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      Burnham launches bid to stand as Labour MP in by-election

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Treasury

  • Rachel Reeves tells the City she wants to close gender pay gap if she becomes first female chancellor

    April 16, 2024

    Shadow Chancellor Rachel Reeves said Labour is "under no illusions about the scale of challenge Labour will inherit."

  • Leave London if UK markets are ‘unwilling or unable’ to engage, hedge fund tells Wood Group

    April 16, 2024

    In the letter, which City A.M. has also seen, Sparta said it has been a shareholder in Wood since "early 2022," and during that time, the fund has been "frustrated by the continued underperformance of the shares."

  • UK economy grows in February as recovery gathers steam

    April 12, 2024

    The figures will raise hopes that the UK economy can move on from a disappointing 2023.

  • Plans to stop NDA abuse provide clarity but aren’t radical, lawyers say

    April 10, 2024

    Non-disclosure agreement (NDA) clauses that aim to stop victims reporting crimes to the police are “likely already unenforceable” under “current laws”, lawyers have said.

  • Should you buy NS&I’s British Savings Bonds or Premium Bonds?

    April 6, 2024

    As the government launches its much-touted British Savings Bonds, City A.M. asks whether the product is worth investing in over Premium Bonds.

  • Thames Water default: What’s next for the company now it can’t officially pay its debts?

    April 5, 2024

    Is Thames Water edging closer to a Bulb-style government bailout?

  • Treasury urged to reform tax system in bid to boost US-style philanthropy

    April 4, 2024

    According to the Financial Times, Frazier is pushing the Treasury to move the tax regime towards a more US-style system.

  • Post Office scandal: Leaked recordings reveal bosses knew Fujitsu meddled with postmaster Horizon accounts

    April 4, 2024

    Forensic accountants discovered direct instructions from the Post Office to Fujitsu, instructing the alteration of sub-postmaster accounts.

  • Letter to the editor: Interest rates, the long and the short of it

    April 4, 2024

    While short-term interest rates make news, many overlook long-term rates, which are reaching levels not seen in over a decade.

  • Child benefit changes to kick in as government expands free nursery hours

    April 3, 2024

    Changes to child benefit are set to save higher earning parents an average of £1,260 a year as the high income charge threshold increases.

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