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Treasury

  • General Election 2024: Do markets perform better under the Conservatives or Labour?

    May 26, 2024

    Both the FTSE 100 and the FTSE 250 were essentially flat the day after the announcement.

  • ‘Customers can’t afford to pay’: Fears for London’s hospitality scene mount before general election

    May 25, 2024

    Fears for London’s hospitality scene are mounting among restaurant and pub owners, as many reveal they are still trading below pre-pandemic levels due to red hot supply costs and pressures on consumer spending.

  • Why Sunak and Starmer will put the economy at the heart of the election

    May 24, 2024

    In his statement announcing the election, Rishi Sunak said "I came to office above all to restore economic stability."

  • Election 2024: This economic data is bad news – that’s why Sunak called a vote

    May 22, 2024

    The Conservatives are set to call an election for July 4th and will put a nascent economic recovery at the heart of their re-election pitch.

  • Blow for Jeremy Hunt’s tax cut hopes as borrowing beats expectations in April

    May 22, 2024

    Economists closely watch the borrowing figures for any indications of how much fiscal space the Conservatives will have to cut taxes ahead of an election later this year.

  • Inflation ahead of expectations in blow for June interest rate cut hopes

    May 22, 2024

    At the Bank of England's last meeting earlier this month, policymakers confirmed that they were considering cutting interest rates.

  • IMF upgrades growth forecasts for UK economy but warns of ‘tough choices’ ahead

    May 21, 2024

    "With growth recovering faster than expected, the UK economy is approaching a soft landing, following a mild technical recession in 2023," the IMF said.

  • Time to give the UK’s golden goose some much-needed nurturing

    May 21, 2024

    One side committed - the other sniffing around elsewhere. It’s harder to judge betrayal in politics, where snake-like behaviour is more easily accepted. 

  • Tax from UK’s financial sector pays for the country’s entire education budget

    May 21, 2024

    "Financial and related professional services are a significant and consistent source of tax revenue for the government," Miles Celic, chief executive at TheCityUK, said.

  • London Stock Exchange chief takes aim at ‘pernicious’ stamp duty on shares

    May 20, 2024

    The boss of the London Stock Exchange described the effect of a stamp duty on shares as “pernicious” today as she claimed the gloomy “public narrative” surrounding the City was beginning to lift.

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