The spread of ‘fat jabs’ such as Ozempic could lead to a rise in the state pension age because obese employees will live longer than anticipated, Government advisers have warned. With more than 1.5 million people now using weight-loss drugs in the UK, the number-crunchers say that actuarial calculations about life expectancy – and thereforeContinue reading “Fat Jabs Like Ozempic And Mounjaro Threaten Pensions”
Tag Archives: Rachel Reeves
Rachel Reeves’ NI Tax Raid Could Increase Food Prices As Autumn Approaches
Hikes in National Insurance contributions (NICs) and the minimum wage were contributing to shoppers paying more for their food, the Bank said – and warned the situation will likely get worse. Food inflation hit 4.5 per cent in June, higher than economists had predicted in May, and is predicted to rise to 5.5 per cent next month.Continue reading “Rachel Reeves’ NI Tax Raid Could Increase Food Prices As Autumn Approaches”
Pension Should Be Affordable, Says Reeves
Rachel Reeves has warned that the state pension must be ‘affordable’ amid concerns that the younger generation may not receive it until they are 74. The Chancellor said increases in life expectancy have to be taken into account after ministers launched a review. Concern has been raised about the sustainability of the triple lock, which meansContinue reading “Pension Should Be Affordable, Says Reeves”
The Pound Plummets
Bond markets were sent into frenzy and the pound fell after the Chancellor’s tears in the Commons – drawing comparisons with the disorderly reaction to Liz Truss’s catastrophic mini-budget. UK ten-year borrowing costs surged close to 4.7 per cent as Sir Keir Starmer declined to offer Rachel Reeves his support as she sat beside him at the Prime Minister’s questions.Continue reading “The Pound Plummets”
GPs To Treat Millions Instead Of Hospitals
As Keir Starmer fights to address the NHS crisis, sweeping reforms will see patients treated by general practitioners (GPs) rather than receiving specialised treatment in hospitals. Routine appointments will be dealt with in community services close to patients’ homes in a move they believe could ‘fix the waiting list’. The health service will also rampContinue reading “GPs To Treat Millions Instead Of Hospitals”
A Private School Boy Is Turned Away By The NHS
An outraged mother has accused the NHS of ‘shocking discrimination’ after her eight-year-old son was denied vital treatment – just because he goes to private school. Tory MPs described the move as ‘morally indefensible’ and a manifestation of Labour’s ‘vile class war’, while the parent attacked the unjust ‘two-tier’ decision as a blatant breach of the health serviceContinue reading “A Private School Boy Is Turned Away By The NHS”
More Pensioners Will Get Fuel Payments This Winter
Labour’s U-turn on fuel payments will happen in time for more pensioners to benefit this winter, it was announced – but not all retirees will have the handouts restored. Chancellor Rachel Reeves said this morning that planned changes to the means-testing of winter fuel payments would be in place ahead of the colder months. ‘More people willContinue reading “More Pensioners Will Get Fuel Payments This Winter”
Cash Is No Longer King?
Nigel Farage last night promised to lead a ‘crypto revolution’ in Britain that would see the Bank of England build up a Bitcoin reserve’. The Reform leader, who is facing accusations of having ‘fantasy’ economic plans, used an appearance at a digital currency conference in Las Vegas to vow to ‘bring our country properly into the 21st century’. He used hisContinue reading “Cash Is No Longer King? “
The Labour Party Faces Growing Pressure To Scrap Winter Fuel Payments
Almost eight in ten voters believe Labour should ditch its winter fuel payments policy. The party is under increasing pressure to reverse slashing the subsidy for 10 million pensioners amid a brewing backbench rebellion and a threat of ministerial resignations over more sweeping welfare cuts. A YouGov poll discovered that less than one in ten (7 percent)Continue reading “The Labour Party Faces Growing Pressure To Scrap Winter Fuel Payments”
Rayner Urges Rachel Reeves To Strip Middle-Class Child Benefits
Angela Rayner has encouraged Rachel Reeves to strip middle-class families of child benefits payments, it has been claimed. The Labour Deputy Prime Minister urged the treasury to ‘claw back’ the benefit from families where the highest earner’s annual earnings were between £50,000 and £80,000, The Telegraph first reported. If taken forward, the decision would undo an announcement by the Tories in March 2024 thatContinue reading “Rayner Urges Rachel Reeves To Strip Middle-Class Child Benefits”
THE MONTHLY MOSQUITO 