Autumn Statement: 110 measures for growth and an election speech from Hunt November 22, 2023 Only seven weeks ago, Jeremy Hunt swore now was not the time for tax cuts. Now he is army Rishi Sunak with a manifesto of economic promises, writes Sascha O'Sullivan
The Debate: Should we install The Sphere? November 22, 2023 City A.M.’s new weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict.
Sunak is right, Labour spending plans are stuck in a bind without tax hikes November 22, 2023 The ghost of Liz Truss risks haunting both parties at the next election. For the Tories, the damage her short-lived premiership did to their economic credibility is obvious. The threat to Labour is, admittedly, less intuitive. On Monday, Rishi Sunak argued that Truss and Rachel Reeves were two sides of the same fiscally irresponsible coin. [...]
How well we spend our money is just as crucial as how big our ‘fiscal headroom’ is November 22, 2023 Later today, the Chancellor will stand at the dispatch box to deliver his autumn statement – likely the penultimate fiscal statement before a general election, making the stakes particularly high. As ever, attention will be on what Hunt does with the £20bn of ‘headroom’, and any rabbits he may pull from his famous red box. [...]
Everyone hates inheritance tax. But what are the best arguments against it? November 21, 2023 Nothing boils the blood of Britons like inheritance tax, often dubbed the “most hated tax”. The paradox is that only four per cent of deceased people are actually affected ( more will be impacted by the death of someone).
We can’t wait for Big Tech to monitor deepfakes, it’s on us to decipher what is real November 21, 2023 In a world of deepfakes, AI regulation can only go so far; we must also take responsibility to separate fact from fiction, writes Anna Moloney.
No cuts to corporate tax or business rates, here’s what Jeremy Hunt won’t do in the Autumn Statement November 21, 2023 You've heard plenty about what Jeremy Hunt will say tomorrow, but we can learn as much about the government's priorities in what he won't say, writes Tim Sarson.
Sunak won’t get the UK growing without an industrial strategy November 21, 2023 If Britain had our industrial strategy, the boost for manufacturing and life sciences in the last 20 year period, this would have contributed an astonishing extra £484bn into the economy, writes Sharon Todd
Brace yourselves, the era of the ‘alternative budget’ has arrived November 20, 2023 It started when Liz Truss’s faction of 60 or so MPs, who go under the banner Conservative Growth Coalition, pre-announced – to drum up anticipation – and then two months later published their Budget for Growth.
CBI’s annual conference had a distinct lack of CEOs – can it win them back? November 20, 2023 The CBI's annual conference had a notable lack of CEOs speaking. Can they be won back?