Government price tag for making tax digital has ballooned, report warns June 12, 2023 The credibility of the government’s plans to allow people to file their tax bills digitally has been undermined by repeated delays and a bill that has increased about sixfold, the National Audit Office (NAO) has said. The official auditors said that the final bill is currently expected to be £1.3bn, an increase of more than [...]
Asian investors head to London as ministers look to lure in tech cash June 12, 2023 Asian investors are set to descend on London this week as the government tries to lure foreign cash to the UK in a post-Brexit investment offensive.
If Ben Wallace takes the helm of NATO it could be a boost for Global Britain June 12, 2023 If Ben Wallace becomes the head of NATO, he’ll leave a big hole to fill at the Ministry of Defence. But it would be good for the UK’s international standing, writes Eliot Wilson
The success of London’s financial services can create equality of opportunity in the UK June 12, 2023 Our financial services spread opportunities throughout the UK. We have to build on their success to put our country at the forefront, and make it a good place where to live for everyone, writes Chris Hayward
UK car and battery producers set to miss out on benefits from new UK-US partnership June 11, 2023 UK carmakers and battery producers will miss out on benefits from the much-anticipated US-UK economic partnership announced on Thursday, according to analysis from trade experts reported by the Financial Times. Britain’s automotive and electric vehicle (EV) industry had been hoping that “Atlantic Declaration” deals would help address concerns in the sector surrounding the impact of [...]
Cabinet minister claims politics has ‘moved on’ from Boris Johnson June 11, 2023 Politics has “moved on” from the drama of Boris Johnson, a senior cabinet minister has claimed amid a row over the former prime minister’s resignation as an MP and honours list. Energy secretary Grant Shapps told Sky News’s Sophy Ridge on Sunday that while former London mayor Johnson possessed “many qualities”, No 10 was under [...]
London Stock Exchange executive hits back at Euronext after IPO barbs June 11, 2023 A London Stock Exchange executive has hit back at the chief of the pan-European stock exchange after the Euronext boss claimed that the UK’s markets had lost their lustre on the international stage. Stephane Boujnah, the boss of the seven European exchanges competing with London, had claimed in an interview with The Sunday Times that [...]
Why the UK should capitalise on its competitive advantage in crypto June 9, 2023 Neil Foster of Brown Rudnick details the massive opportunity for the whole crypto industry laid out at the UK's door waiting to be seized.
Sunak and Biden announce UK-US partnership on AI, minerals and Ukraine June 9, 2023 Joe Biden and Rishi Sunak announced their countries would partner on AI, clean energy and critical minerals.
Why I believe the Bank of England’s CBDC consultation amounts to a national scandal June 8, 2023 With some simple research, Susie Violet Ward lays bare the shocking inaccessibility of the Bank of England's CBDC consultation.