But the top 1% of UK taxpayers now pay 33% of all income tax Everyone screaming tax the rich, but let that sink in That’s just 500,000 people contributing £93.8 BILLION in the 2024 tax year
A £150k earner pays £53,460 in tax
A £25k earner pays £2,486
It takes 21 people on £25k to contribute what one person on £150k does
So when Labour talk about ‘making the rich pay their fair share’, they already are
Keep hammering high earners, entrepreneurs & business owners, & they’ll KEEP leaving
Dubai, Monaco, Portugal are all rolling out the red carpet
And the budget looks like it will only get worse The UK doesn’t need higher taxes, it needs spending wastage cut, better incentives to build & invest & a full cultural shift AWAY from the politics of envy
@RachelReevesMP If productivity is down and the welfare bill is up it’s telling you people have no incentive to work. Increasing taxes further will make it worse.
@Peston If productivity is down and the welfare bill is up it’s telling you people have no incentive to work. Increasing taxes further will make it worse.
President Trump says he won’t he won’t mount tougher sanctions against Russia until Europe stops buying Russian oil and gas. Here are the facts:
In 2024, the European Union imported 54 billion cubic metres of gas from Russia, accounting for 19% of its total gas imports. For oil, the EU imported 13 million tonnes, representing 3% of its total oil imports, all of it to Slovakia and Hungary which continue to import Russian crude oil due to exemptions from an EU ban.
The value of Russian liquefied natural gas (LNG) imports in the first half of 2025 was €4.48 billion, up from €3.47 billion in the same period of 2024. Overall, EU imports of Russian fossil fuels in 2024 totaled €21.9 billion, a 6% drop in value but only a 1% drop in volume compared to the previous year.
These figures don’t include refined oil imports from India, the oil Russian in origin.
23 September 2025. I can’t send or receive a text message at home in Essex but they want me to believe they live streamed the moon landing in 1969. Fuck off.
What no-one is saying on #BBCBreakfast is that when we were in the EU, we could return asylum seekers to the first EU country they had arrived in. With Brexit, Britain lost that right.
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Why is Britain's national debt soaring?
In short: everything from govt splurging to the pensions triple lock to net zero and more besides.
👇Here's my 7 min primer on the terrors lurking beneath the UK public finances.
Warning: the final chart is genuinely quite scary...
23.7m in the UK claim at least one benefit, 9.9m of whom are working age. How can this not need urgent overhaul @UKLabour ? penalising hard working Brits and reducing what’s available for those who actually need benefits. It’s not sustainable and driving voters to @reformparty_uk
Trump is wrong on Ukraine but right on Europe. It is not America’s role to provide security guarantees for Europe so Europe can fund its welfare states. Europe should ensure Russia loses the war by funding its own security. It will require serious conversations and compromises.