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 [...]
Hunt announces civil service hiring freeze as he aims to shrink the state October 2, 2023 Chancellor Jeremy Hunt today announced a freeze on civil service recruitment and pledged to shrink the size of the state.
Pay boost for 2m workers as Hunt to confirm living wage rises to £11 an hour October 2, 2023 Workers could see their pay packets feel heavier as Jeremy Hunt is set to announce a rise in the national living wage to at least £11 an hour.
Normal service resumed? CBI boss tells corporate Britain she’s turned the page on scandal October 2, 2023 Rain Newton-Smith is well respected in the City but scandals and questions over its long-term utility have left the CBI in a pinch
UK ‘committed to working closely’ with the EU as City firms fear post-Brexit red tape September 27, 2023 The City minister has said the UK is "committed to working closely" with the EU on financial services rules today amid fears that growing divergence between UK and EU regulators will increase the regulatory burden on City firms.
Labour vows to overhaul apprenticeship levy to improve skills and growth September 25, 2023 Labour has pledged to reform the apprenticeship levy in a bid to encourage firms to improve their employees' skills.
Hunt’s mooted ISA reforms offer ‘a beacon of hope’ to struggling firms, business groups say September 24, 2023 Top City business groups have welcomed suggestions the Treasury could reform rules around ISAs in a bid to supercharge London-listed firms.
Government borrows less than official predictions in August thanks to rising tax receipts September 21, 2023 The government borrowed £11.6bn in August, the fourth highest August borrowing figures on record but still lower than official forecasts from the Office for Budget Responsibility (OBR). According to figures from the Office for National Statistics (ONS), higher central government spending meant borrowing was £3.5bn higher than August last year. The only time the government [...]
Jeremy Hunt: No tax cuts on the cards before next general election September 11, 2023 Jeremy Hunt has hinted that tax cuts are unlikely to be on offer before the next general election after warning that inflation had proved “stickier than was forecast”. The Chancellor told Bloomberg that he did not expect to have more fiscal headroom at the Autumn Statement — compared with the spring Budget — and “debt [...]