Nadhim Zahawi arrives at Treasury in new role as Chancellor 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 Mr Zahawi has taken on the Cabinet role overseeing the UK’s public finances after Rishi Sunak handed in his resignation to Prime Minister Boris Johnson. The minister told Sky News that “nothing is off the table” when it comes to taxation and ensuring the UK is “as competitive as we can be”. Related articles Inheritance tax rate could be slashed to zero Nadhim Zahawi urged to free Britons from £6bn pension tax burden Julia Rosenbloom, tax partner at wealth management firm Evelyn Partners, spoke about some of the measures that he may … [Read more...] about Tax planning ‘never been so important’ as Zahawi holding emergency Budget ‘quite possible’
Emergency alert system today
By Tiffanie Turnbull Published 1 day ago Share close Share page Copy link About sharing About 50,000 people have been urged to evacuate their homes as floods hit Australia's largest city for the third time this year. Parts of Sydney have received about eight months of rain in four days. Roads have been cut off, some houses are under water and thousands have been left without power. Widespread flooding across Australia - driven by a La Niña weather pattern - has killed more than 20 people this year, many in New South Wales (NSW). More than 100 evacuation orders have been issued across Greater Sydney for the current emergency. People in another 50 areas have been warned to prepare to leave, as several major rivers flood. Severe weather is also hitting the nearby Hunter and Illawarra regions. Some areas of NSW have seen 800mm of rain in four days, says the Bureau of … [Read more...] about Australia floods: 50,000 on evacuation alert after deluge hits Sydney
Martin Lewis: Expert talks about National Insurance credits 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 The threshold where Britons start to pay National Insurance Contributions (NICS) has increased by £3,000 today going from £9,880 to £12,570. The plan, announced by former Chancellor Rishi Sunak in his Spring Statement this year, will mean that some Britons will see their take-home pay rise by £330. The Government said that the tax cut will impact around 30 million people or around 70 percent of UK workers. Those who earn less than around £35,000 a year will see the majhority of the benefit. Related articles Santander UK extends 2.5% interest rate offer … [Read more...] about National Insurance tax cut worth £330 secured as threshold rises from today
Boris Johnson briefs cabinet on National Insurance cuts 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 In total, about 30 million people are expected to benefit from the threshold increase, which was introduced to help with rising costs. But the savings will be offset by the National Insurance contribution increase in April, which went up by 1.25 percentage points to tackle the NHS and social care backlog. Related articles State pension warning: Britons could 'lose out' with NI rule change National Insurance tax cut worth £330 secured as threshold rises How much money will you save? The National Insurance threshold increase will benefit … [Read more...] about National insurance: How much will you save from today?
The Governor’s Office of Homeland Security & Emergency Preparedness plans to move some of its operations into a 70,000-square-foot space in the Bon Carré Business Center, making it the largest tenant in the property. GOHSEP hopes to move into the building by mid-July, said Scott Macdonald, with Stirling Properties, which is handling leasing for the business park. Between 250 to 275 employees will work in the space, which will be spread across three floors. “This is a deal that’s been in the making for quite some time,” Macdonald said. The agency liked some of the features in Bon Carré, including the available parking, the centralized location and the fact that the space allows for different divisions to have their own segments. Bon Carré was redeveloped on the site of the former Bon Marche Mall after the shopping center closed in 1990. EdgePWR, based in Mount Pleasant, South Carolina, bought the 712,000-square-foot center on Florida Boulevard in December 2020 for $8 … [Read more...] about Bon Carré, the former Bon Marche Mall, gets a big new tenant: State emergency planners
Boris Johnson briefs cabinet on National Insurance cuts 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 The National Insurance starting threshold will rise from today, meaning many workers will start seeing more in their pay packets each month. Nearly 30 million working people will benefit from the tax reduction, with a typical employee saving hundreds of pounds this year with the change. Related articles State pension increase: Thousands of pensioners to miss out on rise What to do if you can't pay your energy bill - expert advice What is happening to the NI threshold? The starting threshold from when you need to pay National Insurance … [Read more...] about National Insurance new contributions in full: How much will you save from today?
Middlesbrough: Bomb Squad at the scene of suspicious package 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 Victoria Street in South Bank has been cordoned off following reports of a "suspicious package". Police vehicles are present at the scene guarding the cordon. Officers said they arrived at the property around 3.10pm and taped the area off. A police spokesperson said: "A cordon is in place as a precautionary measure and officers will remain at the scene until satisfied that people can go on their way safely. "We would ask members of the public to avoid the area if possible whilst emergency services work to bring the incident to a safe conclusion as … [Read more...] about Bomb squad scrambles to street after ‘suspicious package’ found ‘Police all over’
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
Sajid Javid caused fresh humiliation for Boris Johnson this afternoon as he explained in detail why he no longer had faith in the embattled prime minister. The former health secretary sensationally quit alongside Chancellor Rishi Sunak yesterday, sparking a wave of resignations that has pushed the government to the brink of collapse. In a statement in the House of Commons, Mr Javid insisted he is ‘not a quitter’ but he could not stand by Mr Johnson after it emerged he appointed Chris Pincher as a deputy chief whip despite knowing about sexual misconduct allegations against him. He suggested it was the final nail in the coffin after standing by the PM during partygate and other scandals, saying: ‘Treading the tightrope between loyalty and integrity has become impossible.’ Mr Javid told MPs: ‘Despite what it might seem, I am not one of life’s quitters. ‘I did not quit when I was told that boys like me don’t do maths, I didn’t quit when old school bankers said I … [Read more...] about ‘I’m not a quitter – but enough is enough’: Sajid Javid’s resignation speech in full
ISLAMABAD: Minister for Climate Change Sherry Rehman on Wednesday said that at least 77 people have lost their lives as monsoon rains wreak havoc across the country, with 39 deaths reported from Balochistan alone. The current monsoon rains left hundreds of homes destroyed and hampered rescue operations in remote areas of the country. Addressing a press conference in Islamabad, the minister termed the casualties a "national tragedy" and said that the National Disaster Management Authority (NDMA) has prepared a national contingency plan to deal with the situation during the monsoon season. The NDMA has also called on people to stay alert to prevent further damage, she added. “We need a comprehensive plan to avert these [deaths and devastation] as all of this destruction is taking place due to climate change." The rains have not stopped and will continue till July 8, according to the Pakistan Meteorological Department (PMD), which has also warned of water logging in low-lying … [Read more...] about Sherry Rehman terms rain casualties ‘national tragedy’ as death toll climbs to 77