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160 headlines found — Page 2 of 14

Guido Fawkes15 Jun 2026

WATCH: Jenrick Announces Plan to Raise Tax on Foreign Workers

Guido’s Editorial Director Adam Cherry asked Robert Jenrick if he was concerned that Reform is expanding the tax code with its new ‘Employers’ Migrant Labour Levy’. Read more on the policy here… Jenrick insisted Reform will simplify the tax code (although there’s a new ‘smart’ tax proposal today), and said “millions and millions of working…

Economy
Guido Fawkes15 Jun 2026

LIVE: Jenrick Hosts Press Conference on ‘Putting British Workers First’

Jenrick and Badenoch are both going live at 11am. Jenrick is promising ‘long overdue tax reform’. Watch above…

Economy
Guido Fawkes12 Jun 2026

NEW: UK Economy Contracted By 0.1% in April

From the ONS: Real gross domestic product (GDP) grew by 0.7%, following a growth of 0.6% in the three months to March 2026 and a growth of 0.5% in the three months to February 2026. Monthly GDP contracted by 0.1% in April 2026, following growths of 0.3% in March 2026 and 0.4% in February 2026.…

Economy
Guido Fawkes11 Jun 2026

Defence Secretary John Healey Resigns

John Healey says Starmer and  Reeves planned to raise defence spending by only 0.26% per year after reaching 2.6% in 2027. Just 2.68% of GDP on defence in 2030 would fall well short of the 3% Healey was pushing for. He said: “I am being forced to make decisions that would reduce the readiness of…

EconomyDefence
Guido Fawkes11 Jun 2026

Miliband Digs in Over Net Zero in Funding Clash With Starmer

Ed Miliband is at war with Number 10 over its attempts to slash DESNZ’s budget by at least 1% to help fund the elusive Defence Investment Plan (DIP). According to the Telegraph, Miliband has gone studs up over demands to squeeze around £600m from the department. Will someone think of the heat pumps… Currently, around…

PoliticsEconomyDefenceEnvironmentHousing
Guido Fawkes10 Jun 2026

Reeves Says She Will Hike Taxes Again to Pay for Defence Boost

Rachel Reeves told an investors’ conference last night that “borrowing can’t be the only answer” to hiking defence spending: “The money has to come from somewhere… Everyone can see the challenges. We are spending 2.6% of GDP from next April and the pressures are only going in one direction.” Reeves is currently battling John Healey…

EconomyDefenceHousing
Guido Fawkes9 Jun 2026

Labour’s ‘Public-Private Partnership’ Financial Services Unit Has No Private Sector Staff

The government’s flagship “single front door” for international finance, which was sold as a public-private partnership drawing in the City’s biggest firms, hs no private sector staff involvement. At its October 2025 launch, the Office for Investment: Financial Services was billed as “a public-private partnership” bringing together the OfI, HM Treasury, No10, the PRA, the…

Economy
Guido Fawkes9 Jun 2026

UK Defence Plan Not Mentioned Once at Cabinet

The small matter of defence spending was not mentioned once at this morning’s Cabinet meeting. The elusive Defence Investment Plan is still without a publication date, and ministers are now in furious clashes over proposed cuts to their departmental capital budgets to fund an uplift. Rather than try to resolve this endless farce, the Cabinet…

PoliticsEconomyDefence
Guido Fawkes8 Jun 2026

Music Company Received More Than £35,000 of Taxpayer Cash After Funding Burnham’s Glastonbury Stay

Andy Burnham accepted free accommodation at Glastonbury festival from a music royalties company months before the Greater Manchester Combined Authority paid it more than £35,000. Must have been a nice tent… Burnham registered £1,000 of Glastonbury accommodation in June last year for two from PRS for Music LTD. Four months later, on 27 October, GMCA…

Economy
Guido Fawkes8 Jun 2026

EXC: Reform Accuses Burnham of Cronyism in Latest Attack Ad

Reform will begin sharing the video above across social media later today. It is party’s second attack ad of the Makerfield campaign. This time accusing Burnham of cronyism… Burnham is accused of lending property developer Renaker millions in public money without full financial checks, with a tribunal warning taxpayer funds were left at risk of…

EconomyDefenceHousing
Guido Fawkes6 Jun 2026

Happy Tax Freedom Day…

Today marks Tax Freedom Day, the point at which Brits stop working for the taxman and start earning for themselves. According to the Adam Smith Institute, every penny the average worker earned up to 5th June went to the Treasury. It is the latest Tax Freedom Day ever recorded… Taxpayers have now worked 156 days…

Economy
Guido Fawkes5 Jun 2026

Burnham Refuses to Say Why He’d Be Better Than Starmer & Fails to Name the Fiscal Rules

Newsnight’s Victoria Derbyshire spoke with Andy Burnham: Victoria Derbyshire: Why do you believe you would be a better Prime Minister than Keir Starmer? Andy Burnham: I am not getting into that. Victoria Derbyshire: Why not? Andy Burnham: I am fully focused on this by-election… Because it’s disrespectful actually to the decision that people here are making. I’m making no…

PoliticsEconomy