Spending review live: Sunak pledges cash for city centres and transport but aid and public sector pay cut November 25, 2020 Spending review live: Sunak pledges cash for city centres and transport but aid and public sector pay cut
Tories call for Sadiq Khan to scrap rent control push after policy ‘failed’ in Berlin November 25, 2020 City Hall’s Conservatives are calling for Sadiq Khan to drop his rent control policy, after new analysis this week showed similar measures depleted Berlin’s supply of new flats. The new study showed the supply of rental apartments fell by 41 per cent while demand soared by 172 per cent within a year of Berlin’s rent [...]
Spending review: Rishi Sunak to spend extra £4.3bn on unemployment programmes November 24, 2020 Rishi Sunak will unveil a new £2.9bn unemployment scheme and £1.4bn in extra funding for Job Centre Plus at tomorrow’s comprehensive spending review. A statement from the Treasury said Sunak’s three-year Restart scheme will help 1m people find work, with those unemployed for more than 12 months to get “regular, intensive jobs support”. In 2021-2022 [...]
Retirees to be hit by inflation change in Rishi Sunak spending review November 24, 2020 Rishi Sunak is set to cost investors £100bn by announcing a change to how pensions are calculated in tomorrow’s comprehensive spending review. The Telegraph reports that Sunak is considering linking pension rises to CPI instead of the retail price index, which would mean smaller yearly increases. The change would mean that 10m retirees will receive [...]
Bank of England investigating leak of QE extension decision November 23, 2020 The Bank of England believes there was a leak of its decision to increase its bond-buying program by £150bn ($200bn) earlier this month. Bank of England governor Andrew Bailey told Westminster’s Treasury Select Committee that the central bank was now investigating how the decision was leaked to The Sun. “What we have to assume is [...]
BoE governor Andrew Bailey: No-deal Brexit worse for UK economy than Covid November 23, 2020 A no-deal Brexit would leave worse long-term economic scarring than the coronavirus, according to Bank of England governor Andrew Bailey.
Labour’s Anneliese Dodds says Brexit deal looks ‘thin as gruel’ November 23, 2020 Shadow chancellor Anneliese Dodds has said any Brexit trade deal looks like it will be "thin as gruel" as negotiations start again online today.
Boris Johnson tells officials there is ‘no place for bullying’ in government November 23, 2020 Boris Johnson has told officials today that there is “no place for bullying” in government in a bid to calm tensions after a report found Priti Patel had bullied civil servants. Johnson wrote to cabinet ministers and top civil servants today to say ministers had a “duty” to stop bullying, while also stressing the importance [...]
UK considers removing British judges from Hong Kong high court November 23, 2020 Foreign secretary Dominic Raab is considering plans to remove British judges from Hong Kong’s high court in response to the region’s freedom of speech clampdown. Raab wrote in a new Foreign Office report that he and justice secretary Robert Buckland were reviewing “whether it continues to be appropriate for British judges to sit as non-permanent judges [...]
Tory mayoral candidate pledges to build 100,000 homes for young Londoners November 22, 2020 Young Londoners will be able to buy new homes for £100,000 in the capital with a deposit of just £5,000 if Tory mayor candidate Shaun Bailey is elected next year. Bailey will announce tomorrow that if victorious in the May poll that he will build 100,000 “Millennial homes” that can only be bought by young [...]
