Not a sausage: how latest post-Brexit checks have hit UK delis

One company selling German products has not had a single delivery of wurst since January

The Guardian
Sunak refuses to say how abolition of national insurance would be funded – UK politics live

PM says ‘people trust me on these things’ and refuses to be drawn on whether government would forgo entire £46bn raised from measure

the Guardian

The only real giveaway in Jezza’s fictional #budget was the #despair on #Tory faces

#Taxes are going up, not down. #Growth is going down, not up. And in the end, #Hunt’s ramblings didn’t even convince his own side
https://www.theguardian.com/uk-news/2024/mar/06/the-only-real-giveaway-in-jezzas-fictional-budget-was-the-despair-on-tory-faces
#ToryPoliciesInAction
#Budget2024 #ToryEconomicFailure

The only real giveaway in Jezza’s fictional budget was the despair on Tory faces

Taxes are going up, not down. Growth is going down, not up. And in the end, Hunt’s ramblings didn’t even convince his own side

The Guardian

Budget 2024 live: The #UK TaxBurden is heading towards its highest level since Clement Attlee was prime minister, when #Britain was starting to pay down its war debts.

The #OfficeForBudgetResponsibility reports that tax as a share of #GDP will fall slightly this year (due to the cut in NI in January).

But it then rises gradually in every year of its forecast, rising to 37.1% of GDP in 2028-29.
https://www.theguardian.com/politics/live/2024/mar/06/spring-budget-2024-jeremy-hunt-tax-cuts-conservatives-labour-uk-politics-latest-updates
#ToryPoliciesInAction #TaxThePoorToPayTheRich
#ToryEconomicFailure

Budget 2024 live: Jeremy Hunt cuts national insurance, abolishes non-dom status and raises child benefit threshold

NI cut of 2p announced, along with new tax on vapes, end of tax relief for holiday lettings and more cash for NHS IT system

the Guardian

Full force of interest rate hikes is yet to be felt, says Bank of England official
Swati Dhingra says economy has flatlined and millions of mostly young and poorer people could be affected if rates stay high
The economy has flatlined and only a quarter of the impact from the Bank of England’s 14 consecutive increases in interest rates has fed through, according to one of its policymakers.

https://www.theguardian.com/business/2023/oct/12/full-force-of-interest-rate-hikes-is-yet-to-be-felt-says-bank-of-england-official

#economy #InterestRates #mortgages #ToryEconomicFailure

Full force of interest rate hikes is yet to be felt, says Bank of England official

Swati Dhingra says economy has flatlined and millions of mostly young and poorer people could be affected if rates stay high

The Guardian
Whisper it, but Labour don’t have a plan to fix this Tory mess either

Clunky Keir Starmer spent PMQs trumpeting away at ‘the Tory mortgage penalty’ and moneybags Rishi Sunak, but for all his bluster the would-be PM is noticeably thin on ideas of his own, writes John Rentoul

The Independent