Hunt must commit Treasury and BoE to review of rate rise impact, Labour shadow City minister urges March 21, 2023 Chancellor Jeremy Hunt has been urged to commit the Treasury and the Bank of England to a review of “sharp interest rate rises” in light of the ongoing banking turmoil. Shockwaves have rocked the financial sector in the past weeks with the collapse of the US arm of tech bank SVB – plus the buyout [...]
Sadiq Khan: Climate deniers will be ’emboldened’ if ULEZ expansion fails March 20, 2023 London’s ultra-low emissions zone (ULEZ) expansion is now a “key frontier” in the global fight against climate change, Sadiq Khan has said. The mayor of London has called on the environmental lobby to come out more strongly in favour of the controversial policy, saying climate change deniers will be “emboldened” if it fails. Speaking at [...]
Allies fear Boris Johnson walking into a partygate ‘witch hunt’ – with a comeback at risk March 19, 2023 Former prime minister Boris Johnson could face a “witch hunt” before MPs at a grilling over his involvement in the lockdown-busting partygate scandal, a key ally has warned. Lord Greenhalgh, who was a deputy mayor during Johnson’s tenure at City Hall, said he was “concerned it will be a witch hunt” and hoped he would [...]
Business charm offensive: Reeves discusses investment plans at meeting with Lloyds, Aviva, L&G and British Land March 14, 2023 Labour’s business charm offensive is continuing as shadow chancellor Rachel Reeves is set to discuss plans to boost investment. Keir Starmer’s Labour has positioned itself as the ‘party of business’ as it aims to exploit the Conservatives’ reputational hit following the economic chaos of Liz Truss’s calamitous mini-budget. Reeves will discuss plans to boost business [...]
Labour warns UK has only half the childcare places it needs, as party demands urgent reform to support working parents March 8, 2023 The UK has only half the childcare places it needs, Labour has warned, with one in five providers haveing closed in the last five years. Shadow education secretary Bridget Phillipson is set to lay out her party’s plans to reform the sector today and has vowed improvements will be her “first priority in government”. “The [...]
Labour tells Jeremy Hunt to ‘get a move on’ with Solvency II reforms March 7, 2023 Labour has hit out at the government over delays to overhauling EU-era Solvency II rules demanding that it needs to “get a move on”. Shadow city minister Tulip Siddiq called on Chancellor Jeremy Hunt to reform the rules – which govern the sums of money insurers must hold on their balance sheets to protect themselves [...]
Labour backs 25 per cent corporation tax rate amid calls to scrap rise ahead of budget March 6, 2023 Labour will back the government’s bod to keep the planned corporation tax rise to 25 per cent amid “siren calls” to scrap the move ahead of the budget. It comes as the shadow chancellor is set to say Britain must be in “lockstep” with the G7 and work to “incentivise investment”, at the announcement of [...]
Labour’s business charm offensive is an attempt to right the ship March 6, 2023 As Labour headed further left under Corbyn, business ran scared from the party fearing higher taxes and heavy-handed nationalisation – all roundly rejected by voters. But Starmer has steered the ship around and is leading a business charm offensive. His efforts to win over big business have been branded the ‘Prawn Cocktail Offensive 2.0’ in [...]
Sadiq Khan urges government to commit to making all public bodies a ‘safe haven for women’ March 6, 2023 Sadiq Khan is urging the government to back his call for a review of “women-friendly” workplace policies ahead of International Women’s Day. The mayor of London is calling for public bodies to commit to supporting female workers with domestic abuse, gynaecological pain, leadership development, and the menopause. He has written to work and pensions secretary [...]
Sadiq Khan criticised for ULEZ cameras for ‘pay-as-you-drive’ charge plans March 5, 2023 London mayor Sadiq Khan has been criticised over plans to use ULEZ cameras for a possible future ‘pay-as-you-drive’ road user charging scheme. Transport for London (TfL) is looking into replacing existing schemes such as the congestion charge and the ultra low emission zone (ULEZ) with a “single, integrated road user” charge. Just 300 of the [...]