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Politics

  • Major NHS reforms will ‘take a decade’, Keir Starmer warns

    September 12, 2024

    A series of major reforms to the NHS will “take a decade” and won’t be “universally popular”, Sir Keir Starmer has warned in a speech about the future of the UK’s healthcare system. The Prime Minister pledged that his Labour government “will always make the investment in our NHS that is needed… even in difficult [...]

  • Reform NHS to get Brits back at work and driving growth, Starmer to say

    September 12, 2024

    Reforming the National Health Service (NHS) will help get the British public “back to health and work” as well as “driving economic growth”, Keir Starmer will say.

  • UK agrees £500m funding deal with Tata Steel

    September 11, 2024

    The government will invest £500m into Tata Steel’s UK operations alongside an “improved deal” for workers to support the transition to greener steel production, business secretary Jonathan Reynolds confirmed today. Workers at the country’s biggest steel plant in Port Talbot, south Wales, will receive “improved” redundancy terms and the offer of a skills package, he [...]

  • Failure to solve rental crisis will hurt Labour for years to come

    September 11, 2024

    Ahead of the election, Labour devoted 1,000 words of its 142-page manifesto to its plans for house building, the planning system, and the private rented sector.

  • Water investment bosses meet ministers amid hunt for fresh funding

    September 10, 2024

    Ministers have held talks with bosses of water industry investment firms in a bid to attract fresh capital to the scandal-hit sector. Environment secretary Steve Reed held a roundtable with roughly 30 people representing investors in the sector such as pension funds on Tuesday in the City of London. Reed said he wants the water [...]

  • Tory leadership race: Mel Stride knocked out as MPs whittle candidates to four

    September 10, 2024

    Mel Stride has been knocked out of the Tory leadership race as Conservative MPs voted to whittle the remaining candidates down to four. The former work and pensions secretary received just 16 votes, the lowest number of votes, meaning he was eliminated from the process, while Robert Jenrick led the pack on 33 votes. Kemi [...]

  • Winter fuel payments: Just one Labour MP rebels in Commons vote on policy

    September 10, 2024

    Just one Labour MP – Jon Trickett – rebelled against the government in a House of Commons vote on plans to means test the winter fuel payment to pensioners. The government won the vote with 348 votes in favour to 228 against, while some MPs – including 53 Labour members – abstained on the ballot, [...]

  • Goldman Sachs expects tax hikes of ‘at least’ £20bn in Reeves budget

    September 10, 2024

    Many potential tax reforms have faced criticism for their potential unintended consequences.

  • Lloyds, Barclays and Natwest could weather Labour tax raid, analysts say

    September 10, 2024

    Lloyds, Barclays and Natwest would see their 2024 profits fall by “low single digits” if the Labour government decides to raise taxes on banks in October’s Budget, according to Bloomberg Intelligence. Bloomberg analysts said Lloyds Banking Group and Natwest would likely offset the hit to their profits by repricing their loans, while they did not [...]

  • Industrial strategy must boost e-commerce exports to help small firms, report urges

    September 9, 2024

    The government’s industrial strategy must prioritise e-commerce in order to boost small business exports and promote economic growth, a report has urged. Improving trade technology adoption, boosting support for targeting emerging markets, and developing initiatives to support female-led small and medium enterprises (SMEs) would make a significant contribution to the number of small firms exporting, [...]

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