Government ‘prepared for all scenarios’ says minister as Trump tariffs loom January 19, 2025 The Government “has prepared for all scenarios”, a Cabinet minister has said, as questions about President-elect Donald Trump’s tariffs loom large ahead of the inauguration on Monday. Chief Secretary to the Treasury Darren Jones said “we need to see what the Trump administration do” but also that Mr Trump is “well known for wanting to [...]
‘Nothing off the table’: Public spending cuts to be ‘ruthless’, cabinet warned January 13, 2025 Public spending cuts are set to be “ruthless”, the Treasury has reportedly warned cabinet ministers. Departments will have to make “difficult” decisions on their budget priorities, according to an internal letter from No11 about the spending review, the Telegraph reported. While the Prime Minister’s official spokesman confirmed “there’s nothing off the table when it comes [...]
Treasury chief unveils new infrastructure body after HS2 fiasco October 10, 2024 The National Infrastructure and Service Transformation Authority (NISTA) will bring oversight of UK infrastructure under "one roof."
Who’s who in Labour’s new look Treasury and business teams? July 11, 2024 Post-election and cabinet appointments, we’ve rounded up who's who in the government's new-look Treasury and business top teams.
Keir Starmer names top team as Rachel Reeves confirmed as first female Chancellor July 5, 2024 Rachel Reeves was confirmed as the first female Chancellor in British history.
Election 2024: Labour ‘very confident’ in ‘robust’ growth plan, Darren Jones says June 21, 2024 Labour is “very confident” it will be able to grow the UK’s economy within five years, if elected, Darren Jones has pledged.