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Treasury

  • Boris Johnson referred to Treasury as ‘pro-death squad’, Covid inquiry told

    November 6, 2023

    Central decision-making in government for much of 2020 was 'a bit of a Punch and Judy'

  • Five things to look out for in Hunt’s Autumn statement

    November 6, 2023

    Theoretically, tax cuts are possible. Thanks to fiscal drag, the public finances are in better shape than most had expected.

  • Hunt must ignore illusory fiscal windfall in Autumn statement, think tank urges

    November 6, 2023

    James Smith, research director at the Resolution Foundation, said Britain’s bout of high inflation is "flattering the public finances, with higher pay growth feeding through into higher tax revenues."

  • Business cheers news that investment tax break could be permanent

    November 5, 2023

    Business groups have welcomed the news that Jeremy Hunt is considering making £10bn investment tax break permanent as part of this month’s Autumn statement.

  • Banks slammed for ‘doing as little as they can get away with’ to help savers

    October 30, 2023

    The UK's biggest banks are "trying to do as little as they can get away with" to help savers as interest rates look set to stay high, a top Tory MP has said.

  • Mikhail Fridman loses High Court bid over mansion upkeep

    October 26, 2023

    Mikhail Fridman has lost a High Court challenge against UK sanctions after he was refused permission to upkeep a London mansion.

  • Jeremy Hunt could quit as MP as Tory fears grow over Labour landslide

    October 22, 2023

    Jeremy Hunt is reportedly expected to stand down as an MP ahead of the next general election, in fear of a ‘Portillo moment’.

  • HMRC’s plans for second self-assessment helpline closure sparks outrage

    October 18, 2023

    HMRC is preparing for another closure of its tax self-assessment helpline after it gave users just 48 hours warning, MPs have been told.

  • Break up Treasury and scrap cabinet secretary job, civil service review to urge

    October 17, 2023

    The Treasury should be broken up and the cabinet secretary role should be scrapped, a review of the civil service is expected to urge.

  • Liz Truss allies set to publish ‘growth budget’ days ahead of autumn statement 

    October 15, 2023

    Liz Truss allies are set to publish their so-called ‘growth budget’ just days ahead of Jeremy Hunt’s autumn statement. The former Prime Minister, who spent just 49 days in power, set up the Growth Commission after leaving Downing Street in a bid to challenge what she termed ‘Treasury orthodoxy’. Now the task force has announced [...]

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