Britain could face an exodus of wealthy people abroad if top-rate taxpayers are targeted in the Budget – as one million top-earners now pay more than two-fifths of all UK income tax, figures reveal
Last night Rachel Reeves faced fresh warnings that targeting this wealthy cohort could backfire as data shows 1.13million top-rate payers will add £124billion to Treasury coffers this year. They pay a 45 per cent rate on taxable earnings over £125,140 a year…
Rachel Reeves hints her Budget will hike National Insurance amid fears she could take £30BILLION from Brits
Rachel Reeves dropped a major hint that firms will be hit with a major tax increase in the Budget today. The Chancellor is at the centre of a major row over employers’ national insurance contributions (NICs) and whether they will…
Rachel Reeves is warned that hiking National Insurance in her Budget would force employers to freeze pay or cut jobs
The Chancellor yesterday gave the strongest hint yet that she could hike national insurance contributions for employers in the Budget in what the Tories branded ‘Labour’s jobs tax’. In a fresh blow for businesses, Rachel Reeves claimed increasing the levy on employers was not…
Free prescriptions blow after NHS crackdown on 36 conditions
Prescriptions for a range of ‘over the counter’ remedies are no longer available on the NHS after a crackdown in recent years on unnecessary spending by the service on common ailments and issues. 36 conditions no longer treated by the…
Keir Starmer signs UK up for eight more years of migrant crossings with £521m contract
Keir Starmer has been accused of signing Britain up to at least eight more years of the small boats crisis and “betraying” voters. During the election, the Prime Minister pledged to “smash the people smuggling gangs” and make it a…
Keir Starmer faces calls to sack key Cabinet member already after £1bn UK investment row
Sir Keir Starmer is facing calls to sack his Transport Secretary after she almost derailed £1 billion worth of investment in Britain. Louise Haigh last week branded P&O Ferries a “rogue operator” and called for a boycott of the shipping company after…
Keir Starmer issued blunt warning that latest ‘£18bn tax raid’ will backfire spectacularly
A Labour raid on national insurance contributions for employers would risk jobs and investment in the UK, business leaders have warned. The intervention comes after Business Secretary Jonathan Reynolds hinted the Government could hike the levy on employers in the Budget on…
Now Keir Starmer strips portraits of Gladstone, Elizabeth I and Walter Raleigh from No10
Keir Starmer has removed portraits of William Gladstone, Elizabeth I and Walter Raleigh from No10, it was revealed today. The paintings of the former PM, monarch and explorer appear to have been shifted as Sir Keir puts his own stamp on Downing…
Fury as train guards get a £300 bonus to work five days a week from trade union veteran Louise Haigh – while her allies slam Starmer’s rebuke after she almost wrecks £1bn deal for business summit
Train guards will be get a £300 bonus every time they work a five-day week under a new overtime deal signed off by Transport Secretary Louise Haigh. The agreement was struck at the end of last month to stop staff…
Budget fears mount as Cabinet minister claims Labour manifesto only promised to keep NICs on hold for workers… and bank chief warns over raid on pensions
A Cabinet minister fueled Budget fears today as he insisted Labour only promised not to hike national insurance on employees. Business Secretary Jonathan Reynolds delivered a strong hint that the levy is set to be increased for firms as he said the…