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Starmer defends welfare reform package despite climbdown over Pip

Starmer defends welfare reform package despite climbdown over Pip

Yahoo2 days ago
Sir Keir Starmer defended his welfare reform plans despite being forced into a humiliating climbdown which leaves an almost £5 billion black hole in the Government's spending plans.
The Prime Minister was forced to scrap plans to restrict eligibility for the personal independence payment (Pip) to avoid a Labour rebellion which could have led to him losing a crunch Commons vote.
The change could force Chancellor Rachel Reeves to raise taxes in order to balance the books without the expected savings in the welfare budget.
But at Prime Minister's Questions, Sir Keir defended what was left of the welfare reform package, telling MPs it will be 'better for individuals, better for the taxpayer and better for the economy'.
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Following other cities, Cannes will begin 'regulating, organizing' cruise calls
Following other cities, Cannes will begin 'regulating, organizing' cruise calls

Travel Weekly

time28 minutes ago

  • Travel Weekly

Following other cities, Cannes will begin 'regulating, organizing' cruise calls

PARIS (AP) -- The French Riviera resort of Cannes is imposing what its city council calls "drastic regulation" on cruise ships, halving the number of very large ships allowed in its harbor and capping the daily number of passenger visits at 6,000 starting next year. The city is joining a growing global backlash against overtourism, which recently saw uproar over Jeff Bezos' and Lauren Sanchez' Venice wedding, water-gun protests in Spain and a surprise strike at the Louvre Museum. "Less numerous, less big, less polluting and more esthetic" -- that's the aim of Cannes city councilors who voted June 27 to introduce new limits on cruise ships in its ports. The aim is to ban all ships carrying more than 1,300 people by 2030, city hall said in a statement. Starting next year, a maximum of 6,000 cruise passengers will be allowed to disembark per day, and the number of ships carrying more than 5,000 passengers will be cut by 48% in 2026. Larger ships will be expected to transfer passengers to smaller boats to enter Cannes. France, which drew in some 100 million visitors last year, more than any other European country and more than the country's population, is on the front line of efforts to balance economic benefits of tourism with environmental concerns while managing ever-growing crowds. "Cannes has become a major cruise ship destination, with real economic benefits. It's not about banning cruise ships but about regulating, organizing, setting guidelines for their navigation," mayor David Lisnard said in a statement. Cruise operators have called such restrictions damaging for destinations and for passengers. Two cruise ships were scheduled to dock in Cannes on June 29, each bigger than the upcoming 1,300-passenger limit and with a combined capacity of more than 7,000 people. Their owners did not immediately respond to requests for comment on the new restrictions. The nearby Mediterranean city of Nice announced limits on cruise ships earlier this year, as have some other European cities. Others are implementing additional taxes on ships. This report was published by the Associated Press.

IRS Turns Focus On Foreign Trust Reporting Including Form 3520-A
IRS Turns Focus On Foreign Trust Reporting Including Form 3520-A

Forbes

timean hour ago

  • Forbes

IRS Turns Focus On Foreign Trust Reporting Including Form 3520-A

IRS Form 3520-A In recent months, the IRS has revised a public announcement and issued an LB&I Practice Unit concerning information returns and penalties associated with foreign trusts. The public announcement attempts to educate taxpayers of the Form 3520-A reporting obligation, and the Practice Unit seeks to educate IRS examiners of the Form 3520-A penalties. Both are discussed more below. Form 3520-A Public Announcement The announcement, revised April 15, 2025, provides a summary of the Form 3520-A reporting requirement, including the 'who, when, and where' related to the information return. Form 3520-A LB&I Practice Unit The IRS released the LB&I Practice Unit on May 1, 2025. Although the Practice Unit relates to both Form 3520 and Form 3520-A penalties, the below summary taken from the Practice Unit focuses solely on the Form 3520-A penalties. Compliance Options U.S. persons with missed Form 3520-A filings have options. In many instances, these taxpayers may qualify for relief under the IRS' Streamlined Filing Compliance Procedures (SFCP). To qualify, however, the taxpayer must have unreported foreign income from certain reportable foreign assets and demonstrate non-willfulness, among other requirements. Taxpayers who fail to meet the requirements of the SFCP should consider the IRS' Voluntary Disclosure Program (VDP). Although the VDP has higher penalties and a longer lookback period compared to the SFCP, the VDP can reduce criminal risks, particularly compared to another compliance option known as a 'quiet disclosure.' Finally, the Delinquent International Information Return Submission Procedures (DIIRS) is another option for U.S. persons who missed a Form 3520-A filing deadline and who do not qualify for the SFCP. Under these procedures, the taxpayer submits the late Form 3520-A with a reasonable cause statement. Under more recent guidance, the IRS no longer assesses an automatic late-filing penalty in these circumstances—instead, the agency reviews the reasonable cause determination to decide whether the penalty should be imposed. If the IRS imposes the penalty, even with the reasonable cause statement, the taxpayer may request review of the penalty determination with the IRS Independent Office of Appeals.

Julien Houdebine named Accor chief sales officer
Julien Houdebine named Accor chief sales officer

Yahoo

timean hour ago

  • Yahoo

Julien Houdebine named Accor chief sales officer

This story was originally published on Hotel Dive. To receive daily news and insights, subscribe to our free daily Hotel Dive newsletter. Julien Houdebine has been appointed global chief sales and revenue management officer at Accor, the company shared with Hotel Dive. Accor's previous chief sales officer, Sophie Hulgard, posted on LinkedIn that she was departing the company due to 'another 're-ing.'' An Accor spokesperson said the company is not undergoing a reorg, but rather a 'regular evolution of the operating model' that is 'part of an ongoing effort to strengthen alignment and coordination across Accor's central and regional divisions.' During her tenure at Accor, Hulgard spearheaded the launch of the company's Global Leadership Council, a collective of travel buyers who meet regularly to discuss shifting traveler expectations, B2B-focused loyalty, distribution and more. On LinkedIn, Hulgard said her time with Accor 'was 5 incredible years in many ways and I am very grateful.' In 2022, Accor announced plans to separate its brands into a premium, midscale and economy division and a luxury and lifestyle division. That reorganization went into effect in early 2023. Prior to joining Accor this year, Houbedine was director of commercial marketing and client experience at French healthcare company Colisée, according to his LinkedIn. He previously held leadership roles at aviation companies Corsair International and Air France. Accor CEO Sébastien Bazin spoke about the company's growth plans at this year's NYU International Hospitality Investment Forum, pointing to future expansion in India and the ultra-luxury segment. Recommended Reading Choice Hotels expands upscale portfolio with Westgate partnership Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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