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South East, England, UK
Sam R retweeted
My god look what is happening in France!!🇫🇷
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Sam R retweeted
Rachel Reeves has been named the worst chancellor in recent history in an AJ Bell poll of 2,000 people. This is not surprising given that she lied her way into office and continued lying thereafter. “There is nothing in our plans that requires any further increases in taxes, I have confidence in that. Voters can have confidence,” she told Sky News before the election. “We put out the limited tax increases that a Labour government will introduce and people can be confident that we will not be going further than that … that there are no further increases in tax that we are planning nor that we need to fill any black holes.” Hilariously she said that "I want to lead the most pro-growth, the most pro- business Treasury that our country has ever seen." That was just before she slammed business with the largest tax hikes seen in decades.
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The European Commission has rolled out an alternative to Microsoft Teams. But officials using it aren't impressed, with one describing the tool as “absolute shit.” vist.ly/5kje9
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Sam R retweeted
Latest figures show that record number of workers abandoned high-tax Britain last year. In 2025-26, 69,300 taxpayers told HMRC they were leaving Britain after filing a P85. The annual figure has risen by more than 30,000 since Labour were elected in 2024. Neela Chauhan of accountancy firm UHY Hacker Young said that increasing numbers of people had decided they could get a better tax deal abroad. She stressed that “That’s as true for working people who do not consider themselves wealthy as it is for business owners. The Government must remember that increasing taxes will push more people to leave the country.” Ed Wood of wealth manager Rathbones, said: “If there are no alarm bells going off in the Treasury at these numbers, then there should be. “There is a big budget deficit, the Chancellor doesn’t have anything to play with, and yet taxpayers are leaving. The country cannot afford to be pushing them out.”
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Sam R retweeted
London property prices are crashing and the numbers are shocking In prime central London, the falls are brutal Just 15 years ago London was booming & everyone from all over the world was fighting to get property in the capital Now all the millionaires & billionaires are leaving, prices are crashing, & local businesses are closing down Mayfair sold prices down 50 to 60% year on year Kensington & Chelsea down 40 to 50% Belgravia & Westminster seeing 10%+ yearly drops London used to be the best property market in the world. Now it’s leading the collapse as it ripples out Brutal, yes, but prime central London is finally cheap enough to buy Will you invest or leave the UK like so many others?
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Sam R retweeted
Labour are incompetent. Their economic mismanagement has caused all this. Increasing taxes on jobs, businesses, and workers, whilst pushing up benefits and scrapping the two child benefit cap. We need a serious party in government, not these clowns and circus in power.
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Sam R retweeted
Labour are planning to drop the threshold for their so-called mansion tax from £2m to £1.5m. This will be highly negative for those with properties in the £1.5m & above bracket, but it will also badly affect many others. Firstly inflation will bring properties worth over £1.2m into the scope of the tax. House price inflation over the last 10 years was 25.8%, roughly 2.3% a year compounded. If prices rose by another 25.8% over the following ten years, a property worth only about £1.19m today would be worth £1.5m in 2036. That means roughly another 200,000 properties will be drawn into the tax over the next ten years. Of course Labour are quite likely to drop the threshold even further. Their new tax hasn't even started yet and they're already reducing the threshold. They are quite likely to cut it further. A Labour MP has told the FT that "anyone in the £1m to £1.5m bracket would immediately feel at risk. Then you are talking about pretty much every non-flat home in Zones 1 to 3". All this will have a chilling effect on house prices and housing transactions. But that's far from all. A £2,500 charge applied at a value of £1.5m will reduce house prices at that level by at least £50,000. People whose houses are worth £1.2m and above will do all they can to avoid getting into the above £1.5m bracket. That means abandoning any significant renovation.... 1/3
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Sam R retweeted
Hiking capital gains tax to 45% would be possibly the most moronic policy yet adopted by Labour. They seem unable to get it into their thick heads that this would result in a significant reduction in tax revenues. Capital gains tax is a voluntary tax, only levied when people choose to sell an asset for a gain. If Labour hugely hiked the rate people just wouldn't sell. HMRC itself has made clear that raising CGT to 45% would result in a reduction in revenue of at least £7 billion.
