Financial

Labour propose NHS Pay Rise in General Election campaign and other stories

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Image: Pixabay (DarkoStojanovic)

NHS Staff are being promised higher pay from the Labour Party, with the 1% pay cap to be lifted should Labour takes the reins of government after the General Election.

Labour also pledge to scrap tuition fees for nurses and midwives, as well as introducing stricter rules to insure ‘safe staffing’ in hospitals.

During a BBC R4 Today interview Shadow Health Secretary Jonathan Ashworth, said the budget increases for the NHS under a Labour government would coincide with their plans for raising corporation tax.

Newcastle and West Ham raided

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Newcastle United vs. Middlesborough. Image: Flickr, (Mari)

The stadiums of Newcastle United and West Ham have been raided by Her Majesty’s Revenue and Customs after investigations into transfer dealings.

HMRC have confirmed arrests of ‘several men working within the professional football industry for suspected income tax and national insurance fraud.’

A spokesperson for HMRC released this statement:

180 HMRC officers have been deployed across the UK and France today. Investigators have searched a number of premises in the North East and South East of England and arrested the men and seized business records, financial records, computers and mobile phones.

According to local news sources, Northumbria Police are not assisting in this investigation.

One in three houses bought on discount

The house sales website Zoopla say they are finding that almost a third of house sales are being discounted at just under £25,000 below the asking price.

This trend is taking place mainly in the North East of England.

Darlington, Middlesbrough, South Shields and Yarmouth are among the areas with highest proportion of house prices discounted.

An average of 31.3% of properties across the UK have had their asking prices reduced, with London experiencing an average discount of £57,323.

The full list of the affected areas can be found here.

Boohoo’s Profits Double

Online fashion retailer Boohoo has seen its profits double in the last year, going from £16 million to £31 million before tax.

After a brief scare for shareholders in 2014, Boohoo has been on the up and up with its growth in revenue reaching a net worth of £2 billion this year.

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