London to lose out on major local growth funding in Spending Review June 10, 2025 The London Mayor has doubled down on his crusade against the terms mandated by the Treasury’s Spending Review amid concerns over losing access to local growth funds. London and other English regions could lose access to the £2.6bn UK Shared Prosperity Fund, Growth Hub Funding, and the £4.8bn Levelling-Up Fund. A source close to the [...]
Green light for Sizewell C as £14.2bn to go to major nuclear project as part of Spending Review June 10, 2025 The UK’s nuclear energy capacity is set to receive a major boost after the government confirmed it would put up the funds for the Sizewell C plant, ending months of uncertainty. Funding for the project is set to be announced by Chancellor Rachel Reeves alongside a decision on the Small Modular Reactor (SMR) competition at [...]
Fresh blow for Rachel Reeves as voters scorn growth plans June 10, 2025 A dwindling number of Brits have confidence that the government can deliver on its plans for economic growth, fresh polling has found, laying bare the scale of Rachel Reeves’ challenge to restore voter trust as she prepares to unveil the Spending Review on Wednesday. Just 22 per cent of Brits have some confidence in the [...]
Government urged to add AI minister to every department June 10, 2025 The UK government has been urged to create an AI oversight body with ministerial posts dedicated to advanced technology, with former Tory leader William Hague calling on the “very structures of government” to be re-imagined in the coming years. A new Policy Exchange report calls on the government to create a new Office for Superintelligence [...]
Reform and Conservative supporters are open to an alliance, City AM poll finds June 10, 2025 Over half of Reform and Conservative voters support a merger or deal between the two parties, fresh polling by Freshwater Strategy and City AM has found, as Tory leader Kemi Badenoch wrestles to contain the surge in support for her upstart rivals in the wake of the local elections. The prospect of a ‘unite the [...]
Employment rights minister denies bill will deter hiring June 9, 2025 Labour’s employment rights minister has insisted that the government’s Employment Rights Bill won’t scare firms out of hiring, amid growing concern among businesses over the impact of rising costs and bureaucracy. Key private sector voices warn the bill will deter hiring, with more than half of employers polled by the Institute of Directors (IoD) warning [...]
Labour to give HMRC £500m for AI boost June 9, 2025 The British tax agency, HMRC, is set to receive £500m in funding, which will see the introduction of an AI tool to assist the public with enquiries
London ‘left out’ of Reeves’ spending review June 9, 2025 London will find itself low on the chancellor’s agenda in the upcoming spending review, reports suggest. London Mayor Sadiq Khan has been lobbying for extending the DLR to Thamesmead, and the Bakerloo line to Lewisham. However, getting the requisite funding to grow the transport system is looking unlikely. Bringing the Bakerloo line further south is anticipated [...]
What Invest 2035 will mean for UK professional services June 9, 2025 When the UK government announces its Invest 2035 on Wednesday, law and professional services will be a key component of its 10-year growth plan
Voters fear Reeves tax U-turn after Spending Review splash out June 9, 2025 UK voters are worried Chancellor Rachel Reeves will betray Labour manifesto pledges not to hike income tax, a new poll has suggested, as the government looks set to ramp up investment at Wednesday’s spending review. Sir Keir Starmer has declared that the government cannot “tax [its] way to growth” while ministers have said the spending [...]