Newsgather

abolition

Steady19 stories14 sourcesLast updated: 3d ago

Latest Stories

Housing minister says outright leasehold abolition 'almost certainly impossible'
Developing
Politics·4/29/2026AI summary

Housing minister says outright leasehold abolition 'almost certainly impossible'

Housing minister Matthew Pennycook has said outright and immediate abolition of the leasehold system in England and Wales would be 'almost certainly impossible', rejecting accusations the government is dragging its feet on reform. The government will instead 'dismantle' the system before the next election by making it easier for leaseholders to convert to commonhold ownership, banning new leasehold flats and capping ground rents at £250 a year. Critics including the Green Party and campaign group Free Leaseholders have accused Labour of rowing back on election promises.

B
BBC UK News
Housing minister says immediate leasehold abolition 'almost certainly impossible'
Developing
Politics·4/29/2026AI summary

Housing minister says immediate leasehold abolition 'almost certainly impossible'

Housing minister Matthew Pennycook has said outright abolition of the leasehold system in England and Wales would be 'almost certainly impossible', rejecting claims the government is rowing back on Labour's election promises. In a speech at the Institute for Government, he said the government would 'dismantle' the system by making it easier for leaseholders to convert to commonhold, but acknowledged the process would take time. The draft bill would ban new leasehold flats and cap ground rents at £250 annually.

B
BBC UK News
Sunak Calls for National Insurance Abolition to Counter AI Job Displacement
Developing
Politics·4/22/2026AI summary

Sunak Calls for National Insurance Abolition to Counter AI Job Displacement

Former Prime Minister Rishi Sunak has called for the abolition of National Insurance to counter AI's impact on jobs, suggesting the tax be replaced with corporate profit taxes. Speaking as an adviser to Anthropic and Microsoft, Sunak acknowledged concerns from graduates seeking entry-level positions in law, accountancy and creative sectors. He also revealed concerns about Anthropic's Mythos AI tool, which outperformed humans in hacking and cybersecurity tasks.

B
BBC Technology
Rishi Sunak Calls for National Insurance Abolition to Counter AI Job Displacement
Developing
Politics·4/22/2026AI summary

Rishi Sunak Calls for National Insurance Abolition to Counter AI Job Displacement

Former Prime Minister Rishi Sunak has called for the abolition of National Insurance to make hiring workers more attractive as AI increasingly affects jobs. Now an adviser to AI firms Anthropic and Microsoft, Sunak acknowledged concerns from graduates seeking entry-level jobs are justified. He suggested rebalancing the tax system by replacing National Insurance with corporate profit taxes, warning that AI's impact on employment may differ from previous technology cycles. Sunak also revealed concerns about Anthropic's Mythos tool, which can outperform humans at hacking and cyber-security tasks.

B
BBC Business