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      ‘Economically reckless’ – Streeting calls for wealth tax ‘that works’ in pitch for leadership

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UK Government

  • Recruiter SThree holds guidance despite ‘challenging’ market conditions

    September 24, 2024

    SThree, the recruiter specialising in STEM fields, reported a six per cent contraction in its quarterly order book, which sits at £167m.

  • Wealth creators are right to be nervous

    September 24, 2024

    The Chancellor insisted yesterday that the proceeds of economic growth must be “felt by the many,” in a line that echoed the commitment made by David Cameron 15 years ago to “share the proceeds of growth.” Rachel Reeves would not be comfortable with such a comparison, and as if to make that very point she [...]

  • UK industrial strategy not just ‘smoking chimney stacks’, trade expert says

    September 23, 2024

    The UK’s industrial strategy is not just “smoking chimney stacks”, trade expert Marco Forgione has said.

  • City analysts ask Rachel Reeves ‘where will the tax axe fall?’

    September 23, 2024

    City analysts have called on Rachel Reeves to clarify where the “axe will fall” ahead of a Budget widely expected to see taxes hiked. The Chancellor delivered her keynote speech at the Labour Party conference in Liverpool on Monday where she struck a more optimistic economic tone, promising that October 30 would see a “Budget [...]

  • Labour conference: Reeves and Reynolds to unveil industrial strategy following ‘Budget for investment’

    September 23, 2024

    Rachel Reeves has announced the government will unveil its long-promised industrial strategy next month, as she vowed to deliver a “Budget for investment”. The Chancellor took an upbeat tone as she stressed that her “optimism for Britain burns brighter than ever”. Ahead of the October 30 Budget, she argued: “Growth is the challenge, and investment [...]

  • Labour conference: Reeves challenged over consumer ‘fear and foreboding’

    September 23, 2024

    Rachel Reeves has been challenged over claims the government has “generated a fear and foreboding” among consumers – but insisted she was “optimistic” about the economy. Ahead of her keynote speech to the Labour Party conference in Liverpool today, the Chancellor was challenged on Sky News over last week’s fall in consumer confidence to the [...]

  • AI companies are racing to rescue the NHS

    September 23, 2024

    An official review by Lord Darzi revealed recently that the NHS is in “critical condition” following years of underfunding. The review found that the NHS is battling soaring demand, poor productivity, financial pressures and low staff morale. “It’s not just the state of our National Health Service in crisis – it’s also the state of [...]

  • The UK economy is suffering from long Covid and a short memory

    September 23, 2024

    We may have ditched the testing swabs and face masks, but the impact of the Covid-19 pandemic is still being felt. Quite understandably, we’d rather consign that era to history, but the scale of the costs incurred makes that impossible. The official inquiry is attempting to get to grips with questions of preparedness, decision making [...]

  • Donations a ‘feature of our politics’, Angela Rayner tells BBC amid gifts row

    September 22, 2024

    Donations to MPs are “a feature of our politics”, Angela Rayner has insisted amid a row over Labour politicians accepting gifts and freebies. Prime Minister Sir Keir Starmer had come in for criticism in the past week over accepting more than £100,000-worth of gifts, including tickets to football matches, concerts and luxury clothes. But he, [...]

  • Rolls Royce closes in on European nuclear reactor deals as UK process delayed

    September 22, 2024

    Rolls Royce is closing in on two deals to build miniaturised nuclear power plants in Sweden and the Netherlands after a successful deal with the Czech Republic announced last week. Rolls-Royce boss Tufan Erginbilgic had warned that the firm would start building small modular reactors (SMRs) in Europe should UK ministers fail to speed up [...]

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