Recess is over - so what's in store as MPs head back?
The Independent|October 08, 2024
Good news. The House of Commons is back in session, and the coming weeks will provide ample opportunities for your parliamentarians to opine, shine, and, of course, whine for personal and party advantage, as well as for the betterment of the British people.
SEAN O'GRADY
Recess is over - so what's in store as MPs head back?

In a still-new parliament with a record turnover of members, all among them, from the new-ish prime minister to the new leader of the opposition, will have much to prove and still more to keep them busy...

What’s the highlight?

That might be too sparkling a word for it, but the most important set-piece occasion will be the Budget on Wednesday 30 October, which is unfortunately timed adjacent to Halloween. On the downside, Rachel Reeves will have to find further funds to plug the £22bn “black hole” in the public finances she says she discovered soon after taking office – something bitterly disputed by the (for now) shadow chancellor, Jeremy Hunt.

There will be tax hikes all round, some further spending cuts (possibly obscured), changes to the fiscal rules to make life a little easier, and, possibly, some embarrassment if the projected revenues from taxing non-doms and private schools don’t look like materialising after all.

This story is from the October 08, 2024 edition of The Independent.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the October 08, 2024 edition of The Independent.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE INDEPENDENTView All
Old-school Dubois set on inheriting Taylor's throne
The Independent

Old-school Dubois set on inheriting Taylor's throne

Caroline Dubois is unbeaten in 10 fights, has barely lost a round, she is the world champion, and nobody wants to fight her.

time-read
3 mins  |
January 07, 2025
Forest canter past Wolves to continue unbeaten run
The Independent

Forest canter past Wolves to continue unbeaten run

Nottingham Forest opened the door to a surprise Premier League title challenge after a sixth win in a row with a 3-0 victory at Wolves.

time-read
2 mins  |
January 07, 2025
Life after Moyes a mess for incoherent Hammers side
The Independent

Life after Moyes a mess for incoherent Hammers side

As West Ham were defeated, they got a glimpse of what they have lost. David Moyes was at the Etihad Stadium, the scene of his last game as their manager. West Ham were beaten then, just as they were in Julen Lopetegui's latest match in charge.

time-read
4 mins  |
January 07, 2025
Lessons learnt by United or just one more false dawn?
The Independent

Lessons learnt by United or just one more false dawn?

For large parts of his Manchester United career, Bruno Fernandes has appeared the answer. Now he posed the question.

time-read
3 mins  |
January 07, 2025
From recession to rate cuts: 2025 economic predictions
The Independent

From recession to rate cuts: 2025 economic predictions

I usually feel queasy when writing predictions for the year ahead.

time-read
3 mins  |
January 07, 2025
London exchange exodus is a sign of US dominance
The Independent

London exchange exodus is a sign of US dominance

Last year saw the biggest outflow of companies from the London Stock Exchange since the global financial crisis. According to accountants EY, 88 companies, including Paddy Power owner Flutter, travel group Tui and Just Eat, abandoned the London market for US and European exchanges.

time-read
2 mins  |
January 07, 2025
New blow as retailers warn of price hikes and job cuts
The Independent

New blow as retailers warn of price hikes and job cuts

Keir Starmer faces a fresh Budget headache as retailers warn of higher prices and job cuts following disappointing sales in the crucial Christmas \"golden quarter\".

time-read
3 mins  |
January 07, 2025
TALKING TRASH
The Independent

TALKING TRASH

From KKK brawls to the infamous man who married a horse’ episode, a new Netflix documentary delves into the story of The Jerry Springer Show’. Louis Chilton finds out more

time-read
6 mins  |
January 07, 2025
Why the latest social media vogue is a fridge too far
The Independent

Why the latest social media vogue is a fridge too far

Thought wall-to-wall beige and displaying books the wrong way round was bad? They’ve got nothing on fridgescaping’, the most unhinged Instagram trend yet, writes Helen Coffey

time-read
4 mins  |
January 07, 2025
Drill, baby, drill': Big Oil is coming after electric vehicles
The Independent

Drill, baby, drill': Big Oil is coming after electric vehicles

Have you ever gone back over your new year's resolutions from years ago and just thought, \"What was I thinking?\" Over the last year, it seems that Europe's biggest oil corporations did just that.

time-read
4 mins  |
January 07, 2025