Rishi Sunak today sparked fears of a future return to lockdown after he extended the furlough scheme to the end of September and announced grants for the self-employed will also continue. The Chancellor used the Budget to confirm that furloughed workers will continue to receive 80 per cent of their wages for the next seven … Read more
Former Labour leader Jeremy Corbyn today accused Chancellor Rishi Sunak of stealing the economic policies of his hard-Left Shadow Chancellor John McDonnell for a radical Budget that will set Britain’s course for years. Mr Corbyn told the Commons many of Mr Sunak’s announcements, including furlough, the Green Industrial Revolution and the relocation of civil servants … Read more
To paraphrase an old joke: An Etonian, a Harrovian and a Wykehamist and are sitting in a bar when a woman walks in. The Etonian says: ‘Fetch her a chair.’ The Harrovian fetches it. The Wykehamist sits in it. Winchester alumnus Rishi Sunak didn’t pull off quite such a dastardly move yesterday. No. He was … Read more
Judging by the bags under Rishi Sunak’s eyes there is much keeping the Chancellor awake at night, and nothing more so than the mammoth UK debt pile. Sunak has had no option but to open the taps during the pandemic and while there is still much more spending to come, he has made it clear … Read more
Stamp duty holiday Estate agents are gearing up for a second housing mini-boom after the Chancellor extended the stamp duty holiday until the end of June. It means an extra 300,000 home buyers could benefit from the break. House hunters swarmed property websites within minutes of the announcement, suggesting the market may once again go … 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
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
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