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
Budget for the North: A Treasury outpost in Darlington, freeports in Liverpool, Teesside and Humber and an infrastructure bank in Leeds By Ruth Sunderland Business Editor For The Daily Mail Published: 22:13 GMT, 3 March 2021 | Updated: 22:13 GMT, 3 March 2021 A raft of measures was announced in yesterday’s Budget to transform the … 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
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
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
The Chancellor announced plans for ‘green growth’ in his Budget today – but they were criticised for being ‘way short’ of the action required to tackle climate change. Rishi Sunak heralded a new national infrastructure bank in Leeds with £12billion to finance a green industrial revolution and £15billion of new green gilts this year. There … Read more