Kemi Badenoch pledges to abolish stamp duty Politics Tory leader Kemi Badenoch has pledged to abolish stamp duty on primary residences to help support people moving into their first home as she centred her speech on backing people wishing to “get ahead in life”. In a speech delivered to Conservative Party members at its Manchester conference, Badenoch said the Tories would cut stamp [...]
Will the Bank of England’s quantitative tightening torpedo Reeves’ fiscal rules? Economics Rachel Reeves is in a pickle. At under £10bn, the Chancellor’s self-imposed fiscal headroom – the Treasury’s wiggle room within its fiscal rules – is already wafer-thin by historic standards. And it is under intense strain, given a recent slew of billion-pound government spending pledges such as reversing winter fuel payments cuts and scrapping the [...]
How ‘twin deficits’ have fuelled turmoil in the gilt market Economics The sell-off eased slightly on Wednesday following positive inflation figures, but yields remain well ahead of where they were just a few weeks ago.
