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Britain’s big-spending Chancellor and his billionaire heiress wife dined at an exclusive private member’s club as England’s lockdown ended yesterday – hours after Rishi Sunak hinted that tax rises are on the horizon to tackle the UK’s huge coronavirus-fuelled debt pile. Mr Sunak and his spouse Akshata Murthy, the daughter of Indian IT mogul Narayana Murthy, headed to … Read more
Rishi Sunak braces Britain for tax rises warning the country’s huge coronavirus-fuelled debt pile could be a disaster if interest rates spike By James Tapsfield, Political Editor For Mailonline Published: 09:22 GMT, 3 December 2020 | Updated: 09:22 GMT, 3 December 2020 Rishi Sunak has delivered another strong hint that tax rises are on the … Read more
Rapid economic recovery next year could allow Rishi Sunak to delay tax rises until 2022, ministers hope Chancellor Rishi Sunak refused to commit to the Tories’ triple tax lock Senior Treasury ministers are waiting until the end of the coronavirus pandemic A source told The Telegraph tax rises would not come any time soon Mr … Read more
Rapid economic recovery next year could allow Rishi Sunak to delay tax rises until 2022, ministers hope Chancellor Rishi Sunak refused to commit to the Tories’ triple tax lock Senior Treasury ministers are waiting until the end of the coronavirus pandemic A source told The Telegraph tax rises would not come any time soon Mr … Read more
Last week a dejected Tory MP was sitting in the House of Commons lobby when the Prime Minister appeared. ‘He saw me and said, ‘Don’t worry. Everything will be all right in the end,’ the former Minister recounted, ‘then just ambled off.’ Things are not going to be all right. It was left to Rishi … Read more
Rishi Sunak’s wife is richer than the Queen: Her shares in family’s tech firm are worth £430million making her one of Britain’s wealthiest women Chancellor’s wife Akshata Murthy owns shares worth £430million in family firm Former standards chairman Sir Alistair Graham claims Sunak took a ‘minimalist approach as possible’ when declaring his financial interests last … Read more
Rishi Sunak’s wife is richer than the Queen: Her shares in family’s tech firm are worth £430million making her one of Britain’s wealthiest women Chancellor’s wife Akshata Murty owns shares worth £430million in family firm Former standards chairman Sir Alistair Graham claims Sunak took a ‘minimalist approach as possible’ when declaring his financial interests last … Read more
Downing Street today urged Michel Barnier to come to London to resume face-to-face Brexit trade talks amid reports the EU’s chief negotiator had threatened to walk away from discussions. Top-level talks between Mr Barnier and UK counterpart Lord Frost were suspended last week after a member of the EU team tested positive for coronavirus. Negotiations … Read more
Boris Johnson has lashed out at ‘gloomy’ predictions of coronavirus woe, telling MPs they were too negative because they were made before last week’s vaccine breakthroughs. The Prime Minister made the comment as he addressed anxious backbenchers last night in the wake of Rishi Sunak’s spending review, which revealed the scale of the problem facing … Read more
Rishi Sunak will need to find £40BILLION a year in tax rises and spending cuts by the middle of the decade if he wants to balance the books in the wake of the coronavirus crisis, says IFS as it warns UK is in ‘uncharted territory’ Institute for Fiscal Studies said the UK economy is in … Read more