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.
Government bows to Uefa pressure over Football Regulator foreign policy veto October 23, 2024 The requirement for the incoming Football Regulator to consider government foreign policy in club takeovers has been dropped from the new Football Governance Bill, which will be reintroduced to Westminster today. The Bill, formulated under the previous government but not ratified in time for the election, will enter the House of Lords today in a [...]
Government pledge to make UK “top destination for women’s sport investment” October 23, 2024 The government has today pledged to make the United Kingdom a “top destination for women’s sport investment”. Investment minister Poppy Gustafsson, formerly of Darktrace, has launched the Women’s Sport Investment Accelerator scheme to bring together 20 leagues and teams with investors to boost commercial activity in women’s sport. The participating sports include football, cricket, rugby, [...]
Workers’ rights reform set to slap British businesses with £5bn bill October 21, 2024 British businesses are set to be imposed with a £5bn additional cost annually as a result of the new workers' rights, with smaller businesses in hospitality and retail set to hit the hardest
South Bank’s ‘The Slab’ in spotlight as campaigners fight planning decision October 16, 2024 South Bank 'The Slab' is the topic of a legal battle at court this week as campaigners seek to overturn the former government's decision to green-light redevelopment
Tories hit out at government over £3bn gambling tax raid plan October 14, 2024 The Conservatives have launched a barrage of criticism at the government on mooted plans for a tax raid worth up to £3bn on the gambling industry, with the shadow sports minister demanding the government “take the blinkers off”. Shares in British gambling firms plummeted on Monday morning amid reports of the tax raid, which would [...]
‘The biggest barrier to growth’: Businesses set out plan to fix productivity puzzle October 11, 2024 Some of the UK’s most high-profile businesses have set out a roadmap to improve productivity growth, including reforms which could boost the economy by £82bn over the next five years. The Building Back Britain Commission, which included representatives from Vodafone, PIC and British Land, looked at productivity across the entire country, finding five key areas [...]
Workers’ rights bill is ‘most extensive reform to trade union rights since Thatcher’ October 11, 2024 There are 'extensive' reforms planned for Trade Unions in the new Employment Rights Bill, which includes giving unions 'greater freedom to organise'
UK urged to lead ‘cross-border war’ against fraudsters as billions lost September 30, 2024 In a new report, the Social Market Foundation (SMF) estimated that 21 per cent of adults globally have been victims of fraud in the last three years.