Hunt’s mooted ISA reforms offer ‘a beacon of hope’ to struggling firms, business groups say UK Politics Top City business groups have welcomed suggestions the Treasury could reform rules around ISAs in a bid to supercharge London-listed firms.
Tory MPs split over timing of reported plans to slash inheritance tax UK Politics Conservative MPs are split over the timing of reported plans to slash inheritance tax rates, with some warning the move risks fuelling perceptions of intergenerational unfairness. Rishi Sunak is reportedly preparing to announce a cut to inheritance tax, before abolishing it entirely, according to the Sunday Times. It comes as Sunak is said to be [...]
Bill Gates-backed nuclear power firm fears losing out on UK projects nuclear Bill Gates-backed nuclear power player Terrapower is concerned it may miss out on government approval for UK projects.
Government would be ‘crazy’ not to reconsider HS2 costs, minister says September 24, 2023 The government would be “crazy” not to reconsider the costs of the HS2 rail project, Grant Shapps has told the BBC. Shapps said Rishi Sunak was prepared to take “difficult long-term decisions” amid reports the Prime Minister is set to axe the northern leg of HS2. The defence secretary told the BBC’s Sunday with Laura [...]
Miliband hits out at Sunak over net zero policy shift September 23, 2023 Rishi Sunak “does not give a damn” about climate change, Ed Miliband claimed following the Prime Minister’s decision to postpone a series of green policies. The shadow net zero secretary said Mr Sunak saw the drive to cut emissions as an obligation forced on him rather than an economic opportunity. Addressing the online conference of [...]
There is a risk humans could lose control of AI machines, says deputy PM September 23, 2023 The UK’s summit on artificial intelligence will look at protecting “humanity’s future” by countering the risk of “losing control of the machines”, the Deputy Prime Minister has told world leaders. In a speech setting out the opportunities and dangers of AI, Oliver Dowden told the United Nations’ General Assembly that the daily rate of progress [...]
Sunak reportedly considering ‘outlawing cigarettes for the next generation’ September 23, 2023 Downing Street has not denied reports that the Prime Minister could accept a recommendation that would effectively ban cigarettes for the next generation. Rishi Sunak is considering introducing some of the world’s toughest anti-smoking measures by steadily increasing the legal age for consuming tobacco, according to The Guardian, which cited Whitehall sources. Last year a [...]
Ukraine targets key Crimean city a day after striking Russian navy headquarters September 23, 2023 Ukraine has launched another missile attack on Sevastopol in occupied Crimea, a Russian-installed official has said. It comes a day after an attack on the headquarters of Russia’s Black Sea Fleet left a serviceman missing and the main building smouldering. Sevastopol was put on air raid alert for around an hour after debris from intercepted [...]
Former Tory PMs hit back at ‘desperate’ move to ditch HS2 to Manchester September 23, 2023 Former premiers have warned Rishi Sunak about “delivering a mutilated HS2” after his Conservative Government refused to deny it was considering axing the Manchester leg. Boris Johnson said suggestions the Birmingham to Manchester route could be chopped over cost concerns were “desperate” and “Treasury-driven nonsense” as he urged the Prime Minister to deliver on the [...]
Businessman jailed over Gray’s Inn bomb plot amid £1.4m legal wrangle September 22, 2023 A businessman suspected of being involved in an international money laundering ring who targeted two lawyers for Britain’s FBI by orchestrating a bomb plot against them has been jailed for eight years and two months. Jonathan Nuttall, 50, was convicted of conspiring with his driver, Michael Sode, and an ex-marine, Michael Broddle, to plant two [...]