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UK Government

  • Spring Budget 2024: Jeremy Hunt expected to announce new tax on vaping

    February 27, 2024

    Jeremy Hunt is expected to announce a new tax on vaping products at next week’s Budget.

  • Budget: Hunt should prioritise cutting ‘damaging’ stamp duty rather than income tax, IFS says

    February 27, 2024

    Despite the government's parlous fiscal position, with debt at its highest level since the 1960s, Jeremy Hunt is all but certain to unveil tax cuts in the Budget next week.

  • Grocery inflation hits lowest level in two years, but non-food items keep rising

    February 27, 2024

    Shop price inflation or the rate at which these goods increase has slowed to 2.5 per cent in February, marking the lowest level recorded in close to two years.  British Retail Consortium’s (BRC) latest reading showed food inflation also slowed to 5.0 per cent this month, down from 6.1 per cent in January and is [...]

  • Why is public spending central to Jeremy Hunt’s spring Budget decisions?

    February 26, 2024

    Researchers warned funding for “crowd pleasing” tax cuts “rests in large part on major cuts to public spending pencilled in after the next election”.

  • Kemi Badenoch wants trade ‘barriers torn down’ at Abu Dhabi summit

    February 26, 2024

    Kemi Badenoch is promoting tariff-free trade at a global summit in Abu Dhabi in a bid to see “more barriers torn down”.

  • Encourage investment and tackle skills shortages in Spring Budget, businesses say

    February 26, 2024

    Chancellor Jeremy Hunt is unlikely to have significant scope for major tax cuts given the constrained fiscal position, but businesses are hoping Hunt will announce further measures to boost the economy.

  • Government backs SLAPPs bill to stop gagging of press amid warning it needs more work

    February 23, 2024

    The UK Government has backed a bill that will crack down on SLAPPs that will prevent wealthy or corrupt people from gagging journalists by using the legal system. Strategic Lawsuits Against Public Participation (SLAPPs) is a term given to defamation cases and legal threat that are generally brought against journalists and campaigners as a form [...]

  • ‘Not for EU’ food labelling plans already affecting investment in UK manufacturing

    February 23, 2024

    Plans to introduce ‘not for EU’ labelling on food products across the whole of the UK is already “having an impact on investment”, one expert has warned.

  • UK consumer confidence falls in February as technical recession is a bummer for Brits

    February 23, 2024

    UK consumer confidence fell two points in February as reports of a technical recession dampened hopes. 

  • Post Office row: Top civil servant denies telling Henry Staunton to delay payments

    February 22, 2024

    A senior civil servant has denied tellilng former Post Office chairman Henry Staunton to delay the Horizon IT compensation payments.

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