Fiscal Geometry: The Treasury Targets Property Equity

Will the new mansion tax affect your home? Learn how Rachel Reeves plans to tax 150,000 properties to fix the £22 billion budget gap in England and Wales.

#mansiontax, #rachelreeves, #ukhousing, #autumnbudget, #propertytax

https://newsletter.tf/rachel-reeves-mansion-tax-england-wales-impact/

The Treasury is looking at a new 18% tax on 150,000 high-value homes. This is a big change for owners who are worried about the upcoming Autumn Budget.

#mansiontax, #rachelreeves, #ukhousing, #autumnbudget, #propertytax
https://newsletter.tf/rachel-reeves-mansion-tax-england-wales-impact/

Rachel Reeves mansion tax plan for England and Wales affects 150,000 homes before Autumn Budget

Will the new mansion tax affect your home? Learn how Rachel Reeves plans to tax 150,000 properties to fix the £22 billion budget gap in England and Wales.

NewsletterTF
A third inflationary shock in less than a decade is coming: who will pay the price this time around?

Brutal past experience has taught us that a cost of living crisis doesn’t affect us all the same, because we don’t all go into it with the same income or wealth, says Guardian columnist Aditya Chakrabortty

The Guardian

In that way the Government really, really doesn't want to give the Public free vaccines unless they really, really have to, so this Government would rather people slip through the cracks than help us through this stupid crisis we didn't ask for.

#UKPol #UKpolitics #Labour #Greens #IranWar #RachelMillward #RachelReeves

UK food inflation ‘could hit 9% this year’ as Iran war drives up energy prices

Even if cargo route of strait of Hormuz reopens soon, Food and Drink Federation almost triples earlier forecast

The Guardian
Energy crisis: why ‘keep calm but cut down’ may be a better message for Labour

Government keen to avoid panic as oil price surges, but perhaps households need advice on reducing consumption

The Guardian
Two-thirds of UK hospitality businesses plan to cut jobs and one in seven will close, survey finds

Sector cites ‘billions of pounds in additional costs’ from new business rates and increase in minimum wage thresholds

The Guardian
Families hardest hit by energy crisis could be given funds dispensed by local councils

As the war in Iran continues, ministers debate several options for extending support to households

The Guardian
One in five UK hospitality businesses fear collapse as costs surge

Exclusive: Pubs, restaurants and hotels warn of mounting pressure days before rates rises and higher wage bills take effect

The Guardian
Morten Morland @mortenmorland on #RachelReeves #HorsemenoftheApocalypse #UKEconomy @thetimes – political cartoon gallery in London original-political-cartoon.com