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Sam R retweeted
The Federal Reserve raised interest rates for the first time in three years from 3.5%-3.75% to 3.75%-4% "The plain fact is inflation is too high, and has been for too long," said Fed chairman Kevin Warsh
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Rishi Sunak warned us. “Your work, your car, your pension. You name it. Labour will tax it.” Labour's Granny Tax means pensioners living on just the State Pension face a tax bill for the first time. Labour will tax everything.
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As always, Labour is wrecking the economy. Since they took power, the private sector has lost over 350,000 jobs. At the same time, Labour have hired 100,000 more into the public sector. Gosh, I wonder what will happen to our taxes now? Labour will raise your taxes again.
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Sam R retweeted
Latest employment data from the ONS shows continued growth in the size of both the public sector and public sector pay, accompanied by a shrinking of the private sector. Extracts below: "Annual average regular earnings growth was 6.3% for the public sector & 2.9% for the private sector. Employment in the public sector was estimated at 6.21m in June 2026, with an increase of 11,000 compared with March 2026 The estimated number of workforce jobs in the UK was 36.7m in June 2026. This is a decrease of 48,000 from March 2026, with decreases of 43,000 in the self-employment jobs component and a decrease of 10,000 in the employee jobs component. The estimated number of workforce jobs in the UK was 36.7m in June 2026. This is a decrease of 48,000 from March 2026, with decreases of 43,000 in the self-employment jobs component and a decrease of 10,000 in the employee jobs component. Estimates for payrolled employees in the UK fell by 101,000 between July 2025 and July 2026 The estimated number of vacancies in the UK decreased in the latest quarter. Feedback from our Vacancy Survey continues to suggest that smaller firms may not be recruiting because of increases in labour costs."
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Sam R retweeted
Public sector wages are rising faster than prices. A good return for all that money public-sector unions bunged Labour. Private sector wages are NOT rising faster than prices — and that’s a far bigger sector. If workers in the private sector bunged Labour a lot of money would they get bigger pay rises too?
📈🎉 Real wages are rising 📈🎉 Pay is growing faster than prices, and faster than last quarter. When workers have more cash, they spend more. And more spending means more growth.
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I will not be giving anymore money to the NSPCC. I do not believe their first priority is child safety based on this 👇🏼 & several other examples over the last few years. Time for serious change inside the organisation
Fury as NSPCC say male teachers can supervise girls in changing rooms trib.al/ilToTDN
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Labour are recklessly pressing ahead with a Tourist Tax that will put THOUSANDS more jobs at risk.
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Sam R retweeted
“And some pigs were more equal than others.”
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Sam R retweeted
Labour's new tax is not a foreign tourist tax. It's a holiday tax that will be charged overwhelmingly on British people. The vast majority of visitors are British - at least 80%. Brits took over 89m overnight trips in England in 2024 & stayed for a total of 255m nights. UKHospitality estimates the tourist tax will cost the British public up to £518m. A 5% overnight levy such as that planned by Labour mayors would take the combined tax on hotel rooms to 27%. That's hugely unfair & uncompetitive compared to other European countries where the average VAT rate on hotel rooms is 9.7%. 1/4
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Sam R retweeted
CITYAM - John Lewis posts £120m loss as Labour tax raid ‘pushes up costs’
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Sam R retweeted
I’m sorry, but £408 for Glastonbury is a complete scam In 2000 it was £87. Even with inflation, it should be £160 Add food, fuel, & travel, and you’re dropping £700+ to sleep in the mud & listen to sh*t music Everything in the UK is getting more expensive & lower quality How are people accepting this? Nothing in this country makes sense anymore
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Sam R retweeted
The decision of top taxpayer Chris Rokos to move to Greece is actually a much more serious threat to Britain's finances than earlier thought. The FT reveals that it's part of a Greek strategy to attract whole firms to Greece, not just individuals, & that Rokos Capital Management is setting up in Athens. 3 months ago Greece introduced incentives to attract private equity and hedge funds. Qualifying executives who relocate to Greece pay a 5% tax on bonuses & carried interest — investment managers’ profits on successful deals. The equivalent rates in the UK are 47% and 38%. Greece is making an effort to attract such firms. Britain is pushing them away.
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