Author: LoveWorld UK

Kwasi Kwarteng rolled the dice on the country’s future today by unveiling an extraordinary swathe of tax cuts in a bid to end the UK’s ‘cycle of stagnation’. In a dramatic ‘Emergency Budget’, the Chancellor abolished the top rate of tax for high-earners, and brought forward a 1p cut in the basic rate of income tax to next April. Mr Kwarteng reversed the national insurance hike, as well as scrapping a huge planned increase in corporation tax from 19p to 25p and limits on City bonuses. Stamp duty is being ditched for values up to £250,000, with first time buyers…

Cuts to the top rate of tax, national insurance, and stamp duty were announced by the government. A 1p tax cut planned in the basic rate of income tax for 2024 will be brought forward to 2023, and the top rate of 45% is being scrapped, so the highest rate will be 40%. A national insurance rise of 1.25% will be cancelled, saving households £330 a year. Stamp duty thresholds will be increased, cutting the tax paid on purchasing homes. The £500,00 threshold will rise from £500,000 to £650,000. He said the cuts would be permanent. Promising a new era…

If this was Kevin De Bruyne when he is bored, then Belgium’s World Cup opponents would be right to quiver at the prospect of the damage he could do when he is in the mood. De Bruyne recently told how he had grown tired of playing Wales – this was the ninth meeting between these sides in the past 10 years and the fourth in the past 18 months – but he scored a sumptuous goal and set up another for Michy Batshuayi to put them en route to a Nations League victory. Things looked ominous for Wales at the interval given Belgium should…

A U.S. judge appointed as a special master in the legal battle over records held at former President Donald Trump’s home said on Sept. 20 that he prefers not to see the materials marked classified that were seized by FBI agents. “Let’s not belittle the fact that we are dealing with at least potentially legitimately classified information. The government has a very strong obligation, as all of us, to see it to that that information doesn’t get in the wrong hands,” U.S. District Judge Raymond Dearie, a Reagan appointee, said during a hearing in federal court in New York City. “It’s not just…

Two games sit between Scotland and the latest chapter of their redemption story at international level. Victory over Ukraine, with plenty to spare after a superb second-half showing, catapulted Scotland to the summit of their Nations League section. Two points from their closing two games – the Republic of Ireland are in Glasgow on Saturday before the Scots face Ukraine, again, in Krakow on Tuesday – would seal top spot in group B1. Ukraine’s football team continue to do their nation proud amid tragic circumstances at home but they were a clear second best here. For Scotland, against such credible opposition, this was…

The first hospital in the United States to mandate all its health care workers get the COVID-19 vaccine has quietly decided not to require the updated booster shot after facing staffing shortages, according to an internal email obtained by The Epoch Times. Houston Methodist Hospital in April 2021 announced it was mandating the vaccine. The hospital fired hundreds of employees who refused to get the original vaccines, and later mandated booster shots. But in the new email, the hospital’s chief physician informed employees that they will not be made to get the newest boosters, which are produced by Pfizer and Moderna and aimed at the…

The boss of Transport for London, Andy Byford, has resigned, after just over two years in the job. His departure from the £355,000-a-year role of commissioner was announced on Tuesday morning, days after TfL had managed what Byford called its biggest ever challenge – the logistics around the Queen’s funeral. TfL said Byford was leaving to return to the US, where he previously ran New York’s transport. Andy Lord, TfL’s current chief operating officer, will become commissioner on an interim basis from 25 October. The decision comes weeks after TfL had secured a longer-term funding settlement from central government to help it manage the loss of…

Former First Lady Melania Trump felt “very violated” after FBI agents raided her Mar-a-Lago home last month, according to former President Donald Trump. “She felt very violated. I mean, this is a terrible thing. They go into her closet, they go through her dresses, and who knows what else, and it wasn’t left the way they found it,” Trump told Newsmax in a phone interview on Sept. 20. Trump added, “I didn’t walk into mine and say, ‘Oh, this is exactly so nice, the way they put it back.’” The former president, who was in New York City when the FBI raided Mar-a-Lago…

Members of the Bank of England’s interest-rate setting body should be appointed by the devolved administrations and by English MPs in order to counter groupthink, a former member of Threadneedle Street’s monetary policy committee has said. David Blanchflower said the committee was dominated by people with little knowledge of the “real world”, and greater diversity of thought was needed to ensure the interests of ordinary people were reflected. Blanchflower, a member of the MPC during the global financial crisis of the late 2000s, said in a proposal co-authored with his fellow economist Richard Murphy that membership of the committee needed…

Businesses have been given an emergency package of government support including a cap significantly reducing the price paid for energy from 1 October to help them get through the winter. The government has stepped in to discount wholesale power prices for companies, charities and public sector organisations, including schools. Under the plan, they will be given support for six months to protect them from soaring bills. Further support will be offered to companies in vulnerable industries after that. On announcing an energy support package earlier this month, Liz Truss said the government would “launch a new scheme for all non-domestic customers…