The Democratic Unionist Party is set to demand tax cuts costing £460million to keep Theresa May in power after Brexit in two years’ time , The Telegraph can disclose. The party wants the money to pay for cuts in corporation tax, air passenger duty and VAT on hotels and restaurants in Northern Ireland as part of its price of continuing to prop up Mrs May’s minority Conservative government. The cash demand will form part of the next bill for DUP MPs’ continued support of Mrs May’s Government when their “confidence and supply” agreement is reviewed after Britain leaves the European Union in March 2019. Britain’s corporation tax of 19 per cent is already the lowest in the G7 group of nations and the Conservatives have promised to cut it to 17 per cent in 2020. However, the Government agreed in 2015 to go further in Northern Ireland and cut the tax rate there to 12.5 per cent from April 2018 – the same as the tax rate in the Irish Republic. The DUP is expected to ask … [Read more...] about DUP to demand £460m in tax cuts to keep Theresa May in power after Brexit
Capital gains tax how much do you pay
Damian Lewis pays heartbreaking tribute to late wife Helen McCrory
January 26, 2022 - 12:03 GMT Damian Lewis and Helen McCrory were married in 2007 Damian Lewis has paid a heartbreaking tribute to his late wife Helen McCrory, nine months after her death in April 2021. The Billions actor attended a poetry performance at the National Theatre, and paid a beautiful tribute to Helen, revealing that the evening was dedicated to the Peaky Blinders actress. MORE: Peaky Blinders star Cillian Murphy talks filming season six without Helen McCrory He said: "This evening is dedicated to her and it's perfect, because Helen loved the National Theatre. One person whose thunder would absolutely not be stolen was Helen McCrory." He also read a poem, Everything is Going to Be All Right by Derek Mahon. Loading the player... WATCH: Billions season six trailer is here - but will you be watching? The couple's two sons, Manon and Gulliver, were in attendance for the special evening, which … [Read more...] about Damian Lewis pays heartbreaking tribute to late wife Helen McCrory
Drivers urged to follow four key steps to help save almost £2,000 on motoring costs
Fuel: Matt Allwright shares tips on making your car more efficient This article contains affiliate links, we may receive a commission on any sales we generate from it. Learn more Sign up for FREE driving tips, latest models and breaking news SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info New data from the Office of National Statistics has found that Britons are saving less after the surge in price of other household bills and record petrol and diesel prices. However, some motoring experts are urging drivers to refrain from cutting some key car costs , as they may end up paying more in the long run. Related articles Driver slapped with £60 fine for parking in disabled bay Drivers warned of huge chaos as fuel … [Read more...] about Drivers urged to follow four key steps to help save almost £2,000 on motoring costs
Legal battle: The £600k question… is Build-A-Bear a stuffed toy or a doll?
The company raked in more than £97million in worldwide revenue last year (Image: Getty) Get pensions news and advice plus latest money alerts for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Build-A-Bear (BAB) had fought HMRC over customs demands dating back to 2012 for clothes, wigs and shoes chosen by children in its high street stores to kit out their furry friends. Related articles Inheritance tax rate could be slashed to zero Urgent scam warning: Fraud email from PayPal imposters Dolls’ accessories incur no duty, but those intended for stuffed toys attract four percent tax. Despite BAB’s protests that they were doll’s accessories, revenue chiefs insisted they should be classed as stuffed toy extras. But … [Read more...] about Legal battle: The £600k question… is Build-A-Bear a stuffed toy or a doll?
