Experts react to Reeves: The finances might be worse than expected – but tax hikes are still coming July 30, 2024 While Rachel Reeves laid out a fiscal inheritance that was worse than many had anticipated, tax rises are almost certainly on the way, economists and experts have said in reaction to the Chancellor's speech today.
The biggest challenge for the Conservatives? Getting their story straight July 30, 2024 Whoever becomes the next Conservative leader must get their story on what the Tories did wrong – and right – straight, writes Henry Newman Does it matter who the next leader of the Conservative Party is? A large slice of Britain won’t be paying much attention to the Tories, or to politics more broadly, until [...]
Nobody could have known how bad the economy was, but we will fix it July 30, 2024 City A.M. readers deserve a government that offers a realistic plan to seize growth, support the City to flourish and make every part of the country better off, says Tulip Siddiq We were elected on a mandate to deliver change. That means being honest with the public about the scale of the challenge in front [...]
Businesses no longer want the government to get out of the way July 30, 2024 A new partnership will mean government and business can co-create the opportunities for long-term investment to flow back into the UK, says Iain Anderson
Rachel Reeves reveals plans to cut spending by £5.5bn and address ‘unforgivable’ inheritance July 29, 2024 Rachel Reeves announced spending cuts worth £5.5bn as the new government seeks to address a £22bn black hole in the public finances.
Reeves to pave way for spending cuts with attack on ‘worst inheritance since the war’ July 28, 2024 Rachel Reeves will vow to "fix the foundations of our economy" in a much anticipated speech to Parliament in which she will also reveal the findings of the Treasury's spending audit.
Britain is unwell: Four charts explaining the UK’s long-term sick problem July 27, 2024 The topic of sick leave was back in the headlines this week after a health adviser to the government declared that the long-term sick must be forced to look for jobs to cut welfare costs and reduce the UK’s reliance on immigration.
GB Energy to work with Crown Estate to develop offshore wind farms, says government July 25, 2024 Britain’s newly created state-owned energy company, Great British Energy, is to partner with the monarchy’s property firm to help speed up the building of offshore wind farms.
The UK economy has defied gloomy expectations. Can this continue? July 25, 2024 The UK economy has surprised pundits again and again this year, growing at a much faster rate than almost anyone had expected.
Majority of Brits back idea of Labour extending £77m per year package for Team GB to have shot at Olympic Games success July 25, 2024 Two thirds of Brits back government funding being used to propel Team GB athletes to gold medals at Paris 2024. Exclusive polling shared with City A.M. shows that 67 per cent of Brits support continued state funding for athletes. That’s lower than the likes of Indonesia (91 per cent), Ireland (75 per cent) and Australia [...]