Labour says Tories’ promise to raise tax allowance for pensioners is a joke
Pensioners did not believe the Tories when they said they would increase tax allowances, said Labour Party leader Liz Kendall, calling the party’s promises “a joke”. The shadow pensions minister said the number of over-65s paying income tax had almost…
Treasury sells £1.24bn NatWest stake as plans for public sale postponed
The government has sold £1.24 billion worth of NatWest shares, accelerating the process of privatising the branch bank. A statement on Friday confirmed that the state’s stake in the bank had fallen by about 3.5 percentage points to 22.5 percent….
BBC presenter mocks Jeremy Hunt over ‘unaffordable’ tax cuts
Jeremy Hunt was asked if he was “Kwasi Kwarteng 2.0” as he made his clearest hint yet that further tax cuts were planned before the general election. The Chancellor of the Exchequer was compared to his predecessor – who was…
