General Election 2019: Labour pledges 20 per cent property tax for foreign buyers November 23, 2019 Labour has pledged to put an extra 20 per cent levy on foreign companies buying property in the UK. The party has said it would charge firms and trusts from abroad looking to buy properties an additional 20 per cent on top of existing stamp duties and surcharges. Read more: General Election 2019: Jeremy Corbyn [...]
General Election 2019: Jeremy Corbyn to remain neutral in second Brexit referendum November 23, 2019 Jeremy Corbyn has confirmed that Labour will remain neutral in a second referendum on Brexit. Speaking on the BBC’s leaders debate on Friday night he said he would not campaign for Leave or Remain should he become Prime Minister. First on stage, Corbyn faced a number of questions on his social policies, with one person [...]
General Election 2019: What we know about the Conservative Party manifesto November 22, 2019 This weekend the Conservative Party manifesto is expected to launch ahead of the general election on 12 December. Jeremy Corbyn unveiled Labour’s manifesto on Thursday following on from announcements by the Lib Dems and Green Party earlier this week. The Brexit Party is due to reveal its policies later today. It will leave just the [...]
General Election 2019: Twitter ban on political ads comes into effect November 22, 2019 Today is the first day of Twitter’s political ad ban, less than a month out from the general election and a year ahead of the 2020 US presidential election. The social media firm revealed last week that it’s ban would include all mentions of political candidates and legislation. All three leading parties – Conservatives, Labour [...]
General election 2019: Shadow chancellor John McDonnell defends Labour’s tax plans November 22, 2019 Labour’s shadow chancellor John McDonnell has this morning defended his party’s plans to reverse corporation tax cuts and increase tax on high earners. McDonnell was grilled on BBC’s Breakfast show regarding the suggestions from the Institute of Fiscal Studies (IFS) that such changes would affect all individuals. The 68-year-old said there was “no evidence” that [...]
General Election 2019: Tories to up stamp duty for non-UK residents November 22, 2019 Foreign residents will be slapped with a higher rate of stamp duty than UK home-owners under a Conservative government, as part of efforts to tackle the country’s housing crisis. A three per cent surcharge will be levied on companies as well as individuals buying property who are not UK tax residents, the Tories will announce [...]
Oil industry reacts to Labour’s new £11bn tax pledge November 21, 2019 A controversial Labour pledge to raise up to £11bn from a new levy on oil and gas companies to help retrain 37,000 workers in the industry to “make the transition to a clean economy” has met with fierce criticism from industry bodies. Jeremy Corbyn revealed the tax at the launch of the Labour manifesto in Birmingham earlier [...]
Hey, big spenders: Conservatives rake in cash during first week of election campaign November 21, 2019 Conservatives have raked in more than £5.6m in party donations during the first week of the election campaign, Electoral Commission data has revealed. The Labour party meanwhile scraped together just £218,500 – meaning that the Tories received £25 for every £1 sent to Jeremy Corbyn and co. Even the Liberal Democrats and Brexit Party out-fundraised [...]
General Election 2019: City urges rethink over Labour’s ‘hostile’ manifesto November 21, 2019 City figures have urged Labour to reconsider its combative position towards business and the City after Jeremy Corbyn revelled in the “hostility” his new manifesto would bring. Corbyn unveiled his “radical” vision for a Labour government this morning, with a document setting out the details of how the party would pay for its spending spree, [...]
Labour’s ‘self-destructive’ manifesto will drive billions away from UK, business groups warn November 21, 2019 Labour’s “self-destructive” manifesto will drive billions out of the UK, leaving everyone in the country poorer, business groups, lawyers and think tanks have warned. Jeremy Corbyn unveiled his “radical” vision for how a Labour government would tackle inequalities in Birmingham earlier today. Among the changes revealed in the manifesto in order to fund £83bn of [...]