Showing 1 to 6 of 6 results
Resolution Foundation Urges UK Chancellor to Reshape Tax System
The Resolution Foundation, a think tank with ties to Labour, proposed a £30bn tax reform plan for the UK's autumn budget, including a 2p reduction in employee national insurance offset by an income tax increase, to raise £6bn annually while protecting workers' pay.
Resolution Foundation Urges UK Chancellor to Reshape Tax System
The Resolution Foundation, a think tank with ties to Labour, proposed a £30bn tax reform plan for the UK's autumn budget, including a 2p reduction in employee national insurance offset by an income tax increase, to raise £6bn annually while protecting workers' pay.
Progress
40% Bias Score
UK Treasury Considers Tax on Rental Income to Address Budget Shortfall
The UK Treasury is considering a new tax on rental income to help close a \$40 billion budget gap, potentially raising \$2 billion by extending national insurance to include rental income; this has caused concern in the housing market.
UK Treasury Considers Tax on Rental Income to Address Budget Shortfall
The UK Treasury is considering a new tax on rental income to help close a \$40 billion budget gap, potentially raising \$2 billion by extending national insurance to include rental income; this has caused concern in the housing market.
Progress
56% Bias Score
UK Q2 GDP Growth Exceeds Forecasts Despite Slowdown
The UK economy grew by 0.3% in the second quarter of 2024, exceeding forecasts but slowing from the first quarter's 0.7% growth; this was driven by the services sector, construction, and manufacturing, despite challenges from tax increases and global trade issues.
UK Q2 GDP Growth Exceeds Forecasts Despite Slowdown
The UK economy grew by 0.3% in the second quarter of 2024, exceeding forecasts but slowing from the first quarter's 0.7% growth; this was driven by the services sector, construction, and manufacturing, despite challenges from tax increases and global trade issues.
Progress
44% Bias Score
Labour Government Restructures Ahead of Autumn Budget
Following a summer of challenges, UK Prime Minister Sir Keir Starmer has reshuffled his Downing Street team, placing Darren Jones in Number 10 to oversee priorities and James Murray as the new chief secretary to the Treasury, ahead of the upcoming autumn budget.
Labour Government Restructures Ahead of Autumn Budget
Following a summer of challenges, UK Prime Minister Sir Keir Starmer has reshuffled his Downing Street team, placing Darren Jones in Number 10 to oversee priorities and James Murray as the new chief secretary to the Treasury, ahead of the upcoming autumn budget.
Progress
32% Bias Score
Speculated UK Property Tax Hike Slows Housing Market
Speculation of new UK property taxes—a potential tax on homes over £500,000 and removal of capital gains tax exemptions above £1.5 million—is slowing the housing market, with estate agents reporting decreased buyer confidence and a wait-and-see approach. July saw a 5% year-on-year rise in sales agre...
Speculated UK Property Tax Hike Slows Housing Market
Speculation of new UK property taxes—a potential tax on homes over £500,000 and removal of capital gains tax exemptions above £1.5 million—is slowing the housing market, with estate agents reporting decreased buyer confidence and a wait-and-see approach. July saw a 5% year-on-year rise in sales agre...
Progress
60% Bias Score
Labour's Internal Tax Dispute: Rayner's Department Urges £4bn Increase, Reeves Rejects
A leaked memo reveals Deputy Prime Minister Angela Rayner's department urged Chancellor Rachel Reeves for a £3bn-£4bn tax increase, a proposal Reeves rejected, opting for £5bn in welfare cuts instead, sparking internal Labour party tensions ahead of June's spending plans.
Labour's Internal Tax Dispute: Rayner's Department Urges £4bn Increase, Reeves Rejects
A leaked memo reveals Deputy Prime Minister Angela Rayner's department urged Chancellor Rachel Reeves for a £3bn-£4bn tax increase, a proposal Reeves rejected, opting for £5bn in welfare cuts instead, sparking internal Labour party tensions ahead of June's spending plans.
Progress
48% Bias Score
Showing 1 to 6 of 6 results