News
Taxes up, spending up – It’s Reeves’ gig gamble
THE HEADLINE from today’s Budget is a £40bn increase in taxes.
However, those tax increases are aimed at wealth, investment income, and businesses rather than standard-rate income taxpayers.
For the latter, the minimum wage rose, the price of draught beer was cut, the freeze in income tax thresholds will end, fuel duty will not rise, and the government is forecast to pump £70bn into public services and national infrastructure.
For small businesses, the Chancellor promised to “permanently lower business rate multiplies” for retail and hospitality businesses, cutting the amount of money High Street business pay in rates.
However, the Chancellor giveth and the Chancellor taketh away.
Rachel Reeves said that the employers’ NI rate will increase to 15 per cent from April next year.
In addition, the threshold at which employers start paying NI on each employee’s salary will drop from £9,100 to £5,000.
Those decisions represent a massive tax raid with massive potential impacts on prices (up), wages (lower), and hiring decisions.
Ms Reeves said that the increase in the employers’ NI rate, combined with the lowering of thresholds, would raise £25m for public services.
However, she sugared the pill, also announcing the employment allowance will rise from £5,000 to £10,500.
The Chancellor said: “This means 865,000 employers won’t pay any national insurance at all next year, and over one million will pay the same or less than they did previously.
“This will allow a small business to employ the equivalent of four full-time workers on the national living wage without paying any national insurance on their wages.”
The Chancellor also targeted wealth and inherited wealth.
Inherited pensions, formerly exempt from Inheritance Tax, will be subject to it. The threshold will be frozen (effectively, a rise). The Chancellor reintroduced the cap on lifetime pension pots, which was introduced and then scrapped under the Conservatives.
Farmers leaving estates worth over £1m will be subject to 20% in inheritance tax. Capital Gains Tax on shares and dividend income (unearned income) will rise from 10% to 18% for standard-income taxpayers and to 24% for higher-rate income taxpayers.
For those at the upper edges of income, there was even more bad news. The Chancellor announced the abolition of Non-Dom tax status, which allows the wealthy to duck tax on their income by claiming to be based abroad. That is unlikely to hit many taxpayers, but closing the Non-Dom loophole is an important symbolic act.
Rachel Reeves’s big gamble is that, by frontloading tax increases, there will be no need for substantial future tax rises for the next three years or so. Having boxed herself in on employee NI and income tax, Rachel Reeves left herself limited room for manoeuvre, making tax rises essential if she was to balance the books and fund unaccounted-for expenditures. As examples of the foregoing, Ms Reeves revealed that although the previous government announced compensation schemes for Post Office employees and postmasters and the victims of the contaminated blood scandal, it had not budgeted for funding them and – as Shadow Chief Secretary to the Treasury Laura Trott confirmed afterwards, had no intention of standing by the public sector pay awards it announced at the Budget in March.
The second gamble is that injecting money into capital infrastructure projects will drive forward growth and economic activity. If that happens, it will buck a two-decade-long trend of stagnation and industrial failure. If that works, Labour will reap the benefits; if it doesn’t, and if public services do not improve markedly, Labour will suffer.
News
Steel support ‘will reach thousands’ Welsh Secretary tells Senedd committee
THOUSANDS of people affected by the transition to greener steelmaking at Tata Steel Port Talbot are set to benefit from support set up by the UK Government, Welsh Secretary Jo Stevens has told a Senedd committee.
Appearing before the Senedd Economy, Trade and Rural Affairs Committee as part of its report on the Future of Welsh Steel today (Wednesday 20 November) Welsh Secretary Jo Stevens explained that since taking up her post in July, the Tata Steel Port Talbot Transition Board she chairs had already released £26.5 million to support businesses and workers in Port Talbot and across steel communities.
The Welsh Secretary told the committee that the £80m Transition Board was not fully funded when she came into office. However, she fought for an initial £13.5m in August to support supply chain businesses and workers.
The full £80m was confirmed by the Chancellor in October’s Autumn Budget. Following this, the Welsh Secretary announced last week (16 November) a further £13m to fund grant schemes to help people start new businesses and grow or protect previous businesses.
