Inheritance tax giveaway to feature in first Tory budget alongside welfare cuts

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Chancellor George Osborne set to unveil policy most likely to benefit higher earners on same day as setting out £12bn benefit reductions

George Osborne is planning to use his first Conservative budget to lift all but the very richest households out of inheritance tax on the same day he sets out billions of pounds in welfare cuts.

The move will allow a couple to pass a house worth up to £1m to their children or grandchildren. The chancellor will create a £175,000, tax-free allowance per person for their main property on top of their existing £325,000 allowance that can be applied to all assets.

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Americas MexicoBlog: Mexican billionaire Carlos Slim dumps Trump deal

Vallarta Daily: A television company controlled by Mexican billionaire Carlos Slim has canceled a project with real estate developer and TV personality Donald Trump after his comments insulting Mexicans, Slim’s spokesman said on Monday.

This is the third company to cut ties with Trump, who is seeking the Republican nomination for the November 2016 presidential election. NBC said earlier on Monday that it would no longer air the “Miss USA” and “Miss Universe” pageants due to his comments. Spanish-language broadcaster Univision [UVN.UL] also said on Thursday it would not air the “Miss USA” pageant.

via Americas MexicoBlog: Mexican billionaire Carlos Slim dumps Trump deal.

I welcomed Cameron into my home, but his talk on British Muslims saddens me | Society | The Guardian

Yet he grows serious when he talks about how the government’s rhetoric is putting a strain on British Muslims. “The Muslim community is loyal and committed to protecting this country,” says Rehman, whose father owned a shop, and whose grandfather arrived in the UK in the 1950s. “I have not spoken to one person who condones what is happening [in Syria and Iraq].”

Rehman adds: “He should be saying the majority of us are doing good, and we are trying our best to fight the tiny, tiny minority. I can offer so much to my British neighbours and friends, but will they feel suspicious of me now?

“The community feel they are being targeted. The headlines in newspapers are different when it is a Muslim who has committed violence. If you look at [Zack Davies, who attempted to murder a Sikh dentist in January] wasn’t that terrorism? It made me afraid for myself and my children – will they be attacked by someone with supremacist views?”

via I welcomed Cameron into my home, but his talk on British Muslims saddens me | Society | The Guardian.

Burqa-wearing gang convicted for series of smash-and-grab raids in London | UK news | The Guardian

A violent “smash-and-grab” gang who wore burqas during a string of high-profile raids in London are facing prison after four members of the group were convicted.

The gang took part in raids dating back to 2007, including a heist at Selfridges department store in which £1.5m worth of watches were stolen.

via Burqa-wearing gang convicted for series of smash-and-grab raids in London | UK news | The Guardian.

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