You won't sum me up for your reply here
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The absolute loathing this government has for families and the obligations we should have between generations is devastating.
Let me get this straight. Work all your life building a business. Sell that business to a rando - charged at 24%. Try to pass it on to your family - charged at 45%. Genuinely insane telegraph.co.uk/politics/202…
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In other words: earned income, 24% tax rate; unearned income, 45% tax rate. What about the millions of families in which nothing is passed down to the next generation? Are they somehow less familial, or have they somehow failed in their obligations to their children?
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Again, when economic indicators were slowly improving despite US tarriff chaos and middle east conflict during Reeves as Chancellor, how did these premium outlets not recognise it? How are they surprised? It was clear we were moving in the right direction.
Optimism for government finances suggests we may want to consider at least partially correcting our assessment of the former chancellor thetimes.com/uk/politics/art…
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It cannot be beyond the minds of our greatest people to know that when it's hot and sunny, now, we should probably dig out reservoirs to as much extra capacity as we can. That way when it inevitably pisses down in winter for 3 months we have a greater capacity?
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You'd hope that whatever has been sat at the bottom of a drinking water reservoir isn't going to need millions spending on removing pollutants. Fine test it but I suspect spreading it on surrounding farmland would give the farmers some nice fertile soil.
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This is a very silly story.
There is no "plot" and no "raid". Just a hysterical misunderstanding of a technical consultation.
There *is* a real issue - but it's likely unintended and I expect it will fixed in the legislation.
A 🧵 on what's really going on
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In your example, why would you get a tax reduction to sell to your daughter? Isn’t that an example of why we’re in the worsening inequality mess we’re in today, because the wealthy constantly get a discount?
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Network Rail has commissioned 2 turn back sidings to the east and west of Manchester Victoria: Oldfield Road (£34.8m) and Brewery Junction (£34.3m). Driver training now starts. NR says benefits will come from May 2027 timetable. Brewery Jn siding should have OLE by spring 2027.
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How does Evri win these contracts?
They recently got in with Amazon:
- 25 years without a single delivery issue
- Evri join the chat
- all 5 of my last 5 orders have gone missing
You might as well refund me today @Gymshark 😅
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Timely findings from @TaxFoundation and @CPSThinkTank today given the headlines about taxing family businesses - we are steadily becoming a worse and worse place to create and pass on wealth cps.org.uk/research/a-wealth…
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🚨 NEW: John Healey is considering introducing income tax on parents who pass their business down to their children in the Budget
[@Telegraph]
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BREAKING: Labour Transport Secretary Heidi Alexander appoints Sir John Kingman to run ‘Great British Railways’, on a £250k salary - he has no railway experience but ‘did oversee Northern Rock’s nationalisation as Gordon Brown’s key advisor’ (@Telegraph) telegraph.co.uk/news/2026/10…
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Optimism for government finances suggests we may want to consider at least partially correcting our assessment of the former chancellor thetimes.com/uk/politics/art…
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The questions we have to keep asking, but never seem to: what kind of business activity can be done more cheaply, easily or effectively in the UK than elsewhere? And how do we ensure that the list grows rather than continuing to shrink?
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Same milk I buy at Sainsbury for £2 got to Lidl and saw it for 85p I’m struggling to understand if it’s the same milk or quality differs.
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This is not surprising.
1990 utilities sold cheaply to profiteers
Engineers were paid to retire
Skills devalued in GB for a generation
Rapid transition off fossils
And suddenly, constraints!!!
Who could have predicted it eh?
Now everyone is playing catch-up very sadly 😬
No seriously, someone needs to sort this mess out.
We’re paying to generate electricity, paying NOT to generate it, and paying AGAIN to replace it.
Actually we spent £505 MILLION in balancing costs in September alone! And the annual bill could reach £8 BILLION by 2030!
this is not the future of cheap energy 🤡
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I'll never understand people who, when offered a sweet, say 'No thanks'. What's that all about?
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Modern Britain is divided between those who still have a front garden and those who just have somewhere to put their car.
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The Russian bots follow and amplify each other, attempting to undermine the UK by promoting pro fossil fuel propaganda. But hard to tell the difference between them and @reformparty_uk supporters.
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