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Andy Burnham unveiled a scheme to give first-time buyers in England a helping hand onto the property ladder, with further details set to be outlined in the Budget.

The Your First Home initiative was unveiled at the weekend and will give first-time buyers the chance to buy a new-build property with a 2.5% deposit, with the Government stepping in to lend them an extra 20% towards the cost.

People will be able to access equity loans with an initial interest-free period.

Developers will also be expected to make a contribution when signing up to the scheme, to help cover costs.

GB News’ Personal Finance Correspondent Temie Laleye reports.

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“I couldn’t think of anything MORE DIVISIVE…”

Watch as Reform UK Leader Nigel Farage FUMES at Andy Burnham’s dishonesty when addressing the public about his plans for Britain and the European Union.

Farage pointed out that Burnham said that joining the EU, the Single Market or Customs Union wasn’t even on the table. However, fast forward to his Labour Party conference only this week, and ‘everything is on the table.’

#EU #Brexit #UKPolitics #NigelFarage #GBNews

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Labour have expressed alarm over Britain’s fuel supply after Donald Trump signalled he may implement a diesel export ban.

Petrol prices in Britain have soared by 11p in a month to £1.74 a litre, while diesel has risen 15p in a month, now sitting just below £2. Drivers have been warned diesel could hit £3 a litre in the coming weeks.

Britain has only 42 days worth of diesel supply, leaving it particularly exposed. Canada stocks more than 3 and a half years’ worth, while Germany has more than a year’s supply. Out of similar countries, only Australia has less diesel, at 31 days’ worth.

Britain imports around half of its diesel and about a third of these imports come from the US. Donald Trump, vulnerable to political pressure ahead of the US midterms, is weighing up a diesel export ban to relieve price pressure on the domestic market.

Business Secretary Jonathan Reynolds said he was concerned.

#iran #costofliving #inflation #fuel #diesel #petrol #labour

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Kemi Badenoch has accused Labour of ‘denying people democracy’ for delaying four mayoral elections.

Speaking to GB News, the Conservative Party Leader hit out at the proposals, which will see four new combined authorities – Essex, Suffolk & Norfolk, Hampshire & the Solent and Sussex & Brighton – have polls pushed back by two years.

She said: “I think it is a scandal. This is yet another example of Labour not being ready for government… This is now out of control. They need to have these elections. They should not be denying people democracy.”

#KemiBadenoch #Labour #ukpolitics #GBNews

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In a blistering assessment, Priti Patel brands the Labour government as “shambolic” following its recent U-turn on mandatory digital ID cards for workers.

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