Pension funds are braced for a hit worth tens of billions of pounds as Michael Gove, the levelling up secretary, tries to salvage his ambition of overhauling Britain’s centuries-old property leasehold system. Sky News has learnt that the insurance and pensions industries believe that Mr Gove's now-favoured option of imposing a £250 cap on ground rent and transitioning to 'peppercorn' levels over a 20-year period will cost in the region of £30bn. The figure is understood to mirror the Treasury's internal estimate of the cost to investors, according to insiders.
The Yorkshire Shepherdess is still working alongside her estranged husband on their farm, their eldest son has revealed.
A charity said Rishi Sunak’s proposals feel like ‘a full-on assault on disabled people’.