Farage criticised for £400,000 job promoting physical gold as pension investment

Nigel Farage has been criticised over his £400,000-a-year second job promoting the idea that people should buy physical gold and put it into their pension pots.Farage is paid more than four times his MPs’ salary for the four-hour-a-month job at Direct Bullion, where he has featured in Facebook and YouTube videos.These include reels where Farage explains “how you can protect and grow your wealth with tax-efficient gold” by putting it into self-invested personal pensions.However, not all of the Reform UK leader’s videos include disclaimers that the value of gold can go down as well as up, or that his comments should not be considered investment advice. He also does not mention storage costs or flag that gold does not bring in a regular income in interest or dividends

UK politics: Government says it is ‘fully committed to free speech’ after campaigners’ US visa ban – as it happened

Good morning. Christmas is the time of peace on earth and goodwill towards all men. But there is not much sign of that in US/UK relations this morning, where the Trump administration has just sanctioned two Britons, among others, for supposedly trying to suppress free speech in the US, and that has led to the Lib Dem leader Ed Davey engaging in a Twitter spat with a senior figure in the US state department.Let’s start with the sanctions. Yesterday Marco Rubio, the US secretary of state, issued this statement saying:The State Department is taking decisive action against five individuals who have led organized efforts to coerce American platforms to censor, demonetize, and suppress American viewpoints they oppose

Welsh first minister vows to keep Labour ‘most successful democratic party on the planet’

The first minister of Wales has said she is determined for Welsh Labour not to lose its crown as the world’s most successful democratic party, despite warnings it could be relegated to third place in May’s elections.Polls suggest Reform UK and Plaid Cymru could win more seats than Eluned Morgan’s party in the Seneddelections next year, ending 100 years of dominance for Labour in Wales.Morgan said: “Of course I feel the pressure but I’m also determined to turn this round. We’re the most successful democratic political party on the planet. It’s a long winning streak

U-turn on inheritance tax for farmers ‘snuck out’ to avoid scrutiny, say Tories

Ministers “snuck out” the announcement that they had decided to U-turn on inheritance tax for farmers, the Conservatives have said after the government revealed the move in a press release two days before Christmas.The shadow environment secretary, Victoria Atkins, accused the government of trying to dodge scrutiny of its latest policy reversal, under which the threshold for taxing inherited farmland will rise from a planned £1m to £2.5m.The move was announced on Tuesday in a press release from the environment department after months of pressure from farmers, campaigners and some Labour MPs.Atkins told Sky News on Wednesday morning: “This being snuck out the day before Christmas Eve means that, of course, we haven’t had chance to scrutinise this properly in parliament

Keir Starmer encourages Britons to ‘reach out’ to others this Christmas

Keir Starmer has called on Britons to show kindness to struggling friends or family this Christmas, saying being in touch with those in need can make a big difference.Starmer, whose brother died last Boxing Day, said people should channel the spirit of the many volunteers and public sector workers who are on duty this Christmas by resolving to get back in touch with those who might find the time of year difficult.“Some truly special people will be pulling on their uniforms and heading out to work,” he said. “Many volunteers will be out there as well. Serving food

Ministers raise inheritance tax threshold for farms after backlash

Ministers will increase the threshold for taxing inherited farmland from £1m to £2.5m after months of pressure from campaigners and MPs representing rural areas.In a statement slipped out just before Christmas, the environment department announced the U-turn, which will apply from April when the tax kicks in.Plans to tax inherited agricultural assets worth more than £1m at a rate of 20% were announced in Rachel Reeves’s first budget last year.The change reversed tax relief that has existed in its modern form since the 1980s