The Right to Buy was not a housing policy. The initiative was political in nature. Although it produced homeowners, the social housing structure that first made those homes feasible was eliminated. Between 1980 and 2022, 1.98 million council homes were sold, fewer than 100,000 were replaced, that’s under 5 per cent. 40 per cent ofContinue reading “Council Houses Sold Off In The UK”
Tag Archives: Treasury
In France, Rachel Reeves’ Pay-Per-Mile Plan Will Tax British Motorists
British drivers travelling abroad will be effectively taxed twice under Rachel Reeves’ new pay-per-mile scheme. The Chancellor is expected to announce a new levy for electric vehicle (EV) drivers in the upcoming budget. I believed the idea of introducing electric vehicles was so that they would be more environmentally friendly, but now she wants to taxContinue reading “In France, Rachel Reeves’ Pay-Per-Mile Plan Will Tax British Motorists”
Rachel Reeves’ Plan To Raise Landfill Tax
Rachel Reeves plans to increase landfill tax, which could slap £24,000 onto the cost of new-build homes, which will have a new impact on struggling first-time buyers. Industry chiefs fear the Chancellor’s ‘insane’ proposal could see a 36-fold increase to the levy, causing construction costs to soar. Critics have even claimed the ‘development killer’ schemeContinue reading “Rachel Reeves’ Plan To Raise Landfill Tax”
Putin Threatens WWIII; Labour Cuts Military
Despite Britain’s increasing involvement in direct combat with Russia, Labour has promised drastic cutbacks to the country’s defence capability. In a surprising move which transmitted ominous signals to the Kremlin, 31 frontline helicopters and a couple of Commando assault ships were axed. The UK is set to lose an astounding 46 Watchkeeper Unmanned Aerial VehiclesContinue reading “Putin Threatens WWIII; Labour Cuts Military”
David Lammy Says Keir Starmer’s And Victoria Starmer’s Clothes Aren’t Taxpayer-Funded
Keir Starmer took thousands of pounds from a millionaire Labour donor to pay for designer suits because the taxpayer doesn’t pick up the bill, the Foreign Secretary suggested. David Lammy lamented that there was no public funding for the wardrobe of the Prime Minister, who is paid £166,000 a year, or his wife Victoria in the same way as thereContinue reading “David Lammy Says Keir Starmer’s And Victoria Starmer’s Clothes Aren’t Taxpayer-Funded”
What Taxes Will Rachel Reeves Hike In The Budget?
Fears are mounting about looming tax hikes for Brits after Rachel Reeves raided pensioners and warned of pain to come in the Budget. The Chancellor has been defending her remarkable political gamble after declaring the Tories had left a £22 billion black hole in the finances. She used the accusation as cover to virtually tear up Labour’s election platform—strippingContinue reading “What Taxes Will Rachel Reeves Hike In The Budget?”
Council Tax Is Set To Soar
Council tax bills could skyrocket next year under government plans to reduce the strain on public finances. Chancellor Jeremy Hunt is looking at relaxing the decade-long cap that presently allows town halls to increase their annual bills by just 2 per cent a year for their core services. Although the move would not directly raiseContinue reading “Council Tax Is Set To Soar”
As New Chancellor Jeremy Hunt Prepares To Axe MORE Key Planks Of ‘Lame Duck’ Liz Truss’ Economic Policy TODAY, The Pound Surges
Jeremy Hunt will take a wrecking ball to ‘lame duck’ Liz Truss’s economic policies today in a frantic bid to calm the markets, as Torie’s warn she must be gone in days. In an extraordinary 6 am statement, the Treasury said the new Chancellor will announce an overhaul of the catastrophic mini Budget within hoursContinue reading “As New Chancellor Jeremy Hunt Prepares To Axe MORE Key Planks Of ‘Lame Duck’ Liz Truss’ Economic Policy TODAY, The Pound Surges”
Efforts To Axe Taxpayer-Funded Free Lateral Flow Tests
The Treasury and No 10 Downing Street are reportedly torn on when to end mass free COVID testing, with some senior ministers concerned over its continuing cost. According to a newspaper outlet, talks are being held in the Government to scale back the initiative that enables everyone to get a free lateral flow test, andContinue reading “Efforts To Axe Taxpayer-Funded Free Lateral Flow Tests”
Now Working Pensioners Face Paying National Insurance
Working pensioners could now be charged National Insurance for the first time to help fix the social care crisis, and Treasury officials are considering the case for extending the National Insurance system beyond the state pension age of 66 where it currently stops. Insiders said the move would raise comparatively modest sums but would haveContinue reading “Now Working Pensioners Face Paying National Insurance”