Dozens of firms in the supply chain are already moving forward with applications and money will be granted in the coming few weeks. The Welsh Secretary added that she expected support in the coming months and years from the Transition Board eventually to help thousands of steelworkers, family members and businesses in the supply chain.
Welsh Secretary Jo Stevens told the Senedd: “Our focus is to make sure that we are protecting Port Talbot as a site of steelmaking in the future and that we will be helping thousands of people through this transition – not just direct employees but people in the supply chain and people in the wider community.
“We as a government see a bright future ahead for steel in the UK. We have a long-term vision that will deliver for the UK and I am determined that Port Talbot will be at the forefront of our steel industry in the future.”
The Welsh Secretary also reiterated to the committee that within weeks of taking office in July the UK Government delivered a better deal that secures the future of Port Talbot Steelworks, laid the groundwork for future investment and improved terms for the workforce without additional costs to the taxpayer.
She added that on arrival in office it was found that the £80m commitment to the Tata Port Talbot Transition Board was unfunded. It was later fully funded at October’s Budget.
Welsh Secretary Jo Stevens told the committee: “The fund of £80m was initially announced last October. Between October 2023 and the General Election in July 2024 not a single penny of that £80m went out of the door to help steelworkers, the supply chain or the wider community.
“After we took office, I was horrified to discover that the £80m was an unfunded spending commitment.
“I have worked very hard to make sure that the £80m has now been confirmed through the Budget.”
Wednesday’s evidence session was the first time that the Welsh Secretary has appeared before a Senedd committee following her appointment in July.
Further funds from the Transition Board will be released over the coming months to provide a wide range of support for steelworkers and the wider community.
The committee was also told that the UK Government is committed to providing up to £2.5bn for steel which will be available through the National Wealth Fund and other routes. This is in addition to the £500m for Tata at Port Talbot steelworks and will harness public and private investment to ensure a sustainable future for UK steelmaking.
The UK Government is also developing a steel strategy that will set out a long-term vision for the steel sector in the UK.
The Welsh Secretary added: “We will have a steel strategy published in the spring to set out that vision for how Welsh steel and UK steel will play such an important part in the future.”
News
Help protect Pembrokeshire’s coastal paths this Big Give Week
PEMBROKESHIRE COAST CHARITABLE TRUST is inviting the public to make a double impact this December by supporting vital efforts to combat coastal erosion and climate change across Pembrokeshire’s cherished coastal paths. For one week only, donations will have an even greater impact in protecting these scenic trails for future generations.
During Big Give Week, which takes place from 3–10 December, any donations made to the Trust’s Save Our Coastal Paths campaign will be matched – allowing each gift to go twice as far in safeguarding this precious coastline and its world-class walking trails.
Regarded by many as a national treasure, Pembrokeshire’s 186-mile Coast Path winds through a breathtaking landscape of cliffs, heaths, and dune grasslands, connected by a web of adjoining trails. This iconic pathway is enjoyed year-round by residents, wildlife, and visitors alike. Yet the increasing pressures of climate change – rising sea levels, frequent storms, and extreme weather – are eroding the coast at an alarming rate, threatening the accessibility of these paths, disrupting local ecosystems, and impacting the tourism that fuels the local economy.
In response, the Pembrokeshire Coast Charitable Trust has partnered with the Pembrokeshire Coast National Park Authority and the National Trails team to launch a proactive approach through the Save Our Coastal Paths campaign. Funds raised during Big Give Week will go toward vital repair work, bridge restorations, debris removal, and re-routes where necessary, ensuring the Coast Path and its connecting pathways remain open and safe for generations to come.
Jamie Owen, Journalist, Broadcaster, and Patron of the Pembrokeshire Coast Charitable Trust, said: “The Pembrokeshire Coast Path is one of the county’s greatest treasures. I have walked it from beginning to end. It would be a tragedy if it became impassable or parts of it simply disappeared. It’s crucial we all do our bit to ensure it’s preserved.”
Katie Macro, Director of the Pembrokeshire Coast Charitable Trust, said: “The Big Give Week is the UK’s largest match-funding event, where supporters of UK charities can have their donations doubled. It’s a fantastic opportunity to rally support and raise funds to help protect Pembrokeshire’s much-loved coastal paths, ensuring they stay resilient against climate change and remain a joy for future generations.
