Teleri Glyn Jones

Nov 3, 2024 | yahoo.com | Teleri Glyn Jones |Paul Pigott

Plans to scrap an inheritance tax exemption for farms worth more the £1m will not be reversed, even though "some farmers in Wales won't be happy", the Welsh secretary said. Jo Stevens defended the new tax on combined business and agricultural assets at an effective rate of 20% from April 2026. One Welsh farmer said the new rules meant he may not have children while the leader of Welsh Conservatives in the Senedd called the changes "devastating" for farm families.

Oct 27, 2024 | ca.finance.yahoo.com | Teleri Glyn Jones

Finance Secretary Mark Drakeford has said he does not expect "a bumper Budget for Wales" from Chancellor Rachel Reeves on Wednesday. But he told BBC Politics Wales he expected her to set out "the first steps" to "repair the damage of the last 14 years" when the Tories were in power, but indicated it could take five years to achieve that.

Oct 27, 2024 | finance.yahoo.com | Teleri Glyn Jones

A pseudonymous Polymarket trader by the name of ‘Redegen’ has taken a sizeable position on Vice President Kamala Harris winning the popular vote in the November election. What Happened: Redegen stated on X that if his bet proves accurate, he could bank a profit of almost $4 million. “I think it’s a hugely EV+ bet,” he said, citing the stability of Harris’s lead and estimating Donald Trump has less than a 15% chance of overcoming it.

Sep 15, 2024 | yahoo.com | Teleri Glyn Jones

Teleri Glyn Jones - BBC NewsSeptember 15, 2024 at 8:36 AM·4 min readFirst Minister Eluned Morgan says she will "undoubtedly fall out" with the UK Labour government as she tries to realise her own plans for Wales. She told BBC Politics Wales that as first minister she would have a "country first, party second" approach.

Sep 6, 2024 | bbc.co.uk | Teleri Glyn Jones

A council tax increase hike on second homes on the Welsh coast feel like "a kick" and is "counterproductive" for an area that relies on tourism, according to a holiday-home owner. Retired doctor Dr David Robinson said he pays a 300% council tax premium on his wooden chalet in Burton, Pembrokeshire, even though it would be unsuitable as a permanent home for local people. The number of second homes for sale in the Welsh county has trebled since council tax increased by 200%.