Rishi Sunak will have to slash public spending or hike taxes to fill huge black hole in government’s books after his latest £30billion coronavirus mini-budget, warns former Justice Secretary David Gauke Chancellor Rishi Sunak unveiled ‘plan for jobs’ which could cost up to £30billion It is the latest in a number of interventions to dampen … Read more
Chancellor Rishi Sunak is planning to slash red tape and taxes as part of a post-Brexit ‘economic revolution’. Mr Sunak wants to completely overhaul planning laws and offer wide-ranging tax cuts just a year after the UK becomes fully independent from the European Union in December, as reported by the Sunday Telegraph. He is also … Read more
Rishi Sunak admits jobs WILL be lost despite latest massive ‘mini-Budget’ bailout as he begs Britons to ‘relearn’ the habits of eating out and dismisses claims his ‘bonus’ for firms bring back furloughed staff is a £9bn gimmick By James Tapsfield, Political Editor For Mailonline Published: 07:56 BST, 9 July 2020 | Updated: 07:56 BST, … Read more
Rishi Sunak’s mini-Budget at a glance A £1,000 Jobs Retention Bonus for employers who bring back furloughed workers beyond January, paid per employee, at a total cost of up to £9bn. Immediately increase stamp duty threshold from £125,000 to £500,000 until March 31. Cut VAT from 20 per cent to five per cent for hospitality … Read more
Rishi Sunak claims £3billion drive for ‘green’ homes, hospitals and schools will support 140,000 jobs – with households able to get grants of up to £5,000 for improvements By James Tapsfield, Political Editor For Mailonline Published: 15:37 BST, 8 July 2020 | Updated: 15:38 BST, 8 July 2020 A £3billion drive for ‘greener’ homes, hospitals … Read more
Rishi Sunak unveils ‘eat out to help out’ discount scheme allowing EVERYONE in the country to get half price meals at participating restaurants up to £10 per head and VAT cut from 20% to 5% on food, hotels and attractions Rishi Sunak said UK will be able to get 50 per cent off restaurant meals … Read more
Rishi Sunak promises £1,000 for EVERY member of staff firms bring back from furlough in £9BILLION ‘jobs bonus’ scheme By Martin Robinson, Chief Reporter For Mailonline Published: 13:21 BST, 8 July 2020 | Updated: 13:23 BST, 8 July 2020 Chancellor Rishi Sunak today pledged to £1,000 to businesses for every person they bring back to … Read more
Home buyers’ have reacted with joy at Rishi Sunak‘s announcement that he will freeze stamp duty. Mr Sunak today said he would immediately raise the threshold on stamp duty to £500,000 until March 31 2021. On the housing market, Rishi Sunak said property transactions fell by 50% in May and house prices have fallen for … Read more
Rishi Sunak will set out another massive package to bail out the stricken UK economy and stop millions of people being made unemployed today. In another pivotal moment in the coronavirus crisis, the Chancellor is set to axe stamp duty on most homes to boost the flagging housing market and get construction firing again. There will … Read more
Housing boost: Rishi Sunak is today expected to announce six-month stamp duty holiday The Chancellor of the Exchequer is under pressure to revive the housing market after figures showed prices have suffered their worst run since 2010. After four consecutive months of falls were reported by mortgage lender Halifax, Rishi Sunak is today expected to … Read more