AI companies are racing to rescue the NHS September 23, 2024 An official review by Lord Darzi revealed recently that the NHS is in “critical condition” following years of underfunding. The review found that the NHS is battling soaring demand, poor productivity, financial pressures and low staff morale. “It’s not just the state of our National Health Service in crisis – it’s also the state of [...]
Reeves to strike positive tone in Party Conference speech September 23, 2024 Rachel Reeves is set to promise a Budget that will “rebuild Britain” in a speech at the Labour Party Conference that will claim that the “work of change has only just begun”. In a notably more optimistic tone than Labour has adopted in recent weeks, the Chancellor will vow to deliver a “Britain of opportunity, [...]
The UK economy is suffering from long Covid and a short memory September 23, 2024 We may have ditched the testing swabs and face masks, but the impact of the Covid-19 pandemic is still being felt. Quite understandably, we’d rather consign that era to history, but the scale of the costs incurred makes that impossible. The official inquiry is attempting to get to grips with questions of preparedness, decision making [...]
The Notebook: On the lookout for common sense at Labour Party Conference September 23, 2024 As Labour Party Conference kicks off, Matthew Elliott lays out what he is on the lookout for (including his favourite Liverpool pub).
Politicians should remember: the road to economic growth passes through the City September 23, 2024 Politicians need to prioritise and capitalise on the power of financial and professional services, writes Chris Hayward
Donations a ‘feature of our politics’, Angela Rayner tells BBC amid gifts row September 22, 2024 Donations to MPs are “a feature of our politics”, Angela Rayner has insisted amid a row over Labour politicians accepting gifts and freebies. Prime Minister Sir Keir Starmer had come in for criticism in the past week over accepting more than £100,000-worth of gifts, including tickets to football matches, concerts and luxury clothes. But he, [...]
‘No doubt’ of inheritance tax reform as government books a record haul from the levy September 20, 2024 New figures from HMRC showed inheritance tax receipts hit £3.5bn between April and August, £300m higher than the same period last year.
Use Budget to urgently review UK’s tax system, accountants urge Reeves September 20, 2024 Rachel Reeves should use the Budget next month to urgently review the UK’s tax system, including business rates and VAT, a chartered accountants group has urged. The Chancellor has been called on to set out the government’s plans to reform business rates, VAT and employment status by the end of the year in the fiscal [...]
Government borrowing jumps as threat of tax hikes grows September 20, 2024 The figures come just over a month before Rachel Reeves delivers her first Budget as Chancellor.
Bank of England holds interest rates but Andrew Bailey flags further cuts September 19, 2024 The Bank's decision comes after the Fed reduced interest rates by 50 basis points last night, the first cut since the pandemic.