Rishi Sunak faced fury from charities, MPs and care groups today after failing to provide any extra help for hospitals, care homes or medical research. Care home bosses accused the Chancellor of ‘betraying’ elderly residents, claiming he had once again ignored the cash-strapped sector which has been ravaged by Covid. Boris Johnson originally promised to … Read more
Rishi Sunak carefully positioned himself at the top of the staircase of No11 for his latest pandemic Budget photocall in a marked change from his official photo line up from last year. The 5ft5 Chancellor displayed a calm demeanour as he and his Treasury team gathered on the flight of stairs and looked up at the photographer … Read more
Asda, Morrisons, Tesco and Sainsbury’s have vowed to refuse a business rates relief offered today’s Budget after supermarkets paid back the £1.7billion they saved in the Covid tax break last year. Chancellor Rishi Sunak has said that the business rates holiday will be extended until the end of June for hard-hit retail, hospitality and leisure … Read more
Labour leader Sir Keir Starmer was today accused of being ‘ineffective’ after mocking Rishi Sunak’s love of social media in his response to the Tory Chancellor’s radical Budget. The Chancellor announced that income tax thresholds are being frozen until 2026 and corporation tax is being hiked from 2023 as he revealed the Government’s ‘unimaginable’ £407billion … Read more
Twitter users today accused Chancellor Rishi Sunak of turning the daily 5pm coronavirus press briefing into a party political broadcast in order to sell his radical Budget to the British public. The Chancellor today announced that income tax thresholds are being frozen until 2026 and corporation tax is being hiked from 2023 as he revealed … Read more
Rishi Sunak faced fury from charities, MPs and care groups today after failing to provide any extra help for hospitals, care homes or medical research. Care home bosses accused the Chancellor of ‘betraying’ elderly residents, claiming he had once again ignored the cash-strapped sector which has been ravaged by Covid. Boris Johnson originally promised to … Read more
Price of cigarettes will NOT rise as Rishi Sunak leaves tobacco duty out of his 2021 Budget after hiking cost by 22p a pack in November Tobacco duty will rise in line with inflation, Treasury announced earlier today It follows an increase back in November that saw the cost of tobacco rise by 22p Tobacco … Read more
An extra 300,000 house sales could beat the new June stamp duty holiday deadline – we talk to a buyer set to save £13,750 Chancellor Rishi Sunak extends the stamp duty holiday in his latest Budget It applies to the first £500,000 of a home’s purchase price until the end of June An extra 300,000 … Read more
Rishi Sunak today unveiled the eight sites for the first freeports to be created in England. The Chancellor used the Budget to confirm the locations of the ‘special economic zones’ that were first announced in the Tories’ 2019 election manifesto. East Midlands Airport, the Suffolk ports of Felixstowe and Harwich, the Humber region in Yorkshire, … Read more
Rishi Sunak unveiled a raft of measures aimed at helping small businesses today. The Chancellor targeted high street firms with a business rate holiday extension until June, followed by a two-thirds reduced rate for the rest of the financial year. He also confirmed a freeze of VAT at 5 per cent for hospitality firms until … Read more