Stamp duty holiday: Chancellor confirms immediate property tax changes July 8, 2020 The chancellor has confirmed an immediate stamp duty holiday in a bid to reinvigorate the housing market after the coronavirus lockdown. Speaking in the House of Commons this afternoon, Rishi Sunak said the threshold for paying stamp duty will be raised from £125,000 to £500,000. The chancellor said the stamp duty holiday, which will run [...]
Stamp duty holiday ‘could be implemented immediately’ July 8, 2020 The chancellor is expected to announce this afternoon that a stamp duty holiday will come into force immediately, rather than delaying the change until autumn. Rishi Sunak is expected to raise the threshold for paying stamp duty from £125,000 to £500,000 as he outlines measures to help the UK economy recover from the coronavirus crisis. [...]
Stamp duty holiday: What does it mean for the UK housing market? July 7, 2020 In a “mini-budget” spring statement tomorrow chancellor Rishi Sunak is expected to announce a range of measures to boost the economy which has been ravaged by the coronavirus crisis. As part of the package the chancellor is reportedly planning to cut stamp duty for properties worth up to £500,000 in a bid to reinvigorate the [...]
BBC announces 450 job cuts and axes Inside Out July 2, 2020 The BBC has announced it will slash 450 jobs from its BBC News England team and will axe its long-running Inside Out show as part of plans to shore up an extra £25m by 2022. The BBC today said it would cut roughly 15 per cent of its BBC England team, as the broadcaster seeks [...]
Intu ready to call in the administrators as funding talks fail June 26, 2020 Intu said it is set to call in administrators today after cliff-edge negotiations with lenders failed to secure its future. The retail landlord said “unfortunately, insufficient alignment and agreement has been achieved” with key creditors on a standstill on loan repayments, ahead of its debt waiver period expiring at midnight tonight. Intu was already suffering [...]
Boxpark chief: Rent crisis could be disastrous for London hospitality June 24, 2020 On a normal, pre-lockdown night just a short walk from Liverpool Street, Boxpark Shoreditch would usually be buzzing with small retailers and rooftop bars packed full. As anybody who has walked through the area recently will know, though, an eerie silence has fallen on that particular corner of Shoreditch – just as it has at [...]
BBC to show more repeats amid “tough period” for the broadcaster June 16, 2020 The BBC has said it will show more repeats over the summer and output will be “thinner” over the next year after the coronavirus pandemic forced the broadcaster to scrap its filming schedule. Speaking to ministers at the Department for Digital, Culture, Media and Sport (DCMS) select committee hearing today, senior executives said the BBC [...]
MPs set to vote on parliament return after virtual proceedings June 2, 2020 MPs are set to vote on whether to drop virtual proceedings in the House of Commons amidst growing opposition to the changes. Westminster returns today after a recess, with House of Commons leader Jacob Rees-Mogg tabling a motion that would bring to an end the hybrid parliament of the past two months. This would mean [...]
Governors call on ministers to drop plans to bring back all primary school children before summer holidays May 31, 2020 School governors have called on the government to drop its plans for all primary school children to return to school before the summer holidays, a day before some pupils are due to return. At the moment, the government’s intention is that all primary school age students will return for the final four weeks of term [...]
Sir Patrick McLoughlin appointed as Visit Britain chairman May 26, 2020 Former Conservative Party chairman and transport secretary Sir Patrick McLoughlin has been appointed as chair of the British Tourist Authority. McLoughlin, who was MP from Derbyshire Dales between 1986 and 2019, will chair the Visit Britain tourism board for three years from 1 June, it was announced this morning. He was government chief whip from [...]