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Showbiz

Nadhim Zahawi hits back at Adil Ray as he fiercely defends Johnson

Good Morning Britain host Adil Ray locked horns with Nadhim Zahawi during Thursday’s instalment of the ITV news programme as the Conservative MP fiercely defended Boris Johnson. Zahawi claimed Johnson pulled out of the race to replace Liz Truss as Prime Minister to allow Rishi Sunak to become the nation’s leader despite getting “102 endorsements”. […]

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UK

Winter blackouts ‘extremely unlikely’ says Nadhim Zahawi

Winter could come early in 2022, meteorologists believe, and Met Office chiefs expect a bracing cold will set in late this year. A “cold snap” could bring ice-cold temperatures, snow and ice over the country – especially northern England – late this year. They could spike the country’s energy usage, raising the possibility of planned […]

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Finance

Nadhim Zahawi announces energy bills rebate details including £66 off from October

The Government also announced that for those with no energy meter or no direct relationship with their supplier, such as those living in park homes, there will be more funding will be available to provide support to the “one percent of households who will not be reached through the Energy Bills Support Scheme”. More details […]

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Finance

Nadhim Zahawi, the chancellor with his eye on the top job

This week, only Nadhim Zahawi has ridden a political rollercoaster to rival the one that ejected Boris Johnson from Downing Street. On Monday, he was the UK’s education secretary — his first cabinet posting. By Tuesday, he had been promoted to chancellor. On Wednesday, he was plotting tax cuts alongside the prime minister. And by […]

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Finance

Nadhim Zahawi urged to cut ‘punitive’ 25% tax which sees savers lose out on free cash

The new Chancellor will have a multitude of issues to deal with as he starts his tenure, however, he has been encouraged to look at one particular form of saving. The Lifetime ISA (LISA) is designed to help Britons save towards the specific goal of either purchasing their first home, or saving for retirement.  It […]

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Finance

Nadhim Zahawi urged to slash ‘stealth taxes’ as millions to be hit with higher tax bands

Mr Zahawi is Prime Minister Boris Johnson’s third Chancellor in as many years, and he has a monumental task ahead of him. While there are a number of items which will top his agenda, the Chancellor is facing increasing pressure to take immediate action regarding the cost of living crisis. One option which has been […]

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Finance

Cutting NI isn’t enough – Nadhim Zahawi must axe ‘destructive’ income tax freeze

The picture looks worse over five years. If uprated in line with inflation, the personal allowance would have hit £15,300 in the 2026/27 tax year. Due to the freeze, it will be just £12,800 instead. Likewise, the higher rate threshold would have increased to £61,200 in 2026/27, but instead it will stand at just £51,200. […]

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Life Style

Nadhim Zahawi net worth: How much is the new Chancellor worth compared to Rishi Sunak?

While Sunak’s career in banking undoubtedly makes the former Chancellor wealthy, the bulk of his wealth comes from his marriage.  His wife is the daughter of one of India’s most affluent entrepreneurs, Narayana Murthy, the founder of IT company Infosys. Together, the Sunaks are said to have a combined fortune of £730million.  He was previously […]

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Finance

Nadhim Zahawi to review corporation tax rise as Boris Johnson battles to stay in office

Nadhim Zahawi, the UK’s new chancellor of the exchequer, has said he will review government plans to raise corporation tax from 19p to 25p as Boris Johnson seeks to rescue his floundering administration. Zahawi was appointed on Tuesday night after the shock resignation of his predecessor Rishi Sunak, health secretary Sajid Javid and multiple junior […]

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UK

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