Author: News Desk

Jeremy Hunt’s Treasury may have broken the law by hiding Budget black hole, says OBR Treasury officials under Jeremy Hunt “broke the law” by failing to report a black hole in the public finances to the Office of Budget Responsibility (OBR), MPs have been told. Richard Hughes, chair of the watchdog, made the accusation to the Commons Treasury select committee during a hearing on the Budget. It comes amid a row over claims made by Rachel Reeves that Mr Hunt failed to disclose a £22bn spending gap ahead of the election. The OBR has since suggested that the real figure…

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Labour accused of ‘traumatising’ farmers in inheritance tax raid amid warning over mental health crisis Get the free Morning Headlines email for news from our reporters across the worldSign up to our free Morning Headlines emailRachel Reeves has been accused of “traumatising” farmers with her new inheritance tax raid on a sector already grappling with a mental health crisis.Farmers will have to pay 20 per cent of tax on inherited agricultural assets worth more than £1m from April under changes announced in the Budget last Wednesday.Coupled with increases in workers’ minimum wage and national insurance for employers, farmers say the…

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Hornby to sell loss making miniature car maker Oxford Diecast Get the free Morning Headlines email for news from our reporters across the worldSign up to our free Morning Headlines emailHornby has agreed to sell off a loss-making subsidiary which makes Oxford Diecast models.Shares in the scale models group rose after it confirmed the deal, which comes as part of a strategy to boost profitability at the Mike Ashley-backed business.The Margate-based company told shareholders it has entered into a conditional agreement to sell its LCD Enterprises business to EKD Enterprises.EKD, a business owned by former chairman and current non-executive director…

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Sectioned patients to avoid being locked in cells in overhaul of mental health system Sign up for our free Health Check email to receive exclusive analysis on the week in healthGet our free Health Check emailPatients sectioned under the Mental Health Act will have more dignity and a say over their care under proposed reforms to what has been described as an “outdated” system.Among the changes as part of the Mental Health Bill, which will come before parliament on Wednesday, police cells and prison cells will no longer be used for people experiencing a mental health crisis, with patients instead…

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The crowd at Trump’s official watch party has just erupted after Fox News projected Donald Trump will win the US presidency. No other US network has made the same projection, including our partners at CBS News.

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At least 36 die after bus falls into a gorge in India At least 36 people have died and 27 others injured after a bus plunged into a 50-meter-deep gorge in Uttarakhand’s Almora district. The accident occurred early on Monday morning in the town of Marchula, when the driver lost control of the bus, which was en route to Ramnagar district.  The bus was carrying 44 passengers, and images from the scene showed the vehicle overturned at the bottom of a hill, with several passengers reported dead at the site. Rescue teams have been working to transport the injured to…

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Protests in Israel after Netanyahu fires defence minister Protests have broken out in Israel following Prime Minister Benjamin Netanyahu’s decision to fire Defence Minister Yoav Gallant. Netanyahu cited a “crisis of trust” between the two leaders as the reason for the dismissal, saying his confidence in Gallant had eroded over recent months. Foreign Minister Israel Katz will take over Gallant’s duties temporarily. Gallant, who had been at odds with Netanyahu on several key issues, suggested his removal was due to disagreements over Israel’s approach to the Gaza conflict, including his belief that painful concessions could help secure the release of…

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