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Treasury

  • 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 [...]

  • Rachel Reeves to claim ‘party of business crown’ with Labour conference speech  

    October 8, 2023

    Labour are gunning for the ‘party of business’ crown as Rachel Reeves prepares to unveil a string of policies on planning, building and investment in a bid to woo the private sector. Speaking at Labour conference in Liverpool, the shadow Chancellor will pledge to speed up the race to get critical infrastructure built, drive growth, [...]

  • Hunt: London’s stock market can rise above Nasdaq

    October 3, 2023

    London’s stock market “can actually do better than Nasdaq” in some areas, Jeremy Hunt said today, as the government and regulators scramble to boost the appeal of the City amid a drop in public listings.

  • Rishi Sunak refuses to say if HS2 to Manchester is being scrapped – six times

    October 3, 2023

    Rishi Sunak has refused to confirm whether HS2 to Manchester is being scrapped six times while being grilled in a live interview. The Prime Minister insisted to BBC Breakfast he had “absolutely not” given up on the multi-billion pound rail scheme which has dominated the Conservative Party Conference. “We’ve got spades on the ground on [...]

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