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Chancellor Rachel Reeves is set to announce a significant budget aimed at addressing a £40 billion funding gap, with a focus on the NHS. Key measures include a £1.5 billion investment in healthcare, tax increases for businesses, and changes to borrowing rules. The budget aims to tackle the NHS backlog of over 7.6 million patients waiting for treatment.
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Chancellor Rachel Reeves delivered a historic Budget, marking the first by a female Chancellor. The £40 billion tax increase aims to address a £22 billion deficit and boost public services, particularly the NHS. Despite promises to protect working people from tax hikes, employers will face significant increases in National Insurance contributions.
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The UK government's planned increase in National Insurance contributions from April 2025 is raising concerns among GP practices and care providers. The rise could lead to significant financial strain, potential staff redundancies, and reduced patient care, prompting calls for government support to mitigate the impact on healthcare services.
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Kemi Badenoch has been elected as the new leader of the Conservative Party, becoming the first Black leader of a major UK political party. She faces the challenge of uniting a divided party and addressing economic policies following a significant electoral defeat. Concerns arise over her potential alignment with populist politics.
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The UK government's decision to restrict winter fuel payments to pensioners claiming pension credit has led to widespread criticism and protests. Critics argue that this policy will force many vulnerable pensioners to choose between heating and eating during the winter months. The government aims to save £1.5 billion annually through these cuts.
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The SNP has introduced an amendment to tax House of Lords members on their daily allowances, while also calling for the chamber's abolition. This follows a Liberal Democrat initiative to reform hereditary peerages, aiming for a fully elected upper chamber. Both proposals highlight ongoing debates about the future of the House of Lords.
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The UK government has announced a £712 million investment to improve bus services across England, aiming to end the 'postcode lottery' of transport access. The funding will be allocated based on need, with additional measures to cap fares at £3 until the end of 2025.