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Treasury

  • OBR downgrades UK growth prospects as higher interest rates bite

    November 22, 2023

    The Office for Budget Responsibility (OBR) has downgraded its growth forecasts for the UK economy over the next couple of years as higher interest rates bite.

  • Autumn Statement: Five things to look out for, from rabbits and taxes to pubs and cuts

    November 22, 2023

    Chancellor Jeremy Hunt will today unveil the Autumn Statement. City A.M. has broken down our top five things to watch out for.

  • Bim Afolami: What does the Square Mile make of their new City minister?

    November 22, 2023

    City grandees have urged new minister Bim Afolami to work with them on developing “competitive” regulation and improving entrepreneurship across the Square Mile.

  • Latest borrowing figures pose headache for Hunt ahead of Autumn Statement

    November 21, 2023

    Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said that "October’s data likely are more indicative of the trend over the coming months".

  • HSBC, Santander and Blackrock among firms advising Labour on private investment

    November 20, 2023

    City firms HSBC, Santander and Blackrock are among those advising the Labour Party on private sector investment following the launch of a new infrastructure council.

  • Homes close to new pylons to be offered £1,000 off bills a year

    November 19, 2023

    Households closest to new pylons and electricity substations could receive up to £1,000 a year off their bills under plans being announced by Jeremy Hunt.

  • One man, two guvnors: Why markets and MPs both have a say on Hunt’s Autumn Statement

    November 19, 2023

    Whatever fiscal headroom Hunt is granted will be relatively small compared to recent chancellors

  • Inheritance tax reportedly could be slashed by Sunak and Hunt at Autumn Statement

    November 16, 2023

    Plans to slash inheritance tax at the Autumn Statement are reportedly being drawn up by No10 and the Treasury.

  • Why long-term sickness will be on Hunt’s agenda in the Autumn statement

    November 16, 2023

    Chancellor Jeremy Hunt is expected to announce new measures to boost participation in the workforce in next week's Autumn statement in a bid to address the rise of long-term sickness .

  • Sunak hails ‘united team’ as new cabinet meets for first time

    November 14, 2023

    Prime Minister Rishi Sunak has hailed his “strong and united team” as his new-look cabinet featuring Lord David Cameron met for the first time this morning after a dramatic reshuffle.

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