Labour’s driving law changes set to have big impact on Britons – Fuel duty, car insurance and more

Britons are bracing for a number of major legislative changes in the coming years, following Labour’s landslide victory in this week’s general election. Keir Starmer dominated the vote, winning 412 seats in a stunning election campaign that saw the Conservatives lose 250 seats and Rishi Sunak ousted as prime minister. With Labour set to take … Read more

How a Labour government could affect your pension

The Labour Party has won the general election by a large margin and now everyone is waiting to see whether the party will deliver on its promises. The party made a number of promises to protect people’s pensions and improve the situation for savers if Sir Keir Starmer were given the keys to Downing Street. … Read more

Markets react to Labour election win as focus shifts to interest rates

New Labour Prime Minister Keir Starmer will make his position known during the Speech from the Throne on July 17. (REUTERS/Reuters) The Labour Party won a landslide victory on Thursday night, taking the British Parliament to 412 seats by Friday afternoon. Eleven members of the outgoing Conservative government lost their seats, in a defeat for … Read more

Labor wants to scrap ban on gas boilers as heat pumps roll out: ‘We are in a cost of living crisis!’

The existing ban on gas boilers in favor of heat pumps will be scrapped if the Labor Party wins the general election, Shadow Energy Minister Ed Miliband has said. Heat pumps are considered a viable option to reduce energy bills and achieve Net Zero targets. Currently, the Conservative-led government has pledged to phase out traditional … Read more

Why lawyer Keir Starmer could struggle to restore the city’s swagger

Painful new taxes were introduced under the Conservatives. The bank levy brings in around £1.5 billion a year to the Treasury. The bank surcharge, introduced to prevent lenders benefiting from corporate tax cuts, has raised £2.5 billion in the 2022-2023 period, although that revenue is declining now that corporation tax has risen again. Matthew Lesh … Read more

Pubs are set to get a boost as Labor promises to stop drinks venues closing and hints at a beer tax freeze

LABOR last night promised new powers to protect drinkers threatened by closure – and hinted beer duty will be frozen. Shadow Chancellor Rachel Reeves unveiled a five-point plan to save traditional pubs. Labour’s Rachel Reeves unveiled a five-point plan to save traditional pubsCredit: Darren Fletcher The Shadow Chancellor with sunman Ryan SabeyCredit: Darren Fletcher It … Read more

Britain will pay a high price for Labour’s Net Zero fanaticism

Britain will pay a high price for Labour’s Net Zero fanaticism

“Families and businesses will have lower bills forever.” That is a promise the Labor Party will make to the British public when it comes to power. One of Labour’s six ‘missions’ for the government is to make Britain a ‘clean energy superpower’ by 2030, investing in wind, solar and carbon capture and energy storage. Great … Read more

The red tape will cost British businesses billions

Labor plans more than 60 regulatory increases that would saddle businesses with tens of billions in extra costs, an analysis shows. The Institute for Economic Affairs (IEA) said Labor would increase red tape in a range of areas, from accelerating the ban on petrol cars to imposing energy efficiency standards in rental properties. In a … Read more

Car insurance prices plummet under new car plans – ‘Labor is the only party that is really on the side of the drivers’

Labor has pledged to cut car insurance costs for millions of motorists, tackle the UK backlog and improve infrastructure development. In its latest manifesto, the Labor Party has cast itself as the party on the side of drivers, aiming to make major progress on several factors it claims the Conservatives failed to address during their … Read more

Escape Starmer’s inheritance tax heist by giving the house to children

The push could increase if the Labor Party takes action potentially less than six weeks after taking power. When Tory Chancellor Jeremy Hunt proposed an IHT cut in the run-up to the election earlier this year, Labor leader Keir Starmer said he was “fundamentally opposed” and would reverse any cut as Prime Minister. Many within … Read more