Andy Burnham Signals Possible Introduction of 50% Income Tax Rate for High Earners Thursday, July 2, 2026 incometax hmrc andyburnham taxpolicy higherrate labourparty fiscalpolicy devolution economicgrowth budget2024 Andy Burnham, the Labour Party’s prospective Prime Minister, has hinted at the introduction of a new 50% income tax rate for individuals earning over £125,140 annually. This new rate could replace the current 45% higher rate, … Read More
Rachel Reeves’ Inheritance Tax Changes to Cost Families £110,000 on £600,000 Estates Wednesday, July 1, 2026 inheritancetax pensions estateplanning labourparty rachelreeves financialplanning taxchanges blendedfamilies unmarriedcouples hmtc Rachel Reeves, soon to be replaced as Labour Party Chancellor, has confirmed a significant change to inheritance tax (IHT) rules that will come into effect in April 2027, impacting families across the UK. The new regulations … Read More
Rachel Reeves Confirms End of Working From Home Allowance Before Her Departure as Chancellor Tuesday, June 30, 2026 rachelreeves workfromhome taxrelief chancellor labourparty remotework hmrc taxincrease employerreimbursement ukpolitics Rachel Reeves has confirmed the imminent removal of the working from home allowance as she prepares to leave her role as Labour Party Chancellor. Following Sir Keir Starmer’s resignation, Ms. Reeves is widely expected … Read More
HMRC Personal Tax Allowance Bands May Change for State Pensioners, Says Labour Candidate Monday, June 15, 2026 hmrc personalallowance incometax pensioners labourparty andyburnham taxbands statepension triplelock dwp Andy Burnham, the Labour Party candidate for the Makerfield byelection, has voiced concerns about the negative impact of the government’s freeze on income tax bands for state pensioners. Highlighting feedback from … Read More
New UK Sick Leave Rule Cuts Waiting Period and Expands Coverage Wednesday, June 10, 2026 sickpay employment uklaw workersrights payroll hr legislation labourparty sickleave economy Starting 6 April 2026, the UK government introduces landmark changes to Statutory Sick Pay (SSP), delivering the most substantial upgrade to workers’ rights in decades. This new rule eliminates the three-day waiting period … Read More
Thousands of Fish and Chip Shops Face Closure Amid Rising Costs and New £3.50 Minimum Price Monday, June 1, 2026 fishandchips prices labourparty economy smallbusiness energycosts foodindustry netzero closures britain Households across England are bracing for sharper price hikes at fish and chip shops as rising costs strain small business owners. Steve Mathews, 59, who runs Britain’s cheapest chip shop, has been compelled to raise his … Read More