Will Reeves' spending review turbocharge or tank UK economy?
Rachel Reeves has unveiled her long-awaited spending review, with the NHS and defence seeing the most gains while many other departments face cuts – so, is this the kind of spending programme that will transform the UK economy and help Keir Starmer see off the threat of Nigel Farage's Reform UK?
In this special episode of The Fourcast, Krishnan Guru-Murthy is joined by our Economics Correspondent Helia Ebrahimi and Luke Tryl, the director of the More in Common polling company.
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Rhyl Journal
33 minutes ago
- Rhyl Journal
BBC under pressure amid criticism of ‘death to the IDF' chants at Glastonbury
Rapper Bobby Vylan, of rap punk duo Bob Vylan, on Saturday led crowds on the festival's West Holts Stage in chants of 'Free, free Palestine' and 'Death, death to the IDF (Israel Defence Forces)'. A member of Belfast rap trio Kneecap suggested fans 'start a riot' at his bandmate's forthcoming court appearance related to a terrorism charge. Responding to the chants from Bob Vylan, the Prime Minister said: 'There is no excuse for this kind of appalling hate speech. 'I said that Kneecap should not be given a platform and that goes for any other performers making threats or inciting violence. 'The BBC needs to explain how these scenes came to be broadcast.' A member of Kneecap said 'f*** Keir Starmer' during their performance after the Prime Minister called for the band not to play at the festival. Avon and Somerset Police said video evidence from the performances would be assessed by officers to determine whether any offences may have been committed that would require a criminal investigation. Glastonbury organiser Emily Eavis said Bob Vylan's chants 'very much crossed a line'. 'We are urgently reminding everyone involved in the production of the festival that there is no place at Glastonbury for antisemitism, hate speech or incitement to violence,' she said in a statement. Shadow home secretary Chris Philp said Bob Vylan was 'inciting violence and hatred' and should be arrested and prosecuted. 'By broadcasting his vile hatred, the BBC appear to have also broken the law,' he said. 'I call on the Police to urgently investigate and prosecute the BBC as well for broadcasting this. Our national broadcaster should not be transmitting hateful material designed to incite violence and conflict,' he posted on X. Health Secretary Wes Streeting called it a 'pretty shameless publicity stunt' and said the BBC and Glastonbury have 'questions to answer about how we saw such a spectacle on our screens', speaking to Sky News. Conservative leader Kemi Badenoch called the scenes 'grotesque'. 'Glorifying violence against Jews isn't edgy. The West is playing with fire if we allow this sort of behaviour to go unchecked,' she wrote on X. Shadow work and pensions secretary Helen Whately said she was 'horrified' and that the BBC should have cut the feed. 'Given the nature of the attacks on Israel, the BBC should not have kept broadcasting that. They should have cut the coverage immediately,' she told Times Radio. Liberal Democrat culture, media and sport spokesman Max Wilkinson said: 'Bob Vylan's chants at Glastonbury yesterday were appalling. Cultural events are always a place for debate, but hate speech, antisemitism and incitements to violence have no place at Glastonbury or anywhere in our society.' Culture Secretary Lisa Nandy has spoken to the BBC director general about Bob Vylan's performance, a Government spokesperson said. The BBC said it showed a warning during the performance and that viewers would not be able to access it on demand. A spokesperson for the broadcaster said: 'Some of the comments made during Bob Vylan's set were deeply offensive. 'During this live stream on iPlayer, which reflected what was happening on stage, a warning was issued on screen about the very strong and discriminatory language. 'We have no plans to make the performance available on demand.' The Israeli embassy said it was 'deeply disturbed by the inflammatory and hateful rhetoric expressed on stage at the Glastonbury Festival'. The Campaign Against Antisemitism (CAA) said it would be formally complaining to the BBC over its 'outrageous decision' to broadcast Bob Vylan. 'Our national broadcaster must apologise for its dissemination of this extremist vitriol, and those responsible must be removed from their positions,' a spokesperson said. Bob Vylan, who formed in Ipswich in 2017, have released four albums addressing issues to do with racism, masculinity and class. Bobby Vylan's real name is Pascal Robinson-Foster, 34, according to reports. He is listed on Companies House as the director of Ghost Theatre Records, which is operated by Bob Vylan. Kneecap have been in the headlines after member Liam Og O hAnnaidh, who performs under the name Mo Chara, was charged with a terror offence. The group performed after Vylan's set on the West Holts Stage with O hAnnaidh exclaiming 'Glastonbury, I'm a free man' as they took to the stage. In reference to his bandmate's forthcoming court date, Naoise O Caireallain, who performs under the name Moglai Bap, said they would 'start a riot outside the courts', before clarifying: 'No riots, just love and support, and support for Palestine.' In the run-up to the festival at Worthy Farm in Somerset, several politicians called for the group to be removed from the line-up and Sir Keir said their performance would not be 'appropriate'. During Kneecap's set, O hAnnaidh said: 'The prime minister of your country, not mine, said he didn't want us to play, so f*** Keir Starmer.' Kneecap also gave a 'big thank you to the Eavis family' and said 'they stood strong' amid calls for the organisers to drop them from the line-up. A BBC spokesperson said an on-demand version of Kneecap's performance was available on iPlayer. 'We have edited it to ensure the content falls within the limits of artistic expression in line with our editorial guidelines and reflects the performance from Glastonbury's West Holts Stage. As with all content which includes strong language, this is signposted with appropriate warnings.'
