If this deficit profile survives next year’s Spending Review, AND the 2024 manifesto tax pledges aren’t broken, then the UK government will deserve a lot of credit.
Doesn’t need experts. The cost of building the average UK house has risen 50% in 5 years - half of which is tax and regulation. Strip those back, volumes will follow.
One reason economic debate is so poor is that a “financial journalist” such as @paullewismoney can spread nonsense like this... 🙄
At best, this measures “gross margin” before accounting for the costs of running a bank; it is not “profit”. Nor is this an accurate representation of how Bank Rate or reserves actually work.
Believe it or not, budget hotels during the week around the UK aren't stuffed with cash rich tourists.
They're full of sparkies, contractors, businesspeople - hardworking people keeping the economy going, already unlikely to relish the somewhat joyless surroundings away from their families even before the government whacks a so-called tourist tax on their stay and, yet again, drives up the cost of doing business here.
The UK needs an extra 26,300 households (using the median tax figure) to replace the lost income to the exchequer from Chris Rokos leaving the country…all this ‘billionaire bashing’ and the Govt’s punitive tax policies have a real, and growing, cost to them
Having repeatedly taunted Rishi Sunak with suggestions he'd move to California after losing the General Election, Starmer himself is the one who cuts and runs. V apposite that his departure involves one final bit of shameless hypocrisy
One part of the UK - Scotland - has tried rent controls in recent years (Sept 2022 - April 2024) and during that period private rents grew at a faster rate than in England. Not a great evidence base to support the soundbite.
What's on Sunday's front pages?🗞️
@SkyGillian is joined on The Wrap by Millie Cooke, political correspondent at The Independent and political and PR consultant, Nathaniel Ogunniyi for a first look at tomorrow's top stories.
#PressPreview: https://t.co/Ke0h6RChLz
Man I'm so old I can remember when Nick Clegg thought that a political project that would take 10 years to come to fruition just wasn't worth the energy
What's on Sunday's front pages? 📰
@SkyGillian is joined by editor-in-chief of National World @NancyFielder and political and PR consultant @NathanOgunniyi for a first look at tomorrow's top stories.
#PressPreview ➡️ https://t.co/WcMjlAM1Bu
📺 Sky 501, Virgin 602 & YouTube
Another round of NHS strikes is no big suprise, and the NHS says they've cost £3bn over recent years.
A bit of chat on supermarket theft and swearing too.
Catch up @TimesRadio: https://t.co/ppvVDNxpgO
📻 Just discussed the Government's forthcoming priorities, around Iran and NHS strikes with @OtherTomNunan.
The war is unpopular with lots of the MAGA base, and Trump is clearly under pressure following the downing of a US F15 jet, so needs to demonstrate some wins ASAP.
We should be more free:
- Free to advertise food even if it does have sugar in it
- Free to drink through a straw even if it is made of plastic
- Free to build a home even if it does have large sash windows with no safety bars
We’re risking death by a thousand restrictions.
Ironically this Labour government banned advertising for chocolate and Pringles, but MPs can still create their own videos promoting them. Lucky PepsiCo!
"We're wasting all this energy, time, technology and thought going somewhere where there's nothing alive."
Guardian columnist Zoe Williams criticises the Artemis II moon mission in a discussion w/ @NathanOgunniyi and @SkyGillian on The Wrap.
https://t.co/PAiZ4D1jU3 📺 Sky 501