Summary
The article covers two main topics. First, it discusses potential tax increases in the UK, as mentioned by Labour party members during a conference in Liverpool. Second, it highlights a new Gaza peace plan proposed by US President Trump and Israeli Prime Minister Netanyahu, with discussions at the White House urging Hamas to accept the plan.
Key Facts
- Labour Chancellor Rachel Reeves spoke about possible tax rises in the upcoming UK Budget.
- Reeves did not dismiss the idea of raising income tax, VAT, or national insurance rates.
- There is a possibility of the UK government adding VAT to private healthcare and financial services.
- A £50 billion funding gap is prompting discussions around "harder choices" regarding taxes.
- US President Trump and Israeli Prime Minister Netanyahu announced a Gaza peace plan.
- The plan includes an immediate ceasefire and the exchange of hostages for Palestinian detainees.
- Hamas has not formally received the peace proposal.
- Former UK Prime Minister Sir Tony Blair is expected to have a significant role in post-war Gaza as part of a Board of Peace.