Glasgow Times
34 minutes ago
- Glasgow Times
Industrial firms to face £685m property tax hit after energy support pledge
Just a week after the Government's industrial strategy revealed electricity costs for about 7,000 energy-intensive businesses would be cut by scrapping green levies, estimates suggest many of the larger firms are set to see their business rates bill soar. Around 4,300 large-scale industrial properties in England – across manufacturing sectors such as automotive, aerospace and chemicals – will face a new business rates levy costing them around £685 million a year, according to tax and software firm Ryan. The levy, which comes into effect in April, is part of next year's business rates revaluation and is being used to fund tax breaks for high street retail, leisure and hospitality sectors, Ryan said. Alex Probyn, a practice leader of property tax at Ryan, said that while the industrial strategy move to reduce energy bills was welcome, 'it's perverse to then ask those very same businesses to foot the bill for high street tax cuts through higher business rates from 2026, a year before the energy support will come into effect'. He added: 'If the goal is to boost UK competitiveness, we need a coherent strategy that tackles the total burden of fixed costs — not one that gives with one hand and then takes with the other.' It follows Sir Keir Starmer's 10-year industrial strategy, which includes a measure to cut bills by up to 25% to help firms compete with foreign rivals. Under the new plans, a new British Industrial Competitiveness Scheme from 2027 will cut costs by up to £40 per megawatt hour for over 7,000 manufacturing firms by exempting them from levies on bills including the renewables obligation, feed-in tariffs and the capacity market. Around 500 of the most energy-intensive firms, including the steel industry, chemicals and glass-making, will also see their network charges cut. They currently get a 60% discount through the British Industry Supercharger scheme, which will increase to 90% from 2026. But Ryan is calling for more coherence in strategy from the Government, cautioning that any benefit from lower energy bills risks being undermined by increased property taxation. UK firms already face the highest property taxes in the developed world and more than double the European Union average, according to the firm. Mr Probyn said: 'We're seeing two opposing policies rolled out simultaneously. One aims to support industry by reducing energy costs. 'The other increases a key fixed operational cost — property tax — on the very same businesses to subsidise other sectors. 'There is no coherent strategy; it's a contradiction.' A government spokesperson said: 'We are making it easier and quicker for businesses to invest and grow by cutting British industrial electricity costs with unprecedented new support which will cut electricity costs by around 20-25% for thousands of businesses. 'Our reform to the business rates system will also create a fairer business rates system that protects the high street, supports investment and levels the playing field. 'A new, permanently lower business rates in 2026 will benefit over 280,000 retail, hospitality and leisure business properties and will be sustainably funded by a new, higher rate on the 1% of most valuable business properties.'
Daily Mail
an hour ago
- Daily Mail
ALEX BRUMMER: Labour has trapped us all in a doom loop of ever higher taxes and welfare spending. Things are bad now but, with four years to go, this is how much worse they can get
As every football fan knows, the moment the club chairman is forced to quell rumours of the manager's imminent demise by issuing a vote of confidence, the gaffer's days are numbered. And so, as Sir Keir Starmer approaches the end of his first year in power, his Chancellor Rachel Reeves looks like a dead woman walking.
