Labour is set to close a loophole that enables thousands of private equity investors to avoid paying income tax if it wins the general election. The Sunday Times reported that the party's election manifesto, due this week, is expected to outline plans to put a halt to money made in private equity deals being taxed as capital gains at a 28 per cent rate, rather than income at a rate of 45 per cent.
This article by Vickie Sullivan is from the Conversation web site. Although obviously aimed at an American audience the ramifications taking place in the Conservative Party in the UK may also give us all cause for thought.
Moneyfacts UK Mortgage Trends Treasury Report data reveals the average shelf-life of a mortgage has dropped to 15 days, down from 28 days a month prior. Month-on-month rises to the average two- and five-year fixed mortgage rates were more modest.
Voters urged to check they're election ready before it's too late Issued on behalf of the Election Registration Officer for Highland and Western Isles Anyone wanting to vote in the UK general election on 4 July, must be registered to vote before the deadline on midnight 18 June. Voters can apply online at gov.uk/register-to-vote.
Welcome to Wider Europe, RFE/RL's newsletter focusing on the key issues concerning the European Union, NATO, and other institutions and their relationships with the Western Balkans and Europe's Eastern neighborhoods. I'm RFE/RL Europe Editor Rikard Jozwiak, and this week I'm drilling down on the results of the European Parliament elections.
The Scottish Government is continuing to invest in Hospital at Home for Older People with £3.6 million allocated for 2024/25, bringing total funding allocation for the initiative to over £15 million since 2020. Recent statistics released by Healthcare Improvement Scotland (HIS) show that last year the Hospital at Home service for Older People, which provides a safe, alternative to being admitted to an acute hospital, exceeded targets in several key areas between April 2023 and March 2024, including: total bed numbers have increased by over 57%, ahead of the Scottish Government's 50% target.
Every politician should understand double entry. If they did, they might work out the consequences of their actions and the ridiculousness of many of the claims that they make about government spending.
The Scottish Conservatives have selected a local campaigner to challenge the Caithness, Sutherland and Easter Ross seat in the upcoming General Election. Local resident, Dr Fiona Fawcett, will contest the seat in the upcoming General Election in four weeks.
14 candidates are seeking election on Thursday 4 July 2024 for the two Highland UK Parliamentary constituencies:. 7 candidates are standing in the Caithness, Sutherland and Easter Ross constituency 7 candidates in the Inverness, Skye and West Ross-shire constituency.
Rent controls such as the SNP cap on rents gives respite for some tenants but what is not mentioned are the adverse affects and where the pressure goes on other properties not controlled. The main problem is of course a shortage of suitable housing in he UK.
While the main parties trade blows over possible secret tax bombshells, far bigger tax rises are hiding in plain sight, with £23 billion a year of post-election tax rises - equivalent to around £800 per household - having already been announced, and neither party committed to reversing them, according to new research published today (Saturday 8 June 2024) by the Resolution Foundation. Hiding in plain sight - the latest Resolution Foundation election briefing, funded by the Nuffield Foundation - examines what has happened to the UK's tax take since 2010, what that has meant for the taxes paid by typical employees, and what might happen to tax in the next parliament.
There has been recent speculation that the Conservative Party might announce that they intend to abolish - or significantly reduce - Inheritance Tax (IHT) if re-elected. Calls for cutting or abolishing IHT are frequent, given the tax's unpopularity - despite the fact that only a small minority of people will ever be likely to pay it.
PM's D-Day blunder will leave many candidates wondering if a different leader might yet save them from defeat. This weekly column could be regarded as among Rishi Sunak's last safe havens.
Legislation to create a new national qualifications body and an independent inspectorate of schools and other educational providers has been published. The Education (Scotland) Bill includes provisions to replace the Scottish Qualifications Authority (SQA) with a new national qualifications body, Qualifications Scotland.
The Labour party has announced its plans for the energy sector, closing off the first full week of the 2024 election campaign. Great British Energy is one of Keir Starmer's six first steps for government, should his party win the election.
Moneyfacts Group plc, the UK's leading provider of retail financial product data, has published the latest issue of its ‘INTEREST' publication. ‘INTEREST' seeks to identify the effects, positive or negative, interest rates have on the main sectors of the economy.
UKHSA is working with partners to investigate a Shiga toxin-producing E. coli (STEC) outbreak.
Today is the last day when people can be nominated as candidates in the general election. Rumour has it some right wing Tory MPs will quit the party this afternoon and become Reform candidates, leaving the Tories no time to replace them.
The words "Liz Truss" and "mini-budget" have become shorthand for financial recklessness and economic chaos. But what was it about the former prime minister's economic management that was so disastrous? Truss's premiership was defined by the mini-budget disaster, where she promised £45 billion of unfunded tax cuts and hoped to unleash runaway growth.
Yesterday the electoral commission released the data on the latest donations to political parties. Political parties registered in the UK have reported accepting £22,974,403 in donations and public funds during the first quarter of 2024, according to figures published today by the Electoral Commission.
