Labour urged to scrap ‘vindictive’ farm tax as Tories set to force vote December 1, 2024 Labour MPs are being urged to back scrapping the “vindictive” changes to inheritance tax (IHT) on farms, as the Conservative Party prepares to bring a vote on the issue. Tory MPs are set to use their opposition day debate on Wednesday, December 4, to insist Parliament hold a vote on Labour’s controversial move for farmers [...]
Starmer to unveil ‘mission’ milestones and compares Whitehall to ‘oil tanker’ December 1, 2024 The Prime Minister will set out a “plan for change” with milestones set in key policy areas, or ‘missions’ to achieve the targets laid out in Labour’s manifesto, Downing Street has said. Sir Keir Starmer will this week kick off what he called the “next phase” of his government, and announce the markers for achieving [...]
Keir Starmer to set out ‘plan for change’ with ‘milestones’ for key missions November 30, 2024 Sir Keir Starmer will set out a “plan for change” with milestones set in key policy areas to achieve the targets laid out in Labour’s manifesto, Downing Street has said. The Prime Minister will this week kick off what he has called the “next phase” of Government, as he announces the markers for his “missions” [...]
Stellantis closure: UK carmakers face ‘global’ challenges, Reynolds warns November 27, 2024 UK carmakers are facing “global challenges”, Jonathan Reynolds has warned, in the wake of Vauxhall owner Stellantis announcing plans to close its Luton plant. The business secretary said issues in the industry amid the shift to electric vehicles weren’t limited to the firm and insisted ministers did “everything we possibly could” to avert closure. Dutch [...]
Starmer refuses to rule out further tax rises or more borrowing November 27, 2024 Sir Keir Starmer has refused to rule out further tax rises or additional borrowing when challenged to repeat his Chancellor’s pledge not to “come back with more”. During Prime Minister’s Questions (PMQs) in the House of Commons on Wednesday, Conservative opposition leader Kemi Badenoch asked Starmer about Rachel Reeves’ words. She said: “At the Confederation [...]
Labour won’t fool businesses twice November 27, 2024 It’s becoming increasingly clear that trying to explain the value of private enterprise to Marxists is an exercise in what Churchill described as feeding a crocodile, hoping it will eat you last, writes James Price As the great wordsmith George W Bush once said: “Fool me once, shame on — shame on you. Fool me [...]
Employers warn of workers’ rights reform and Budget double whammy November 26, 2024 Businesses are concerned about the aggregate cost of changes to workers’ rights and the cumulative impact of Budget measures, MPs have been told. The committee of MPs scrutinising the Labour government’s employment rights legislation took evidence from business groups, industry representatives and trade unions on Tuesday. And they were warned the combination of reforms to [...]
Reeves played fast and loose with business leaders’ trust November 26, 2024 Not long ago, Rachel Reeves would have been right at home in a room full of business leaders and employers. During the election campaign it was comfortable territory for the aspiring Chancellor who reassured the private sector at every turn that Labour would be “the most pro-business government the country has ever seen.” Now, just [...]
McVitie’s biscuits boss dunks on UK as investment destination November 25, 2024 The boss of the company behind biscuit giants McVitie’s, Jacobs and Carr’s has warned that the UK has become a less attractive place to invest. Speaking at the Confederation of British Industry (CBI)’s annual conference on Monday, Salman Amin, the chief executive of Pladis, the firm behind the iconic brands, warned that Britain has become [...]
‘We’ve made our decisions’- Don’t expect Budget rethink, Reeves implies November 25, 2024 Rachel Reeves has implied she won’t rethink her Budget measures in the wake of backlash from business, saying: “We’ve made our decisions.” The Chancellor appeared at the Confederation of British Industry (CBI)’s annual conference on Monday in a fireside chat with Keith Anderson, the chief executive of Scottish Power. She was asked by ITV about [...]