IFS warns of ‘more to come’ and a ‘decade of higher taxes’ after £40bn Budget tax raid: Think-tank says incomes are set to be hammered as it accuses Chancellor of ‘silly games’ and predicts she will bow to Labour demands for even bigger spending_Nhy
The respected IFS think-tank gave a damning assessment of Rachel Reeves‘ huge Budget tax and spend bonanza today. Director Paul Johnson said the extraordinary package unveiled yesterday had made the state bigger, predicting it would not shrink again amid a ‘decade of higher…
The hidden landmines in Labour’s Budget that could blow up YOUR finances: From a stealth raid on savers to fears of a hike in mortgage rates, how investors and homeowners could be clobbered_Nhy
It’s the day after the Halloween Budget – and the impacts of Labour‘s £40billion tax bomb are becoming scarily clear… The most Left-wing Budget for decades saw Rachel Reeves push taxes to their highest level in history, a seismic shift that will touch every person…
Anger as Labour launches multi-billion pound raid on holidaymakers with stealth levy on air fares_Nhy
Rachel Reeves yesterday launched a multi-billion pound raid on holidaymakers with inflation-busting hikes in flying taxes. The Chancellor announced an increase of 15 per cent in Air Passenger Duty (APD) on economy seats to European hotspots such as Spain, Greece, Portugal and Italy. The…
Labour’s tax bomb leaves Britons £300 worse off: UK faces highest tax burden ever, businesses are battered by the Budget, wages will fall and inflation will rise_Nhy
Britain’s growth prospects took a dive last night after Rachel Reeves’ £40 billion tax bomb. In the most Left-wing Budget for decades, the Chancellor pushed taxes to their highest level in history and relaxed government borrowing rules to finance a…
Rachel Reeves unveils £3bn Budget boost for defence – spending will actually FALL in real terms next year_Nhy
Defence spending will actually fall in real terms next year – despite Rachel Reeves announcing a £2.9billion increase. In her Budget speech, the Chancellor said the extra cash would take Britain towards its goal of spending 2.5 per cent of GDP on defence. But…
Town halls due to foot the bill for Labour’s ‘significant savings’ on asylum costs_Nhy
Forecast savings on the asylum system were dismissed as a ‘con’ last night as Labour was accused of planning to shift the cost on to town halls. The Treasury said it would generate ‘significant savings’ by cancelling the Rwanda plan and speeding…
How Labour’s inheritance tax hike for farmers could spell the end of family farming_Nhy
Family and tenant farmers were last night left fearing their businesses may not survive Labour’s ‘disastrous’ decision to scrap their inheritance tax relief. Industry leaders accused the Government of breaking ‘clear promises’ not to tamper with exemptions for agricultural property….
Man sucker-punched by Labour MP Mike Amesbury breaks his silence as he is seen for the first time since attack_Nhy
The constituent sucker punched to the ground by Labour MP Mike Amesbury broke his silence as he was seen for the first time since the attack today – and confirmed he has spoken to police. Paul Fellows, 42, left his…
Backlash over Budget plan to increase National Living Wage to more than £12 per hour for millions: Warning over impact on firms as Chancellor Rachel prepares 6% hike alongside tax rises_Nhy
Rachel Reeves is facing a backlash against plans to hike the National Living Wage to more than £12 per hour while also putting up taxes for businesses, over fears it could send some to the wall. In a move expected to…
Labour’s ‘perfect storm’ Budget TODAY: Chancellor set to drop £35bn ‘tax bomb’ raiding middle class and businesses for splurge on public sector pay and services – as jittery markets force up interest rates on government debt mountain_Nhy
Rachel Reeves will deliver a massive £35billion ‘tax bomb’ Budget that could define the Labour government today. The Chancellor is briefing the Cabinet as she prepares to mount one of the biggest raids in history in the Commons at 12.30pm. Businesses have warned…