Boris Johnson news live: Income tax cuts ‘will come too late,’ Rishi Sunak told as Tories criticize budget

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A promise by Rishi Sunak to cut income tax by 1p in 2024 will come “too late” for families struggling with the current cost-of-living squeeze, a Conservative MP has warned.

Richard Drax, the Tory MP for South Dorset, welcomed some of the announcements in the chancellor’s spring statement but called on the Treasury to “go further”.

“I welcome the chancellor’s talk of more tax cuts to come, but in my humble opinion, and certainly for my constituents for the reasons I’ve stated, they will come too late,” he said.

Mr Sunak also slashed fuel duty by 5p and raised the threshold at which workers pay national insurance contributions by £3,000.

But Peter Aldous, the Tory MP for Waveney, said Mr Sunak’s failure to provide a real-terms increase to Universal Credit payments would see those “most exposed” to inflationary pressures hit with a further fall in their spending power, “following a decade of real-terms freezes or cuts.”

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Rishi Sunak borrowed a car from a Sainsbury’s worker – and had his photo taken – to prove he’s one of us

“The New Cross shop assistant who lent Sunak his Kia Rio can count himself lucky – he, at least, got as much as a third of a tank of free petrol out of the chancellor,” writes Tom Peck.

Read his full piece here:

Matt Mathers24 March 2022 15:45

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Who are the latest entities and individuals to be targeted?

The UK has pledged dozens of new sanctions against entities and individuals deemed to be “fueling (Vladimir) Putin’s war machine”.

The exact number hit with punitive measures on Thursday was unclear – as a notice from the Treasury said 59 entries had been added to the list, while Foreign Secretary Liz Truss said 65 new sanctions had been announced.

Matt Mathers24 March 2022 15:30

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Who is sanctioned ‘stepdaughter’ of Russia foreign minister?

Polina Kovaleva is in her mid-twenties, and said to have master’s degree from a leading London university and experience traveling the world.

Ms Kovaleva, 26, is the alleged stepdaughter of the Russian foreign minister, Sergei Lavrov, and is said to own a London property worth in the region of £4 million.

Her assets in the UK will now be frozen, along with the other newly targeted individuals, the Foreign Office said – which means no person or company in the country can do business with her.

A new financial sanctions notice from the Treasury, published on Thursday, gave a Kensington address for her property, which tallies with reports she bought a luxury apartment in the area with no mortgage in 2016, when she was only 21.

MPs and campaigners had previously called for Ms Kovaleva to be sanctioned, according to The Daily Telegraph, as her mother is said to be Mr Lavrov’s alleged mistress.

Amy Gibbons have more details below:

Matt Mathers24 March 2022 15:12

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Who is sanctioned ‘stepdaughter’ of Russia foreign minister?

Polina Kovaleva is in her mid-twenties, and said to have master’s degree from a leading London university and experience traveling the world.

But as of today, she has also been sanctioned by the UK Government over Russia’s invasion of Ukraine.

Ms Kovaleva, 26, is the alleged stepdaughter of the Russian foreign minister, Sergei Lavrov, and is said to own a London property worth in the region of £4 million.

Her assets in the UK will now be frozen, along with the other newly targeted individuals, the Foreign Office said – which means no person or company in the country can do business with her.

A new financial sanctions notice from the Treasury, published on Thursday, gave a Kensington address for her property, which tallies with reports she bought a luxury apartment in the area with no mortgage in 2016, when she was only 21.

MPs and campaigners had previously called for Ms Kovaleva to be sanctioned, according to The Daily Telegraph, as her mother is said to be Mr Lavrov’s alleged mistress.

Amy Gibbons have more details below:

Matt Mathers24 March 2022 15:12

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Sunak’s tax cuts will have ‘negligible impact’ on poorest, Tory MP says

The chancellor slashed fuel duty by 5p and raised the threshold at which workers pay national insurance contributions by £3,000.

But Peter Aldous, the Tory MP for Waveney, said Mr Sunak’s failure to provide a real-terms increase to Universal Credit payments would see those “most exposed” to inflationary pressures hit with a further fall in their spending power, “following a decade of real-terms freezes or cuts.”

“While the measures announced will go some way to alleviating the crisis for many families, it is worth putting in context the more negligible impact they will have for the most vulnerable,” he added.

Matt Mathers24 March 2022 15:02

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Cut to income tax will come too late, Tory MP warns

A promise by Rishi Sunak to cut income tax by 1p in 2024 will come “too late” for families struggling with the current cost-of-living squeeze, a Conservative MP has warned.

Richard Drax, the Tory MP for South Dorset, welcomed some of the announcements in the chancellor’s spring statement but called on the Treasury to “go further”.

“I welcome the chancellor’s talk of more tax cuts to come, but in my humble opinion, and certainly for my constituents for the reasons I’ve stated, they will come too late,” he said.

Matt Mathers24 March 2022 14:55

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Sunak borrows Sainsbury worker’s hatchback for mini-Budget photo-shoot

The car which Rishi Sunak was pictured filling with petrol to highlight his 5p cut to fuel duty last night did not belong to the chancellor, it has emerged.

Our politics editor Andrew Woodcock reports:

Matt Mathers24 March 2022 14:45

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Patel meets G7 leaders

Alongside the photograph she tweeted: “Meeting of G7 Interior Ministers today to discuss our response to Russia’s invasion of Ukraine – I set out the UK’s humanitarian response and our schemes to welcome Ukrainians to the UK & the various forms of aid we are sending to Ukraine and the region.

“International allies must continue working together to denude (Vladimir) Putin of his ability to wage his barbaric war.

The Home Secretary Priti Patel has posted a photograph of herself on Twitter at a meeting with G7 interior ministers to discuss the Russian invasion of Ukraine.

Matt Mathers24 March 2022 14:38

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Are you doing enough for Ukraine, Johnson asks Nato allies

Boris Johnson is understood to have asked allies at the Nato summit to question whether they have done enough to support Ukraine against the Russian invasion.

According to a UK official, the Prime Minister said: “We all want Putin to come to his senses, put his tanks into reverse.

“He’s gonna grind on. Only has forward gears. He’s already crossed the red line into barbarism. The heroism of the Ukrainians has fundamentally changed the geopolitics of Europe…”

He added: “People will ask, did we do enough? I don’t think we can deny them in their moment of agony. We have the means and they have need.”

Matt Mathers24 March 2022 13:52

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PM not ‘anti-Russian’, Downing Street says

Downing Street rejected a Kremlin claim that Boris Johnson was “anti-Russian”.

The prime minister’s official spokesman said Mr Johnson was among the “most active” leaders in opposing Vladimir Putin but had no issue with the Russian people.

“The prime minister is among the most active anti-Putin leaders. We have no issue with the Russian people and in fact we have seen many bravely protest – not least Alexei Navalny – against Putin’s regime and call on them to cease this war,” the spokesman said.

“But we are among some of the world leaders that have been the most proactive when it comes to taking steps to both defend Ukraine’s interests and up pressure on Putin to change course.”

The spokesman said there were “very strong defenses in this country” in case the UK was targeted by Russia with retaliatory measures.

Matt Mathers24 March 2022 13:30

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George Holan

George Holan is chief editor at Plainsmen Post and has articles published in many notable publications in the last decade.

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