In a speech hailing a ‘new era for the UK economy’, Kwasi Kwarteng unveiled the biggest tax cuts in 50 years. There will be a reduction in income tax and stamp duty on home purchases, as well as a cancellation … Continue reading Chancellor Kwarteng Promises “New Era” from his Mini-Budget
This weekend, the Queen’s gamekeepers will carry the oak coffin from the Balmoral Castle ballroom to a waiting hearse. Around 10:00 am, her body will leave Balmoral and make the six-hour drive to Edinburgh, which is more than 160 kilometres … Continue reading UK Royal Funeral Proceedings This Week
For decades, constitutional lawyers have debated whether Prince Charles on becoming King will be a reformist when he succeeds the Queen, and how involved he might become politically Specifically, his “spider memos” to government ministers, which gave evidence of his … Continue reading King Charles III: the Conventions that Limit Any Political Power
Making her debut speech in PMQ today, Prime Minister Liz Truss confirmed that she is not in favour of implementing Windfall Tax on Energy companies (thereby overturning a previous promise made by Rishi Sunak whilst he was Chancellor); preferring instead … Continue reading Truss Economy: No Windfall Tax; Public Borrowing and a Tax Cut for ‘Investment’?
Prime Minister Liz Truss is planning to borrow billions to limit the expected sharp rise in energy bills for households and firms. According to reports, the government intends to pay energy companies to subsidise prices, with customers no longer required … Continue reading UK Government Will Borrow to Subsidise Energy Companies
Live coverage from the Conservative leadership ballot, and the announcing the new Conservative Leader and Prime Minister. The two candidates are Rishi Sunak and Liz Truss. Graham Brady, the returning electoral officer for the 1922 Committee, has just announced that … Continue reading Live: Liz Truss announced as Britain’s Next PM
