The most startling number in the Budget is tucked away at the back of the Red Book. It reveals that, in the current fiscal year, which ends on April 5, the Government had to raise £483.5billion, a sum representing almost a quarter of national output. Next year it has to find a further £297.7billion. That … Read more
Rishi’s £150million pub lifeline: Chancellor unveils scheme to help locals to BUY their struggling boozer and other ‘community assets’ like sports clubs The £150m Community Ownership Fund would provide grants up to £250,000 Will also allow bids for up to £1million in ‘exceptional circumstances’ This would allow larger venues like sports grounds and clubs to … Read more
Rishi Sunak faces a delicate balancing act when he delivers his second budget as Chancellor today. He risks a backlash if he hikes taxes too quickly, but is also under pressure to indicate how he plans to plug the vast hole in the nation’s finances. It is expected that many Covid support measures, such as … Read more
Fears over tax grabs on income and savings are mounting as the Chancellor faces pressure to start balancing the books after the pandemic. Two-thirds of us are worried about tax hikes and almost one in five are concerned their savings will be in the firing line, according to research for Money Mail. And as the … Read more
Rishi Sunak has released new carefully posed pictures as he ran through his lines ahead of tomorrow’s Spending Review announcement. The Chancellor was wearing his favoured grey hoodie as he worked through documents in his red box in his flat above 11 Downing Street. Other catalogue model-style snaps, released by the Treasury today, show him … Read more
When is a Budget not a Budget? When it’s a Winter Economic Plan. Rishi Sunak’s final throw of the dice late last month to prevent a jump in unemployment numbers filled some with fear and others with hope. But all agreed it will have a major impact on the shape of the UK economy over … Read more
JEFF PRESTRIDGE: Rishi’s next dish is likely to be a little less tasty… tax hikes are heading our way By Jeff Prestridge for The Mail on Sunday Published: 22:01 BST, 5 September 2020 | Updated: 22:01 BST, 5 September 2020 It now seems inevitable that Rishi Sunak’s forthcoming Budget will be more painful on our … Read more
TALK OF THE TOWN: Prince Harry’s ex Cressida Bonas is a major fan of Dishy Rishi’s Dishes By Alistair Foster, Joanna Bell And Sophie Cockerham For The Mail On Sunday Published: 00:15 BST, 6 September 2020 | Updated: 00:30 BST, 6 September 2020 She is a successful actress and he is a blue-blooded aristocrat – … Read more
Chancellor’s £1,000 grants won’t save jobs, warn bosses as firms are forced to contribute to wages of furloughed staff for the first time By Lucy White For The Daily Mail Published: 21:50 BST, 31 August 2020 | Updated: 21:50 BST, 31 August 2020 Business leaders have warned that the Chancellor’s job retention bonuses will not … Read more
Rishi Sunak has set out his ‘three Rs’ plan for a post-lockdown Britain: ‘Relight’ the economy, ‘Return’ to work, and ‘Re-open’ schools. The Chancellor’s new programme is intended to save Britain from economic disaster amid the ‘worst ever’ recession brought about during the coronavirus crisis. Mr Sunak said that Britons should ‘safely’ return to work, … Read more