From Dailymail · · 2m
Portent of a Budget crash?
Political journalist captures moment large branch breaks off while filming Budget challenges.
In brief
Political journalist captures moment large branch breaks off while filming Budget challenges. Daily Mail journalist Christian Calgie and cameraman Aiden Smith filmed a collapsing tree branch while reporting on Chancellor John Healey's upcoming Budget challenges. Originally reported by Dailymail.
Budget filming moment
Political correspondent Christian Calgie and cameraman Aiden Smith filmed around Westminster before a large branch crashed down on their equipment.
Chancellor's Budget challenges
Chancellor John Healey faces tax hikes as energy costs rise and Labour government plans new levies.
VAT cut wiped out
Recent VAT cut on household electricity bills is being wiped out by rising gas and oil prices.
Chancellor's tax plans
Chancellor John Healey may freeze income tax thresholds for another year and lower property tax thresholds.
Machine Games Duty
Chancellor plans to double Machine Games Duty to 40 percent despite warnings it could lose Treasury money.
Property tax changes
Property tax threshold lowered from £2 million to £1.5 million affecting 200,000 homes.
Banking challenges
Banks face £2 billion raid as Chancellor seeks new tax revenue sources.
Labour government stance
Labour government promises to stick to Sir Keir Starmer's manifesto red lines on income tax, National Insurance and VAT.
Capital Gains Tax
Chancellor risks anger of hard-left Labour backbenchers by rejecting calls to raise Capital Gains Tax.
Tax revenue concerns
Official modelling suggests raising Capital Gains Tax would backfire and lose Treasury money.
Energy costs impact
Rising gas and oil prices are wiping out recent VAT cuts on household electricity bills.
Chancellor's challenges
Chancellor John Healey faces pressure to find new tax revenue sources amid economic uncertainty.
Tax thresholds
Income tax thresholds may be frozen for another year, having not moved since 2021.
Property tax impact
200,000 family homes could be added to property tax as threshold drops from £2 million to £1.5 million.
Machine Games Duty
Chancellor plans to double Machine Games Duty to 40 percent despite warnings it could lose Treasury money.
Budget timing
First Budget of Andy Burnham's premiership will be announced next week.
The bottom line
Daily Mail journalist Christian Calgie and cameraman Aiden Smith filmed a collapsing tree branch while reporting on Chancellor John Healey's upcoming Budget challenges.
