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      Government debt repayment ‘could rise to half’ of total taxes

      OBR chiefs told the Treasury Select Committee that a higher tax burden could stifle growth.

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Cobra Beer

  • Emergency government meeting held over high temperature amid ‘strain on public finances’

    Economics

    The government will hold an emergency meeting to discuss the country’s response to this summer’s high temperatures and drought amid fears that it will add a “strain” on the public finances.  Prime Minister Andy Burnham will chair the ‘Cobra’ meeting of ministers overseeing health, water, housing and local government, as well as officials from agencies [...]

    Aerial view of dry, brown farm fields affected by high temperatures, with a road and farm buildings.
  • Exclusive: Cobra Beer founder Karan Bilimoria steps down as chairman

    Entrepreneurship

    Lord Bilimoria isn’t shy about discussing his proudest achievements – especially when it comes to the premium lager brand, Cobra Beer. Today, however, the 63-year-old entrepreneur is recalling those moments with a touch more nostalgia, as he reveals exclusively to City AM he’s officially stepped down from his role as the company’s chairman. He says [...]

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