UK borrows more than expected ahead of Autumn Statement as tax cuts mooted November 21, 2023 The government borrowed more than expected in October, providing a “timely reminder” about the state of the UK’s fiscal position ahead of the Autumn Statement. According to figures from the Office for National Statistics, the government borrowed £14.9bn in October, £1.2bn more than had been pencilled in by the Office for Budget Responsibility (OBR). This [...]
Scrap ‘punitive’ stamp duty and shake-up ISAs: What the City wants from the autumn statement November 21, 2023 The City’s eyes will be trained on the Chancellor on Wednesday as he prepares to lay out the government’s spending plans in the autumn statement.
UK and South Korea to sign new agreement during state visit November 21, 2023 The UK and South Korea are set to sign a new long-term agreement covering defence and technology co-operation as President Yoon Suk Yeol arrives for a three-day state visit.
Sunak won’t get the UK growing without an industrial strategy November 21, 2023 If Britain had our industrial strategy, the boost for manufacturing and life sciences in the last 20 year period, this would have contributed an astonishing extra £484bn into the economy, writes Sharon Todd
Keir Starmer makes his play for the ‘powerhouse’ City of London November 20, 2023 Keir Starmer, in his most pro-City and pro-business intervention yet, has promised to work with City chiefs in an exclusive interview
Brace yourselves, the era of the ‘alternative budget’ has arrived November 20, 2023 It started when Liz Truss’s faction of 60 or so MPs, who go under the banner Conservative Growth Coalition, pre-announced – to drum up anticipation – and then two months later published their Budget for Growth.
David Cameron takes seat in House of Lords after ex-PM made foreign secretary November 20, 2023 Foreign Secretary David Cameron has taken his seat in the House of Lords after his official introduction ceremony. The former prime minister will now be known as Lord Cameron of Chipping Norton, reflecting his long-held ties to the Cotswolds town in his former constituency, Witney. It was announced last week that he had been elevated [...]
Sunak pledges to cut taxes and make Britain the best place for business November 20, 2023 Rishi Sunak has pledged to cut taxes and make Britain “the best country in the world to do business” ahead of this week’s autumn statement.
Sunak’s belief in the Rwanda scheme is based on magical thinking November 20, 2023 Rwanda has always been an ill-conceived policy with little evidence, but Rishi Sunak is willing to bet everything on it, writes Eliot Wilson
Homes close to new pylons to be offered £1,000 off bills a year November 19, 2023 Households closest to new pylons and electricity substations could receive up to £1,000 a year off their bills under plans being announced by Jeremy Hunt.