One of the famous US Republicans has endorsed Kemi Badenoch as the next Conservative leader.
Florida Governor Ron DeSantis, who competed with Donald Trump for his party’s presidential nomination, said Ms Badenoch will be an “inspiration for conservatives not just in the United Kingdom, but all across the world”.
Kemi Badenoch has clinched a transatlantic endorsement
She has already won the endorsement of former Australian prime minister Tony Abbott.
Mr DeSantis said: “I’m pleased to endorse Kemi Badenoch for Conservative party leader. She and I worked on a great trade agreement between Florida and the United Kingdom.
“She has a commitment to conservative principles, she’s strong, she’s courageous and she will be an inspiration for conservatives not just in the United Kingdom, but all across the world.
“Our president Ronald Reagan once said that we need to stand for bold colours, not pale pastels. Kemi flies the flag of bold colours, just like we do in Florida, just like you will do again in the United Kingdom.”
The endorsement is a welcome boost which comes ahead of crucial votes by Tory MPs this week which will decide which two of the four leadership candidates will go on to the final stage of the leadership contest when party members cast their votes.
Last week all four contenders delivered speeches at the party conference in Birmingham.
A Badenoch campaign spokesman said: “Kemi’s speech received an incredible reception inside and outside the hall; focus groups show it went down best with the very voters we need to win back, and the speech is winning endorsements from senior Tory MPs and now the leading Republican Governor in the USA.
“It’s time for the Conservative party to get serious and think hard about how we cut through in opposition and take the fight to Labour.
“Only Kemi has the star quality to ensure people take notice, properly hold this flailing Starmer government to account, and lead us back to power.”
However, the team supporting leadership rival Tom Tugendhat has been encouraged with the endorsement of Alicia Kearns, who chaired the foreign affairs committee until the election.
She said: “The world is more dangerous than it’s ever been. We don’t just need a safe pair of hands, we need a leader who stands by their convictions, can navigate the complexities of governing, and will keep our country safe.”
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Rachel Reeves torn to shreds over latest ‘brain-dead’ tax raid to fill ‘£22bn black hole’
Chancellor Rachel Reeves has been warned she will deepen an “acute housing crisis” with “brain-dead socialist economics” if her feared tax raid forces even more landlords to flee the market.
Rachel Reeves could be waving goodbye to Britain’s landlords if more are driven more the market
Experts warn this could be the “final nail in the coffin” for the rental sector.
They say already ferocious competition for rental properties will get worse if tax hikes in the looming Budget and new red tape spur yet more landlords to sell up.
With landlords struggling in a “truly toxic environment”, the threat of higher taxes is seen as a “noose around their neck”.
The Taxpayers’ Alliance predicts the Budget will be a “horror show” and there are strong expectations that landlords will be hit with an increase in capital gains tax.
Average rents in England soared 8.5 per cent to £1,327 in the 12 months to August, and in some parts of the country there are more than 50 enquiries per available rental property.
Conservative leadership contender and former housing minister Robert Jenrick urged the Chancellor to abandon her “war” on landlords.
He said: “‘Labour’s doom and gloom has already sent city investors fleeing and hurt our economic recovery. Now Reeves’s plan to hike capital gains tax is seeing landlords head for the nearest exit.
“It’s hard-working renters who will be clobbered by this brain-dead socialist economics. Reeves must end the war on small landlords, which has proven to be so counter-productive for renters.
“It’s time to bring back mortgage interest relief for smaller landlords.”
There is also anxiety in Labour circles that elderly people who use incomes from rental properties to fund their retirement will be left worse off.
One MP said: “What I’m really concerned with is it seems the Chancellor is more interested in going after people who play by the rules and pay their taxes rather than the big corporations who use all sorts of loopholes, lawyers and accountants not to pay their tax.”
Shilpa Bathija of estate agents Winkworth said they were “inundated with landlords who want to sell” because of possible hikes in capital gains and inheritance tax.
She said: “It has left landlords with a noose around their neck on their investments.”
One landlord, who wanted to remain anonymous, has decided to sell up after it took nine months to evict a problem tenant from his south east London house. He also fears an increase in capital gains tax would leave him out of pocket.
“I must be one of thousands getting out,” he said, adding: “If they drive private landlords out of the market they are going to turn it from a difficult housing situation into a crisis. There is going to be a chronic shortage of housing.”
Maxwell Marlow of the Adam Smith Institute urged the Chancellor not to increase capital gains tax, saying: “The acute housing crisis, especially in the rental sector will be made even worse by this shrinking of the rental stock and ever-higher demand by tenants.”
And John Longworth, chairman of the Independent Business Network, warned that a hike in taxes would “destroy people’s futures,” warning that landlords “may see it as the final nail in the coffin”.
Lord Mackinlay, a Conservative peer and accountant, is not surprised landlords are saying “enough is enough”.
Labour’s Renters’ Rights Bill, he claimed, restricts the “fundamental right of ownership”. He said that when combined with “unnecessarily high interest rates” this creates a “truly toxic environment”.
Treasury sources are clear that “difficult decisions lie ahead on spending, welfare and tax”.
A UK Government spokesperson said: “We do not comment on speculation around tax changes outside of fiscal events.”
Professor Patrick Minford, who came to prominence as a champion of Margaret Thatcher’s economic policies, urged the Chancellor to abandon plans for “taxes on the rich” which would hurt entrepreneurs.
He said: “All and any of these are guaranteed to abort growth recovery.”