Last week a dejected Tory MP was sitting in the House of Commons lobby when the Prime Minister appeared. ‘He saw me and said, ‘Don’t worry. Everything will be all right in the end,’ the former Minister recounted, ‘then just ambled off.’ Things are not going to be all right. It was left to Rishi … Read more
Rishi Sunak’s wife is richer than the Queen: Her shares in family’s tech firm are worth £430million making her one of Britain’s wealthiest women Chancellor’s wife Akshata Murty owns shares worth £430million in family firm Former standards chairman Sir Alistair Graham claims Sunak took a ‘minimalist approach as possible’ when declaring his financial interests last … Read more
Rishi Sunak is under fire after REFUSING to appear in front of MPs to answer questions on his controversial Spending Review as the Chancellor ‘faces questions over his family’s finances’ Spending Review sparked major controversy as Rishi Sunak cut foreign aid Treasury Select Committee asked the Chancellor to come and answer questions But Mr Sunak … Read more
Is Rishi Sunak ditching the triple tax lock? Chancellor refuses to rule out raising income tax, VAT or National Insurance to plug coronavirus black hole Rishi Sunak did not rule out raising income tax, VAT or National Insurance He told BBC Breakfast the scale of borrowing this year was ‘not sustainable’ The ‘triple lock’ against … Read more
The Covid-19 pandemic will hit the average worker’s pay packet by £1,200 by 2025, analysis by a think tank has revealed today. A report published by the Resolution Foundation has hinted the pandemic will have a lasting impact on the finances of individual Britons, alongside damaging public economics. Here Today, Gone Tomorrow says that by … Read more
Boris Johnson has lashed out at ‘gloomy’ predictions of coronavirus woe, telling MPs they were too negative because they were made before last week’s vaccine breakthroughs. The Prime Minister made the comment as he addressed anxious backbenchers last night in the wake of Rishi Sunak’s spending review, which revealed the scale of the problem facing … Read more
Downing Street today urged Michel Barnier to come to London to resume face-to-face Brexit trade talks amid reports the EU’s chief negotiator had threatened to walk away from discussions. Top-level talks between Mr Barnier and UK counterpart Lord Frost were suspended last week after a member of the EU team tested positive for coronavirus. Negotiations … Read more
Furlough numbers SURGE in second lockdown with 15 per cent of workers now paid off – the highest level since JUNE – and it is set to go even HIGHER Firms said 15% on average were on furlough between November 2 and 15 Figure up fom 9% in previous survey which covered the second half … Read more
‘It’s clear what the shape of the deal looks like’: Rishi Sunak hints UK and EU are on the brink of Brexit trade pact after watchdog warns failure would wipe another 2 per cent off GDP Rishi Sunak said this morning ‘it is clear what the shape of the deal looks like’ The Chancellor said … Read more
Rishi Sunak was today accused of being ‘too optimistic’ and may need to find more cash to tackle Covid-19 despite spending ‘truly astonishing’ amounts trying to keep the British economy afloat. The Chancellor announced yesterday that borrowing would hit almost £400 billion this year, with government spending topping £1 trillion for the first time as the damage … Read more