Reeves eyeing spending cuts as fiscal walls cave in March 10, 2025 Rachel Reeves is expected to take the chop to spending in her upcoming Spring Statement, as the government’s fiscal headroom disappears. The Office for Budget Responsibility (OBR) is set to show a depletion in the Chancellor’s headway, according to BNP Paribas economists. This leaves the government with little options beside further tax hikes or spending [...]
Events, dear boy, events: Starmer’s defence challenge could be his biggest opportunity March 5, 2025 In July 2020, the then chief executive of the Environment Agency, Sir James Bevan, gave a speech to the Whitehall & Industry Group titled: ‘“Events, Dear Boy”: managing incidents before they become crises’. He told listeners: “When Prime Minister Harold Macmillan was asked what was the greatest challenge for a statesman, he replied: ‘Events, dear [...]
Spring Statement 2025: Rachel Reeves should be courageous and favour economics over ideology, says Interactive Investor boss March 3, 2025 Chancellor Rachel Reeves needs to be “quite courageous” and not “allow ideology to get in the way of economics” when she delivers her Spring Statement on 26 March, the chief executive of Interactive Investor has said. Richard Wilson, speaking on an up-coming episode of City AM‘s Boardroom Uncovered podcast, added that the government’s growth agenda [...]