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The Latest Breaking News on PM unveils five new pledges as he promises tax cuts ahead of Autumn Statement

Westminster failing to support homeowners with mortgage tax relief, Yousaf says

Ahead of a visit to Rutherglen and Hamilton West later today, First Minister Humza Yousaf has said

The National (Scotland)

'Taxing wealth rises like income would raise £170 billion a year', report says

THE UK could have collected £170 billion more in taxes every year from 2011 to 2020 if increases in wealth had been treated the same as income,…

The National (Scotland)

Birmingham's bankruptcy is only the tip of the iceberg – local authorities across England are at risk

The city of Birmingham has issued what is known as a section 114 notice. This signals that the council is unable to balance its budget, due to lack of financial resources.

The Conversation

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read the most diverse news in one place.

Starmer: Versions of Birmingham Council financial distress across the country

Birmingham City Council is to halt all new spending due to declaring itself effectively bankrupt on Tuesday.

The Independent UK

Run-up to general election marked by income stagnation, says think-tank

The current parliamentary term is on track to be the worst for living standards growth since at least the 1950s, the Resolution Foundation said.

The Independent UK

Labour throwing Scots ‘under the bus’ without new energy rebate, claims SNP

The party is calling for a wealth tax to fund help for lower income households.

The Independent UK

Stephen Flynn urges UK Government to reintroduce £400 energy rebate

THE UK Government should reintroduce the £400 energy rebate, the SNP ’s Westminster leader has urged.

The National (Scotland)

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Reintroduce £400 energy rebate this winter, urges Flynn

It comes after a report forecast prices could rise to £2,032.66 annually in January.

The Independent UK

Is Britain’s infrastructure failing?

“We need to talk about the dire state of British transport infrastructure.” So wrote John Burn-Murdoch, chief data reporter for the Financial Times (FT), on Twitter.

The Week

Why are so many local councils on the brink of bankruptcy?

As many as 30 councils are at risk of bankruptcy and the UK’s local government funding system is “completely broken”, according to a new survey of the sector.

The Week

Labour and Tories ‘out of step’ with cost of living concerns – poll

Labour viewed as better placed to tackle crisis but voters sceptical it is a priority for either party

The Guardian - UK

A letter has laid bare the scale of poverty in Britain – but will Rishi Sunak be moved?

Life’s essentials cost £120 a week, far above what benefits provide, says Guardian columnist Polly Toynbee

The Guardian - UK

The Guardian view on Tory MPs and tax cuts: the desperate demanding the delusional

Editorial: The Conservative fixation on shrinking the state is fiscally reckless and detached from political reality

The Guardian - UK

UK borrows £4.3bn in July as monthly interest hits new record

The deficit was slightly lower than the £5 billion forecast by City economists and some said it could give Jeremy Hunt scope for a limited tax giveaway

Evening Standard

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The Guardian - UK

Top UK CEOs handed 16% pay rise as millions of workers squeezed – as it happened

Data from the High Pay Centre thinktank showed FTSE 100 bosses collected an average £500,000 pay rise last year, taking their median pay to £3.9m

The National (Scotland)

GERS shows 'stark evidence of UK mismanagement of Scottish economy', says report

THE latest GERS figures provide “stark evidence” of the consequences of the UK Government’s mismanagement of the Scottish

Evening Standard

OPINION - Inflation: Is the worst finally over?

I can picture it so clearly – the words adorning a fridge magnet in my grandmother’s kitchen on Long Island, New York. You may know it as the Serenity Prayer:

The Independent UK

Tories will still leave households worse off despite potential inflation slowdown, says Labour

Labour accuses PM of overseeing a £350 increase in monthly bills for the average household

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The Guardian - UK

Tax cuts would put ‘scary’ UK finances in greater danger, warns top economist

Paul Johnson, of the Institute for Fiscal Studies, issues plea for honesty from Labour and the Conservatives about tax and spending choices ahead of election

The Guardian - UK

Help with UK energy bills unlikely this winter, suggests Grant Shapps

Energy secretary says government wants to focus on cutting taxes once inflation falls

The Independent UK

‘Unsackable’ Jeremy Hunt to remain chancellor as Rishi Sunak eyes ‘election-ready’ Cabinet reshuffle

Prime minister claimed to be seeking to build an ‘election-ready’ Cabinet

The Guardian - UK

Scotland able to spend more on public services after deal with UK Treasury

Agreement will allow Scottish ministers to double annual borrowing and borrow more for major projects

The National (Scotland)

Survey reveals major fears of UK voters over 'Westminster-made' cost of living crisis

The latest inflation figures show prices have risen by 7.9 per cent in June.

The National (Scotland)

Scottish islands cost of living fund handed £1 million boost

A FUND developed to mitigate the impact of the cost-of-living crisis on Scotland’s islands is to receive a £1 million boost.

The Guardian - UK

We’ve caught the distraction disease – we do anything to avoid the problems we face

Politicians aren’t the only ones to blame for a lack of focus on real issues, as culture war debates waste ever more of our time and energy

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