Robert Jenrick reveals homeowners in tall buildings will get billions to replace dangerous cladding

Housing Minister Robert Jenrick was accused of a ‘betrayal of homeowners’ tonight as he confirmed they will get billions of pounds of taxpayers cash to replace dangerous cladding –  but only if they live in the tallest buildings. The cabinet minister unveiled the long-awaited £5billion scheme for victims of the cladding scandal that emerged in the … Read more

Billions on way for victims of the cladding scandal

Long-awaited help for victims of the cladding scandal will be announced by the Government today. Housing Secretary Robert Jenrick will pledge state assistance for many of those hit with huge costs to repair their fire-risk homes. Whitehall sources say under the plan no leaseholders in buildings above 18 metres or six storeys will have to … Read more

Property sales worth billions are at risk over cliff-edge when stamp duty holiday ends, MPs warn 

Property sales worth billions are at risk over cliff-edge when stamp duty holiday ends, MPs warn MPs have warned thousands of house sales at risk when stamp duty holiday ends Cross-party debate heard billions of pounds risked unless tax cut was extended Homebuyers now face anxious wait for Rishi Sunak’s March 3 Budget By Martin … Read more

Joe Biden freezes billions of dollars of arms sales to the Middle East including F-35s to the UAE

Joe Biden freezes billions of dollars of arms sales to the Middle East including F-35s to the UAE and smart bombs for Saudi Arabia State Department says deal for 50 F-35s for the United Arab Emirates is frozen while it is reviewed along with munitions deal for Saudi Arabia Trump administration rushed through last-minute deals … Read more

Scottish nationalists demand billions in ‘Brexit…

Nicola Sturgeon’s SNP demands BILLIONS of pounds in compensation for Scotland to make up for the ‘economic vandalism’ of Brexit England voted to leave the EU in the referendum, but Scotland voted to remain  Scottish National Party say fishermen faced grave disruption due to Brexit Ian Blackford, the SNP’s leader in the British parliament, called for … Read more

Giant firms hand back billions in coronavirus loans

Giant firms hand back billions in coronavirus loans: JCB and Westfield lead the race to repay Bank of England – and British taxpayers Half of the 14 largest loans from an official list published last June have now been repaid Those seven loans were worth £4.2billion  It is understood that many smaller loans have also … Read more

Huge iceberg weighing hundreds of billions of tons closes in on South Georgia

A huge iceberg weighing hundreds of billions of tons is now just 30 miles away from South Georgia – threatening the habitat of millions of penguins. Iceberg A68a – which broke from the Antarctic’s Larsen C ice shelf in July 2017 – slid towards the open ocean for over two years until it hit the powerful Circumpolar … Read more

Thai demonstrators call on king to give up royal fortune of tens of billions of dollars

Thousands of demonstrators called on Thailand’s king to give up control of a royal fortune valued in the tens of billions of dollars today. The demand comes as the latest in months of demonstrations focused squarely on King Maha Vajiralongkorn and the monarchy. The protesters have broken a longstanding taboo by criticising the king in … Read more

Sunak to splash billions in spending review to shore up jobs amid Covid crisis

Rishi Sunak warned Cabinet they face a ‘sobering’ economic situation today as he prepares another spending splurge to shore up jobs and businesses before vaccines finally end the coronavirus crisis.  The Chancellor briefed ministers ahead of a Spending Review that will pump billions of pounds into retraining the unemployed, as well as boosting infrastructure, the NHS … Read more

One last splurge: Rishi Sunak to spend billions of pounds more despite debt pile

Rishi Sunak is readying billions of pounds more for infrastructure, the NHS and defence in what looks like a final splurge as the coronavirus crisis hammers the public finances. The Chancellor will use the spending review on Wednesday to push ahead with huge investment on schools, hospitals, colleges and prisons to meet Tory election pledges.  … Read more