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Профиль

Paul Lewis

Профиль Vively

Financial journalist, broadcaster, and speaker. Seek the truth, find the truth, tell the truth. Unequivocally for free speech & press. Wilkie Collins expert too

Pay for new care service by higher tax, people say, but not on us bit.ly/4xmDchc as old vote for wages tax, young vote for inheritance tax

Generational divide over how to pay for social care reformPensioners favour higher income tax on working people while younger voters prefer a ‘death levy’ to fund long-term care, polling showsbit.ly
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Missing the World Cup? Every food or drink of every country in the contest, all in one Instagram reel instagram.com/reel/Da-joNPMd… and all done in London. Is there another city in the world where that could be done? Tell me your favourite.

instagram.com
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With 89 days to go, Cabinet Ministers told to cut budgets to pay for spending pledges already made and to come bit.ly/4bTHeFe taxes may rise within Labour’s manifesto promise as Healey signals he will be bound by the same shackles as Reeves

John Healey tells cabinet ministers to prepare for budget cutsIn a joint letter with Andy Burnham, the chancellor said there was no new money available to ensure the prime minister’s pledges could be fundedbit.ly
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Labour sees off Reform challenge in Manchester bit.ly/3Rta8oV it wasn’t even close at any stage

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Claude on the run bit.ly/4pPJRxK skynet becomes self aware

Anthropic’s AI Claude escaped testing environment and hacked organizationsCompany says it discovered unauthorized access during ‘proactive review’ after rival OpenAI revealed rogue agentbit.ly
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Them and us - as lawns die to brown dirt patches, private schools and golf courses keep theirs a lush green thanks to exemptions bit.ly/4w4uovg

‘It’s alright for them’: private schools and golf courses stay green despite England’s hosepipe bansAs parks turn brown and paddling pools go unfilled, exemptions mean sports pitches can stay lush – even in school holidaysbit.ly
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SNP should review high tax rates to assess if they really do result in lower revenues bit.ly/3S32TnK the call comes by ex-insurance boss who now represents high earners in Scotland.

SNP urged to review high tax rates ahead of budgetSandy Begbie leads calls for an independent audit after analysis found the 48p top rate of tax would likely cost the public purse £22 million in its first yearbit.ly
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Court told celebs and others have insurance to cover less than half the costs of press court challenge which failed bit.ly/4fMTXeb and some are still saying court was wrong which doesn’t help them

Prince Harry’s insurance for Daily Mail court case falls shortThe prince and claimants including Elton John and Baroness Lawrence are being pursued to cover Associated Newspapers’ £34.5m costs after losing their casebit.ly
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Follow the money bit.ly/4pOAYVc always follow the money. Fiona Cottrell gave money to Reform UK it it came from her son, the convicted fraudster George

Revealed: George Cottrell transferred $2m to his mother days before her donations to Reform UKExclusive: Sources say Fiona Cottrell told bankers the transfers, received 24-72 hours before her donations to Reform, came from her sonbit.ly
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The battle to save Jodrell Bank bit.ly/4fJHS9F rhetoric and politics damages the search for truth

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Mad world pt 94: Plan to scrap 2 hated taxes the deeply unfair council tax and the mobility stifling stamp duty & replace them with a tax on land value leaving 77% better off with protection for the 23% who’ll be worse off bit.ly/4wx8dyW is immediately hated by the London right wing elite and halted

Verifying Devicebit.ly
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This is very troubling. Protesters not prosecuted as terrorists as prosecutors feared they would not have been convicted. So charged with criminal damage. Guilty. And now CPS wants them sentenced as terrorists. bit.ly/4x5xiRf What is happening to our sense of justice?

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No new taxes or borrowing to pay for social care says Badenoch bit.ly/4fWIb20 pay for it with cuts, but does not say where the £18.5bn of cuts would fall.

Fund social care through cuts not taxes, Kemi Badenoch insistsAndy Burnham has said the system should ‘operate on the NHS principle’ and be free at the point of need, a move projected to cost £18.5 billion a yearbit.ly
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PM to publish ‘free’ care service plans next week bit.ly/4yBt1Xr but no indication yet of where the £16bn cost will come from. Can only be either raising general taxation - unlikely - or from a new dedicated tax probably on the value of houses.

‘Free’ social care offer won’t cover food, housing or energy costsAndy Burnham’s plan for NHS-style cover, costing £18.5 billion a year, is unlikely to include ‘daily living costs’bit.ly
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Lawyers for @BBC play hardball over Trump’s $10bn lawsuit by demanding information he will not want to give bit.ly/44HCnTO his lawyers have already limited its scope though not changed the damages claimed

Trump must divulge financial details about businesses in $10bn BBC lawsuitUS judge’s ruling could open up window into first family’s multiple ventures, in drawback of lawsuit on mediabit.ly
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Rolls Royce demands £200m from govt for new engine despite its £3.35bn aero engine profit bit.ly/4fsHjkj

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Don’t waste money on managed funds - trackers outperform them and are now almost too cheap to measure bit.ly/4wj9I3w even Vanguard looks expensive!

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Cornwall Insight says typical domestic electricity bills will be £924.71 from 1 October. Cutting VAT from 5% to 0% will mean a £44.03 reduction to £880.68. NB only electricity bills NOT gas bills. Reducing VAT from 5% to 0% is not a 5% cut! It is 5/105=4.76% cut.

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VAT taken off domestic electricity bills - but not gas bills. The 5% tax will go from 1 October, a 4.76% cut in the bills. Paid for by scrapping digital ID cards.

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