Category Archives: Politics

Rachel Reeves ‘missed opportunity’ to raise £900m from online casinos

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Labour’s links to gambling industry questioned again after decision not to raise tax rate for online gaming

Rachel Reeves has been criticised over a “missed opportunity” to raise £900m from online casinos in her first budget as chancellor, amid concerns about the Labour party’s ties to the £11bn-a-year gambling sector.

Both the Liberal Democrats and Derek Webb – one of Labour’s largest donors – questioned the chancellor’s rejection of proposals to double remote gaming duty (RGD), levied on online games of chance, from 21% to 42%.

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Covid bereaved angered by Badenoch’s ‘insulting’ Partygate remarks

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Families group calls Tory leader ‘deeply misguided’ after telling BBC that Boris Johnson-era scandal was ‘overblown’

Families bereaved by the Covid pandemic say they feel insulted by Kemi Badenoch’s claim that the Partygate scandal was “overblown”.

The new Conservative party leader also told the BBC that Boris Johnson had fallen into a “trap” of breaking lockdown rules that should never have been introduced.

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Kemi Badenoch says Partygate scandal was ‘overblown’

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New Tory leader calls Boris Johnson a ‘great prime minister’ who fell into a ‘trap’ over Covid rules

The new Conservative leader, Kemi Badenoch, has said the Partygate scandal was “overblown” as she rejected the need to “churn over” everything that went wrong with previous Tory prime ministers.

Badenoch won the party leadership on Saturday and said she was going to be “honest” about what went wrong in the party under her predecessors.

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King and Prince William’s estates ‘making millions from charities and public services’

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Duchies of Cornwall and Lancaster likely to make at least £50m from leasing land to services such as NHS and schools, according to investigation

King Charles and Prince William’s property empires are taking millions of pounds from cash-strapped charities and public services including the NHS, state schools and prisons, according to a new investigation.

The reports claim the Duchies of Lancaster and Cornwall, which are exempt from business taxes and used to fund the royals’ lifestyles and philanthropic work, are set to make at least £50m from leasing land to public services. The two duchies hold a total of more than 5,400 leases.

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Labour challenges Badenoch to back billions for public services and tax rises

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Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win

Labour has thrown down an immediate challenge to the new Tory leader, Kemi Badenoch, to back Rachel Reeves’s budget plans for big increases in tax, spending and borrowing, as a huge political divide threatened to open up over economic policy and the future of public services.

All the main party leaders congratulated Badenoch on Saturday on becoming the first black leader of a main UK party after she stormed to victory over former immigration minister Robert Jenrick with 56.5% of the vote among Conservative party members.

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Tory leadership election live: Kemi Badenoch elected new Conservative leader

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Badenoch says Tories need ‘a clear plan to change this country by changing the way that government works’

Here are the results from previous Conservative leadership contests, and from the final MPs’ ballot of this contest, that will help put today’s results in context.

2024 contest

The choice is between two people who each played their part in 14 years of Conservative chaos and decline, and who have refused to apologise it.

Whoever wins, they have learnt nothing.

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Kemi Badenoch wins Tory leadership election

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Conservative party announces Badenoch has beaten rival Robert Jenrick in ballot of party members

Kemi Badenoch is the new Conservative party leader after defeating Robert Jenrick in a members’ vote, becoming the first Black leader of a major UK party and the fourth woman to lead the Tories.

Badenoch took just over 56% of the 95,000 votes, in a poll that had a 73% turnout of eligible members. This amounts to the narrowest win of the four since the party changed its rules to allow party members the final say in contested leadership elections.

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Hard to overstate challenges Kemi Badenoch faces as leader of the opposition

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There are questions over whether new Tory leader can hold splintered party together, or even piece together a worthy shadow cabinet

Kemi Badenoch might have avoided the cursed 52%-48% ratio which has riven the Conservative party before, but the close-run nature of her 56.5% winning margin in the Tory members’ vote shows the scale of the task before her.

It is hard to overstate the challenges Rishi Sunak’s replacement faces, even setting aside the much-cited fact that the last new UK leader to take a party directly from an election defeat to government was Margaret Thatcher in 1979.

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Services for most-vulnerable people at risk after NICs rise, charities say

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Care providers, GPs and pharmacists warn increased costs will cause cuts and job losses

Services that support some of England’s most vulnerable people have warned that tax increases in the budget will lead to cuts and closures that could devastate the charity sector.

Although the NHS and councils are protected from the impact of the rise in employers’ national insurance contributions (NICs) announced in Wednesday’s budget, charities that provide services say the increase means they will face “existential” financial pressures.

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Reeves told she will have to raise further £9bn to avoid UK public service cuts

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Warning from comes after Rachel Reeves’s record tax-raising budget sent tremors through financial markets

Rachel Reeves has been warned an extra £9bn of tax rises may be required to avoid a fresh austerity drive in key public services as her record tax-raising budget sent tremors through the financial markets.

Threatening to undermine the chancellor’s claim that her budget would restore economic stability to Britain, government borrowing costs rose sharply in the City on Thursday as traders turned on Reeves’s tax and spending measures.

