Government
Miliband ally tells the rich: you should pay higher taxes
One of Ed Miliband's closest allies has backed a tax increase for higher earners as Labour prepares to reveal new details about his plan to deal with Britain's budget deficit.Peter Hain, who was part of Mr Miliband's leadership campaign team, ...
Mr Hain revealed that Mr Miliband would take a high degree of personal control over his party's economic policy. This would be a marked change from the Blair era, when Gordon Brown's iron grip over the remit during his time as Chancellor allowed him to create his own power base from No 11.
It also sheds further light on Mr Miliband's decision not to hand the job of shadow Chancellor to Ed Balls, one of his rivals in the party's leadership contest, who has repeatedly pushed Labour to abandon its former policy of halving the deficit over four years.
"Alan will be a very able shadow Chancellor, and he's shown in all the jobs he's done that he can pick up a brief and sprint with it," Mr Hain told the website Labour Uncut. "What people forget is Ed is an economist. He's not a party leader who's going to chair a range of views and attract a synthesis.
"He's got a very clear idea of where he wants to go on the economy and the deficit and we'll set that out. We'll both be offering a serious alternative."
Mr Johnson will also be confronted about the disagreement between him and Mr Miliband over the introduction of a graduate tax. In an open letter to the newly elected leader before he was made shadow Chancellor, Mr Johnson urged him to drop the policy.
Saudi prince may face death penalty over gay claims
The Prince of Saudi Arabia, Saud Bin Abdulaziz Bin Nasir al Saud, has been accused of murdering his aide in London and could face death penalty over allegations of homosexuality in his own country.The 34-year-old who is the grandson of ...
Pak says Indian Army chief's remarks 'unwise'
Pakistan on Saturday reacted angrily to the Indian Army chief's remarks describing the country as a major irritant for India's security and about the possibility of a war in a nuclear scenario, saying they were "jingoistic" and "unwise".Rejecting the allegations ...
Nothing wrong in minsters donating for Sonia's rally: Deshmukh
Union minister for heavy industries Vilasrao Deshmukh today said he saw nothing wrong in Maharashtra Congress ministers donating money for party chief Sonia Gandhi's public rally near Nagpur."Workers and leaders of every political party donate money to their parties for ...
PM slams Nitish Kumar, plays development card
The Battle for Bihar gains momentum with Prime Minister Manmohan Singh attacking Bihar Chief Minister Nitish Kumar in the battlezone. He blames the state government for misusing funds provided by the Centre.Its a battle for credit in Bihar at an ...
Finance & Banking
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- New GST effective from 22-09-2025
- New CGST rates, Effective From 22-sept-2025
- Income Tax Department Conducts Raids In Andhra Pradesh, Telangana And kerala
- Union Budget 2022-23- Summary
- Credit Card Late Fees : SBI vs HDFC Bank vs Axis Bank
- Telecomm Reforms Package: Provide Financial Relief For Mobile Companies
- World Bank Santions US$ 74 Million for Uttarakhand Workforce in India
- RBI imposes fine of Rs 1 Crore on Union Bank Of India
- RBI Imposes a Fne of Rs 1 crore on Union Bank Of India
