The new Labour Party government is set to slash winter energy benefits for around 10 million pensioners while preparing massive tax hikes to fund soaring spending
Chancellor of the Exchequer Rishi Sunak has said the furlough scheme was extended because “things might change”, suggesting that the UK might not see the full lifting of all coronavirus restrictions by June 21st.
The Treasury is reportedly considering tax rises to the tune of up to £30 billion to cover the cost of the government’s coronavirus response spending spree, with the department even contemplating raising the tax on petrol which would affect millions of ordinary Britons.
The Green New Tories have revealed that they will tax “pollution” which will result in an increase in the levy paid on gas, the introduction of a plastic packaging tax, and a multi-billion pound spending spree on projects to make
Chancellor of the Exchequer Rishi Sunak has presented his budget which he says delivers on the Tories’ pledge to cut taxes for working Britons by increasing the income tax threshold, abolishing the Tampon Tax and Reading Tax, and freezing duty on fuel and alcohol.
Chancellor of the Exchequer Sajid Javid has told businesses to prepare for the UK to diverge from EU regulations, saying “we will not be a ruletaker” after the transition period.
Prime Minister Boris Johnson’s senior aide has reportedly accused the Remain-backing former Chancellor of the Exchequer, Philip Hammond, of blocking no-deal Brexit plans.
Chancellor of the Exchequer Philip “Remainer Phil” Hammond told corporate bosses that senior MPs would stop a “No Deal” Brexit — where Britain makes a clean break from the EU — according to a leaked telephone call.
Two ministers have reportedly accused Chancellor of the Exchequer Philip Hammond of keeping a tight grip on Treasury funds meant for No Deal Brexit preparations.
