i Front Page 22nd of October 2024
Under the proposed Budget plan by Rachel Reeves, nearly nine million individuals, including teachers and nurses, are expected to be affected by a 40% tax rate due to frozen income tax thresholds extending to 2030.
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The i says the Conservative Party faces a “mortgage time bomb” amid pressure on the Bank of England’s Monetary Police Committee to raise the base rate by 0.5 percentage points when it meets on Thursday. The paper says its analysis has shown that so-called Blue Wall seats currently held by the Tories in the south of England would “take the biggest hit” from any hike and would likely be targeted by Labour and the Liberal Democrats at the next election.
i Front Page 21st of October 2024
The i highlights a former defence minister’s warning about a critical gap in the UK’s defence capabilities, which could impede its ability to defend against missile attacks.
i Front Page 19th of October 2024
Rachel Reeves plans to freeze income tax thresholds beyond 2028, potentially resulting in millions of workers paying more as salaries increase in line with inflation.
i Front Page 18th of October 2024
Labour ministers in the UK are expressing concerns over proposed public service budget cuts, accusing Downing Street of complacency, and highlighting the potential impact on government services.