Capital is fleeing the country at breakneck speed thanks to Reeves’ looming “painful” budget. According to Begbies Traynor, a corporate restructuring specialist, the number of British firms facing “significant” financial distress has skyrocketed by nearly a third compared to last year, reaching a staggering 632,756 between July and September—the highest figure since records began back in 2004. Meanwhile, a survey by Evelyn Partners reveals hundreds of business owners are threatening to flee Britain if Rachel Thieves goes ahead with her tax raid. Labour’s scaremongering and relentless chatter of tax hikes has entrepreneurs running for the hills…
A flurry of budget briefings splashing across the headlines ahead of 30th October will make for grim reading for British businesses and investors. Along with inheritance tax and stamp duty hikes for first-time buyers, Reeves is set to cut business asset disposal relief, which allows business owners to sell their assets at just a 10% tax on the profits of a sale. Guido’s old enough to remember when Sir Keir insisted Britain was open for business…
Starmer spoke to Nick Robinson for the Today Programme on Polanski’s criticism of the Golders Green police officers:
“I want everybody just to imagine what it might be like. You’re trying to arrest someone who has already attacked two people and has no regard for life. We know that tasers were fired. I know from my own experience with the police, that there are only two shots in a taser, and once you’ve shot them, there’s nothing left. There’s a guy on the ground, he’s got a rucksack on. And I don’t know what was going through the mind of those officers, but if I was there, I’d be thinking, he’s going to detonate something. He’s going to blow me up and everybody around here. In those circumstances, I think you can quite see why what could have gone through their mind is, we need to do whatever we can to disable this guy…
Now, when I then see Zack Polanski come out and retweet or support a criticism of that, I think it’s disgraceful… He’s not fit to lead any political party.”