Properties worth more than £2m in England face new tax – BBC

  1. Properties worth more than £2m in England face new tax  BBC
  2. ‘I don’t live in a mansion. It’s a 1930s house’: Richmond residents react to council tax rise  The Guardian
  3. Chancellor swoops on landlords and wealthy homeowners  Financial Times
  4. Reeves Hits UK Property With Annual Tax on £2 Million Homes  Bloomberg.com
  5. UK Mansion Tax—The Beginning Of A British Wealth Tax Regime?  Forbes
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Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget

Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds

Rachel Reeves targeted Britain’s wealthiest households with a £26bn tax-raising budget to fund scrapping the two-child benefit policy and cutting energy bills.

On a chaotic day that involved key details of her budget accidentally being released early by the Office for Budget Responsibility (OBR), the chancellor defended the measures, saying she was “asking everyone to make a contribution to repair the public finances”, but that she wanted the wealthiest to pay the most.

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How Rachel Reeves’s budget was leaked 40 minutes early

By the time the chancellor reached the dispatch box, the OBR had accidentally published its verdict in full online

Shortly before midday on Wednesday, a series of headlines about Rachel Reeves’s budget began appearing on the Reuters newswire, sending instant ripples though financial markets.

The details were jaw-dropping: they appeared to spell out the key policies of the chancellor’s budget more than 40 minutes before she was due to deliver them to a crowded Commons chamber.

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How Rachel Reeves’s budget was leaked 40 minutes early

By the time the chancellor reached the dispatch box, the OBR had accidentally published its verdict in full online

Shortly before midday on Wednesday, a series of headlines about Rachel Reeves’s budget began appearing on the Reuters newswire, sending instant ripples though financial markets.

The details were jaw-dropping: they appeared to spell out the key policies of the chancellor’s budget more than 40 minutes before she was due to deliver them to a crowded Commons chamber.

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Trump officials halt protected status for Haitians in US

Homeland security secretary Kristi Noem says allowing Haitians to remain is ‘contrary to US national interest’

The Trump administration has once again moved to halt humanitarian protections for Haitians living in the US, this time announcing that their temporary protected status (TPS) will expire on 3 February.

According to a new Department of Homeland Security notice issued on Wednesday, TPS for approximately 340,000 Haitian migrants will be terminated next year.

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Bamboo scaffolding may be to blame for spread of Hong Kong tower block fire

Hong Kong is one of the last places in the world where bamboo is widely used by construction workers

A deadly fire in an apartment complex in Hong Kong appears to have spread in part because the buildings were sheathed in bamboo scaffolding, a traditional building material that the authorities have been phasing out for safety reasons.

Dozens of people died on Wednesday in Hong Kong’s deadliest fire in decades. The blaze tore through the Wang Fuk Court residential complex in Tai Po, in the northern New Territories. The complex is made up of eight 31-storey towers containing about 2,000 flats that house about 4,800 people.

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