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The Latest Breaking News from SMF

High-street slot machines and casinos could face £460m tax rise under Burnham

Thinktank finds 43% of the public would support a move by Labour to raise taxes on adult gaming centres

The Guardian - UK

Makerfield by-election voters ‘heavily targeted’ with misinformation and AI fakes

Research found there has been a 19-fold increase in misinformation across four Facebook groups

The Independent UK

UK defence spending plan ‘well short of what’s required’ and harder choices needed, says John Healey - as it happened

Ex-defence secretary John Healey and ex-defence minister Al Carns have given resignation statements to MPs

The Guardian - UK

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Let young Britons access state pension early and retire later, think tank urges

Those under 40 could withdraw a £12,500 lump sum under the proposals

The Independent UK

‘Killer of trust’: social media groups fuel misinformation in UK, report finds

Investigation reveals more than 4.4 million people live in ‘news deserts’ that lack dedicated local reporting

The Guardian - UK

Almost half of parents say feeding their children is harder than five years ago, shock survey reveals

An estimated 4.2 million children will still be in poverty by 2029, official analyis shows

The Independent UK

Key gambling reform campaigner calls for pause to controversial affordability checks

Dr James Noyes, one of the key early advocates of affordability checks for online gamblers, has joined calls the culture secretary, to pause their implementation

The Guardian - UK

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Free pension ‘health checks’ could aid UK savers’ retirement plans

More than two-fifths of full-time workers with pensions had never changed their own contribution levels

The Independent UK

Calls for free pension health checks to avert ‘retirement under-savings crisis’

Health checks should be integrated into pensions dashboards to help turn awareness of low savings levels into action, a report is urging.

Evening Standard

Racing celebrates ‘Axe the Tax’ Budget campaign victory after Reeves spares sport

Racing celebrated its ‘Axe the Tax’ Budget campaign victory on Wednesday after Rachel Reeves left the rate of duty on betting on the sport unchanged

The Guardian - UK

North Sea plan allows drilling while enabling Labour to keep ‘no new licences’ pledge

‘Tiebacks’ will permit small amount of new fossil fuel extraction, but campaigners want bolder strategy

The Guardian - UK

Will pay-per-mile raise Reeves money or drive people away from electric vehicles?

Need for new road taxes is clear – but there are concerns that pricing plan could stall transition away from petrol

The Guardian - UK

How could Reeves hit gambling firms – and are they fearmongering over impact?

Chancellor is expected to increase duties bookies and casinos pay, ending months of speculation and lobbying

The Guardian - UK

MPs urge Reeves to raise gambling taxes despite ‘scaremongering’ from firms

Treasury select committee calls for higher duties on most addictive forms, such as high-street slots and online games

The Guardian - UK

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The Guardian - UK

Trainers’ chief backs radical alternative to government’s gambling tax plan

The National Trainers’ Federation gave its ‘full backing’ to proposals for a big rise in tax rates for operators of online casino games

The Guardian - UK

UK gambling industry launches summer charm offensive to head off tax rise

Exclusive: Lobbyists meet with ministers, and host a darts night with Labour advisers and MPs’ staff

The Guardian - UK

Britons lacking good public transport more likely to feel lonely, UK study finds

Research finds correlation between car dependency and loneliness, particularly in rural towns

The Guardian - UK

Horse racing leaders break ranks to push for higher taxes on online casinos

Split in gambling lobby emerges as senior racing figures oppose level taxes and flag dangers of online casinos

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The Guardian - UK

Areas receiving levelling-up funds show smaller Reform UK vote share, study finds

Analysis suggests prioritising projects that give quick local results may hold back support for populism

The Guardian - UK

Let’s not leave the baby-making debate to Musk and Vance – the left has a stake in this too

Rightwingers calling for higher birthrates may be disturbing, but having children is the ultimate gesture of confidence in the future for us all, says Guardian columnist Gaby Hinsliff

The National (Scotland)

Scotland can lead data centre boom – if UK brings in zonal pricing, tech giants say

A REPORT backed by tech giants has urged the UK Government to reform the energy market to encourage a data centre boom in Scotland ...

The Guardian - UK

Tech firms call for zonal electricity pricing in UK to fuel AI datacentres

Report urges ministers to overhaul market to increase rollout in areas that have ample power generation

The Guardian - UK

Rachel Reeves ‘missed opportunity’ to raise £900m from online casinos

Labour’s links to gambling industry questioned again after decision not to raise tax rate for online gaming

The Guardian - UK

Arena Racing CEO urges reform to save racing from gambling tax fallout

With the Treasury eyeing the gambling industry for additional tax revenue, arguments have increased on how best to bolstering British horse racing

The Guardian - UK

Shares in UK gambling firms fall £2bn amid talk of higher taxes in budget

Thinktank reports saying sector should be hit with extra £900m to £3bn in levies prompt market selloff

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