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      UK economy held back by ‘rationing’ of energy, land and capital

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Politics

  • Labour urged to scrap ‘vindictive’ farm tax as Tories set to force vote

    December 1, 2024

    Labour MPs are being urged to back scrapping the “vindictive” changes to inheritance tax (IHT) on farms, as the Conservative Party prepares to bring a vote on the issue. Tory MPs are set to use their opposition day debate on Wednesday, December 4, to insist Parliament hold a vote on Labour’s controversial move for farmers [...]

  • No ‘numerical’ migration target but UK should train own workers, minister says

    December 1, 2024

    The UK won’t have a “numerical target” for net migration but should focus on training “our own workforce”, a cabinet minister has said. Pat McFadden has said the government wouldn’t be putting a figure on the level of net migration it wanted to see as part of the wider plan for change to be announced [...]

  • Starmer to unveil ‘mission’ milestones and compares Whitehall to ‘oil tanker’

    December 1, 2024

    The Prime Minister will set out a “plan for change” with milestones set in key policy areas, or ‘missions’ to achieve the targets laid out in Labour’s manifesto, Downing Street has said. Sir Keir Starmer will this week kick off what he called the “next phase” of his government, and announce the markers for achieving [...]

  • Trump uses JP Morgan chief Jamie Dimon as ‘informal adviser’

    December 1, 2024

    Donald Trump has reportedly used JP Morgan Chase boss Jamie Dimon as a “sounding board” for policy ahead of returning to the White House. The Wall Street veteran has been in regular communication with Trump for months, including after his election victory, The New York Post reported. The “no-holds-barred conversations” are said to have centred [...]

  • Budget: Parents facing 20 per cent childcare fee hike after NIC raid

    November 30, 2024

    Experts are suggesting parents will face up to a 20 per cent increase in fees to cover rising costs at British nurseries. The sector warned on Friday there will be a “disproportionately adverse” impact on women who want to work and children’ s health.  This comes after the government’s Autumn Budget included an increase in [...]

  • Louise Haigh quits as transport secretary after admitting to fraud conviction

    November 29, 2024

    Louise Haigh has resigned as transport secretary after admitting pleading guilty to a criminal offence tied to her incorrectly telling police that a work mobile phone was stolen in 2013. Downing Street said Swindon South MP Heidi Alexander had been appointed to replace her. Haigh said in a letter to prime minister Keir Starmer on [...]

  • West Ham chief snubbed over ‘alarming’ football regulator letter demand

    November 28, 2024

    The Government has rejected calls from West Ham chief Karren Brady to publish a letter from Uefa which warns that domestic clubs and the England team could be banned from the Champions League and Euros over interference from the incoming football regulator. Speaking in the House of Lords, Conservative peer Baroness Brady described the correspondence [...]

  • UK net migration hit record 906,000 peak before 20 per cent fall

    November 28, 2024

    Net migration in and out of the UK has dropped by 20 per cent to around 728,000 in the past year, official figures have shown, after hitting a record peak of 906,000. The level reached a higher than previously thought figure of 906,000 in the year to June 2023, according to fresh data from the [...]

  • Ministers are in denial over the Budget’s impact on jobs and growth

    November 28, 2024

    Well, that didn’t last long. Barely 48 hours after the Chancellor told the CBI conference that the tax-hiking Budget was definitely a one-off, Keir Starmer declined to echo her comments and instead left the door wide open to another round of tax increases and borrowing. We ought to have some sympathy; no Prime Minister can [...]

  • Stellantis closure: UK carmakers face ‘global’ challenges, Reynolds warns

    November 27, 2024

    UK carmakers are facing “global challenges”, Jonathan Reynolds has warned, in the wake of Vauxhall owner Stellantis announcing plans to close its Luton plant. The business secretary said issues in the industry amid the shift to electric vehicles weren’t limited to the firm and insisted ministers did “everything we possibly could” to avert closure. Dutch [...]

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