<strong>SNP leadership ballot opens as Forbes, Yousaf and Regan vie to replace Sturgeon</strong> March 13, 2023 Voting in the SNP leadership election to choose Nicola Sturgeon’s replacement has opened as the race gathers pace. Candidates Kate Forbes, Humza Yousaf and Ash Regan are running to become Scotland’s next first minister, following Sturgeon’s shock resignation last month. Scottish National Party (SNP) members will choose between the finance secretary, health secretary and ex-communities [...]
MI5 spies to help firms counter China tech threats, says Sunak March 13, 2023 China poses the biggest “state-based” threat to Britain’s economic security, prime minister Rishi Sunak has said, as MI5 spies are set to help firms counter tech threats. UK organisations and businesses will receive expert security advice from the new National Protective Security Authority within MI5 to help them counter risks from hackers. It comes as [...]
Sunak says there’s ‘no chance’ of law change over Elgin Marbles as ex chancellor Osborne explores options March 13, 2023 Rishi Sunak has said there are “no plans” to change a law which blocks the Elgin Marbles from being given to Greece. The Prime Minister said the UK had “cared for” the sculptures in the British Museum for generations and they were “shared with the world” at the London site. Athens has long demanded the [...]
Recession kicked into long grass as UK steams ahead of Europe and US March 13, 2023 A recession hitting the UK economy is looking like an increasingly far flung prospect after yet more data today shows businesses and families are fending off the cost of living crunch. A net balance of 43 per cent of UK businesses are buoyant about the economy over the coming year, the highest level in a [...]
Hunt reportedly set to retain SMEs 19 per cent tax rate amid fears for tech March 12, 2023 Small and medium sized enterprises (SMEs) are set to hold on to the 19 per cent rate of company tax amid concerns for the future of the UK’s tech sector, the Mail has reported. Chancellor Jeremy Hunt will hand small and medium businesses major tax breaks to boost investment in the spring statement this week, [...]
Budget: Childcare support and energy bills on Hunt’s to-do list March 12, 2023 Ending the prepayment meter penalty on energy bills and boosting childcare support for the poorest parents are among measures set to be announced in the spring budget. Chancellor Jeremy Hunt this weekend confirmed households on prepayment meters will no longer pay more than people on direct debits, as of July 2023. Energy security secretary Grant [...]
Boris Johnson should ‘absolutely not’ hand honour to his dad, immigration minister Jenrick says March 10, 2023 Immigration Minister Robert Jenrick has said prime ministers should “absolutely not” hand honours to family members in response to reports Boris Johnson plans to include his father on his resignation honours list. Appearing on BBC Question Time on Thursday night, the Conservative MP was prompted to address the topic when a member of the audience [...]
UK economy ‘bounces back’ in another signal a recession is off the table but experts warn of stagnation March 10, 2023 The UK economy “bounced back” from a sharp contraction over Christmas and is holding up better than feared in another sign the country could avoid a recession, official figures out today show. Gross domestic product (GDP) jumped 0.3 per cent in January, better than the consensus forecast of 0.1 per cent growth, according to the [...]
GB News losses hit £30m in first year on air March 9, 2023 British broadcaster GB News has amassed losses of more than £30m in its first full year on the air, after investing in numerous presenters including Eamonn Holmes and Nigel Farage. Figures from the news channel’s company accounts showed that it sunk deeper into a loss in the year to May 2022, after launching the channel [...]
Jeremy Hunt readies placeholder budget that will let a lot of people down March 9, 2023 Jeremy Hunt is going to let a lot of people down at his budget next Wednesday. Businesses. Families. Even former Prime Ministers. The Chancellor is poised to resist calls to save a flatlining economy by staying the course set in his November autumn statement of balancing the books. Households want an extension of energy support [...]