Labour’s business backers – where are they now? December 10, 2024 Labour won the public backing of over 120 business chiefs in a letter before the election – but the enthusiasm of those executives appears to have dimmed since then. City AM tried to track them down. It was a letter that seemed to signal a tectonic shift in British politics when it landed in newspapers [...]
Quarter of small businesses concerned they cannot weather financial shocks December 9, 2024 HSBC's research found small and medium enterprises (SMEs) are increasingly being held back by business and borrowing costs.
Voters ‘angry’ and impatient’, Rayner admits, amid fall in Labour support December 8, 2024 Voters are angry and impatient for change, Angela Rayner has admitted, amid a fall in support for Labour in the polls and a rise for Reform UK. The deputy Prime Minister said she understood the mood of the country after what she called several “significant challenges” faced by the government in its first months in [...]
Keir Starmer: Planning regime ‘suffocating aspirations of working families’ December 6, 2024 Writing in the Times, Starmer said the planning system had become "increasingly ruinous" and was "suffocating the aspirations of working families".
Planning reforms have had ‘profound and hugely positive impact’, Berkeley says December 6, 2024 FTSE 100 house builder Berkeley said it was on track to meet its profit targets in 2025 as it announced a new investment strategy to help capitalise on the government’s planning reforms. The government has committed to building 1.5m new homes over the course of the parliament. To meet its target, ministers are consulting on [...]
Burford Capital turning its back on London over government delays December 5, 2024 Listed legal financial firm Burford Capital is rolling back on using London due to "uncertainties" in the legal market as a result of government delays
Will Keir Starmer meet his pledge to improve living standards? December 5, 2024 Before the General Election Labour was proudly proclaiming its commitment to generating economic growth. The first ‘mission’ in the party’s manifesto was to secure the highest sustained growth rate in the G7. After Keir Starmer’s speech earlier today, that mission has been downgraded to an ‘aim’. The new pledge, heavily trailed before the speech, is [...]
Starmer pledges to deliver ‘higher living standards’ in milestones speech December 5, 2024 Sir Keir Starmer has pledged to deliver “higher living standards” across the UK by the end of this parliament – but did not put a figure on his target. The Prime Minister aimed to flesh out his pre-election promise to kickstart economic growth, as he set out a set of new “milestones” in a major [...]
Slump in housebuilding casts doubt on government’s new homes pledge December 5, 2024 Tim Moore, economics director at S&P Global Market Intelligence, said housebuilding was suffering from a "sustained downturn".
ISA changes to be government priority in 2025 says AJ Bell boss December 5, 2024 AJ Bell’s boss has said that ISA simplification is expected to be a priority for the government next year. “My understanding is that in 2025 we’ll see some progress on ISA simplification, and we’ll look to engage with government as part of that,” said AJ Bell CEO Michael Summersgill. There had been anticipation of a shakeup in [...]