
Give Kemi time – her plan is starting to work
Worse still, some Tories are already gunning for the Leader of the Opposition
None of this would have surprised
Yet Mrs T took no notice of the 'naysayers' or the 'moaning minnies', as she called them. Nor will Mrs B, who is made of the same stuff as the Iron Lady.
For the truth is that, largely unremarked by a mainly hostile media, Kemi is making rapid progress in the monumental task that she has set herself. For the first time in two generations, this leader is not chasing ephemeral soundbites, but is rethinking the foundations of Conservatism. To this end she has assembled the broadest-based Shadow Cabinet possible and enlisted some of the brightest minds in the kingdom.
She has elevated to the Lords the
Mrs Thatcher was an Oxford-trained chemist who learnt early on that one must trust evidence, not authority. Her family had taken in a Jewish refugee from the Nazis. Like her, Kemi Badenoch knows exactly what it is like to be intimidated by a monolithic state. Under a military dictatorship in Nigeria, where this British-born computer scientist grew up, life was ruled by fear.
As leader, Kemi has refused to let herself be rushed on policy. But she has struck the right, tough-minded note on the biggest issue of the day: immigration. She knows that Nigel Farage
By contrast, Kemi will step up the pressure on the Government this week by calling for a radical reform of the period required for Indefinite Leave to Remain. It should be ten years, not five, she says, and the conditions should be much stricter. Migrants should have to prove that their household is a net contributor and that they have no criminal record.
'Our country is not a dormitory,' she declares. 'It's our home.' As someone who first met Kemi soon after she became an MP eight years ago, I can say with confidence that she is one of the most patriotic people I know.
She loves this country with a passion that is as infectious as it has been absent from our politics for years. It is impossible to imagine Mrs Badenoch paying an enormous bribe to a Chinese satellite to take over a British territory
Mrs B, like Mrs T before her, is the kind of leader who emerges once in a generation. Ignore the polls: no general election is in prospect. Kemi's mood music may not yet be to everybody's taste, but in three or four years' time it will have built up to an almighty crescendo. A land of hope and glory? Under Kemi – and only her – it's credible.

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Times
16 minutes ago
- Times
How an inheritance tax raid could work — and what you can do about it
Rachel Reeves has already shown that she is not afraid to use inheritance tax as a revenue raiser. In her first budget, in October, the chancellor declared that from April 2027 pension savings would for the first time be pulled into the scope of inheritance tax — a change expected to raise billions for the Treasury. Now, with an ever deepening fiscal shortfall ahead of the next autumn budget, the Treasury is again rumoured to be targeting inheritance tax. On the table are said to be plans to tighten the rules around lifetime transfers of wealth and to end many widely used exemptions. It wouldn't be the first time that a government has gone further than simply taxing estates after death. The capital transfer tax introduced by the Labour government in 1974 applied to lifetime gifts and inheritances, and was generally unpopular. It was replaced by today's inheritance tax system in 1986. But with more estates falling into the inheritance net because of frozen tax-free allowances and decades of rising property values, the political calculation has changed. • We all should worry about this underhand attack on wealth Ian Dyall from the wealth manager Evelyn Partners said: 'Many households could regard this as a rather intrusive tactic, aimed at raising revenue from the very basic desire to pass on to one's own family hard-earned wealth that has usually already been taxed in some form or other.' Here's what could be on the cards, and what you can do to prepare for it. The Treasury has several levers it could pull to increase inheritance tax receipts, and one involves extending or scrapping the well-used seven-year rule. At the moment, if you away an asset — whether cash, property or shares — and live for seven years or more after making the gift, it will be exempt from inheritance tax. If you die before then, the value of the gift will be counted as part of your estate, the rate of tax due on it falling on a sliding scale after three years. Officials are reportedly considering extending the seven years to ten, or abolishing the rule entirely. Ollie Saiman, a co-founder of the advice firm Six Degrees, said that while a ten-year period would make planning more complicated, it may not be catastrophic 'as long as taper relief continued to exist'. But if all gifts made within the window could be taxed at the full 40 per cent inheritance tax rate it could have a huge impact on families. The Office of Tax Simplification previously recommended scrapping the taper relief on gifts made within four years of death and cutting the seven-year rule to five years, to make the rules simpler. A new time limit would be unlikely to be applied retrospectively. A gift made five years ago, for example, should fall under the old rules. But you would need to live for the remaining years of the original period for it to be inheritance tax-free. • Read more money advice and