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The chancellor will promise to utilise his "fiscal firepower" to protect the jobs and livelihoods of Britons when he delivers his budget on Wednesday. Rishi Sunak will tell the Commons that he will do "whatever it takes" to help business and people through the "moment of crisis" caused by the COVID-19 pandemic. In a lunchtime statement to MPs, the chancellor is expected to lay out a three-point economic plan focused on helping people through the pandemic, fixing the public finances and building the future economy. Possible announcements in Budget 2021 include: An extension to the furlough scheme An increase in corporation tax A freeze in income tax thresholds - a tactic which would not technically be a tax-raising measure but would still mean employees paying more as their salaries rise A six-month extension in the £20-a-week temporary increase in Universal Credit An extension of the stamp duty holiday, which is currently due to end this month … [Read more...] about Chancellor promises to use ‘fiscal firepower’ in budget to protect jobs and livelihoods

A BABY and toddler tragically face being orphaned after both their parents were diagnosed with terminal cancer within months of each other. Brit Adam Graveley, 38, met his Australian wife Caitlin, 39, when he went travelling. He managed to secure a good job and they sponsored him to stay and after tying the knot they had two kids. But now the couple, who live in Perth , have both heartbreakingly been diagnosed with Stage 4 cancer - just three months apart. They are faced with the devastating prospect of leaving kids Thea, two, and four-month-old Fearn without a mum and dad. Caitlin was diagnosed with Stage 4 bowel cancer in November after suffering pain she thought was due to her pregnancy. And then tragically Adam was diagnosed with Stage 4 pancreatic cancer on February 4. Adam's British sister, Emma Reynolds, 41, says her and the rest of the family can't visit them until April. The family want to raise awareness of aggressive cancers that start in the … [Read more...] about Tragedy as baby & toddler face being orphaned after both parents develop terminal cancer within 3 months of each other

LIVE music will return to the UK this summer as the world’s biggest concert firm plans to hold socially distanced drive-in gigs, The Sun can reveal. Events giant Live Nation is today unveiling a series of festival-style events across Britain. Music fans will be able to attend by car at specially-designed sites to watch a host of big-name acts between July and September. The performances will be the first live gigs since lockdown rules were introduced back in March — and will provide a desperately needed boost to the industry, which supports thousands of workers. It also marks a major new step in Britain’s bid to economically bounce back from the Covid-19 crisis — along with a welcome glimmer of excitement for fans desperate to see bands perform again. The first of the gigs are unveiled today — and The Sun can reveal details of how music fans can buy tickets which will allow them to attend in their cars, before parking up in their own safe space from which they can … [Read more...] about Live music returns this summer with acts including Rita Ora and Little Mix planning socially-distanced drive-in gigs

The big four accountancy firm KPMG will on Wednesday announce the £400m sale of its UK restructuring arm, marking a further step in the profession’s preparation for tough new audit regulation. Sky News has learnt that the new standalone company, which will comprise approximately 500 people, will be renamed Interpath Advisory. Backed by HIG Europe, the private equity firm, it will immediately become the largest independent restructuring practice in the UK by number of employees. The announcement will come just weeks after KPMG's rival, Deloitte, sold its UK restructuring business to Teneo, a global strategic advisory firm. A source close to the KPMG talks said the deal was hours away from being signed, although a formal announcement could yet be delayed. Advertisement John Connolly, the former Deloitte chairman, is in talks to become Interpath's chairman. The transaction will represent the most valuable disposal to date by one of Britain's big … [Read more...] about KPMG arm to be renamed Interpath in £400m restructuring deal

Boris Johnson is trying to set up a charity to help fund a luxurious revamp of his grace-and-favour flat, it was claimed today. The Prime Minister faces questions over works overseen by his fiancee Carrie Symonds in the plush, four-bed living space above No11. The 32-year-old has removed Theresa May ’s “John Lewis furniture nightmare” and paintings by British artist John Nash hang alongside works by the PM himself, according to an article in Tatler. The Cabinet Office will be forced to publish any taxpayer spending on the project in its annual accounts this summer. But today No10 refused to deny reports that the Prime Minister, 56, wants to fund the some of refurb through donations - after being told he could only claim around £30,000 from the state. The Daily Mail reported Mr Johnson had privately complained the cost was “totally out of control” and amounted to “tens and tens of thousands”, which he would struggle to afford after an expensive divorce from ex-wife Marina … [Read more...] about Boris Johnson ‘setting up a charity’ to fund lavish refurb of his Downing Street flat