Stamp duty surcharge: Could it rise to 4% in the spring statement?

Landlords awaiting the Spring Statement could be forgiven for fearing further tax hikes are heading their way. Households are already being clobbered with a National Insurance contribution rise, jump in energy and fuel costs, alongside other bills soaring with Inflation. Tomorrow could see the Government try to help fan the flames and in doing so, … Read more

Roman Abramovich brazenly flies Bermuda’s red ensign on his two superyachts

Roman Abramovich has been brazenly sailing his two superyachts under Red Ensign flags giving them British protection on the high seas – despite facing UK sanctions. The under-fire oligarch has both his luxury yachts – together estimated to be worth nearly £1.2 billion – registered in the British overseas territory of Bermuda. It entitles them … Read more

UK shale gas stocks rise: Government rethinks fracking as Russia sanctions intensify energy crisis

UK shale gas stocks IGas Energy PLC and Egdon Resources PLC saw their prices rise this week as the government rethinks its position on fracking, which could see domestic gas resources unlocked to ease dependence on Russian imports. Cuadrilla, a privately held company, has led the UK shale gas sector which had largely stalled in … Read more

Labour councillor apologises for telling family worried about gas hikes ‘wear jumpers’

Labour Councillor Lynne Troughton apologises for telling a family facing £700-a-month energy bills to ‘wear jumpers’ – as she’s branded ‘patronising and callous’ on Twitter Lynne Troughton, a Labour Councillor in Hackney, told Courtney Wilding his daughter’s potential £700-a-month bills could be countered by ‘economising’ She told the artist: ‘She needs to start using less. … Read more

Tube strikes: Keir Starmer’s MPs fail to condemn RMT union industrial action crippling London

Labour was in chaos over London Underground strikes yesterday after failing to condemn a second crippling walkout. London Mayor Sadiq Khan was booed while attending a glitzy music awards ceremony, with one punk group publicly savaging him for not dealing with the crisis. Critics questioned why the mayor was attending the event instead of holding … Read more

Labour MP told she is ‘morally wrong’ to compare Ukraine invasion to Palestine

Labour MP is told she is ‘historically wrong, factually wrong and morally wrong’ to make comparison between Putin’s invasion of Ukraine and the situation in Israel and Palestine By MailOnline Reporter Published: 22:07 GMT, 24 February 2022 | Updated: 07:16 GMT, 25 February 2022 The Labour MP for Sunderland Central Julie Elliott was told she … Read more

TfL £4.5billion bailout is extended until Friday as City Hall and government are locked in talks

TfL is given days to avoid bankruptcy after £4.5bn bailout is extended until Friday as City Hall and government are locked in negotiations over funding TfL has agreed with Government to extend funding package until Friday The network has said there will be ‘managed decline’ unless more funds found Mayor of London Sadiq Khan said … Read more

UK energy price cap jump rise to push inflation over 7% as experts question BoE intervention

Energy price cap jump will drive inflation beyond 7% as cost of living crisis deepens – and experts question whether BofE intervention can help The Bank of England now believes CPI could hit 7.25% by April  Energy costs have been a key driver of inflation and rate cap hike deepens issue Inflation is not expected … Read more

Twitter users await release of Sue Gray partygate inquiry with memes as Boris Johnson given report

‘It took all that time to produce EIGHT pages’: Anger and mockery as long-awaited Sue Gray report on No10 partygate is published (and is just as lacking in detail as many predicted) By Mark Duell for MailOnline Published: 12:41 GMT, 31 January 2022 | Updated: 16:10 GMT, 31 January 2022 Britons today mocked the long-awaited … Read more

Government faces backlash over Channel 4 privatisation plans

Government faces backlash over Channel 4 privatisation plans – after ministers argued broadcaster needs cash to compete with streaming giants Report says Government did not take the right approach over privatisation  It was written by the House of Lords Communications and Digital Committee The group added that it thought the decision making process had been ‘binary’  … Read more