Rishi Sunak’s ‘scary’ economic forecast: Chancellor will reveal devastating financial effect of pandemic next week… and predicts it will still be felt in 2024 Rishi Sunak will deliver ‘scary’ economic forecast his spending review next week His plans will rely on the predictions showing devastating effect of coronavirus Office for Budget Responsibility expected to forecast … Read more
‘The era of retreat is over!’ Boris Johnson will announce the biggest cash injection for our armed forces in three decades as he pledges to spend £16.5bn more on defence Prime Minister to promise to spend £16.5billion more on defence over four years Will be spent on ‘space command’ that could launch Britain’s first rocket … Read more
Boris Johnson today signalled his intention to slash Britain’s foreign aid budget to help the nation’s domestic finances – as he agreed to pump billions more into the Armed Forces. The Prime Minister declined to reject reports of plans to slash the UK’s commitment to spend 0.7 per cent of national income on overseas aid … Read more
Boris Johnson ‘plans to cut foreign aid by £5billion to help meet Britain’s £210bn Covid bill’ Britain could reduce the amount it sends to foreign countries in aid due to Covid Rishi Sunak is said to be pushing for the for £5bn to be cut from foreign aid bill Foreign aid has been criticised after … Read more
Rishi Sunak was today warned against adopting a pay as you drive scheme to fill a £40 billion tax hole caused by the switch to electric vehicles as motoring campaigners said it would be viewed as a ‘poll tax on wheels’ . The Chancellor is said to be ‘very interested’ in the idea of a … Read more
Speculation is mounting at Westminster over Boris Johnson’s future after the extraordinary No10 meltdown this week – with Rishi Sunak seen as in ‘pole position’ to take over. The PM is braced for a potential revenge attack from Dominic Cummings after the maverick chief aide was ousted in an extraordinary power struggle with Carrie Symonds. … Read more
Young people have fuelled a decline in car ownership among nearly a third of England’s population, as they turn instead to electric scooters and bicycles, new figures reveal. The number of private cars owned by individuals fell in areas that account for 31.5% of the population of England – or 16 million people – according to … Read more
More than 40 Tory MPs have warned Rishi Sunak that axing duty-free shopping could cost up to 50,000 jobs. They say the Chancellor’s decision to scrap the system next year will make Britain less attractive to international visitors. The move could affect not just London, but airports and shopping centres throughout the country including in … Read more
New No10 press chief Allegra Stratton breaks cover to slam ‘unpleasant’ Vote Leave aides amid claims she was ‘left in tears’ by vicious briefing – insisting she IS a Tory and voted for Brexit By James Tapsfield, Political Editor For Mailonline Published: 11:55 GMT, 15 November 2020 | Updated: 11:58 GMT, 15 November 2020 New … Read more
Rishi Sunak in bid to curb foreign aid budget: Chancellor wants 0.7% target axed as he struggles with public finance crisis Rishi Sunak wants to shelve foreign aid target during public finances crisis Chancellor and PM will meet to decide fate of the country’s overseas handouts The UK is legally committed to spending 0.7 per … Read more