tips on investing from our experts This little-known but highly valuable rule allows you to make regular gifts out of surplus income without them being counted as part of your estate for inheritance tax purposes. The amount you can give is unlimited as long as the gifts are genuinely from income (not savings or the sale of assets) and do not affect your standard of living. You need to keep records of everything you give, and your income. Dyall said that many families who had taken out insurance to cover potential inheritance tax bills could be caught out if the gifts from income rule was scrapped. He said: 'Regular gifts from income are a small part of the system, and scrapping the relief wouldn't raise much but could cause problems for families who have planned around the system as it is.' Saiman said that while the relief was not widely used compared with other inheritance tax strategies, it could be in the government's sights as part of a general clampdown. The biggest change the chancellor could make would be to introduce a value cap on all gifts made during your lifetime, regardless of when they were given. Rachael Griffin, a tax and financial planning expert at the wealth manager Quilter, said: 'Such a cap would bring more gifts into the scope of inheritance tax and could capture not just large transfers designed to reduce tax bills but also modest, routine support between family members. The UK has never had such a limit, and if it were set too low it could affect a large number of middle-class estates, particularly in areas where property wealth alone can easily breach the frozen tax-free allowances.' She said that a lifetime cap could lead to 'unintended behavioural shifts', with families rushing to make large transfers earlier in life, potentially before they were financially ready. It would require HM Revenue & Customs (HMRC) to track gifts over decades, adding complexity and cost and increasing disputes. Saiman said that if the cap were set at US-style levels (around $14 million) 'it would only affect a small proportion of the population', while a lower cap would have huge political and practical impacts. • A ham-fisted inheritance tax grab on the middle class would end in tears A decade ago inheritance tax was seen as an almost voluntary tax because the wealthy and financial astute could avoid it through planning. That is becoming harder to do as more middle-class families face being caught in the net. All estates get a £325,000 inheritance tax-free allowance known as the nil-rate band. If you leave your main home to a direct descendant, and your estate is worth less than £2 million, you also get a £175,000 residence nil-rate band. Anything left to a spouse or civil partner is inheritance tax-free, and they also inherit each other's allowances, meaning that a couple can pass on £1 million between them. The nil-rate band, however, has been the same since 2009, while the residence band is unchanged since 2020. As a result, the number of families liable for inheritance tax is projected to double by 2030. Further pressure is on the way: from April 2027 the value of your pension pot will be included in your estate for inheritance tax purposes, while Labour's recent tightening of agricultural and business property reliefs is expected to draw more family enterprises into the tax net. The so-called great wealth transfer, in which an estimated £5 trillion is set to pass from baby boomers to younger generations over the next 30 years, is also in full swing. A government looking for extra revenue will be tempted to take a slice. Financial planners emphasise two golden rules when it comes to inheritance tax planning: avoid making irreversible decisions based on speculation, and never give away more than you can afford. This is particularly important given that the wealth manager Charles Stanley advises budgeting for costs of £100,000 a year for the last three years of your life. So, make the most of the rules now, and use up your annual allowances. You can give away up to £3,000 a year inheritance tax-free, plus carry over one year's unused allowance. You can make unlimited £250 gifts to different people, and wedding gifts of up to £5,000 for a child, £2,500 for a grandchild. These may sound small, but over time they add up significantly. If you have more income than you spend, consider setting up a pattern of regular gifts — while you still can. Keep meticulous records, including a note of intent and evidence of your annual income and expenditure to satisfy HMRC. Trusts are becoming more popular for passing on wealth while retaining some control over your assets. Discretionary trusts in particular allow assets to be distributed at the trustees' discretion, helping to protect against divorce or bankruptcy in the family. Trusts can be used in combination with life insurance policies to ensure that your family can cover inheritance tax bills. Life cover, including whole of life or gift inter vivos policies can provide lump sums to avoid your heirs having to sell assets to pay tax. Demand for such policies spiked after the chancellor announced her plan to tax pension pots. Saiman said they are a 'simple and highly effective' hedge against a 'disaster scenario'. Whatever changes come in the budget, clear documentation will be key. Keep receipts, bank statements and formal letters for significant transfers. If you have made gifts in the past few years, note the date and terms so it's clear that they should fall under existing rules.

