Calum Muirhead
@Cal_Muirhead
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Executive Editor, Financial Mail on Sunday. All opinions my own. Any tips DM or email [email protected]
London, England
Joined November 2018
The UK's net zero drive could end up costing Britons as much as ยฃ4.5 trillion, according to modelling quietly published last month by the government's power grid operator. Read more below in today's Mail on Sunday ๐ https://t.co/DEtFqvM9yp
dailymail.co.uk
Critics said the mounting costs for measures such as wind farms, solar panels, green heating systems and upgrades to roads and railways are significantly higher than previous forecasts.
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NEW: 1/The government is poised to announce a u-turn on sharp increases to the business rates bill faced by pubs. It's expected that the government will reduce the so called "multiplier" - the percentage of a pubs rateable value used to calculate business rates bills....
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As Zelensky prepares to meet Trump for peace talks, today's MoS reports from Horishni Plavni, a town in the heart of Ukraine that hosts the giant Poltava pit, owned by mining group Ferrexpo, as it prepares to mark a fourth year of war. Read more below ๐ https://t.co/bPEXG6wOEZ
thisismoney.co.uk
Air raid alerts are poor substitutes for alarm clocks, but in Ukraine they often perform the same function.
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Lots of big tax rises, mostly happening around election year. What could possibly go wrong?
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Rachel Reeves can count herself (at least a bit) lucky. OBR productivity downgrade would have knocked ยฃ16 billion off tax receipts. But she was saved by ยฃ32 billion of *extra* receipts from higher inflation and a shift to more tax-rich growth (lower profits, higher wages).
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Great to see the plight of Hong Kong BNO holders in the UK being given more coverage following the Mail's work on the issue of Beijing freezing their pension savings. https://t.co/4ogogDgxbI
ft.com
People who fled Chinese territory are angry after London looks at doubling length of time required to gain citizenship
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...and even savers who think that they are not exposed to AI stocks could be hit, as I explain. You may think you're investing around the globe, but, in fact, your fund may be mostly focused on the tech titans of Silicon Valley ๐ฒ #financialmailonsunday
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There are more warnings of global meltdown. But where could it start? Taiwan is one location, as @Cal_Muirhead and @PatrickTooher report ...
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Labour MP @Phil_Brickell highlighting the Mail's reporting on the injustice faced by Hong Kong BNO holders being denied over ยฃ1bn of their own pension savings in Parliament yesterday.
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Shadow Chancellor @MelJStride joins calls for Labour to pressure Beijing to release over ยฃ1bn in life savings owed to British Hong Kongers who fled to the UK to escape China's crackdown on democracy. Read more below in this weekend's MoS ๐ https://t.co/1bymW5N7kt
thisismoney.co.uk
Many say they are too scared to demand access to their pension pots, which have been blocked by the Chinese authorities with the aid of some of the UK's largest banks.
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๐ฐ Britain is facing a pension poverty 'timebomb' as the cost of living crisis forces people to stop saving into their retirement pots as they struggle to afford bills and other essentials. Read more below from @EleanorHarding and I ๐ https://t.co/Fz5NCzKxvO
dailymail.co.uk
Britain is facing a pension poverty 'time bomb' after Rachel Reeves' (pictured) punishing tax grab helped plunge retirement savings by 20 per cent in six months.
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One of Labour's favourite financial gurus behind its hated inheritance tax raid on farmers is now pushing for the government to hike capital gains tax to plug a ยฃ30bn hole in the nation's finances ๐
dailymail.co.uk
Arun Advani says changes to the levy are an obvious way to raise cash from the richest people and would be more productive than a separate tax on wealth.
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Financial Mail on Sunday What Jeremy Clarkson thinks will be the dire fate of rural pubs when business rates changes arrive. Why in-person agms are key to shareholder democracy and the absence of disabled people in boardrooms @Cal_Muirhead @ruthiesun @PatrickTooher @emilyhwkns
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What age did you start saving for your retirement? According to the boss of L&G, teens should start a pension at the same time they are able to drink and has called on the government to cut the auto-enrolement age. Read more below๐
thisismoney.co.uk
Antonio Simoes has called for the age at which workers are automatically included in company pensions schemes to be cut.
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The humble village pub is facing a fresh battering as landlords including @JeremyClarkson warn a looming review of business rates could force struggling boozers to pay the tax for the first time. Read more below from @emilyhwkns๐ https://t.co/CbTPDqDCIM
thisismoney.co.uk
Bosses have warned that the Government must intervene to stop smaller taverns from being dragged into paying business rates for the first time.
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Today Financial Mail on Sunday More trouble at the water companies and the ยฃ22m that could have been yours if you had put away ยฃ100-a-month starting on Live Aid @Cal_Muirhead @patricktooher @emilyhwkns ๐ง
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