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 [...]
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, [...]