Rishi Sunak is set to axe stamp duty on most homes on Wednesday in a temporary move designed to boost the flagging housing market. Whitehall sources said the Chancellor was ready to introduce a six-month stamp duty holiday as part of his mini-Budget designed to boost growth and jobs. Mr Sunak is understood to be … Read more
Rishi Sunak’s VERY expensive tastes: Chancellor poses for mini-Budget preparation photograph with £180 ‘smart’ mug which keeps your tea at the same temperature for three hours Rishi Sunak posed for pictures in Treasury this afternoon ahead of mini-Budget Traditional photos had a modern twist as Chancellor showed off his ‘smart’ mug Chancellor has a Ember … Read more
One in seven Britons could be left jobless if the country suffers second coronavirus peak, OECD warns OECD says unemployment is set to soar in UK as world struggles with lockdown Figure could hit 11.7 per cent by the end of year or 14.8 per cent if a second peak Chancellor Rishi Sunak is due … Read more
The places where homebuyers could benefit the most from a proposed stamp duty holiday have been revealed, with potential savings of up to £15,000. Rightmove looked at the stamp duty savings for areas in England where people would stand to benefit the most if the Chancellor delivers a stamp duty ‘holiday’ in his so-called mini-Budget … Read more
UK’s spiralling debt mountain as Rishi Sunak prepares to spend big again: Cost of jobs support schemes hits £35bn with another £45bn of loans handed out to firms – amid fears UK’s interest bill could equal defence and education budgets COMBINED Rishi Sunak is preparing to announce more jobs support amid coronavirus crisis Figures show … Read more
Green for go! Rishi Sunak’s £3billion eco jobs boost pays workers to plant trees, clean up rivers and install insulation as part of the Chancellor’s mini Budget to rev up the faltering economy Chancellor Rishi Sunak has set aside £3billion for a green employment package It is focused on cutting emissions, improving environment and creating … Read more
High Street footfall was ‘down by more than half on Super Saturday compared to same day last year’ despite pubs and restaurants reopening as businesses tell Rishi Sunak they need long term help to survive Data shows visits to high streets in England were down 56 per cent on Saturday High Streets remained quiet year-on-year … Read more
The Chancellor, Rishi Sunak, says his priority is: ‘Jobs, jobs, jobs.’ For Boris Johnson, it is: ‘Build, build, build.’ Last week, the Prime Minister declared his commitment to end unwarranted delays in the decision-making process, so as to make sure the planning system delivers the infrastructure and employment we all want. Yet the Conservative Government … Read more
Companies will get a £1,000 cash bonus for every young person they hire as Rishi Sunak prepares to unveil a £111million boost for the traineeship scheme in ‘mini-budget’ Employers will be given a £1,000 cash bonus for every 16-24-year-old hired The cash is to be capped at 10 employees – or £10,000 First time firms … Read more
Chancellor Rishi Sunak ‘will AXE stamp duty for six months’ in much-needed shot-in-the-arm for UK’s stalled housing market Rishi Sunak could exempt stamp duty on homes at the lower end of the market Six-month holiday is aimed at giving the housing market a boost amid lockdown During lockdown, Britons were told not to move house, … Read more
Labour backs ‘wealth tax’ on the ‘very best off people’ to pay for coronavirus crisis if UK economy does not recover as shadow chancellor Anneliese Dodds says those with ‘broadest shoulders’ should be targeted Anneliese Dodds said if tax rises needed they should only be for ‘best off’ people Shadow chancellor said those with ‘broadest … Read more
The NHS and the Government’s Treasury are stuck in an argument about the health service’s demands for an extra £10billion to clear a backlog in surgery patients. Sources say bosses at both organisations are ‘at complete loggerheads’ as the NHS tries to return to normality as the UK’s coronavirus pandemic continues to shrink. The Government had … Read more
The NHS and the Government’s Treasury are stuck in an argument about the health service’s demands for an extra £10billion to clear a backlog in surgery patients. Sources say bosses at both organisations are ‘at complete loggerheads’ as the NHS tries to return to normality as the UK’s coronavirus pandemic continues to shrink. The Government had … Read more