Would Labour’s plans for a British sovereign wealth fund work? May 28, 2024 While we don’t know the details of a Labour manifesto yet, we do have one solid commitment from them: a sovereign wealth fund. “The National Wealth Fund will be a crucial tool in our armoury towards bringing about growth,” shadow chancellor Rachel Reeves has said. Senior City figures have been calling for the establishment of [...]
Election 2024: Rachel Reeves to pledge ‘most pro-growth Treasury in history’ May 27, 2024 Rachel Reeves will pledge to “lead the most pro-growth Treasury in our country’s history”, if elected as Chancellor on July 4.
Tax rises are coming and these are the ones to look out for May 21, 2024 Unless the next government rips up the fiscal rules it’s going to have to raise taxes, so it pays to think about where the extra money might actually come from, says Tim Sarson Last September I wrote about how our Government and its peers around the world are running out of money as they face [...]
Keir Starmer: Major UK business chiefs back Labour leader May 16, 2024 Keir Starmer has secured the backing of top business leaders, with the Boots boss and chief executive of housing developer Thakeham endorsing his party today. Their support was unveiled at a rally-style campaign event which saw the Labour leader and his shadow cabinet announce his six pledges which they call their “first steps for change”. [...]
Memo to Sunak and Reeves: you can’t have security without prosperity May 16, 2024 Both Rachel Reeves and Rishi Sunak want to frame the next election around the question of who will make you safer, but both are missing the point
The UK is out of recession – but it’s far too soon to celebrate May 14, 2024 While the UK's exit from recession is welcome news, structural problems will continue to stymie economic growth for years to come if they are not addressed soon, Chris Dorrell writes
This Time No Mistakes: The big challenge facing Keir Starmer May 11, 2024 When Labour gets into power, it cannot just pull a lever marked 'investment'.
Don’t let Labour put FDI at risk May 8, 2024 A Labour government would threaten London’s position as Europe’s top destination for FDI. Only one part knows how to create an attractive regulatory and investment environment, says Lord Johnson One of this Government’s most important missions is to drive innovation and growth by attracting a continuous stream of high quality, global investment. As the Minister [...]
Rachel Reeves: Nigel Lawson was ‘right’ on not abolishing National Insurance May 7, 2024 Labour’s shadow Chancellor, Rachel Reeves, speaking in the City of London today, set out her party’s attack lines on the Tories’ economic record following the local and mayoral elections last week.
UK to bid recession farewell as debate over state of the economy heats up May 7, 2024 New figures out this week are set to show that last year's shallow recession has come to an end as political debate about the state of the economy heats up.