Andrew Bailey concerned by UK’s lower ‘potential growth rates’ due to supply constraints November 27, 2023 Andrew Bailey, governor of the Bank of England, said the UK's worst performance on the supply side in recent years "concerns me a lot" as he warned that rates would not be cut any time soon.
Michael Gove: Current levels of migration placing pressure on housing crisis November 27, 2023 Michael Gove has said current levels of migration were putting pressure on housing, after last week’s figures showed a huge spike in people coming to this country. The veteran Tory politician and secretary of state for levelling up, housing and communities who previously ran for leadership positions admitted the government hadn’t built enough homes ‘for [...]
Boost for Britain as businesses commit to invest £30bn in UK November 27, 2023 Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain, the government has announced ahead of a major investment summit taking place today.
Central banks to stress higher for longer rates narrative as traders bet on cuts November 26, 2023 A range of prominent central bankers will be speaking this week as markets look for clues on the future path of interest rates.
Treasury minister fails to rule out further tax cuts ahead of election November 26, 2023 A senior government minister has not ruled out the possibility of more tax cuts ahead of a general election, stating that the Autumn Statement had “set the direction of travel”.
Short-changed: Woodford investors told to reject FCA’s ‘bad deal’ November 24, 2023 Burnt investors in Neil Woodford’s collapsed investment fund should reject the “bad deal” tabled by regulators and instead pursue their own compensation, the law firm litigating against the fund has said today.
Tories get poll bump as 60 per cent back national insurance ‘cut’ November 24, 2023 The Conservatives have achieved a slight poll boost following the Autumn Statement - but Labour have still held on to a significant lead.
Israel-Hamas: Temporary ceasefire takes effect — but ‘war not over yet’ November 24, 2023 A temporary ceasefire between Israel and Hamas came into effect early this morning ahead of a hostage release later today.
Hunt has raided the piggy-bank for his tax cuts. Will it work? November 23, 2023 By spending all of the extra inflation windfall in one go, its hard to avoid the conclusion that Hunt has taken a big gamble.
Payment firms welcome government focus on open banking and competition November 23, 2023 Payment firms have welcomed Jeremy Hunt’s plans to legislate on open banking next year and follow recommendations of a government-backed review calling for more competition.