By David Milliken LONDON (Reuters) -Britain’s next government will find it near-impossible to stop tax levels approaching an all-time high, despite an election campaign in which both major parties have promised not to increase major tax rates. Labour leader Keir Starmer, whose party has a 20-point lead in opinion polls, set out a manifesto on …
UK politicians’ election pledges can’t stop rising tax burden Read More »
By Sinead Cruise LONDON (Reuters) – Private banks and advisers to Britain’s super-rich say some clients may quit the country if Labour wins next month’s general election and pushes ahead with plans to abolish tax protections on offshore wealth they wanted to pass to future generations. Keir Starmer’s Labour Party, which leads in the opinion …
Analysis-Super-rich may quit UK over Labour plans for inheritance taxes on trusts Read More »
By Aby Jose Koilparambil (Reuters) – Britain’s housebuilders are disappointed with what they see as a lack of radical measures to tackle the country’s housing shortage in the election manifestoes of both major parties, industry executives said on Thursday. At its manifesto launch, the Labour Party confirmed its plans to build 1.5 million new homes, …
UK housebuilders bemoan lack of new election housing pledges Read More »
LONDON (Reuters) – Dresses, suits, shoes and jewellery from the personal collection of late British designer Vivienne Westwood will go under the hammer this month in an auction aimed at raising funds for charity. More than 200 lots are being offered by Christie’s in London for the two-part “Vivienne Westwood: The Personal Collection” auction, made …
Vivienne Westwood’s clothes and jewels headed for auction Read More »
By William Schomberg LONDON (Reuters) – Any lingering hopes Prime Minister Rishi Sunak might still have for a pre-election interest rate cut will probably be dashed next week, when the Bank of England looks set to signal that lower borrowing costs await Britain’s next government instead. The BoE has been inching towards a first reduction …
Bank of England set to bury Sunak’s pre-election rate cut hopes Read More »
LONDON (Reuters) -Nigel Farage’s Reform UK Party overtook Prime Minister Rishi Sunak’s Conservatives in an opinion poll for the first time on Thursday ahead of Britain’s election on July 4. The poll by YouGov for the Times newspaper put Reform UK on 19%, up from 17% previously, and the Conservative Party unchanged on 18%. …
Reform UK overtakes PM Sunak’s Conservatives in opinion poll Read More »
LONDON (Reuters) – Britain’s greatest gymnast Max Whitlock said he was looking forward to his fourth and final Games with nothing to lose after being named in a 13-strong team for Paris on Thursday. The 31-year-old triple Olympic champion won gold in pommel horse at the Rio de Janeiro Games in 2016 and Tokyo 2020 …
Gymnastics-British great Whitlock heads to final Games, Downie returns Read More »
MANCHESTER, England (Reuters) – Britain’s opposition Labour Party, which is currently way ahead in opinion polls before an election next month, said it would reform parliament’s upper chamber to remove the right of hereditary peers to sit in the House of Lords. The grand, centuries-old ornate red and gold chamber in the Palace of Westminster …
UK’s Labour vows overhaul of parliament upper chamber if it wins power Read More »
By Naomi Rovnick LONDON (Reuters) – Britain’s opposition Labour party, which is predicted to win a July 4 election, on Thursday unveiled a manifesto pledging to keep spending tight, control sky-high debt, boost homebuilding and upgrade crumbling infrastructure. UK stocks and sterling have rallied ahead of the vote as traders see Britain being steadied by …
How Labour’s election pledges stack up for UK markets Read More »
LONDON (Reuters) – A British lawmaker and close aide to Prime Minister Rishi Sunak apologised on Thursday for a “huge error of judgment” after he placed a bet on when the country’s election would happen, triggering an investigation by the gambling regulator. The latest embarrassment for Sunak’s Conservative Party campaign followed a Guardian report that …
UK PM Sunak’s aide apologises for ‘error of judgment’ over bet on election date Read More »
