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Brexit news: Rishi Sunak's masterplan will make 'global hub' UK even 'more attractive' | Politics | News


“Freeports will make trading through Britain a more attractive prospect.
“We have had freeports before, including when Britain was in the EU, but it is likely the government s decision to vastly increase the number of freeports is inspired by Brexit, as Britain looks to become more competitive with bespoke trade deals.”
He added: “Freeports and enterprise zones offer a way for the government to promote growth in areas without major upfront investment.
Rishi Sunak has unveiled eight freeport locations in England (Image: GETTY)
Freeports are set to make the UK more attractive to global investment (Image: GETTY)
“They allow Britain to enhance its attractiveness as a trading hub, a place where trade can freely pass through.” ....

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Keir Starmer sparks Red Wall outrage after 'shameful' remarks | Politics | News


| UPDATED: 16:19, Thu, Mar 4, 2021
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The Chancellor s announcement, part of Boris Johnson s promised levelling up programme, was widely welcomed by leaders in the North East of England. But Sir Keir has sparked outrage in the region with remarks that appeared to disparage the town which had been a Labour stronghold for 27 years until the party s Red Wall meltdown in December 2019. ....

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Tax rises: Rishi Sunak told increases needed ahead of Budget 2021 announcement | City & Business | Finance


Mr Sunak is widely expected to hike corporation tax to 25 percent and resist increases to income tax, VAT and National Insurance.
Former Tory leader William Hague has reluctantly told the Chancellor now is the time for business and personal taxes to rise.
Lord Hague was succeeded by Mr Sunak in his Richmond, Yorks, seat when he stepped down as an MP in 2015.
He argued the only way to avoid tax increases would be to create smaller state, cut spending and reduce borrowing.
Rishi Sunak will deliver the budget on Wednesday (Image: GETTY)
Rishi Sunak is expected to raise corporation tax (Image: GETTY) ....

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Rishi Sunak: Capital Gains Tax may be increased as 'low hanging fruit' in Budget 2021 | Personal Finance | Finance


| UPDATED: 14:14, Thu, Feb 25, 2021
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Rishi Sunak, Chancellor of the Exchequer, will be tasked in mere days time with laying out Britain’s economic approach for the next year. The Chancellor will be required to steer Britain’s course out of the pandemic, as well as offering support to the millions of people still feeling the impacts of COVID-19. Many have speculated the Treasury could be looking to claw back at least some of the large sums of money it has spent in the last year funding support for Britons. ....

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