Western Telegraph
37 minutes ago
- Western Telegraph
Trump names Stallone and Crawford among Kennedy Centre Honours nominees
Crawford starred in Phantom Of The Opera on Broadway and the West End, and writer Lord Andrew Lloyd-Webber was himself a Kennedy Centre Honours recipient in 2006. Other previous British recipients have included Sir Elton John in 2004 and Dame Julie Andrews in 2001. President Donald Trump stands beside photos of Kennedy Centre Honours nominees, from left country music star George Strait, actor-singer Michael Crawford and Rocky actor Sylvester Stallone (Alex Brandon/AP) Mr Trump said he will 'fully renovate' the entire infrastructure of the Kennedy Centre to make it a 'crown jewel' of arts and culture in the United States. 'We're going to bring it to a higher level than it ever hit,' he said, adding that the venue would be featured in next year's celebrations of America's 250th anniversary. The Republican president said he did not want to host the programme but was invited to do so and agreed. Mr Trump avoided the Kennedy Centre Honours awards programme during his first term after artists said they would not attend out of protest. This year, the president has taken over as the Kennedy Centre's new chairman and sacked the board of trustees, which he replaced with loyalists. President Donald Trump speaks at the Kennedy Centre in Washington (Alex Brandon/AP) In a Truth Social post on Tuesday, Mr Trump teased a name change for the centre, formally the John F Kennedy Centre for the Performing Arts, and said it would be restored to its past glory. 'GREAT Nominees for the TRUMP/KENNEDY CENTER, whoops, I mean, KENNEDY CENTER, AWARDS,' he wrote. Mr Trump said work was being done on the site that would be 'bringing it back to the absolute TOP LEVEL of luxury, glamour, and entertainment'. 'It had fallen on hard times, physically, BUT WILL SOON BE MAKING A MAJOR COMEBACK!!!' he wrote. In a statement on its social media feed, the Kennedy Centre said it is 'honoured' to host Mr Trump, who will be visiting for the third time since January, and hinted that he would announce a construction project. Sylvester Stallone is unveiled by President Donald Trump to be a recipient of the Kennedy Centre Honours at the Kennedy Centre in Washington (Alex Brandon/AP) 'Thanks to his advocacy, our beautiful building will undergo renovations to restore its prestige and grandeur,' the venue said. 'We are also excited to be announcing this year's INCREDIBLE slate of Kennedy Center Honorees.' Mr Trump complained during a March visit that the building is in a state of 'tremendous disrepair'. The president, who had indicated he wanted a more active role in the selection process, said he was 'about 98% involved' in choosing the honorees. He said he 'turned down plenty' of names, saying those individuals were 'too woke', or too liberal. Mr Trump described the slate of artists he announced on Wednesday, which include several of his personal favourites, as 'great people'. Gloria Gaynor is among those being honoured (Alex Brandon/AP) Historically, a bipartisan advisory committee selects the recipients, who over the years have ranged from George Balanchine and Tom Hanks to Aretha Franklin and Stephen Sondheim. In the past, Mr Trump has floated the idea of granting Kennedy Centre Honours status to singer-songwriter Paul Anka and Stallone, one of three actors Mr Trump named as Hollywood ambassadors earlier this year. Anka was supposed to perform My Way at Mr Trump's first inaugural and backed out at the last moment. The Kennedy Centre Honours were established in 1978 and have been given to a broad range of artists. Until Mr Trump's first term, presidents of both major political parties traditionally attended the annual ceremony, even when they disagreed politically with a given recipient. Prominent liberals such as Barbra Streisand and Warren Beatty were honoured during the administration of Republican George W Bush, and a leading conservative, Charlton Heston, was feted during the administration of Democrat Bill Clinton. In 2017, after honoree Norman Lear declared that he would not attend a White House celebration in protest over Mr Trump's proposed cuts to federal arts funding, Mr Trump and first lady Melania Trump decided to skip the Kennedy Centre event and stayed away throughout his first term. The rock band Kiss will be a recipient of the Kennedy Centre Honours (Alex Brandon/AP) Honorees during that time included such Trump critics as Cher, Lin-Manuel Miranda and Sally Field. Since taking office for a second time, Mr Trump has taken a much more forceful stance on the Kennedy Centre and inserted himself into its governance. Besides naming himself chairman and remaking the board, he has also indicated he would take over decisions regarding programming at the centre and vowed to end events featuring performers in drag. The steps have drawn further criticism from some artists. In March, the producers of Hamilton pulled out of staging the Broadway hit musical in 2026, citing Mr Trump's aggressive takeover of the institution's leadership. Country music artist George Strait (Alex Brandon/AP) Other artists who cancelled events include actor Issa Rae, singer Rhiannon Giddens and author Louise Penny. House Republicans added an amendment to a spending Bill that Mr Trump signed into law in July to rename the Kennedy Centre's Opera House after Melania Trump, but that venue has yet to be renamed. Maria Shriver, a niece of the late President Kennedy, a Democrat, has criticised as 'insane' a separate House proposal to rename the entire centre after Mr Trump. Recipients of the Kennedy Centre Honours are given a medallion on a rainbow ribbon, a nod to the range of skills that fall under the performing arts. In April, the centre changed the lights on the exterior from the long-standing rainbow to a permanent red, white and blue display.


Evening Standard
an hour ago
- Evening Standard
Sturgeon's ‘Stalinist' approach disastrous for SNP, claims Joanna Cherry
She added: 'The reason that I feel that her strategy failed and was so wrong was it was very narrow, and she repeatedly banged her head off the brick wall of the British Government's refusal to grant a section 30 order, rather than having a multi-faceted strategy to put pressure on them to do so, whilst also having a back-up plan if they said no.