How Labour's huge property tax shake-up could smash a hole in YOUR household budget
According to reports, Rachel Reeves has asked Treasury officials to consider plans to scrap stamp duty and council tax in favour of a new system which would put a much bigger burden on property owners and specifically those who own homes worth £500,000 or more.
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BBC News
2 minutes ago
- BBC News
Will 'bold and ambitious' spending pay off?
I think it is fair to say Sunderland have defied all expectations when it comes to their summer only in terms of the money spent but in the number of players fans instinctively knew Sunderland's squad from the Championship needed strengthening for the Premier League campaign. Five or six players with Premier League experience would conservatively have been a lot of people's estimation, but as to how much they would cost and whether that would be enough was always going to be the big question. No-one really knew how much owner Kyril Louis-Dreyfus would be prepared to spend with his model of sustainability at the forefront of everything the club has done in his tenure. He and his team have blown everyone away with the money spent but also with the quality of the players signed. Granit Xhaka is the standout example, but he's not the only one. Habib Diarra, Omar Alderete, Noah Sadiki, Simon Adingra, the list goes defeat of West Ham, albeit only one game, suggested all these players are comfortable in their Premier League skin. The bonus was their three goals were scored by three players who came up with the team from the a bold and ambitious bid to stay up but Sunderland fans are certainly backing them to do so. How does it compare to other promoted clubs? According to transfermarkt,, external Sunderland now top the all-time list for amount spent by a promoted club in the Premier a summer spend of £142m so far, both them, and fellow promoted side Burnley - who have spent £109m - are hoping for a solid return on their far as the numbers go, the other four teams to have spent big upon their Premier League return have had mixed Aston Villa and Nottingham Forest narrowly avoided the drop after busy summer windows following promotion, but are now playing in last summer saw Southampton an Ipswich finish as the bottom two sides in the league.
The Independent
2 minutes ago
- The Independent
Newcastle United hit back at Alexander Isak's social media statement
Newcastle United have rejected striker Alexander Isak 's claim that he was promised a summer exit, stating he remains under contract. Isak accused the club of 'broken promises' and declared 'trust is lost', asserting that a transfer is now in everyone's best interest. The club issued a strong statement denying any such commitment and indicated that the conditions for a sale, including a rejected £110m bid from Liverpool, would not be met. Isak has not featured for Newcastle in pre-season or their opening league match, reportedly due to a thigh injury, and is training separately. The dispute comes as Newcastle began the season without a recognised striker, having failed to secure other transfer targets.
The Independent
2 minutes ago
- The Independent
Further delay in Roxy Media winding up case
Holly Willoughby's media company is set to return to a specialist insolvency court in November following the result of a tribunal appeal. Roxy Media, the media production and management firm run by the TV presenter and her husband Dan Baldwin, is facing winding-up proceedings from His Majesty's Revenue & Customs (HMRC). A hearing at the Insolvency and Companies Court in April heard that the firm owed £377,000 in tax, which had been reduced from an unknown amount. Lawyers for Roxy Media said last month that the company was seeking to take the case to a tax tribunal. The company applied for a further adjournment on Wednesday to await the outcome of that appeal. Jon-Selous Borlace, for HMRC, told the specialist court: 'The company said it filed an appeal to the First-Tier Tribunal.' ICC Judge Sally Barber allowed the adjournment 'to await the outcome of the appeal', setting the next hearing for November 12. Willoughby set up the company with her husband to specialise in managing media clients. Records on Companies House indicate that she was appointed as a director of the company in 2014, and Mr Baldwin in 2008. The presenter is best known for previously fronting ITV daytime show This Morning and Dancing On Ice.
