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The Latest Breaking News from Paul Johnson

New analysis proves Labour WILL impose austerity in power, SNP say

BOTH Labour and the Tories are signed up to implement “serious spending cuts”, the head of a leading economic think tank has warned.

The National (Scotland)

Conservative party manifesto: What will be Rishi Sunak’s key policies for the general election?

A guide to all the manifesto promises we could expect to see from the Conservatives before July 4

The Independent UK

I’ll welcome a Labour victory and a brighter future, but Britain deserves a better election than this

This is a contest in keeping with our political times. Too little genuine debate, too many key issues barely discussed at all, says Guardian columnist Polly Toynbee

The Guardian - UK

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Labour and Conservatives rule out VAT hikes amid row over tax plans

The chancellor accused Labour of secretly planning to raise VAT, while Labour accused the Conservatives of having a £71bn hole in their spending plans

The Independent UK

Rachel Reeves declares ‘I am ready’ to become chancellor

Labour’s shadow chancellor promised to ‘turn the page on chaos and decline’ under the Tories

The Independent UK

Police to take no further action over Angela Rayner allegations – as it happened

No further action will be taken after a thorough investigation into Tory allegations, Greater Manchester Police say

The Guardian - UK

Cult leader granted bail on child grooming charges

A self-professed prophet accused of grooming a young girl for years will face constant supervision including wearing an ankle bracelet once released on bail.

AAP

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Cult leader accused of grooming girl to be his 'queen'

A self-proclaimed cult leader accused of grooming a young girl for sex wants to be granted bail despite prior jail time for the abuse of two other girls.

AAP

Sunak warned unfunded axing of national insurance would harm services

Economists say making the policy an election pledge could cost £40bn, which is badly needed for health, education and elsewhere

The Guardian - UK

IFS warns of Labour and Tory ‘conspiracy of silence’ over future tax and spending plans

Toughest outlook for public finances for 80 years means next government must find tens of billions in cuts or tax rises, says leading thinktank

The Guardian - UK

Hunt’s £20 billion Budget shortfall leaves scrapping national insurance for the birds, warns the IFS

Top economist Paul Johnson says both Tories and Labour need to be more transparent about painful choices ahead

Evening Standard

Woman wants to plead guilty over teen's bashing murder

A woman charged with the murder of teen Jason Galleghan has said she wishes to plead guilty after hearing evidence in a judge-only trial over the brutal crime.

AAP

‘It makes moving pointless’: why stamp duty is the biggest downside to downsizing

Many older people in large homes would like to release them to growing families, but the financial hit can be huge

The Guardian - UK

'End of an era': the last Molycop steel-makers work final shift

The company cut 250 of 540 jobs at the Waratah plant.

Newcastle Herald

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The Guardian - UK

Brexit’s pint-sized ‘benefits’ are a measure of its failure

Wine in imperial measures, we are told, is ‘what leaving was all about’, while the UK struggles outside the single market

Newcastle Herald

'Nothing lasts forever': last shift for Molycop bar mill workers after decades

'It's a sad day, but it's all part of life, nothing lasts forever.'

The Guardian - UK

Scottish ministers cut spending on free university places

Universities Scotland says £48.5m cuts will lead to ‘hard choices’ next year

The Independent UK

Hunt budget means spending cuts will be even more painful than austerity era, top economists warn

Public sector cuts will be ‘more painful’ than under Cameron and Osborne, says IFS – accusing Hunt of leaving ‘mother of a headache’ for next government

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Evening Standard

Jeremy Hunt's Autumn Statement still leaves hundreds of pounds shortfall for workers despite tax cuts

Number crunching shows mixed picture despite Chancellor's claims

The Independent UK

Hunt’s tax cuts based on ‘implausible’ public spending squeeze – think tanks

Economists said the Chancellor’s tax reductions will not prevent this from being the ‘biggest tax-raising’ parliament in modern times.

The Guardian - UK

OBR halves UK growth forecast and warns inflation will exceed 2% target until 2025

Despite £27bn windfall for the autumn statement, government forecaster warns of generally more difficult outlook until 2028

The Independent UK

Rishi Sunak says tax cuts on the way ahead of autumn statement

Chancellor Jeremy Hunt forecast to cut national insurance – as PM promises to ‘reward work’

The Independent UK

Rishi Sunak: It’s time to cut tax to grow Britain’s economy

Chancellor Jeremy Hunt said to be ready to cut national insurance – as PM promises to ‘reward work’ and boost growth at autumn statement

The Independent UK

Water charges ‘would be biggest revenue raiser by far in Northern Ireland’

The move could bring in £350m million per year, the Northern Ireland Affairs Committee was told.

The Independent UK

UK economy in ‘horrible’ bind with no room for tax cuts as recession looms – IFS

Britain is heading towards a recession next year as borrowing costs stay elevated, the IFS warned in its latest Green Budget.

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