Rachel Reeves at risk of becoming shortest-serving Labour Chancellor July 2, 2025 Rachel Reeves is at risk of becoming the shortest-serving Labour Chancellor in history after Prime Minister Sir Keir Starmer declined to give her a public show of support. The PM was facing questions at Prime Minister’s Questions today over his handling of a welfare reform package which has been stripped of key elements to limit [...]
Will banks be able to escape a Reeves’ tax raid this Autumn? June 27, 2025 As Rachel Reeves watches her fiscal headroom crumble with every Labour U-turn, the Chancellor may return to her budget mantra that those with the “broadest shoulders should bear the heavier burden”. Lenders managed to skirt a tax raid in the 2024 budget after lobbyists warned it could damage the sector’s international competitiveness, but renewed fiscal [...]
Starmer calls for negotiations after US attacks Iran’s nuclear sites June 22, 2025 Sir Keir Starmer has urged Iran to return to negotiations after Donald Trump launched US air strikes on the regime’s nuclear facilities. The Prime Minister said Iran’s nuclear programme is a “grave threat” which the US military action would “alleviate”. There is understood to have been no UK involvement in the action, which comes after [...]
Keir Starmer defends uncertainty over defence spending target June 2, 2025 Sir Keir Starmer has defended not setting a precise date for when the UK will deliver its “ambition” to spend three per cent of GDP on defence. The Prime Minister is facing backlash after the government appeared to row back from an important target ahead of Monday’s strategic defence review announcement. Starmer told the BBC [...]
Rolls-Royce: Shares in FTSE 100 giant rally on trade deal hopes May 8, 2025 Shares in Rolls-Royce were driving the FTSE 100’s gains on Thursday as the UK looked poised to secure a trade deal with the US. Shares in the Derby-headquartered group were trading up three per cent at 790.60p in early deals, closing in on its all-time high The firm, which triumphed as Business of the Year [...]
Ed Miliband’s net-zero plans risk causing blackouts, says Union boss May 5, 2025 The boss of one Labour’s largest supporting unions has urged Sir Keir Starmer to ignore the “false prophets of climate fundamentalism” and rethink the current net-zero timetable. Writing in the Times, GMB General Secretary Gary Smith warned the government’s pledge to transition to clean power by 2030 could lead to blackouts akin to those in [...]
Tax return: Keir Starmer paid more than £54,000 last year April 15, 2025 Sir Keir Starmer has paid more than £54,000 in tax from 2023-2024, it has been revealed, as book royalties and interest on savings pushed the PM’s income into the top tax bracket. The Prime Minister, who published his tax return for the first time since Labour took power, paid £54,718 in tax, according to the [...]
Jaguar Land Rover eliminates £5bn debt pile but warns of ‘significant threat’ April 7, 2025 The boss of Jaguar Land Rover has revealed the luxury car maker has eliminated its net debt pile which totalled £5bn at its peak. Speaking alongside Sir Keir Starmer and Rachel Reeves during their visit to the Midlands, chief executive Adrian Mardell confirmed the milestone which has seen the manufacturer reduce its debt over a [...]
Welfare reforms: What are the politics of Labour’s benefits changes? March 19, 2025 Over the past few weeks, it’s been hard to avoid reports of the government preparing the ground for a string of changes to the UK’s welfare system. Call it kite flying, pitch rolling, or testing the waters, when work and pensions secretary Liz Kendall got to her feet in the House of Commons on Tuesday, [...]
Households close to pylons to get £250 off annual energy bills March 10, 2025 Households situated near new pylons will receive hundreds of pounds off their annual energy bills as part of a government overhaul of the UK’s planning system. Proposals laid out this week will see residents within half a kilometre of new or upgraded electricty systems gain access to a bill discount scheme allowing them £2,500 off [...]