Government announces post-Oasis ticket resale clampdown January 10, 2025 The government has said it will intervene to tackle ticket touts after a recent wave of frustration around inflated resale prices. As part of the government’s broader Plan for Change, a public consultation has been announced to stop exploitative practices in the ticket resale market and to improve transparency for fans. The announcement comes after [...]
Metro mayors to control railways and housing in ‘landmark’ devolution plans December 16, 2024 Mayors of large cities and regions across England will soon be able to take control of local infrastructure and skills projects under a new devolution bill, which was introduced in Parliament today. The English Devolution White Paper will give metro mayors – directly elected regional leaders who chair combined authorities – significant new powers in [...]
Labour’s business backers – where are they now? December 10, 2024 Labour won the public backing of over 120 business chiefs in a letter before the election – but the enthusiasm of those executives appears to have dimmed since then. City AM tried to track them down. It was a letter that seemed to signal a tectonic shift in British politics when it landed in newspapers [...]
Cabinet minister pledges to make government more ‘start up’ December 8, 2024 A cabinet minister is set to pledge that the government will become “more like a start up” ahead of the launch of a £100m fund targeting public service reform. Pat McFadden will call for Whitehall to adopt a ‘test and learn culture’, stating: “If we keep governing as usual, we are not going to achieve [...]
Assisted Dying: MPs narrowly vote in favour of controversial Bill – what next? November 29, 2024 The gates have opened for the Assisted Dying Bill today after MPs voted 330 to 275, majority 55, to approve a second reading of the controversial Bill
City minister warned FCA ‘several times’ over name and shame plans November 29, 2024 The City minister said she warned the Financial Conduct Authority (FCA) “several times” that its controversial ‘name and shame’ rules could harm companies before the regulator moved to water down the plans. Following intense criticism from firms and ministers, the regulator confirmed on Thursday that it would soften plans to publicly name companies facing investigation [...]
Labour’s Budget will ‘hit growth’, CBI boss warns November 25, 2024 In a speech set to be delivered at the CBI's annual conference later today, Newton-Smith will warn about the impact of the Budget on businesses.
Peel Hunt: There’s a ‘missing piece’ in Reeves’ City growth push November 20, 2024 The government has demonstrated a “fundamental shift” in its approach to growth but must address the key issue of pushing investment into the UK stock market, Peel Hunt has said. In an a note to investors today, Peel Hunt’s head of research, Charles Hall, stressed that while Rachel Reeves‘s Mansion House speech had been a [...]
Pension funds may still be forced to back Britain, minister warns November 18, 2024 Pension funds could still be forced to invest in Britain if they do not voluntarily boost their allocation to UK stocks and infrastructure projects, the pension minister has suggested. Ministers have been pushing the UK’s £1.3 trillion defined contribution and local government pension system to lift its investment in UK assets since coming to power [...]
Reeves playing ‘same silly games’ as her predecessors, IFS says October 31, 2024 The Chancellor Rachel Reeves has been accused of playing the “same silly games” as her predecessors after forecasting that public spending will tail off towards the end of this parliament following a short-term spike.