Households in colder areas could get more help to pay energy bills
Other measures under consideration include a boost to the Winter Fuel Payment, which helps pensioners pay their bills, and a cut to the green levy customers pay…
We must call off Rishi Sunak’s tax rises before they wreck the recovery
After two years during which it seemed as if the Chancellor had a magic money tree that could find the cash for furlough schemes, soft loans, and…
‘Stealth tax’ to hit one in six Britons as inflation surges
The energy price cap is expected to increase by as much as 50pc in April, the same month as the Chancellor’s hike in national insurance contributions comes…
Gas is the only answer to our self-imposed energy crisis
Like Germany and Japan in 1944 or Sir Edward Heath in 1974, Boris Johnson is discovering the hard way that there is nothing so vulnerable as a…
A fiscal misstep
One of the perversities of the current period of elevated inflation is that the Government is set to benefit financially. A phenomenon known as “fiscal drag” will…
One million to be pulled into higher rate of tax
An increase in national insurance of 1.25 percentage points will kick in in the same month, costing the average worker £255 a year. Mr Johnson, the IFS…
Jacob Rees-Mogg tells Chancellor to abandon rise in National Insurance amid cost of living crunch
The 1.25 percentage point increase in National Insurance will cost middle-earning households around £300 a year and much more for richer households, according to analysis by the…
The chaos inspired by Whitty, Sunak and Co is destroying local venues like mine
Last weekend and this week should have been the busiest period of the year at the venue I manage, The Clapham Grand in south London. Between last…
Rishi Sunak drops Californian Christmas holiday plans to tackle omicron crisis
Rishi Sunak planned to spend Christmas in California with his family until omicron cases began surging in the UK, The Telegraph can disclose. The Chancellor had been…
King James II portrait in Downing Street ‘under review’ for slavery links
A James II portrait newly displayed in 11 Downing Street is “under review” over links to slavery. The portrait of the king was installed in the drawing…
Rishi Sunak urged Boris Johnson not to ‘blow up’ talks with EU on NI protocol before Christmas
Under this new staged approach, the UK will still push to resolve issues with customs and border checks in the province, which are fuelling trade disruption with…
Inflation surge piles pressure on Bank to raise interest rates
David Miles, the incoming head of macroeconomic analysis at the Office for Budget Responsibility, warned that delaying interest rate rises again could let inflation become embedded in…
Prepare to bring back furlough, IMF tells Rishi Sunak
Mike Cherry of the Federation of Small Businesses said: “The execution of Plan B in England has already dampened consumer appetite for festivities. It also means a…
New Covid rules threaten recovery as companies ponder their own ‘Plan B’
Allan Monks, an economist at JP Morgan, says the direct impact of the restrictions is likely to be small, but the duration will be crucial. The Government…
Rishi Sunak warns Cabinet: ‘NHS must provide value for money’
The Chancellor spearheaded warnings at Cabinet this week that extra cash being poured into the NHS must achieve value for money by boosting its performance. Rishi Sunak…
Action on NHS waiting lists expected as omicron variant lands
New measures to counter the surge in NHS waiting lists are expected to be announced this week as the possibility of fresh restrictions to tackle the omicron…
No new money for Boris Johnson’s ‘levelling up’ agenda as Rishi Sunak turns off the tap
Rishi Sunak’s Treasury has made clear no new money will be spent on the relaunch of Boris Johnson’s “levelling up” agenda next month, The Telegraph understands. Ministers…