UK business confidence in crisis, new report says March 5, 2025 More than three quarters of bosses have low confidence in the UK business environment, according to a survey by the Adam Smith Institute (ASI) think tank. The ASI Business Confidence Survey took the temperature of 192 business leaders, who between them represent 100,000 employees – from sectors including finance, retail and manufacturing. It paints a [...]
Reynolds sorry for calling himself solicitor but denies ‘misrepresentating’ February 25, 2025 Jonathan Reynolds has apologised for describing himself as a solicitor in Parliament, but has insisted he was not “misrepresenting myself professionally”. The business secretary has been accused of claiming to have been a solicitor, despite only ever being a trainee, before becoming an MP, including in a 2014 speech in the House of Commons, on [...]
Reynolds urged to quit over accusations he falsely claimed to be solicitor February 19, 2025 Business secretary Jonathan Reynolds is being urged to resign as a minister over accusations he falsely claimed to be a solicitor, despite only being a trainee. The cabinet minister – who is responsible for the UK’s businesses and international trade – has been criticised for describing himself as a solicitor before becoming an MP, despite [...]
Business secretary accused of false CV claim to be a solicitor February 19, 2025 Business secretary Jonathan Reynolds has been accused of falsely claiming that he was a solicitor before being elected as an MP, despite only being a trainee. The cabinet minister – who is responsible for the UK’s businesses and international trade – has previously described himself as a solicitor, including on his LinkedIn profile, according to [...]
Labour minister insists fears over workers’ rights bill ‘misplaced’ February 14, 2025 Concerns over the move to day one rights under the government’s workers rights bill represent “misplaced fear”, a Labour minister has insisted in the face of criticism from employers. Justin Madders, employment minister, told City AM firms recognise the benefits of “giving people more certainty at work” as he argued the package of workers rights [...]
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 [...]
FTSE 100 tax contribution hits £90bn amid warnings against further hikes November 27, 2024 PwC estimated that firms in the 100 Group contributed a total of £93.3bn to the Exchequer in the 2023/24 financial year.
Conservatives ‘lost the confidence’ of business, Badenoch admits November 25, 2024 The Conservatives “lost the confidence of business” at the July general election and firms “knew we were going to lose”, Kemi Badenoch has admitted. Speaking at the Confederation of British Industry (CBI)’s annual conference on Monday, the Tory leader told attendees Labour’s Budget had got the diagnosis wrong, leading to an “unprecedented raid on businesses”. [...]
Rightwing MPs push general election petition as it passes one million signatures November 24, 2024 A host of rightwing politicians have been pushing a petition online calling for a general election, which has now gathered over one million signatures.
UK farms could shrink ‘like Russian dolls’ amid tax row, government warned November 7, 2024 The UK’s farms could be set to shrink “like Russian dolls”, the government has been warned, thanks to Labour’s inheritance tax changes announced in the Budget. Shadow business secretary – and former City minister – Andrew Griffith has cautioned that the policy could mean “like Russian dolls, with each generation that passes, you end up [...]