Sadiq Khan criticised for £512m spending boost ahead of election January 18, 2024 Sadiq Khan has been criticised for a pledging £512m spending boost in his draft City Hall budget for next year ahead of the mayoral elections.
Chancellor to meet with Lloyds, Barclays and Natwest executives over share slumps January 18, 2024 Chancellor Jeremy Hunt is convening a summit with bosses from the UK's largest banks to discuss concerns that their poor share performance is preventing more lending into the economy.
It may get them elected, but overpromising will set Labour up for failure against unions January 18, 2024 It may be tempting to promise big, but Labour need only look to Northern Ireland to see the price of disappointment, writes Will Cooling.
Woodford deal could create ‘systemic risk’ by scrapping investor protections, say academics January 17, 2024 A group of academics have warned that the planned £230m compensation for Woodford investors “would be likely to set a dangerous precedent” by scrapping “cornerstone” protections for investors provided by regulators.
Rishi Sunak faces crunch vote as Rwandan president says policy is ‘UK’s problem’ January 17, 2024 Rishi Sunak is under pressure over his policy to deport asylum seekers to Rwanda, which faces a crunch vote in the Commons.
Central bankers push back on interest rate cut bets but accept progress on inflation January 17, 2024 In the US, traders think there is a 60 per cent chance that the Fed will lower interest rates in March, according to CME Fedwatch.
Childcare costs mean it makes ‘no financial sense for many mothers to work’: official report January 17, 2024 London’s economy could be being held back by around £5bn a year due to issues with childcare costs and shortages.
Private sector investment central to Labour’s plan for Britain, Reeves to tell Davos January 17, 2024 Private sector investment is the “lifeblood of economic growth” and central to Labour’s ambitions for Britain, Rachel Reeves is set to say at Davos.
Electoral and fiscal pressures will clash over the coming year – there can only be one winner January 17, 2024 The main political parties have received no shortage of warnings about reckless fiscal plans ahead of this year’s election.
Running down the clock: Why 2024 is set to be a long year in politics January 17, 2024 While Rishi Sunak is keen to run down the clock to November, Labour are eager to seize what they see as their moment, as we enter an election year.