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247 headlines found — Page 2 of 21

Guido Fawkes10 Aug 2026

Burnham Adviser Refuses to Join No10 Because He Fears Wealth Tax

The Times reports that Jim O’Neill, one of the economic advisers brought on by Team Burnham to calm the markets during the Makerfield by-election, is refusing to join No10 partly because he fears it will impose a wealth tax. Doesn’t fill you with confidence, does it? O’Neill is a former economist for Goldman Sachs and…

PoliticsEconomy
Guido Fawkes10 Aug 2026

Burnham Starts ‘Cost of Living Tour’ by Reheating More Starmer Policies

Now Burnham has finished with his holiday he is kicking off a ‘cost of living tour’ around the country, accompanied by policy announcements. Handily copied and pasted from Starmer’s notebook… Burnham’s government is promising to bring forward tougher action on “subscription traps” – i.e. auto renewals –  by a matter of months and a new…

EconomyDefence
Guido Fawkes7 Aug 2026

Sadiq Khan Brings Nine of His Staff on Taxpayer-Funded Trip to Japan

Sadiq Khan took nine GLA staff with him – on the taxpayer’s dime – to Japan and Singapore in June to “court investment” from companies. Sources in City Hall say it is well known that Khan is extremely bored in his job, hence all the jollies… The trip, much like Khan’s others, consisted of him…

EconomyCrime
Guido Fawkes6 Aug 2026

HMRC Hires ‘Senior EDI Consultant’ for £72,000 While Taxpayers Spend 409 Years on Hold in Twelve Months

HMRC is hiring internally among civil servants only for a “Senior Equality, Diversity and Inclusion Consultant.” Here’s the Public Accounts Committee report on HMRC from late last year: “Average call waiting times exceeded 23 minutes. HMRC says it has not been adequately resourced to meet telephone demand from customers.” For up to £72,711 the hire…

Economy
Guido Fawkes6 Aug 2026

UK’s National Debt Tops £3 Trillion for First Time

Britain’s national debt has passed £3 trillion for the first time, according to TaxPayers’ Alliance (TPA) figures. That is around 95% of GDP, or more than £100,000 per household… The ONS had net debt at £2.99 trillion at the end of June. July alone last year added more than £20 billion, enough to tip the…

Economy
Guido Fawkes5 Aug 2026

Citibank CEO Says Bank Tax Hike Will Kill Investment

The chief executive of the US’ third largest bank has said UK bank tax rates are worrying. And that’s before Burnham gets his hands on them… Jane Fraser is CEO of Citi and Scottish herself. She said in London today that UK taxation of banks was harsher than New York, Paris, Frankfurt, and Dublin, and…

Economy
Guido Fawkes4 Aug 2026

Taxpayer Shells Out Almost £30,000 for Sadiq Khan’s ‘African Business Summit’

The taxpayer has fronted tens of thousands for Sadiq Khan to host African businesses in City Hall after he flew to African countries last year for a ‘trade mission.’ Could all of this have been a Zoom call?Khan travelled to Nigeria, Ghana, and South Africa with eleven staff last year at a cost of over…

Economy
Guido Fawkes4 Aug 2026

Burnham’s Ministers Tell Lords: Wealthiest Will ‘Contribute More’

Burnham’s government is fleshing out its lines on tax ahead of the Budget, and already hinting at taxation of wealth. Asked about tax on working people by Tory peers, Labour ministers said in a written answer in Parliament: “Everyone is being asked to contribute to support these goals, but the Government is keeping the contribution…

PoliticsEconomy
Guido Fawkes31 Jul 2026

Budget Date Set for 28th October

A Halloween horror…

Economy
Guido Fawkes31 Jul 2026

Burnham Says Mayors Are ‘Misunderstanding’ Devolution Plan for Wanting to Give Out Tax Rebate

Andy Burnham has doubled down the government’s opposition to Tory mayor Ben Houchen and Reform mayors who want to issue tax rebates with the new income tax and business rates portion that they will be given. He told reporters: “This is not about allowing mayors to become a sort of mini-Chancellor of the Exchequer or…

Economy
Guido Fawkes31 Jul 2026

Tory Mayor Houchen to Defy Burnham’s ‘Ban’ on Tax Rebates

Tees Valley mayor Ben Houchen will offer a rebate to residents even if Labour says they won’t allow it. Burnham’s devotion to ‘devolution’ was exposed as a devotion to higher spending this morning as the government claimed new money given to mayors could only be used to spend more… The government says from next spring…

Economy
Guido Fawkes31 Jul 2026

Haigh Insists Tory & Reform Mayors Won’t be Allowed to Offer Tax Rebates In Devolution Scheme

Chancellor of the Duchy of Lancaster Louise Haigh has insisted that mayors won’t be able to offer tax rebates after receiving control over a part of income tax and business rate receipts collected in local areas. Devolution only goes one way… Haigh told Times Radio: “To my knowledge, Ben hasn’t developed a rebate scheme and…

Economy