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spending review

  • We talked to 12 permanent secretaries about how to rewire the state – here’s what they said

    Opinion

    The path to an integrated digital state must be problem-led, not tech led, says Yatin Mahandru The UK government has an ambitious vision – a ‘rewiring of the British state’ powered by digital and AI. Leadership is clear that “no person’s substantive time should be spent on a task where digital or AI can do [...]

    Dominic Cummings claims China has stolen vast amounts of secret UK material
  • Rachel Reeves: Higher taxes on wealthy ‘part of story’ for Budget

    Economics

    Rachel Reeves has confirmed a tax grab on the UK’s wealthy will be “part of the story” for her forthcoming Autumn Budget as she dismissed critics who fear an exodus from the nation’s richest.  The Chancellor has faced rallying calls to launch a cash grab on the wealthy as she looks to strum up funds [...]

    U.S. Treasury building facade with American flag, highlighting government finance and economic policy decisions
  • Autumn Budget: Reeves must focus on growth, not ‘gimmicks’

    Business

    Ahead of the Autumn Budget, City Reporter Samuel Norman sits down with top industry names for a Budget Briefing. This week, the chief executive of founders club Helm calls for bold innovation policies took take centre stage. Chancellor Rachel Reeves should use her second Autumn Budget to make bolder swings for the UK’s innovation economy [...]

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  • Brits back spending cuts over tax rises

    July 8, 2025

    Voters prefer spending cuts over tax rises, fresh polling has found, putting Chancellor Rachel Reeves at odds with an electorate that has become frustrated with her economic policies.  Rachel Reeves set spending pledges in stone in June when she confirmed Labour would boost day-to-day departmental and capital spending, with the NHS receiving a fresh three-year [...]

  • Labour versus the bond markets, businesses and ballots

    July 3, 2025

    Birthdays aren’t best celebrated on a hangover but Labour’s senior leaders will be waking up with a painful headache this morning after haemorrhaging support from both bond markets and backbenchers. As dozens of Labour MPs discovered the level of influence they held over whips in parliament, unsympathetic bond traders flexed their own powers as medium-term [...]

  • Reeves urged to unfreeze income tax or risk entrenched damage

    June 26, 2025

    Rachel Reeves has been given another stark warning of the implications of extending the freeze on income tax thresholds. The Chancellor has vowed to not repeat the scale of tax rises in last year’s autumn Budget, but has not addressed whether she will stand by her promise to unfreeze income tax thresholds from 2028. Reeves [...]

  • Manufacturers falter as Reeves urged to fast-track growth policies

    June 24, 2025

    Manufacturing output continues to slump, according to the UK’s largest industry body, as bosses are urging Chancellor Reeves to back up training and technology policies with “short-term delivery”.  The UK government set out its long-awaited industrial strategy earlier this week where it listed areas of the economy which had greatest potential for growth, including advanced [...]

  • Creative industries in line for £380m government injection

    June 21, 2025

    Britain’s film, music and video game industries are set to receive millions of pounds of investment as the Government seeks to ensure the UK’s place as a creative superpower. The investment, announced by Culture Secretary Lisa Nandy, will see £380 million spent on a range of projects intended to double private investment in the creative [...]

  • UK innovation hinges on talent and clusters, says Lord Vallance

    June 20, 2025

    The UK’s science and innovation lanscape is on the cusp of a major transformation, according to science minister Lord Patrick Vallance, who argued the UK must now “connect with its brightest clusters” and supercharge international partnerships to stay competitive. Speaking the recent India Global Forum on Thursday, the government’s national tech adviser and Oxford-Cambridge innovation [...]

  • Lord Darzi: Tech and global collaboration could save the NHS’s ‘critical condition’

    June 20, 2025

    The NHS is in ‘critical condition’ and in urgent need of reform, but technology and international partnerships, particularly with India, could hold the key to its recovery, said Lord Ara Darzi. “We have a lot to learn from our colleagues in India”, Darzi announced on Thursday at the India Global Forum. “They’ve done some really [...]

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