkestone, Kent. The UK government is blaming [...]
HS2 is a ‘killer whale’ for next PM, says cabinet minister July 24, 2022 The HS2 rail project will be a “killer whale” for the next UK Prime Minister and “could “rip the arm” off their administration, according to Cabinet Office minister Kit Malthouse. Malthouse urged Rishi Sunak and Liz Truss to ensure “we’ve got the risk assessed properly” on the near £100bn high speed rail line that will [...]
Hard-line immigration policy will ‘stifle’ growth in the capital, London firms warn Truss and Sunak July 24, 2022 A hard-line immigration policy risks tightening the labour market further and choking off economic growth in the capital, a top London business body has warned Tory leadership contenders.
Tory contender Rishi Sunak backs insulation over heat pumps as winter crisis looms July 24, 2022 Sunak has hinted that he will prioritise insulation for low-income households over new technologies such as heat pumps this winter.