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Johnson proposes UK tax hike to support health and social care crisis

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UK Prime Minister Boris Johnson has unveiled plans to raise taxes to support the National Health Service

Johnson set out plans to raise taxes on workers, employers and some investors in an attempt to fix a health and social care funding crisis.

The proposal though has angered some in his governing party following the PM breaking election promises.

The UK government spend billions to fight the coronavirus pandemic – but now the Prime Minister is returning to an election pledge to address the United Kingdom’s creaking social care system – where costs are projected to double as the population ages over the next two decades.

Boris Johnson also attempted to try and tackle a backlog in Britain’s health system, which has seen millions waiting months for treatments such as operations from the state-run National Health Service.

The delays had been caused after resources were refocused to deal with COVID-19.

“It would be wrong for me to say that we can pay for this recovery without taking the difficult but responsible decisions about how we finance it,”

THE PM SAID IN PARLIAMENT

The UK’s history of health care struggles

Politicians in Britain have attempted to find a resolution to pay for social care for years, though successive Conservative and Labour prime ministers have ducked the issue because they feared it would anger voters and their own parties.

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Trump considers slashing China tariffs by over 50%.

Trump considers significant tariff cuts on Chinese imports to ease tensions; negotiations continue as China remains firm.

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Trump considers significant tariff cuts on Chinese imports to ease tensions; negotiations continue as China remains firm.


In a major policy shift, President Trump is exploring a significant cut to tariffs on Chinese imports — a move that could ease tensions between the two superpowers.
Talks are ongoing, and the White House suggests a new tiered approach. China, while open to negotiations, remains firm that it won’t engage under threats.

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#ChinaTariffs #TrumpTariffs #TradeWar #USChina #GlobalMarkets #EconomicPolicy #TickerNews #Geopolitics

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Trump backs Powell, markets surge after policy shift

Trump endorses Powell, calming political fears; markets rise as investor confidence grows.

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Trump endorses Powell, calming political fears; markets rise as investor confidence grows.


Trump backs Powell, markets surge after policy shift.
President Trump has confirmed he won’t fire Federal Reserve Chair Jerome Powell, easing fears over political interference in U.S. monetary policy. His softer tone boosted investor confidence, sending stock futures higher and gold prices down from recent highs.

Experts had warned that removing Powell could cause legal and economic chaos.

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#Trump #FederalReserve #JeromePowell #Markets #GoldPrices #StockFutures #USPolitics #TickerNews

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Vance warns US might withdraw from Ukraine talks

JD Vance warns US may end peace talks as Ukraine rejects Trump’s ceasefire deal after Rubio cancels trip to London.

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JD Vance warns US may end peace talks as Ukraine rejects Trump’s ceasefire deal after Rubio cancels trip to London.

In Short

JD Vance has threatened to withdraw U.S. support for Ukraine peace talks after President Zelensky rejected Trump’s ceasefire proposal.

Meanwhile, Secretary of State Rubio cancelled his attendance at a London meeting, emphasising the need for territorial compromises from both Ukraine and Russia to achieve a ceasefire.

JD Vance has threatened to withdraw U.S. support for Ukraine peace talks following President Volodymyr Zelensky’s rejection of Donald Trump’s ceasefire proposal.

Secretary of State Marco Rubio also cancelled his attendance at the London meeting after Zelensky refused to recognise Russia’s annexation of Crimea.

Vance stated that both Ukraine and Russia need to make territorial compromises to facilitate a ceasefire. He emphasized that if there is no agreement, the U.S. may step back from negotiations.

More discussions

Rubio expressed his intention to follow up on discussions in London but noted that the U.S. must reconsider its involvement if a resolution seems unattainable.

According to reports, Trump’s proposal includes recognising Crimea as part of Russia and restricting Ukraine’s NATO ambitions, while lifting sanctions on Russia and increasing economic cooperation.

Zelensky reaffirmed Ukraine’s commitment to negotiations but insisted on a complete ceasefire following recent attacks that resulted in civilian casualties.

He accused Russia of stalling on diplomatic initiatives while continuing military operations.

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