Labour go on about Liz Truss but are repeating all Rishi Sunak’s mistakes Opinion Too many in Labour congratulate themselves for rescuing the country from Liz Truss, forgetting that Rishi Sunak and Jeremy Hunt did most of the work. No wonder backbenchers are angry about a policy platform that’s barely distinct form their Tory predecessors, says Will Cooling There’s no shortage of things that have gone wrong with the [...]
Scottish Widows owner: Pension funds deal risks making UK like China Economics Labour’s flagship deal with pension funds risks making the UK economy more like China, the boss of Lloyds Banking Group has warned after its subsidiary Scottish Widows chose not to sign up to the agreement. Chancellor Rachel Reeves won the support of 17 pension funds which agreed to invest at least five per cent of [...]
The Capitalist: Jeremy Hunt demands toaster back from Rachel Reeves Opinion Is Rachel Reeves toast? We don't know, but we do know Jeremy Hunt wants his toaster back; catch up on the latest gossip in The Capitalist.
Rachel Reeves at risk of becoming shortest-serving Labour Chancellor July 2, 2025 Rachel Reeves is at risk of becoming the shortest-serving Labour Chancellor in history after Prime Minister Sir Keir Starmer declined to give her a public show of support. The PM was facing questions at Prime Minister’s Questions today over his handling of a welfare reform package which has been stripped of key elements to limit [...]
£100K isn’t a big salary – and we need to talk about it July 1, 2025 He lives in a grotty flat, shops in Aldi, can barely afford a holiday and earns £100k. Meet Henry: a High Earner Not Rich Yet. He may not attract sympathy, but he’s a symptom a failing economy, says Eliza Filby Nine out of ten Brits earning over £100,000 do not consider themselves wealthy. Maybe you [...]
Can Kemi Badenoch woo the City? July 1, 2025 The Conservative leader sits down with City AM’s City editor, Simon Hunt. The Labour government is gearing up for an anniversary. On 5 July, the party will have completed its first full year in office since it was kicked out in 2010. Having won last summer’s general election with a thumping majority of 411, Sir [...]
Jeremy Hunt ‘made mistake’ in taxing non doms June 27, 2025 Former Chancellor Jeremy Hunt was wrong to target non doms as part of efforts to raise more government revenue from tax, shadow business secretary Andrew Griffith has said. Hunt abolished a special tax status for non-domiciled residents in his last Budget, then raising £2.7bn, before Rachel Reeves went further by removing a carve-out that allowed [...]
Conservatives vow to end oil and gas windfall tax June 12, 2025 Kemi Badenoch will call for an end to the oil and gas windfall tax, in addition to scrapping Labour’s ban on new oil and gas licences, as she seeks to bolster her pro-growth credentials. The Tory leader is expected to announce her party will be “standing up for our oil and gas industry,” in an [...]
Week in Business: Is Rachel Reeves About to Drop a Tax Bombshell on the UK Economy? June 12, 2025 Despite talk of growth and renewal, the economic warning lights are flashing, and experts now predict another £20bn tax raid.
Reeves’ spending spree could open £20bn gap – which taxes will rise? June 12, 2025 Rachel Reeves splashed the taxpayer cash in her inaugural Spending Review, raising expectations the Chancellor may be coming back for more tax revenue in the Autumn if her growth ambitions are not met. Reeves is set to hand out an extra £190bn in government spending over the course of the parliament, in what she described [...]