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  • Reeves: No income tax or national insurance rises if Labour win General Election

    May 26, 2024

    Rachel Reeves has ruled out increases to income tax or national insurance under a Labour government.

  • ‘Not unnatural’ for veteran Tories like Gove to be quitting, City minister insists

    May 25, 2024

    The exodus of prominent Tory MPs like Michael Gove and Andrea Leadsom is “not unnatural”, the City minister has insisted, amid speculation that Conservatives are quitting Parliament in fear of imminent electoral defeat.

  • Why Sunak and Starmer will put the economy at the heart of the election

    May 24, 2024

    In his statement announcing the election, Rishi Sunak said "I came to office above all to restore economic stability."

  • Election 2024: Five reasons the Prime Minister is going to the country

    May 23, 2024

    Election rumours are spreading like wildfire around Westminster - here's why Rishi Sunak might think it makes sense

  • The Notebook: The Tories’ parting gift to the City? A puffed up FCA they failed to control

    May 23, 2024

    The Conservative Party's parting gift to the City? An overreaching regulator that they were too slow and tired to deal with.

  • Election 2024: This economic data is bad news – that’s why Sunak called a vote

    May 22, 2024

    The Conservatives are set to call an election for July 4th and will put a nascent economic recovery at the heart of their re-election pitch.

  • Blow for Jeremy Hunt’s tax cut hopes as borrowing beats expectations in April

    May 22, 2024

    Economists closely watch the borrowing figures for any indications of how much fiscal space the Conservatives will have to cut taxes ahead of an election later this year.

  • Inflation ahead of expectations in blow for June interest rate cut hopes

    May 22, 2024

    At the Bank of England's last meeting earlier this month, policymakers confirmed that they were considering cutting interest rates.

  • IMF upgrades growth forecasts for UK economy but warns of ‘tough choices’ ahead

    May 21, 2024

    "With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023," the IMF said.

  • Tax from UK’s financial sector pays for the country’s entire education budget

    May 21, 2024

    "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.

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