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Murdoch executives ‘told Sunak not to resign’ after partygate fine September 16, 2023 Rishi Sunak was persuaded not to quit as chancellor over his fine for breaking lockdown laws after an intervention by media mogul Rupert Murdoch’s executives, it has been claimed. The claim is detailed in a new book by the Telegraph’s political editor and published by the newspaper on Friday. It is the latest report to [...]
UK will not follow Biden’s ‘subsidy bowl’ economic policy, Chancellor says September 16, 2023 The government’s £500m intervention into Britain’s biggest steelworks is not a sign that ministers are set to follow Joe Biden’s “subsidy bowl” economic policy, the Chancellor has said. Jeremy Hunt insisted that the financial backing for Tata, the Indian conglomerate owner of the Port Talbot steelworks in South Wales, came after “very credible commitments” were [...]
Failure to scrap nutrient neutrality rules a ‘national disgrace’, say housebuilders September 14, 2023 The government’s failure to scrap rules on so-called nutrient neutrality which have limited the construction of new homes are a “national disgrace”, a housebuilding body has said.
PMQs sketch: Starmer goes on the attack September 13, 2023 It would have been a tall order for Keir Starmer to mess up this week’s shouting match with the prime minister. Few politicos would have had an escaped terror suspect cycling around west London or an alleged Chinese spy in Parliament on their pre-conference bingo cards. And in fairness to the former chief prosecutor, he [...]
‘Recession may have begun’: UK economy craters 0.5 per cent in July September 13, 2023 Data from the Office for National Statistics (ONS) showed that the economy contracted 0.5 per cent in July. Economists had predicted a smaller fall of 0.2 per cent.
Government won’t create single insolvency regulator in its industry overhaul September 12, 2023 Insolvencies will not be regulated by a single body, after the government dropped plans to create a solo watchdog for the sector. Ministers had proposed setting up a single regulator of insolvency practitioners to run within the insolvency service – but have since reversed on the idea. The move comes as high street retailer Wilko [...]
Chancellor: India’s ‘Silicon Valley’ could revitalise London’s capital markets September 11, 2023 Indian firms are set to explore listing internationally on the UK’s London Stock Exchange, amid trade talks between the two nations.
Rishi Sunak now as unpopular as Boris Johnson, poll finds September 11, 2023 Rishi Sunak is now as unpopular as Boris Johnson when he left office, polling of the public has revealed. The Prime Minister has scored his lowest ever favourability rating with almost 70 per cent of Brits revealing that they don’t rate him – making his popularity levels as poor as those of his former boss [...]
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 [...]
Rishi Sunak dodges commitment to pensions ‘triple lock’ in Tory manifesto September 11, 2023 Rishi Sunak has dodged a commitment to include the pensions ‘triple lock’ in the next Tory election manifesto. The Prime Minister now risks a backlash from his own MPs who will worry about turning off older voters in the general election. It comes amid reports ministers could consider a cut to benefits ahead of voters [...]