Seven in 10 bosses think workers’ rights bill will dent growth June 6, 2025 Over seven in 10 bosses believe the government’s flagship workers’ rights overhaul will kibosh efforts to kickstart economic growth and lead to fewer new hires and more outsourcing of work abroad, fresh research has shown. According to a poll by the Institute of Directors (IoD), 72 per cent of business leaders in Britain believe that, [...]
Conservatives must remember that small government is better government June 5, 2025 Labour’s tax-raising, interventionist approach is strangling the economy. Conservatives must make the positive case that individuals, families and businesses make better decisions for themselves than distant bureaucrats, says Brandon Lewis Among its many crises and policy reversals in the past few weeks, a leaked memo from Angela Rayner revealed that a vocal subset of the [...]
Workers’ rights: £60bn industry warns against Labour overhaul June 4, 2025 The government’s flagship workers’ rights legislation is poised to have “serious unintended consequences” for firms’ capacity to take on new staff and offer them sufficient hours if ministers fail to consult more closely with employers, more than 120 facilities management bosses have warned. Writing in an open letter signed by the likes of FTSE 250 [...]
Government slashes red tape to tackle housing crisis May 28, 2025 The government will slash red tape to get more construction by smaller building firms off the ground, and to “get working people on the housing ladder,” Deputy Prime Minister Angela Rayner has said as Labour looks to promote its pro-business credentials. A relaxation of environmental protections is expected, including Biodiversity Net Gain (BNG) requirements which [...]
HMRC review signals potential pension tax changes in Autumn May 28, 2025 Rachel Reeves could target pension savers in fresh tax grab as the Chancellor looks for additional ways to fund the government’s ballooning spending. His Majesty’s Revenue and Customs (HMRC) has published research as part of an official review of workplace retirement schemes, exploring cuts to the tax benefits of salary sacrifice pension schemes. The schemes, [...]
Starmer’s bid to ease welfare cuts piles pressure on Rachel Reeves May 26, 2025 Keir Starmer has told his cabinet to jettison the two-child benefit cap, according to reports over the weekend, in a move that piles pressure on the Treasury and chancellor Rachel Reeves. The cap, which was introduced by the Conservative party a decade ago, prevents low-income families from receiving additional universal credit after the first two [...]
Small businesses demand workers’ rights sick pay rebate May 26, 2025 Small business owners would continue hiring new staff despite fears around the government’s workers’ rights package if it contained a rebate on the overhaul’s new sick pay rules. According to a poll by the Federation of Small Businesses (FSB), 35 per cent of entrepreneurs and small business owners believe that a rebate for their firms [...]
Was Rayner’s leaked memo an early play for party leader? May 26, 2025 Rayner's 'leaked' memo was a reminder that she is cut from different stuff than our iron Chancellor, but was it strategic, asks Eliot Wilson.
Week in Business: Will Starmer sack Rachel Reeves? May 23, 2025 Cracks are appearing in Labour's economic strategy - will Keir Starmer roll the dice and look for a new Chancellor to change course?
Reeves’ impossible mission to save the public finances – in four charts May 22, 2025 Government borrowing spiked in April, according to official data, in a stark illustration of the difficult fiscal tightrope that the Chancellor Reeves is walking. The £20.2bn in monthly borrowing was steeper than economists’ prediction of £18bn. So, Reeves might have shivered when she heard Keir Starmer tell the House of Commons winter fuel payments would [...]