London takes global tech capital crown from New York May 25, 2023 London has been ranked as the world’s most high-tech city snatching the top spot from New York, according to new research shared exclusively with City A.M. The capital scored top marks for its world-leading financial services, deep talent pool as well as the quality of its business environment and international reputation, according to Z/Yen Group’s [...]
Why are the Conservatives still so unimaginative on immigration figures? May 25, 2023 The current immigration system has meant less foreign workers filling up low paid roles, and no special treatment for people from the EU. But it hasn't given us any sense of authority, writes Will Cooling
Europe capitalising on UK’s ‘tourism tax’ as retailers call for overhaul May 24, 2023 International tourists are spending more in Europe than in the UK as Britain’s retail sector continues to be hamstrung by the government’s decision to scrap VAT-free shopping, members of the House of Lords warned yesterday.
PMQs sketch: Keir Starmer, future fruit picker for Britain May 24, 2023 Keir Starmer's heart wasn't really in it as he faced Rishi Sunak and cracked his many pre-rehearsed jokes at Suella Braverman's expense.
Suella Braverman escapes ethics probe into speeding row May 24, 2023 Suella Braverman has escaped an ethics investigation over claims she asked civil servants whether they could arrange her a private speeding awareness course. Prime minister Rishi Sunak has confirmed no “further investigation” will take place into the row and said he was “reassured [Braverman] takes these matters seriously”. In a letter to the home secretary, [...]
Swelling debt interest bill fashions second highest April government borrowing on record at £25.6bn May 23, 2023 A near £10bn debt interest bill helped to push UK borrowing to the second highest monthly total for April since records began in 1993, official figures out today reveal. The government took on an additional £25.6bn of debt last month, above market expectations and up from £13.7bn in the same month last year, according to [...]
Dominic Raab to stand down as MP following bullying scandal May 23, 2023 Dominic Raab is set to stand down as an MP at the next general election in the wake of a bullying scandal which saw him quit Rishi Sunak’s government.
Crypto is getting safer for investors, but there is still work to be done May 22, 2023 Jason Tucker-Feltham believes the UK is fast-becoming an attractive home for the crypto industry, but there's a long way to go to reach perfection.
Analysis: Is it the end of the road for Suella Braverman? May 22, 2023 Suella Braverman asked officials if she could do a ‘private’ speeding awareness course after she was caught driving too fast.
Jeremy Hunt and Rishi Sunak’s profit tax rise to hit investment, survey finds May 22, 2023 Jeremy Hunt and Rishi Sunak’s corporation tax hike is poised to squeeze the UK economy by mothballing investment, new figures out today show. Nearly half of all mid-sized companies intend to shelve big spending projects due to the Chancellor and Prime Minister snatching a greater share of company profits, according to consultancy BDO. Last month, [...]