UK proposes new laws to crack down on push payment fraud March 12, 2024 New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today.
UK hints at fresh sanctions after Navalny’s death in Russia February 18, 2024 The UK could launch fresh sanctions against Russia in response to the death of jailed Russian dissident Alexei Navalny, the foreign secretary hinted.
Labour playing ‘Bazball’ as Starmer says business ‘fingerprints’ on plans for power February 1, 2024 The Labour Party is playing “Bazball”, a senior Bloomberg figure has said, as SIr Keir Starmer has vowed businesses have their “fingerprints” on the party’s plans for power.
Labour’s £28bn growth plan would see tax rises, Treasury minister argues December 16, 2023 Labour’s plans to borrow £28bn to invest in decarbonisation and green energy would lead to tax rises, the chief secretary to the Treasury has argued.
OECD: UK economy faces “urgent” challenges as growth downgraded and inflation remains high November 29, 2023 New forecasts from the Organisation for Economic Co-operation and Development (OECD) project the UK economy to grow at 0.7 per cent next year and 1.2 per cent in 2025.
Truss suggests mini-budget may have paid off in the long-term July 12, 2023 Liz Truss appeared to suggest her mini-budget may have paid off long-term as her new taskforce warned the UK risks lagging behind other nations unless it tackles stagnation. Britain’s shortest-serving prime minister likened sluggish growth in recent years to a “boiling a frog situation” as she attended an event to launch the Growth Commission. Members [...]
‘Increasingly authoritarian’ China poses ‘biggest challenge of our age’, Sunak warns May 21, 2023 Rishi Sunak has warned that an increasingly authoritarian China poses the “biggest challenge of our age” after discussing how to tackle aggression from Beijing with western allies. The prime minister said that it is the “only country with both the means and intent to reshape the world order” after meeting with leaders at the G7 [...]
Sunak insists he will bring down taxes when inflation cools May 18, 2023 Rishi Sunak has insisted he will bring down taxes when inflation cools and claimed the economy is defying expectations. It comes after economists warned one in five people will be paying the higher rate of tax under his policies. The Prime Minister said the nation’s finances are receiving boosts from the departure from the EU, [...]
US says G7 will resist Chinese ‘coercion’ as Taiwan tensions heighten, per reports April 18, 2023 A US official has said the G7 nations will resist any “coercion” from China during a key summit in Japan, as tensions heighten over Taiwan, according to reports. Foreign ministers from the Group of Seven countries – the UK, the US, Germany, France, Japan, Canada and Italy – are meeting in the central Japanese city [...]
McDonalds and Nissan could buy back Russian subsidiaries as it is revealed most Western corps have failed to exit the country January 19, 2023 The vast majority of Western corporations have failed to properly exit Russia, according to research carried out by two Swiss universities. Multinational firms such as including McDonalds and Nissan even have kept an option to buy back their Russian subsidiaries via clauses into their exit contracts; this would let them return to Russia if tensions [...]