Friday, July 30, 2021
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Daily News Digest

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NEWS

Rishi Sunak delivers spend now, tax later Budget

Rishi Sunak has delivered a ‘spend now, tax later’ Budget, with a short-term boost to business investment followed by the largest tax rises on companies and households for a generation. The chancellor will spend £65billion in the next two years as the country tries to recover from Covid and government-imposed lockdowns. But this will be followed by £25billion a year of corporate tax and income tax rises by the middle of the decade — Financial Times

UK debt likely to reach £2.8trillion as OBR warns economy still won’t have recovered from damage done by Covid and lockdown by 2026 — Mail

Cost of lockdown will cast a shadow over our lives for decades to come — Telegraph

Rishi Sunak slashes an extra £4 billion a year from daily spending on public services — Telegraph

Chancellor accused of using 5pm daily briefing to sell his Budget to the public — Mail

Buckingham Palace to investigate Duchess of Sussex bullying claims — Telegraph

Arizona won’t enforce Biden’s gun control laws: state representative — Epoch Times

COMMENT

The Tories have trashed Thatcherism and embraced Europe’s politics of decline — Allister Heath, Telegraph

The figures are frightening… God help us if interest rates go up — Alex Brummer, Mail

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The Conservative Woman
Edited by Kathy Gyngell

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