Labour to soften 2030 petrol car ban by extending hybrid sales deadline September 15, 2024 Labour is planning to allow hybrid vehicles to be sold until 2035 amid concern over a slowdown in EV sales.
Lammy: West won’t be bullied by Putin over Ukraine missile talks September 15, 2024 The West will not be bullied by Vladimir Putin’s threat of all-out war with Nato if Ukraine is given permission to use Western weapons to strike inside Russia, David Lammy has said. The foreign secretary said talks were continuing with the US and allies about giving Kyiv permission to use UK-supplied Storm Shadow missiles to [...]
Triple Point: Social housing firm bets on Labour boost September 13, 2024 A listed social housing investor said the industry is set for a boost under the Labour government today as ministers prepare to tear up planning laws and kick off a housebuilding drive. Triple Point, which invests in supported accommodation, said in its half-year results that it is expecting a period of “greater political stability” that is [...]
Retail group calls for ‘rates corrector’ in next Budget September 13, 2024 High business rates and other bills have led to an overtaxing of the retail industry compared to its size in terms of GDP, according to fresh data. The British Retail Consortium found that retail pays 7.4 per cent of all business taxes – £33bn – a share 1.5 times greater than its share of the [...]
Government must ‘offer hope’ to attract investment, CBI chief to argue September 12, 2024 The government must “have and offer hope” in order to attract global investors to bet on and back Britain, the chief executive of the Confederation for British Industry (CBI) will argue. In a rejection of No10 and the Treasury’s gloomy economic language, Rain Newton-Smith will use the CBI’s annual dinner in Glasgow to call for [...]
Renters’ Rights Bill: What is it and what does it mean for the market? September 12, 2024 Labour’s Renters’ Rights Bill, which landlord groups have said will be the biggest change in the sector for over thirty years, entered parliament this week. Legislation will be introduced “to give greater rights and protections to people renting their homes”, including removing no-fault evictions, tightening housing standards and loosening rules on pet ownership, King Charles [...]
Major NHS reforms will ‘take a decade’, Keir Starmer warns September 12, 2024 A series of major reforms to the NHS will “take a decade” and won’t be “universally popular”, Sir Keir Starmer has warned in a speech about the future of the UK’s healthcare system. The Prime Minister pledged that his Labour government “will always make the investment in our NHS that is needed… even in difficult [...]
In defence of political donors September 12, 2024 Labour’s cronyism scandal has rightly led to calls for greater transparency around donors but let’s not throw the baby out with the bathwater. If anything, we need more private money in politics, says Henry Newman Politics is sometimes called show business for ugly people. Aesthetics isn’t the only supposed difference between Westminster and Tinseltown. British [...]
Labour’s housebuilding plans ‘too reliant’ on private sector September 12, 2024 An influential think tank has argued that the government is unlikely to meet its ambitious housebuilding targets because it is "too reliant" on the private sector.
UK agrees £500m funding deal with Tata Steel September 11, 2024 The government will invest £500m into Tata Steel’s UK operations alongside an “improved deal” for workers to support the transition to greener steel production, business secretary Jonathan Reynolds confirmed today. Workers at the country’s biggest steel plant in Port Talbot, south Wales, will receive “improved” redundancy terms and the offer of a skills package, he [...]