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Rachel Reeves

  • Sir James Dyson is right to warn on Labour’s damaging policies

    June 19, 2025

    Sir James Dyson knows a thing or two about how to build a business. In an impassioned piece in The Sun yesterday he reflected on his own entrepreneurial experiences, saying “It took me 5,127 prototypes, each made by hand…I was on the brink of bankruptcy before I found success.” He set out his concerns that [...]

  • Rumours of the dollar’s demise have been greatly exaggerated

    June 19, 2025

    We are in the thick of global summitry, rolling from the G7 in Canada towards the NATO meeting in The Hague next week. President Trump is conducting foreign policy via social media, the prime ministers of the UK and Canada are having a pint in the pub and the French President is making stopovers in [...]

  • Exclusive: Government admits fossil fuels use is cheaper than net zero technology

    June 19, 2025

    The UK government has quietly admitted that using low-carbon technologies essential to the rapid drive to net zero are more expensive than when fossil fuels are used an energy source, City AM can reveal. Labour ministers are expected to double down on expanding the use of green technologies to lower costs as the Treasury and [...]

  • Labour must not overlook London when it comes to infrastructure spending

    June 19, 2025

    The Spending Review saw investment in Scotland, the Midlands and the North but this not come at the expense of London, which is essential to the growth of the entire nation. The infrastructure strategy is a chance to correct the course, says Peter Hogg As the economic heart of the United Kingdom, London plays an [...]

  • The centre-right is in retreat across Europe: here’s how to restore it

    June 19, 2025

    The centre-right dominated post-war European politics, but those days are over. To beat populist insurgents, conservatives must remember the ten Cs, says Joe Harrison Squeezed between Labour and Reform, the Tories are in a desperate struggle for political breathing room. It is tempting to pin this relevance crisis on past blunders – Liz Truss’s infamous [...]

  • AIM boss: Inheritance tax sums don’t add up 

    June 19, 2025

    As AIM celebrates its 30th anniversary the market’s boss is eying a crucial birthday present from the Treasury: tax clarity. AIM shareholders were thrust into the tax spotlight last month after a leaked memo revealed Angela Rayner proposed Chancellor Rachel Reeves slap a series of taxes savers. Scrapping the inheritance tax exemption for AIM shares [...]

  • Labour’s National Wealth Fund a misnomer, MPs told

    June 18, 2025

    Labour’s National Wealth Fund faced renewed calls for clarity on Wednesday as the Treasury Committee continued its inquiry into the government’s new body. The government’s rebrand of the National Wealth Fund (NWF) from the UK Infrastructure Bank (UKIB) in October 2024 has raised questions amid confusion of the two bodies’ remits. Academics and think tank [...]

  • Santander interested in TSB takeover

    June 18, 2025

    Santander has approached its Spanish banking peer, Banco Sabadell, regarding a takeover of its UK high street bank, TSB. Britain’s fifth-largest lender is reported to have expressed interest in a deal for TSB, which follows owners Sabadell confirming earlier this week it had been approached regarding acquisitions. A formal offer is yet to be tabled, Sky News [...]

  • Speedy Hire swings to loss amid depot closures

    June 18, 2025

    Speedy Hire has slumped into the red as it grapples with a challenging economic backdrop and tax hikes announced in Chancellor Rachel Reeves’ Autumn Budget. The London-listed firm, an equipment hire specialist, swung to a pre-tax loss of £1.5m in the year ended 31 March, 2025, down from gains of £5.1m the prior 12 months. [...]

  • James Dyson: Labour is killing aspiration in UK

    June 18, 2025

    Britain’s “myopic” civil servants, politicians and judges are squashing aspiration, according to billionaire entrepreneur Sir James Dyson in a scathing attack on the current Labour government. Writing in a column in The Sun, the UK’s third richest person said that he worries that Britain “no longer has the aspiration to create the Dysons of the [...]

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