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      FTSE 100 Live: Stocks to rise as Trump and Iran’s Strait of Hormuz tensions persist

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UK Government

  • No ‘numerical’ migration target but UK should train own workers, minister says

    December 1, 2024

    The UK won’t have a “numerical target” for net migration but should focus on training “our own workforce”, a cabinet minister has said. Pat McFadden has said the government wouldn’t be putting a figure on the level of net migration it wanted to see as part of the wider plan for change to be announced [...]

  • Starmer to unveil ‘mission’ milestones and compares Whitehall to ‘oil tanker’

    December 1, 2024

    The Prime Minister will set out a “plan for change” with milestones set in key policy areas, or ‘missions’ to achieve the targets laid out in Labour’s manifesto, Downing Street has said. Sir Keir Starmer will this week kick off what he called the “next phase” of his government, and announce the markers for achieving [...]

  • UK net migration hit record 906,000 peak before 20 per cent fall

    November 28, 2024

    Net migration in and out of the UK has dropped by 20 per cent to around 728,000 in the past year, official figures have shown, after hitting a record peak of 906,000. The level reached a higher than previously thought figure of 906,000 in the year to June 2023, according to fresh data from the [...]

  • Ministers are in denial over the Budget’s impact on jobs and growth

    November 28, 2024

    Well, that didn’t last long. Barely 48 hours after the Chancellor told the CBI conference that the tax-hiking Budget was definitely a one-off, Keir Starmer declined to echo her comments and instead left the door wide open to another round of tax increases and borrowing. We ought to have some sympathy; no Prime Minister can [...]

  • Stellantis closure: UK carmakers face ‘global’ challenges, Reynolds warns

    November 27, 2024

    UK carmakers are facing “global challenges”, Jonathan Reynolds has warned, in the wake of Vauxhall owner Stellantis announcing plans to close its Luton plant. The business secretary said issues in the industry amid the shift to electric vehicles weren’t limited to the firm and insisted ministers did “everything we possibly could” to avert closure. Dutch [...]

  • Starmer refuses to rule out further tax rises or more borrowing

    November 27, 2024

    Sir Keir Starmer has refused to rule out further tax rises or additional borrowing when challenged to repeat his Chancellor’s pledge not to “come back with more”. During Prime Minister’s Questions (PMQs) in the House of Commons on Wednesday, Conservative opposition leader Kemi Badenoch asked Starmer about Rachel Reeves’ words. She said: “At the Confederation [...]

  • Employers warn of workers’ rights reform and Budget double whammy

    November 26, 2024

    Businesses are concerned about the aggregate cost of changes to workers’ rights and the cumulative impact of Budget measures, MPs have been told. The committee of MPs scrutinising the Labour government’s employment rights legislation took evidence from business groups, industry representatives and trade unions on Tuesday. And they were warned the combination of reforms to [...]

  • Russia expels UK diplomat over spying claim

    November 26, 2024

    Russia has expelled a British diplomat and accused him of spying. The UK’s ambassador to Moscow has also been summoned by the Ministry of Foreign Affairs. The moves come amid escalating tensions between Moscow and western countries over Ukraine. The UK diplomat has had his accreditation revoked and must leave the country, news agency Tass [...]

  • MPs to vote on smoking ban bill and ‘harmful’ vape sales aimed at children

    November 26, 2024

    MPs are to vote on a landmark smoking bill which would raise the legal tobacco purchasing age and clamp down on “harmful” childhood vaping. Parliament will have its first debate on the measures in the proposed new law, followed by a vote in the House of Commons later today, in what’s known as the ‘second [...]

  • Unemployment hotspots to get more NHS funding under new back to work plan

    November 26, 2024

    Places with the highest levels of joblessness will get extra NHS support as the government bids to “get Britain working again”. Work and pensions secretary Liz Kendall will announce the plans today as part of wide-ranging reforms designed to tackle economic inactivity and deliver the government’s promise to bring more than two million people back [...]

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