ThinkLabour, formerly Labour Together, argues mayors should be ‘custodians of their economies’ Daily Telegraph 10/06/26 Link Sir Sadiq Khan should have control over how much tax Londoners pay on their properties, a think tank with close ties to the Labour Party has said. ThinkLabour, formerly operating under the name Labour Together, said mayors should be given greater powers over taxation, particularly over property levies. Opponents argued the policy would be “a disaster for Londoners” and that more taxes would further “erode the wealth of a nation”. In a report published on Wednesday, ThinkLabour claimed: “By giving mayors the ability to capture the uplift in land values, they will have the incentive to grow their economies and a revenue stream to borrow against.” It would mean devolved authorities such as the Mayor of London could opt to impose higher levies on homeowners. ThinkLabour said mayors should be allowed to be “custodians of their economies”, as they were “more lik...
Defence secretary’s resignation exposes a Chancellor guilty of chronic indecision and catastrophic misjudgment Daily Telegraph 11/06/26 link She has already presided over a huge surge in unemployment, a collapse in business confidence, and a jump in the amount the Government has to pay for borrowing. No one, even in the Labour Party, would claim that Rachel Reeves has a great record as Chancellor. But now she is accused of something far more serious. As the devastating resignation letter from John Healey, defence secretary, made clear, she has left the country defenceless – and the Prime Minister surely now has no choice but to sack her. Everyone agrees that Britain urgently needs to increase its defence spending. With a war raging in Ukraine and another one in The Gulf, and with the United States losing interest in Europe, we need more kit and manpower to protect the country. And yet one point emerges with total clarity from Healey’s letter: the Chancellor is refusing to make ...