UK’s fourth-largest household energy supplier EDF nationalised by the French state
The energy crisis sparked by Vladimir Putin's war on Ukraine is having all kinds of consequences on the corporate sector. Germany's government looks set to bail out Uniper , one of the country's biggest power utilities, with a package of up to €9bn apparently being discussed. On Wednesday, the French government went one step further, announcing a full nationalisation of the energy giant EDF, the company that in Britain is the fourth largest household energy supplier and which is building Hinkley Point 'C', the UK's first new nuclear power station in a generation. Elisabeth Borne, the French PM, told parliament: "The climate emergency requires strong, radical decisions. We need to have full control of the production and our energy future. We must ensure our sovereignty faced with the consequences of the war and the colossal challenges ahead. "That is why I confirm today the intention of the state to hold 100% of the capital of EDF." Advertisement In truth, … [Read more...] about UK’s fourth-largest household energy supplier EDF nationalised by the French state
M4 protester raging after being kept for hours in ‘disgusting’ cell
M4 protester on why she's taking part in 30mph demonstration Sign up for our news briefing, including a daily special Russia-Ukraine edition SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Vicky Stamper, from Cwmbran, was among 12 drivers arrested shortly before 11am on Monday near the M4 Severn Bridge. She was held on suspicion of breaching a police notice not to drive under 30mph. Related articles Police officer faces hearing for 'leg-sweeping' handcuffed woman Police 'shoot' at tractors amassing at Dutch border Two convoys had been holding up traffic since around 7am with slow-moving roadblocks on both sides of the bridge. Police impounded Vicky's Vauxhall Corsa and the other vehicles involved in the protest … [Read more...] about M4 protester raging after being kept for hours in ‘disgusting’ cell
The Smartphone Psychiatrist
S ometime around 2010, about two-thirds of the way through his 13 years at the helm of the National Institute of Mental Health (NIMH)—the world’s largest mental-health research institution—Tom Insel started speaking with unusual frankness about how both psychiatry and his own institute were failing to help the mentally ill. Insel, runner-trim, quietly alert, and constitutionally diplomatic, did not rant about this. It’s not in him. You won’t hear him trash-talk colleagues or critics. Listen to the audio version of this article: Feature stories, read aloud: download the Audm app for your iPhone. Yet within the bounds of his unbroken civility, Insel began voicing something between a regret and an indictment. In writings and public talks, he lamented the pharmaceutical industry’s failure to develop effective new drugs for depression, bipolar disorder, or schizophrenia; academic psychiatry’s overly cozy relationship with Big Pharma; and the paucity of treatments produced by the … [Read more...] about The Smartphone Psychiatrist
White House Reveals Which Top Officials Are Getting Paid Six Figures | The Daily Wire
The Biden administration provided Congress with a complete list of White House staffers and their salaries last week. The move — a required action since 1995 — provides lawmakers with a list of each West Wing employee’s title and pay. According to a Fox Business analysis, the “vast majority” of staffers earn more than $100,000, with 24 making the maximum of $180,000. Among the officials pulling down $180,000 are Press Secretary Karine Jean-Pierre , Chief of Staff Ron Klain, National Economic Council Director Brian Deese, Domestic Policy Advisor Susan Rice, Staff Secretary Neera Tanden, and National Climate Advisor Regina McCarthy. Last year, 22 staffers earned $180,000 — including former Press Secretary Jen Psaki , who left the administration for a slot at MSNBC earlier this year and was replaced by Jean-Pierre. At the time, the White House touted its senior officials’ racial and gender diversity — noting that 36% came from ethnically diverse communities and … [Read more...] about White House Reveals Which Top Officials Are Getting Paid Six Figures | The Daily Wire
Four ways Nadhim Zahawi may try to boost the economy
Published 7 minutes ago Share close Share page Copy link About sharing Following the shock resignation of former Chancellor Rishi Sunak, his replacement Nadhim Zahawi has said he and Prime Minister Boris Johnson want to "rebuild the economy" and get soaring inflation under control. Mr Zahawi said "nothing is off the table" in terms of cutting taxes. What are some of the options open to the new Chancellor to make good on those plans? 1. Cut VAT Mr Zahawi has said he wants to do two things: cut taxes and "bear down" on inflation. Those are not usually happy bedfellows. Cutting taxes puts more money into the economy, which drives prices up - so how can he walk this line? A temporary cut in VAT - the tax paid when buying goods and services - from 20% to 17.5%, say, would lower the price of goods and services in the basket used to calculate inflation - taxes would get cut, and … [Read more...] about Four ways Nadhim Zahawi may try to boost the economy
‘Pole position’ Rishi tipped for Number 10 takeover while main rivals ‘cling to Boris’
Rishi Sunak follows Javid and resigns from Johnson’s Cabinet Sign up for FREE now and never miss the top politics stories again SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Odds on the former Chancellor have dropped from 20/1 to 3/1 within hours of his decision to quit Boris Johnson’s Government saying that change needs to happen. Sources have confirmed that he has been maneuvering for some weeks to launch a potential leadership body. A senior minister told Express.co.uk : “People keep saying Rishi won’t run but I know he will. He has been preparing for some time now.” Related articles Zahawi forces beleaguered Boris to name him as Chancellor Boris will be 'dragged kicking and screaming' says Widdecombe Mr … [Read more...] about ‘Pole position’ Rishi tipped for Number 10 takeover while main rivals ‘cling to Boris’