Ministers refuse to rule out hike to employer national insurance rate October 14, 2024 The Chancellor and business secretary have again refused to rule out a hike employers’ National Insurance (NI) contributions in the upcoming Budget when speaking on the sidelines of the government’s investment summit today. Speaking exclusively to City AM on the question of whether Labour would increase employers’ NI, Jonathan Reynolds stressed: “I think the manifesto [...]
Reeves hails £63bn boost for Britain at flagship investment summit October 14, 2024 Reeves welcomed the investment news, insisting her “ambition for Britain burns brighter than ever”, while the government said the deals will see some 38,000 new jobs created in the UK.
Khan says London is open for business as tech firms confirm expansion plans October 14, 2024 Three tech firms Mphasis, Constant Contact and Moonpay, are set to expand, invest and launch in London in the coming months, mayor Sadiq Khan has announced. The Indian IT giant, US-based marketing firm and Miami-headquartered fintech have all unveiled upcoming plans to boost their presence in the UK capital. Mphasis opened a new London office [...]
DP World: Ministers had ‘conversation’ to salvage investment after row October 13, 2024 Ministers were forced to “have a conversation” with executives from DP World to secure its investment after a senior minister referred to one of its subsidiary P&O Ferries a “rogue operator”, the business secretary has said. Business secretary Jonathan Reynolds said the investment – which was reportedly put in jeopardy following the scathing criticism of [...]
Reynolds refuses to rule out raising employer national insurance rate October 13, 2024 Jonathan Reynolds has refused to rule out raising employers’ National Insurance (NI) contributions in the Budget.
Workers’ rights: Business secretary defends ‘rushed job’ bill October 10, 2024 The business secretary has defended the government’s plan to overhaul workers’ rights after a lobby group branded it a “rushed job, chaotic and poorly planned”.
Labour pulls back from ‘day one’ protections as it unveils workers’ rights overhaul October 10, 2024 Labour has pulled away from its pledge to give employees protection from unfair dismissal from the first day in a job, according to reports, as it unveils its long-awaited package of employment reforms today. The Employment Rights Bill, which Labour promised to introduce within its first 100 days, is set to be laid before Parliament [...]
Britain’s economy can’t run on industrial nostalgia October 7, 2024 Just because an area like Port Talbot once supported a particular industry like steel, there’s no reason the state must ensure it always does, says Eliot Wilson When the government announced last month that it would give Tata Steel £500m to modernise its facility in Port Talbot, I noticed a revealing remark. The business and [...]
Ex-Google boss to join Starmer at International Investment Summit October 6, 2024 The former boss of Google is set to join Prime Minister Keir Starmer at his inaugural International Investment Summit, aimed at flaunting the UK as “open for business” and primed for investment. Scheduled for 14 October, the event will bring together 300 global business leaders to hear how the government plans to attract future investment [...]
Let’s be honest… the government is gaslighting us on working from home September 19, 2024 Given the public sector’s appalling productivity record , the government should get its own house in order before giving out working from home advice to private businesses, says Matthew Lesh There is an irony in government ministers telling private enterprises how to be more productive. This week, Business Secretary Jonathan Reynolds claimed that creating a [...]