Investment in London’s prime property market dried up as super-wealthy downsized July 15, 2024 Competition from Dubai and concerns about the Labour government's tax and spend priorities have led investment in London's super prime property market to dry up.
‘A complete fabrication’: Government denies claims Ed Miliband has banned new North Sea oil licences July 11, 2024 The government has been forced to deny reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences.
Who’s who in Labour’s new look Treasury and business teams? July 11, 2024 Post-election and cabinet appointments, we’ve rounded up who's who in the government's new-look Treasury and business top teams.
Let’s be honest, Britain needs change more than stability July 11, 2024 At the heart of Labour’s challenge is the tension between its cry for ‘stability’ and its mandate for ‘change’ – there’s a real risk we could end up with neither, says Matthew Lesh Rachel Reeves’ first speech as Chancellor received a warm reception, including from some unexpected quarters. An incoming Labour government may not have [...]
Water executives called in for talks with new Labour environment secretary July 10, 2024 Water bosses have been called in for talks with Labour’s new environment secretary Steve Reed, ahead of key investment rulings from Ofwat.
Labour has secured a resounding win – now the real challenges start July 10, 2024 As the now-Prime Minister and his advisors will be painfully aware, if he wants to secure a successful first term, the time to act is now.
MPs sworn into Parliament as Lindsay Hoyle re-elected as Commons Speaker July 9, 2024 Newly-elected MPs have begun being sworn into Parliament for the first time as Sir Lindsay Hoyle is re-elected as the Speaker of the House of Commons.
Chancellor to launch £7.3bn national wealth fund to ‘unlock investment’ July 9, 2024 Chancellor Rachel Reeves will launch a national wealth fund with £7.3bn of state funding to “unlock investment” in UK growth industries.
Tax from UK’s 74,000 non-doms paid for 18 days of NHS spending in 2022 July 9, 2024 Non-doms contributed nearly £9bn to the exchequer through tax and national insurance contributions (NICs) in the 2023 tax year, the highest amount since 2017, when new rule changes were brought in.
Tony Blair urges new government to harness ‘truly revolutionary’ potential of AI July 9, 2024 Tony Blair has urged the new Labour government to harness the "truly revolutionary" potential of AI to help radically reform the provision of public services.