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[Sharron Davies HoL MBE @sharrond62]

Manchester suffers steepest fall in living standards in England. The scrutiny will now come. https://t.co/M4WUdoWYU6

[The Telegraph @Telegraph]

Green energy tycoon Dale Vince has blamed Ed Miliband for the “toxification of net zero”, branding him unfit to become chancellor.

🔗:https://t.co/VRMZ2UepCw

[Andrew Neil @afneil]

ANDREW NEIL: I fear Andy Burnham is as ignorant as Keir Starmer on economics https://t.co/GVwy7hhnx8

[Mario Nawfal @MarioNawfal]

🇬🇧🇪🇺 UK paid up to 1,600% more for emergency electricity imports from Europe during the heatwave.

The grid operator had to beg the EU to lift limits and pulled in 2.3 GW at sky-high prices (£1,400/MWh) after solar underperformed and air-con demand surged.

Added £11M to bills in one night alone.

Heatwaves exposing the UK grid’s vulnerabilities big time.

Source: The Telegraph / Writer: Lucas

[Kevin Edger @KEdge23]

“Mark my words, Labour will raise your taxes”

“You name it, Labour will tax it”.

The Conservatives weren’t wrong.

[Politics UK @PolitlcsUK]

🚨 NEW: The UK has announced that interest on cash in Stocks and Shares ISAs will be taxed at 22%

[Kemi Badenoch @KemiBadenoch]

"I grew up on a council estate" is not an excuse for failure. You are sacrificing the future of generations of kids on the altar of your class envy -reversing even Labour's academy reforms.

0% of teachers think you're doing a great job. I'm not here to give you a pat on the back.
I speak for those people whose lives you're destroying and I'll NEVER stop speaking up for them.

[Sharron Davies HoL MBE @sharrond62]

Chasing away foreign investment & the top 1% of tax payers (who pay 30% in total) is the politics of envy, economic suicide & some would say economic illiteracy

[Konstantin Kisin @KonstantinKisin]

It genuinely amused me that people think replacing Starmer will make things better.

From Boris Johnson's election onwards, we've been shuffling the bollards on the Titanic.

You have to actually change direction if you want to avoid crashing into the iceberg:

- End Net Zero
- Make business viable again
- Get welfare under control
- Fund defence
- Ensure equality under the law
- Arrest criminals and keep them in jail
- Deport illegal immigrants and close the border
- Bring the civil service to heel

Burnham will become as unpopular as Starmer within months since he isn't going to do any of that.

[Andrew Griffith MP @griffitha]

Rachel Reeves is about to lose her job.

Let's hope she takes it with the same indifference she treated:

- Hospitality workers
- Farmers
- Shopkeepers
- Small businesses

[Dr Rahmeh Aladwan @doctor_rahmeh]

The first person in British history to initiate the private management of an entire NHS hospital was Andy Burnham.

[Bloomberg @business]

"If you don't want to be in hock to the bond markets, then you need to reduce your borrowing"

Opposition leader Kemi Badenoch tells @lizzzburden how the Conservatives plan to make the UK "investable" https://t.co/jEFJZcAKFR

[Visen Anenden @ChefVisen]

@RachelReevesMP 😂what a joke!

[LBC @LBC]

'The government has given with one hand and takes away with another!'

Former Chief Economist at the Bank of England Andy Haldane tells @NickFerrariLBC that a ‘fragile and febrile’ UK urgently needs a ‘giddy up’.

[Saul Staniforth @SaulStaniforth]

Peter Kyle: the plan is great

Naga Munchetty: have you seen the plan?

Kyle: no

Munchetty: So how do you know its great?

Peter Kyle: "Because I have faith in a PM.. to fund the plan & design a plan & lead a plan, of course & he is the PM that is fit for the moment we're in"

[Times Politics @timespolitics]

Labour’s net-zero ‘madness’ is destroying jobs, union boss says https://t.co/6y8nctIod1

[Visen Anenden @ChefVisen]

@StephenMorganMP Thank you AI for composing this for Stephen Morgan! It tells you everything about politics today, unable to compose his own argument!

[Cut My Tax @CutMyTaxUK]

Labour’s tax rises are killing Britain’s tourism industry & driving overseas visitors to France & Spain, British Airways CEO Sean Doyle has warned.

"The Government needs to look at tourism numbers into the country. We’re stuck at 37m, & we’ve got a target of 50m by 2030," he said.

“Unless we address the affordability issue, we’re not going to get there. If you look at France or Spain, they have absolutely shot past us.

“Our passengers are the most taxed in the world,” he said. “For a family of five coming into the country & travelling, it’s a huge penalty that they have to pay compared to what you pay in Europe.”

[Cut My Tax @CutMyTaxUK]

Tax allowances have been stuck in the permafrost, sometimes for decades, reports a study by the Association of Taxation Technicians

Absurdly the £3,000 annual gift exemption for inheritance tax purposes — hasn't changed since 1981. In today’s money it would be worth almost four times as much or £11,800

The inheritance tax threshold has been stuck at £325,000 for 17 years ago and is now frozen until 2031. If it had risen with inflation, it would be around £525,000, 60% more.

The rent-a-room scheme allowance has been frozen at £7,500 since 2016. It should be £10,500 today.

If the higher rate income tax threshold was not frozen at £50,270, it would reach £70,000 by 2030.

All these allowances and thresholds should be legislated with a built-in inflation adjuster such that they increase automatically in line with inflation each year.

US tax thresholds are raised automatically each year in line with inflation. That's a key reason why US thresholds are so much higher than British ones. You have to earn $640,600 in the US in order to pay the top income tax rate of 37%. In Britain, the figure is almost 10 times less. Here earn just $66,000 US dollars (£50,270) and you start paying a 40% tax rate.

[Alan Smith @AlanJLSmith]

“No new taxes on working people”.