Auto Amazon Links: No products found. Blocked by captcha.
In today’s newspapers review, the winner of Celebrity Traitors is revealed, which has caused quite a stir among the headlines. The Times reports that Chancellor Rachel Reeves is considering a rise in personal taxation as part of the ‘major measures’ on tax and spending for the upcoming Budget. This move has been seen as a signal that the chancellor may break Labour’s manifesto pledge not to increase income tax rates. Ahead of the 2024 election, Labour promised not to raise taxes on national insurance, income tax, and VAT.
There seems to be a split within the Labour Party regarding Reeves’s proposed budget tax increases. The i Paper highlights this by stating that the newly elected deputy leader, Lucy Powell, warns both the Prime Minister and Chancellor that breaking party manifesto pledges on taxes could damage the trust in politics. The Metro further emphasizes this split at the top over the potential tax rises.
The Guardian also touches on the challenge posed by Powell to Reeves regarding tax plans. Additionally, it features a tribute to Pauline Collins, the Oscar-nominated star of the 1990 film Shirley Valentine, who passed away at the age of 85. Meanwhile, in a different direction, the Financial Times focuses on the Bank of England’s decision to keep the key rate on hold at 4%, with policymakers voting narrowly in favor of leaving rates unchanged.
Turning the spotlight to some recent events, the
Read the full article from The BBC here: Read More
Auto Amazon Links: No products found. Blocked by captcha.