Chancellor’s growth plans will create a ‘dynamic economy’ – if they materialise January 29, 2025 The Chancellor's plans to kickstart economic growth will help to create a more "dynamic economy", experts said - if they become a reality.
Chancellor Rachel Reeves ‘won’t apologise’ for reforming UK regulation January 29, 2025 Rachel Reeves has said that she “won’t apologise for wanting to reform how regulation works in Britain” after a major economic speech which saw her back a third runway at Heathrow. The Chancellor unveiled a suite of policies the Treasury said would “kickstart” economic growth, including an “action plan” intended to instil a pro-growth approach [...]
Heathrow: Sadiq Khan ‘remains opposed’ to third runway January 29, 2025 Sadiq Khan has confirmed he “remains opposed” to a third runway at Heathrow Airport, putting him on a collision course with Chancellor Rachel Reeves. The mayor of London responded to Reeves’ announcement of the government’s backing for the UK’s only hub airport to expand its facilities during her economic speech on Wednesday. Khan said: “I [...]
‘Deregulation is essential’: Starmer vows to slash red tape in bid for growth January 29, 2025 Keir Starmer vowed to deregulate Britain and cut through “thickets of red tape” today as he tried to reboot his government’s handling of the economy following months of anaemic growth and criticism from business. In an article for the Times, the Prime Minister wrote “deregulation is essential” and warned investors were shunning the UK due [...]
Rachel Reeves to unveil £65m investment in EV charging firm January 29, 2025 Chancellor Rachel Reeves will unveil a £65m investment into an electric car charging company as part of a much-anticipated growth speech on Wednesday. City AM understands the new National Wealth Fund (NWF) will take an equity stake in Connected Kerb alongside Aviva Investors, the global asset management branch of Aviva Group. The NWF will commit [...]
Cornwall hopes for tin mining revival as metals firm lands £56m injection January 29, 2025 After the belts whirred to a halt and workers left Cornwall’s last operating tin mine for a final time in March 1998, a question was painted on its outer wall: “Cornish lads are fishermen and Cornish lads are miners too. But when the fish and tin are gone, what are the Cornish boys to do?” [...]
Grow, baby, grow… but will Labour’s growth agenda be enough? January 29, 2025 City AM’s politics reporter, Jessica Frank-Keyes, unpacks the week in Westminster. Today, she tackles Labour’s growing promises. Picture a graph with the x axis stretching from 1800 to the present day. The data is represented as a fairly flat line along the bottom, up to about 1960. Then it bumps around at about a quarter [...]
Rachel Reeves vows to fight for economic growth January 28, 2025 The Chancellor will declare that “growth won’t come without a fight” as she unveils her plan to turnaround Britain’s ailing economy with billions of pounds of investment and new infrastructure projects. Reeves will pledge an £80bn boom to the economy from a new Oxford-Cambridge Growth Corridor in a move that comes after the pensions industry [...]
Immigration to lift population by 5m and boost the economy January 28, 2025 Based on current trends, the Office for National Statistics (ONS) suggests the population will hit 72.5m by mid-2032, over seven per cent higher than in 2022.
Prime Minister Keir Starmer claims the UK economy is ‘turning around’ January 28, 2025 Prime Minister Keir Starmer said the UK economy is “turning around” as the government attempts to turn the page on a bruising first six months in power. “The number one priority of this Labour government is growth: growth, growth, growth,” Starmer said in an interview with Bloomberg TV. “We have to get our economy working. [...]