Labour will be thinking global, but their fortunes depend on the local November 12, 2024 Labour strategists will be focused on what Trump’s victory means for Britain and the world, but the government will soon face big challenges at the local level, says James Nation Following on from the US election result, takes abound on what Trump 2.0 means for the world and for the UK. On the economy, there [...]
Business Budget backlash builds as hospitality giants write to Chancellor November 11, 2024 The government is under increasing pressure to revisit its hikes to employer national insurance contributions and the minimum wage after a number of the UK’s largest employers voiced concerns about the impact of the changes on their costs and operations. Over 200 of the UK’s biggest hospitality businesses signed a letter to the Chancellor yesterday [...]
The real reason Britain doesn’t build November 11, 2024 Planning isn’t the only reason we have a housing shortage, too many developments just aren’t economically viable, says Melanie Leech The government is undoubtedly right to focus its efforts on reforming the planning system. Ask the anyone in the property industry and they will say that the system is complex, burdensome, under-resourced, and prone to [...]
Starmer appoints Jonathan Powell as UK national security adviser November 8, 2024 Sir Keir Starmer has appointed Tony Blair’s former chief of staff Jonathan Powell as his national security adviser. The Cabinet Office confirmed the former Foreign Office diplomat and No10 chief operator would take on the key role advising the Prime Minister in an announcement today. It comes amid the re-election of Donald Trump as US [...]
Serco: FTSE 250 firm predicts £20m hit from Budget tax changes November 8, 2024 British outsourcing giant Serco stressed the tax changes in the UK following the Budget will increase cost by £20m per year
Tata Steel: Plans submitted for new electric arc furnace in Port Talbot November 7, 2024 Tata Steel has submitted a planning application for a new electric arc furnace at its Port Talbot plant. The Indian steel manufacturer wants to build the new state of the art furnace after it closed its blast furnaces in September, cutting 2,000 jobs. Tata says the move would be a “significant step in the company’s [...]
Labour must get Trump relationship right to avoid tariff chaos, Stride warns November 7, 2024 Shadow Chancellor Mel Stride has said that it is essential for the Labour government to develop a good relationship with Donald Trump in a bid to avoid the damaging impact of any potential trade tariffs. The incoming US president has said he may put tariffs of 10 to 20 per cent on countries such as [...]
UK farms could shrink ‘like Russian dolls’ amid tax row, government warned November 7, 2024 The UK’s farms could be set to shrink “like Russian dolls”, the government has been warned, thanks to Labour’s inheritance tax changes announced in the Budget. Shadow business secretary – and former City minister – Andrew Griffith has cautioned that the policy could mean “like Russian dolls, with each generation that passes, you end up [...]
Ministerial freebies rules tightened – but Starmer stops short of banning gifts November 6, 2024 Keir Starmer has tightened up the rules on ministers accepting freebies, according to new guidelines, but stopped short of banning gifts and hospitality. An update to the government’s ministerial code published today included new advice for ministers who accept freebies and hospitality, which took a tougher stance than the previous document. The new code states: [...]
Bank of England and Fed to cut interest rates despite fiscal fears November 6, 2024 The Bank held rates at its last meeting in September, but signalled that further cuts were on the way if there continued to be progress on inflation.