UK dodges recession but economy still poised to be below pre-Covid-19 size until end of 2024, BCC forecast March 9, 2023 The UK is poised to avoid a recession this year but suffer a slow burning economic slump that will leave GDP below its pre-pandemic level until the final months of next year, new forecasts out late last night claim. Stronger than expected household spending despite sky high inflation plaguing families’ finances will put the economy [...]
Jeremy Hunt readies placeholder budget that will let a lot of people down March 9, 2023 Jeremy Hunt is going to let a lot of people down at his budget next Wednesday. Businesses. Families. Even former Prime Ministers. The Chancellor is poised to resist calls to save a flatlining economy by staying the course set in his November autumn statement of balancing the books. Households want an extension of energy support [...]
The NHS is paying reparations for the care system’s broken funding model March 9, 2023 Many families are claiming back money owed to them because of the flaws in how care homes funding is organised. This way, the NHS ends up spending an awful amount of money, writes Elena Siniscalco
Investing in women’s health – and yes, the menopause – must be a daily promise March 9, 2023 Yesterday, City firms up and down the country celebrated international women’s day and lauded the women on their staff - but they need to invest in their health every day to see the rewards, writes Samantha Downes.
Let’s be honest, our economic plans for Britain should look a lot more like Poland’s March 9, 2023 If Keir Starmer is right and Poland surpasses our economy, we might want to emulate its policies. From the Poles, we should learn how to attract more foreign and domestic investment, writes Harrison Griffiths
Start-ups pile pressure on Hunt to reverse R&D tax overhaul March 8, 2023 Pressure is mounting on the Chancellor to scrap changes to research and development (R&D) tax credits in next week’s budget as over 150 start-ups and Britain’s biggest small business body launched a fresh offensive on the Treasury last night. In an open letter published last night, the group of start-ups wrote to Chancellor Jeremy Hunt [...]
Labour warns UK has only half the childcare places it needs, as party demands urgent reform to support working parents March 8, 2023 The UK has only half the childcare places it needs, Labour has warned, with one in five providers haveing closed in the last five years. Shadow education secretary Bridget Phillipson is set to lay out her party’s plans to reform the sector today and has vowed improvements will be her “first priority in government”. “The [...]
Engagement with fossil fuel companies better than divestment, say green finance chiefs March 8, 2023 Green finance chiefs agreed engagement with polluting companies was better than divesting as they faced MPs’ questions today on how the City of London was supporting the transition to net zero. Speaking to the Environmental Audit Committee, head of climate change at HSBC Tim Lord said “our strategy is absolutely around engagement”. “The objective here [...]
National Grid is the biggest roadblock to reviving onshore wind, argues Octopus March 8, 2023 The biggest challenge for onshore wind developments is the slow speed of connections on the grid, argued the boss of Octopus Renewables.
Lloyd’s of London chief: Why the City needs Monday to ‘come back’ March 8, 2023 Lloyd’s of London chief executive John Neal has said he wants to “get Monday back” in calling for brokers and underwriters to return to the office four days a week. The insurance chief said that while “Tuesdays, Wednesdays, and Thursdays are busy” he now wants Lloyd’s staff to work in the firm’s City building on [...]
