‘It’s brutal, they feel very attacked’: budget uncertainty hits Southampton boat show

Chancellor Rachel Reeves is considering a new 'settling-up charge' that would impose a 20% tax on the business assets of wealthy individuals leaving the UK. This initiative aims to align the UK with other G7 countries and is projected to generate £2 billion for public funds. This move is significant as it not only addresses tax fairness but also seeks to bolster the economy by ensuring that those who benefit from the UK contribute to its financial health, especially in challenging times.

In a recent development, Prime Minister Sir Keir Starmer has decided not to take disciplinary action against Chancellor Rachel Reeves despite her 'regrettable' oversight in failing to secure a rental license for her home in south London. This decision highlights the Prime Minister's approach to handling internal matters within his government, emphasizing a focus on accountability while also considering the context of the situation.

In a recent controversy, a lettings agency has taken responsibility for a licensing issue involving Rachel Reeves, the chancellor. The agency admitted that a staff member had offered to apply for the necessary license for Reeves to rent out her family home but ultimately failed to do so. This situation has sparked political debate, particularly among the Conservatives, who are calling for Reeves to be dismissed if she indeed violated any laws. The incident highlights the importance of compliance in property rentals and the potential political ramifications for public figures.

Rachel Reeves has acknowledged that she should have verified whether a rental license was obtained, following an apology from the letting agent involved. This situation has sparked discussions in UK politics, particularly with No 10 releasing redacted emails related to the matter. ITV's political editor, Robert Peston, argues that it is unwise for the Conservatives to demand Reeves' resignation over this issue. This incident highlights the ongoing scrutiny of political figures and the importance of transparency in their dealings.

Rachel Reeves, the UK Chancellor, is facing scrutiny just weeks before her budget presentation after admitting to failing to obtain a rental license, raising questions about her leadership and judgment. This revelation comes at a critical time for the Labour Party, as they seek to maintain public trust and support. The timing of this issue could have significant implications for her political future and the party's credibility.

Rachel Reeves has faced scrutiny over her failure to apply for a permit to rent out her house in south London, but she has no plans to resign. This situation raises important questions about accountability and transparency in politics, highlighting the challenges public figures face when balancing personal and professional responsibilities.

Downing Street is under pressure as it remains tight-lipped about whether Keir Starmer's ethics adviser has reviewed evidence regarding Rachel Reeves's claim of an inadvertent breach in her rental licensing. This situation is significant as it raises questions about accountability and transparency in government, especially concerning the chancellor's responsibilities in managing her rental property in south London without the necessary license.

Recent analysis suggests that Birmingham City Council may have never been bankrupt, as the declaration made in 2023 was based on a significant underestimation of reserves exceeding £1 billion. This revelation is crucial as it calls into question the financial decisions made by the council, including the spending cuts that followed the bankruptcy declaration. Understanding the true financial state of the council can impact future governance and public trust in local authorities.

The Breeders' Cup 2025 is in full swing, showcasing thrilling horse racing action in California. Day two has already seen impressive performances, including Splendora's strong showing, which paid out $7.80 on a $2 stake. This event is significant not only for the excitement it brings to fans but also for the records being set, like O'Brien's achievements on day one. The Breeders' Cup is a highlight in the horse racing calendar, drawing attention from enthusiasts and casual viewers alike.

The rugby union Test match between Ireland and New Zealand is set to kick off at 8:10 PM GMT in Chicago, featuring eight players from the 2016 encounter. This match is significant as it showcases the ongoing rivalry between two of the sport's top teams, and fans are eager to see how the teams have evolved since their last meeting.

Hungarian Prime Minister Viktor Orban has criticized Polish PM Donald Tusk for aligning closely with the European Union, suggesting that Tusk has turned Poland into a 'vassal' of Brussels. This statement comes as Tusk's popularity in Poland declines, raising concerns about national sovereignty and the influence of the EU on domestic policies. Orban's remarks highlight the ongoing tensions between national leaders and EU governance, which could impact Poland's political landscape and its relationship with the EU.

João Pedro finally found the back of the net, helping Chelsea secure a narrow victory against Tottenham. This match marks a turning point for Chelsea, showcasing their resilience and ability to adapt under pressure. The win is significant not just for the points but also for boosting team morale, especially after a challenging period. Fans are hopeful that this performance signals a positive shift in Chelsea's season.

Tchéky Karyo, the beloved French-Turkish actor known for his roles in 'Nikita' and the BBC series 'The Missing', has passed away at the age of 72 after battling cancer. His family shared the sad news, highlighting his significant contributions to cinema and television. Karyo's performances in high-profile films and collaborations with renowned director Luc Besson have left a lasting impact on audiences worldwide. His death marks a great loss for the film industry, as he was celebrated for his talent and charisma.

The Canadian Football League has taken a strong stance by suspending Shawn Oakman of the Montreal Alouettes indefinitely due to a breach of its policy on gender-based violence and harassment. This decision highlights the league's commitment to addressing serious issues within sports and ensuring a safe environment for all players and fans. It serves as a reminder of the importance of accountability in professional sports.