Scrapping HS2 risks wrecking future UK infrastructure, top Tories warn Sunak September 25, 2023 The government risks wrecking the UK’s future infrastructure projects if it goes ahead with “in effect scrapping” the HS2 railway line. Former Chancellor George Osborne and Tory grandee Lord Heseltine have warned Rishi Sunak that failing to complete HS2 would be “an act of huge economic self-harm”. It follows widespread reports the government is considering [...]
Labour pledge to overhaul audit and corporate governance regime September 25, 2023 The Labour Party has said it will pass long-awaited legislation on audit and corporate governance reforms if it wins the next general election.
Long-term sickness prevents 2.5m people from working, report suggests September 25, 2023 Women, young men and people unable to work from home are more likely to suffer from long-term sickness which prevents them from working, according to a new report. One in 16 working-aged people in the UK – or around 2.5m – are “economically inactive” due to long-term sickness, the Society of Occupational Medicine (SOM) said. [...]
Tory MPs split over timing of reported plans to slash inheritance tax September 24, 2023 Conservative MPs are split over the timing of reported plans to slash inheritance tax rates, with some warning the move risks fuelling perceptions of intergenerational unfairness. Rishi Sunak is reportedly preparing to announce a cut to inheritance tax, before abolishing it entirely, according to the Sunday Times. It comes as Sunak is said to be [...]
Government would be ‘crazy’ not to reconsider HS2 costs, minister says September 24, 2023 The government would be “crazy” not to reconsider the costs of the HS2 rail project, Grant Shapps has told the BBC. Shapps said Rishi Sunak was prepared to take “difficult long-term decisions” amid reports the Prime Minister is set to axe the northern leg of HS2. The defence secretary told the BBC’s Sunday with Laura [...]
Lettuce remember: One year on from Liz Truss’ disastrous mini-budget September 22, 2023 One year on from the mini-budget, City A.M. takes a look at the fallout and asks whether Truss still has the ability to influence the Conservative Party going forward.
Brits split over Sunak’s net zero delays, poll reveals September 21, 2023 The British public is divided over Rishi Sunak’s decision to delay some of the UK's net zero plans, fresh polling by YouGov has revealed.
Net Zero: Labour pledge to reinstate 2030 ban on new petrol and diesel vehicles September 21, 2023 The Labour Party has pledged it would reinstate the ban on the sale of new petrol and diesel cars from 2030 if elected into government.
Net Zero: Why scrapping a meat tax, bin rules and car sharing isn’t all it seems September 20, 2023 Prime Minister Rishi Sunak ditched several green policies today - but it looks like some of them never even existed in the first place.
Net Zero U-turn: Sunak confirms delay to petrol and diesel car ban until 2035 September 20, 2023 Rishi Sunak has confirmed the rolling back of green pledges including the delay to the petrol and diesel car sales ban until 2035 as he faces down industry backlash and Tory divisions. Speaking in Downing Street this afternoon, the Prime Minister outlined what he said was a “pragmatic, proportionate and realistic” strategy for the UK [...]