“If you’d like to help, please consider donating during Big Give Week by visiting https://donate.biggive.org/campaign/a056900002TPSPiAAP.”
Further information on the work of the Pembrokeshire Coast Charitable Trust can be found at https://pembrokeshirecoasttrust.wales/.
News
A tribute to Honey Arteya Foxx French, written by her family
MILFORD HAVEN turned into a sea of yellow on Tuesday, 12th November, as the community gathered to bid farewell to Honey, who tragically passed away at her home on Saturday, 19th October, aged just 12 years old.
Honey was the cherished daughter of Alan and Jess, a beloved sister to Travis and Felix, and a deeply adored granddaughter, great-granddaughter, niece, and cousin. She was a bright, intelligent young girl who attended St. Davids School, leaving an unforgettable impression on all who knew her.
The funeral cortege left her home led by a convoy of bikes, passing her favourite play park, Gellyswick Beach—where she spent countless joyful hours—and her former primary school, where staff stood to pay their respects as the hearse passed.
Before arriving at St. Katharine & St. Peter’s Church, the cortege paused on the Rath for a moving tribute. Tugboats flew yellow flags and released a spectacular display of water, followed by 12 blasts of their horns to honour Honey’s age.
At the church, her yellow coffin, engraved with her name and adorned with honeybee carvings, was carried in to the song I Can’t Help Myself by The Four Tops, a nod to her name. The congregation sang All Things Bright and Beautiful, a favourite from Honey’s primary school days. As the service concluded, Little Bitty Pretty One by Thurston Harris, from her favourite film Matilda, played alongside a touching visual tribute.
At Parc Gwyn Crematorium, Honey’s personality shone through in the music choices, with Rock Superstar by Cypress Hill, her favourite song, and Sail Away by David Gray playing as the service ended.
Honey’s floral tributes were later placed at Milford Haven Cemetery on the graves of loved ones. Flowers from her coffin spray were sent out to sea from Gellyswick Bay that evening, a poignant final farewell.
Her heartbroken parents, Alan and Jess, wrote this loving tribute:
“Once upon a time, oh best beloved, there was a little girl called Honey-bee.
Honey-bee was the most loved of all little girls—before her and after her. She filled every inch of space around her with her presence. Her laugh was husky, cheeky, and contagious. Even if her jokes crossed a line, you couldn’t help but laugh—she was hilarious.
Honey loved to sing, much to her mama’s pride. Whether in the car, the garden, or pottering in the kitchen, she memorised songs with ease, belting out her favourites for all to hear. She danced too—many hours were spent grooving to James Brown or Biggie Smalls in the kitchen. Dramatic and bold, she was destined for the stage.
Honey was her Nana’s girl, and their bond was unbreakable. Sleepovers at Nana’s house meant scary movies, silly photos, and endless laughs. One unforgettable day at Scolton Manor spa, Honey, Mum, and Nana found themselves laughing like children in the rain, with Honey unknowingly pulling a rope that dumped a bucket of icy water over her. Chaos followed, but it was legendary.
Honey had a knack for mischief. She once tried to disprove the Tooth Fairy by hiding a tooth for three days, only to pen a threatening letter to the Easter Bunny demanding payment. When her dad tried to play along, she caught him red-handed, sitting upright with a grin and her hand out, saying, ‘I’ll take that.’
Her adventurous spirit extended to animals—she had a pet duck that followed her everywhere. One morning, her dad replaced the duck’s egg with a Cadbury’s Creme Egg. Honey’s delight at finding ‘chocolate-pooping ducks’ was unmatched.
On her third birthday, she was gifted a Shetland pony dressed as a unicorn, which she proudly rode to school. She even tried to save a live rat from the neighbour’s cat, much to her family’s horror.
In school, Honey shone on stage and in sports. She led a petition for a girls’ rugby team, represented Pembrokeshire in shot put, and played the Evil Queen in a school production, dazzling everyone with her confidence and talent. She was a natural leader and a cherished friend to many.
Honey’s love of life and her fearless, mischievous spirit will forever be remembered. She was, and always will be, the most loved little girl.”
Rest in peace, Honey-bee. Your light will never dim, and your memory will live on in the hearts of all who knew and loved you.
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