Business groups slam government’s ‘politics over economics’ migration plans December 5, 2023 Salary thresholds for skilled worker will be increased to £38,700, under new plans to cut the levels of legal migration into the UK, ministers have confirmed.
Rishi Sunak: My tax cuts are ‘clear dividing line’ with Labour December 4, 2023 The Prime Minister said the UK economy had “turned a corner” and that further tax cuts, following measures in last month’s Autumn Statement, were the “direction of travel”. Speaking to journalists en route to the COP28 climate summit in Dubai, Sunak was quizzed on the date of the next election, the contents of the Tory [...]
COP28: Rishi Sunak unveils ‘massive’ £11bn deal for UK’s Dogger Bank wind farm December 1, 2023 A “massive” deal has been struck between energy firms RWE and Masdar to invest up to £11bn in the UK’s Dogger Bank wind farm, Rishi Sunak has said.
COP28: Sunak says ‘crucial’ Rwanda scheme ‘will save us billions’ in long-term December 1, 2023 Rishi Sunak has said the Rwanda deportation plan is a “crucial” policy and “will literally save us billions in the long-run”.
COP28: What does the City think? December 1, 2023 City A.M. spoke to Square Mile decision-makers to check the temperature on what COP28 means to the City of London and the UK economy as a whole.
More than half of London’s bank branches have shut since 2015 December 1, 2023 The capital has seen 745 branches - or 58 per cent - close down in the past eight years, data from Which.co.uk revealed.
COP28: Net zero may need City to mobilise ‘trillions of pounds’, Rishi Sunak says December 1, 2023 Transitioning to net zero won’t happen “without mobilising hundreds of billions, if not trillions of pounds” of public and private investment, Rishi Sunak said on route to COP28.
COP28: Labour pledge to ‘make UK world’s green finance capital’ November 30, 2023 Labour would boost global investment by making Britain the green finance capital of the world, Sir Keir Starmer has said.
Alistair Darling dies aged 70: Heartfelt tributes paid to ‘one of the great chancellors’ November 30, 2023 Former Labour Chancellor Alistair Darling has died aged 70, his family have confirmed.
What is COP28 and why does it matter? November 29, 2023 The COP28 climate convention is unlikely to be far from the headlines over the next fortnight. City A.M. has broken down everything you need to know ahead of time.