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1. Households face £30bn stealth raid over Rishi Sunak’s tax freeze
Families will pay an extra £30billion a year in tax as soaring inflation pushes millions into higher tax brackets, according to a leading think tank.
Rising prices and the freezing of tax thresholds by former Chancellor Rishi Sunak have left workers facing a stealth raid on their incomes, the Institute for Fiscal Studies (IFS) said. Read the full story.
2. Schools that only have unisex toilets are acting illegally, warns Suella Braverman
Schools that only offer “gender-neutral” toilets are acting illegally, Suella Braverman has said as she uses a major speech to expose the government’s legal advice on transgender students.
The attorney general will warn on Wednesday that teachers who allow students to “socially transition” to the opposite sex without parental consent could breach their duty of care to the child and face a negligence claim. Read the full story.
3. Spanish Heathrow owner plans to sell stake in airport chaos
The Spanish owner of Heathrow is considering selling its 25% stake in the company amid interest from a French investor, following a bitter row with the regulator over airport charges.
Ferrovial, Heathrow’s biggest shareholder, is said to be in talks with advisers over a possible sale of its stake in Britain’s biggest airport after fiercely opposing a decision by the Air Transport Authority. civil aviation to reduce the ceiling on landing fees charged to passengers. Read the full story.
4. Water companies “sold reservoirs that could have alleviated the drought”
Water companies sold reservoirs that could have helped alleviate the drought to property developers, the former head of Natural England said.
Dozens of reservoirs across the country have been abandoned by water companies, while no new ones have been built in the past 30 years. Read the full story.
5. UK could face managed blackouts in worst-case energy crisis scenario
Managed blackouts could be seen in Britain over the winter if the ‘worst case’ energy supply crisis occurs, according to scenario planning by government officials.
The possibility was raised during wargame discussions within the Department for Business, Energy and Industrial Strategy over looming energy supply concerns. Read the full story.
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