Businesses paying living wage ‘do better’, Sadiq Khan says October 23, 2024 Businesses paying their staff the living wage “do better”, Sadiq Khan has argued, as he welcomed a rise in the London living wage. The Mayor of London spoke to City AM at an event marking the five per cent increase for 140,000 workers, who will see their pay increase to £13.85 an hour. Speaking in [...]
Column: Water, water everywhere… October 23, 2024 Or why the latest twist in the sewage tale suggests a rebalancing of Labour’s priorities England’s water system made a splash again this week, hitting the headlines as the government announced their latest move to – as they put it – clean up the industry. An independent review, led by none other than the former [...]
Millions pumped into anti-fraud work as DWP staff costs jump almost 200 per cent October 23, 2024 The Department for Work and Pensions has increased its anti-fraud staff costs by nearly 200 per cent since 2021, as it seeks to crackdown on fraud
Lloyds finance chief calls for ‘pro-growth’ Budget amid fears of bank tax raid October 23, 2024 Lloyds Banking Group’s finance chief has suggested tax rises on UK banks could hinder lending and investment as the sector braces for a possible raid in the government’s maiden Budget next week. Speaking after Lloyds’ third quarter results this morning, William Chalmers said banks are already among Britain’s biggest taxpayers and the FTSE 100 group [...]
Scrapping Ofwat could be considered by new water sector commission October 22, 2024 Scrapping watchdog Ofwat could be considered by a new independent commission on the water sector as ministers aim to attract investment into the industry. Ministers have launched the largest review of the sector since it was privatised, with the commission set to be chaired by former deputy Bank of England Governor Sir Jon Cunliffe. It [...]
Jeremy Hunt: Upping employer NI would be an ‘absolute disaster’ for economy October 22, 2024 Increasing employer national insurance contributions in the Budget would be an “absolute disaster” for Britain economically, Jeremy Hunt has warned. “I’m really worried that Labour is going to trash an economy, which has better growth prospects than it has for many years,” the shadow Chancellor told the Financial Times in an interview. On the prospect [...]
It’s hard work working out what ‘working people’ means October 22, 2024 Politicians do like to lump people together. In recent years we’ve had the squeezed middle, the just-about-managing, hard working families and (who could forget?) Nick Clegg’s “alarm clock Britain.” To this list of amorphous jargon we must now add “working people.” Labour figures have been leaning on the phrase for months, not least as part [...]
Health minister says NHS set for technology transformation October 21, 2024 Health secretary Wes Streeting has announced plans for digital patient records which will make health data available to all NHS hospitals, GPs and ambulance services in England. It came as he launched a major consultation on the government’s plans to transform the NHS from“analogue to digital” in the next decade amid privacy fears over data [...]
Workers’ rights reform set to slap British businesses with £5bn bill October 21, 2024 British businesses are set to be imposed with a £5bn additional cost annually as a result of the new workers' rights, with smaller businesses in hospitality and retail set to hit the hardest
Budget: Minister refuses to rule out tax rise for £100,000 earners nine times October 21, 2024 A government minister has refused to rule out whether Labour would increase taxes on those earning more than £100,000 at the Budget. Speaking to Sky News, care minister Stephen Kinnock refused nine times to say whether – under Labour’s definition – someone earning a six figure salary would see their taxes go up. Labour’s election [...]