Heathrow chief: Scrapping London tourist tax is ‘critical for the UK’ February 21, 2024 Retail businesses and a host of airports have since pleaded for the government to reinstate the tax break, with wealthy international shoppers choosing to splash their cash elsewhere.
Political squabbling about the ‘R’ word does nothing for struggling Brits February 19, 2024 As politicians shadowbox on the economy, the real impacts of the recession are not being engaged with, writes Eliot Wilson.
Starmer paid more than £99,000 in tax, latest return shows February 17, 2024 Sir Keir Starmer paid £99,431 in tax last year, according to a summary released by Labour, after making £275,000 in capital gains.
‘Come together’ Sunak tells Conservatives after by-election blows February 17, 2024 Rishi Sunak has called on British conservatives to “come together” after a bruising set of by-election defeats in Wellingborough and Kingswood.
Lockdown backers to blame for UK recession, suggests minister February 17, 2024 The government’s “minister for common sense” appeared to blame “everybody who voted for lockdown” for the UK economy’s dip into recession.
A battle is brewing in No10 over AI regulation February 16, 2024 An increasing number of MPs are getting frustrated over the government dragging its heels on regulating AI - a technology it has identified as a potential “existential threat”.
Moving markets today: What’s shaping the FTSE 100 this morning February 16, 2024 The S&P 500 hit a record high despite big tech losses, while the Nikkei reached new heights and oil remained stable. Investors awaited the release of UK retail sales and US PPI data.
Why a recession does matter – and not just for Rishi Sunak’s career February 15, 2024 After months of debating whether the UK would fall into a recession, we finally have an answer. There's now a new debate: does it matter.
Jeremy Hunt and Rishi Sunak’s uphill task just got a bit steeper February 15, 2024 Rates will come down - probably in May, maybe in June - but they will take time to filter through to the wider economy. With an election looming, can the Tories expect anything to turn up?
By-elections are circuses of democracy, it’s time to give them up February 15, 2024 By-elections may capture the national imagination, but they often do more harm than good, writes Will Cooling.