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The Latest Breaking News from Paul Johnson

'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

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

The Guardian - UK

'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.'

Newcastle Herald

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Scottish ministers cut spending on free university places

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

The Guardian - 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

The Independent UK

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

Evening Standard

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 Independent UK

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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 Guardian - 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.

The Independent UK

To all the doubters who still think Labour too tame: read its policies – and finally believe

From clean energy to affordable housing, Rachel Reeves says she has a plan to pay for it all, says the Guardian columnist Polly Toynbee

The Guardian - UK

Rishi Sunak’s Commons majority in peril as 60 Tories join Liz Truss group

Growth Group now same size as government’s majority, as it urges PM to cut taxes and resume fracking

The Guardian - UK

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The Independent UK

Cabinet split over Sunak’s HS2 ‘gross act of vandalism’

Exclusive: Levelling up secretary Michael Gove and transport secretary Mark Harper ‘very unhappy’ over plan to axe northern leg – first revealed by this newspaper – as George Osborne attacks ‘economic self-harm’

The Guardian - UK

Sunak pledges to keep to pension triple lock despite signs of extra £10bn cost

PM says he is comfortable with full uplift on state pensions, which cost the taxpayer £124bn this year

The Guardian - UK

Letters from George Harrison’s mum reveal her horror at Beatles fans

Louise Harrison wrote of her disgust at screaming fans in letters to be sold at annual Liverpool Beatles Auction

The Independent UK

Inflation shock as Jeremy Hunt expects prices to go back up again

Treasury braced for uptick again in August, after several months of progress

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The Guardian - UK

Tax cuts would put ‘scary’ UK finances in greater danger, warns top economist

Paul Johnson, of the Institute for Fiscal Studies, issues plea for honesty from Labour and the Conservatives about tax and spending choices ahead of election

The Guardian - UK

No 10 reportedly in talks about making end of inheritance tax a manifesto pledge

Downing Street said to be discussing measure to win votes in ‘blue wall’ seats in next general election

The Guardian - UK

Sunak could have made peace with public servants a year ago – he just didn’t want to

For over seven months, Tory ideologues put Britain through the wringer. We pay a high price for cheap politics, says Guardian columnist Polly Toynbee

Liverpool Echo

Teenager accused of murdering girlfriend walks out of dock during trial

Liam Cain left his seat as pathologist began to detail Courtney Boorne's injuries to the jury

Wales Online

Barber cuts drivers' speed by standing in high vis pointing hairdryer at traffic

Paul Johnson employed the tactic after becoming concerned by the number of people speeding

Evening Standard

Truss joins calls by senior Tories to scrap inheritance tax

The proposal has been met with scepticism from senior economists and tax experts

The Independent UK

Economists dismiss Tory push to scrap inheritance tax

Senior economist Paul Johnson said the ‘genuinely unfair’ tax, which is ‘absurdly easy to avoid’ for the super rich, should be reformed.

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