Reeves must answer ‘incredibly serious’ questions over CV, Tory MP demands November 19, 2024 Rachel Reeves must answer “incredibly serious” questions over claims she “misrepresented” her CV, a Tory MP has demanded. Richard Holden wrote to the Chancellor following reports she had exaggerated her professional experience at the Bank of England (BoE) and Halifax Bank of Scotland (HBOS). Reeves told Stylist magazine in 2021 that she spent a decade [...]
UK to relaunch trade talks with India and form new Japan partnership November 19, 2024 The UK is set to relaunch trade talks with India and form a new economic partnership with Japan, Downing Street has announced. It was confirmed that trade discussions with India will reopen at the start of next year, following a bilateral meeting between Sir Keir Starmer and Indian leader Narendra Modi at the G20 summit [...]
Tractors circle Westminster as farmers protest inheritance tax rise November 19, 2024 Thousands of farmers marched on Westminster today in protest against the government’s plans to impose inheritance tax on farms. The Chancellor Rachel Reeves has been urged to meet with representatives from the industry after she unveiled plans in the Budget to impose inheritance tax (IHT) on farms worth more than £1m from April 2026. The [...]
Five things Rachel Reeves should do if she’s serious about growth November 19, 2024 Rachel Reeves’ pensions reforms are welcome, but they are treating the symptoms, not the causes of low growth. Here’s what she should do next…. In her Mansion House speech last week, Rachel Reeves announced the consolidation of the 86 Local Government Pensions Schemes (LGPS) into eight ‘megafunds’, unlocking deep reserves of investment finance. This is [...]
Reeves has been ‘straight with the public’, No10 insists amid CV row November 18, 2024 Rachel Reeves has been “straight with the public” about Britain’s accounts and “restored financial stability”, No10 has insisted, amid claims the Chancellor exaggerated her CV. Reports emerged this weekend that Reeves had inflated the length of her service at the Bank of England in a Stylist interview in 2021. She told the magazine in 2021 [...]
Labour’s assault on the private sector will come back to haunt them November 18, 2024 The weekend’s papers groaned under the weight of business leaders’ concerns and complaints about the Labour’s government’s recent Budget and wider policy agenda. “They don’t understand business” ran an FT article, drawing on a host of quotes from alarmed chief executives. “Honeymoon’s over for business chiefs…” was the warning in a similar Sunday Times article. [...]
The UK has the tools, talent and expertise to unlock growth November 18, 2024 In a competitive global environment, Britain has everything it needs to succeed, but there are a few ways the government could help, says Chris Hayward The Chancellor’s Mansion House speech laid out a bold and detailed vision for the UK’s economy and financial services sector. The message is clear: Britain is not only primed for [...]
Peers want to force Chagos Islands referendum to stop handover deal November 16, 2024 A group of Lords wants to force a referendum over the handover of the Chagos Islands, in a move that could delay the treaty from taking effect until after Donald Trump takes office. Lord Bellingham is leading a group of peers who plan to introduce an amendment to the treaty when it reaches the House [...]
Former MP describes ‘enormous guilt’ over Westminster honeypot scandal November 16, 2024 Former MP William Wragg has described the feeling of “enormous guilt” that washed over him as he realised he had fallen victim to a sophisticated scam designed to target politicians in Westminster. A police probe began in April earlier this year after it was suggested at least 12 men with links to Westminster had received [...]
Reeves ‘not satisfied’ as economic growth slows in third quarter November 16, 2024 Rachel Reeves has said she is “not satisfied” after official figures showed economic growth slowed in the months after Labour won the election, and even contracted in September. The UK economy grew by 0.1 per cent between July and September, versus 0.5 per cent growth in the previous quarter, the Office for National Statistics (ONS) [...]