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Rachel Reeves’s most irritating manifesto fudge: private equity’s tax loophole | Nils Pratley

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Labour said it would bring taxation of performance-related pay in the industry in line with others – but the chancellor had a change of heart

It has been almost two decades since Nicholas Ferguson, a grand figure in the private equity business, caused a storm by talking out loud about his industry’s dirty little secret. It could not be right, he said, that highly remunerated private equity executives could pay less tax than a cleaner or other low-paid workers.

Things have moved on a bit since 2007. So-called “carried interest”, or carry – the portion of an investment profit that the private equity managers retain as a bonus for success – is now taxed at 28% under the capital gains regime; in the old days, rates in effect as low as 10% could be secured thanks to various exceptions.

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Private schools to take legal action against planned VAT on fees

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Independent Schools Council says its focus is on children and it is concerned about impact on specialist schools

The Independent Schools Council (ISC) has said it will launch legal action against the government’s decision to impose VAT on independent school fees.

The council, which represents more than 1,400 private schools in the UK and abroad, reached its decision after a board meeting held on Thursday.

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EU citizen who applied for pre-settled status is to be deported from Scotland

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Greek Cypriot Costa Koushiappis to be removed from UK even though his application is pending with Home Office

An EU citizen caught up in a Home Office backlog of applications for post-Brexit residency status is to be deported by Border Force officials in Scotland.

Costa Koushiappis, 39, who is Greek Cypriot, has been told to show up at Edinburgh airport at 7am on Friday to be forcibly put on a flight to Amsterdam just weeks after he received an email from the Home Office to say it could take a further 24 months to process his application for status.

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Housing, social care and universities: who lost out in the UK budget?

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Rachel Reeves made funding the NHS a priority but people working in other areas said they were disappointed

Rachel Reeves’s first budget emphasised raising taxes to help the NHS, as the health service tries to cope with huge waiting lists and an ageing population. Funding the NHS was a top priority but people in other sectors – from universities to social care – feel the budget was a missed opportunity to tackle impending crises or introduce desperately needed reforms in their areas.

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Ofcom fines GB News £100,000 for breach of impartiality rules over Sunak interview

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GB News to challenge decision and watchdog will not enforce sanction until proceedings are concluded

Ofcom has fined the rightwing broadcaster GB News £100,000 for “breaking due impartiality rules” after an interview with the former prime minister Rishi Sunak earlier this year.

The media regulator said it chose to impose a fine over the programme titled People’s Forum: The Prime Minister because it considered the breach serious, and because of GB News’s track record of breaking impartiality rules.

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Reeves’s long-term spending figures almost as unrealistic as Tories’ were, IFS says – UK politics live

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Institute for Fiscal Studies says budget ‘looks like the same silly games’ as seen under the Conservatives

Rachel Reeves is now being interview on ITV’s Good Morning Britain.

She is being interviewed by Ed Balls, the former Labour shadow chancellor who is now a TV presenter. He asks her to confirm that workers will end up losing out because of the employers’ national insurance contributions (NICs) increase.

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Rachel Reeves may have to find more money to fix public services, says IFS

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Institute for Fiscal Studies says budget allows for rise in public service spending this year and next, but not thereafter

Rachel Reeves could be forced to find more money to fix public services after her budget made a start at reversing the “unrealistic” and irresponsible spending plans of the Conservatives, the Institute for Fiscal Studies (IFS) has said.

Britain’s leading experts on the government’s finances said the chancellor’s tax measures on Wednesday had allowed for a substantial short-term increase in public service spending this year and next, but not thereafter.

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Ed Davey: care sector will be ‘pushed to brink’ by national insurance hike and should be exempt

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Lib Dem leader says rise in employer’s contribution risks worsening NHS crisis

The Liberal Democrats have called on the government to exempt the social care sector from the increase in national insurance in Labour’s budget, as an organisation representing many smaller care providers warned that the impact would be substantial.

In the biggest fiscal measures of Wednesday’s budget, raising an additional £25bn a year by the end of the parliament, Rachel Reeves announced an increase of 1.2 percentage points on the national insurance paid by employers, with the salary threshold at which this begins falling from £9,100 a year to £5,000.

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Budget 2024: what the UK papers said about Rachel Reeves’ statement

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Headlines featured numerous ‘nightmare’ allusions for budget delivered the day before Halloween

After Rachel Reeves‘ first budget as chancellor, which included £40bn in tax rises, newspaper headlines in the UK featured “nightmare” and “horror show” allusions as it came a day before Halloween.

The Financial Times’ front page featured a picture of smiling Reeves headlined “Reeves unveils £40bn budget tax rise”. The paper reported the chancellor’s aims of fixing public services, and the “broken” finances, saying businesses and the wealthy would “bear bulk” of the “heaviest fiscal burden” in a generation.

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The budget: Labour returns to tax and spend – Politics Weekly UK

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Rachel Reeves has finally laid out Labour’s spending plans in the party’s first budget in almost 15 years. The Guardian’s John Harris is joined by political editor Pippa Crerar and political correspondent Kiran Stacey to discuss the fallout

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