PMQs Sketch: Rishi and all his (non) Doms April 26, 2023 If you were to traipse through Rishi Sunak’s nightmares for a night or two, it would be a series of Doms coming and going.
Bank of England interest rate hikes would squeeze Jeremy Hunt’s room for tax cuts by £8bn, City economist claims April 26, 2023 The Bank of England could squeeze Chancellor Jeremy Hunt’s room to cut taxes in the run up to the next general election if it keeps hiking interest rates to tame inflation, a City economist has calculated. Officials at Threadneedle Street would swell Britain’s debt interest bill by around £8bn if they send borrowing costs to [...]
King’s Coronation: Where to watch in London, from pubs to parks April 26, 2023 Break out the bunting – it’s time to decide how you’ll be celebrating the King’s Coronation. Here are some tips, from long lunches to the pub The Coronation is almost within touching distance, with just over a week until the biggest royal celebration since the Platinum Jubilee. If you haven’t nailed down your plans yet, [...]
Sunak arrived late to the business charm offensive and still can’t catch up April 26, 2023 Rishi Sunak spent Monday flirting with business leaders, but Keir Starmer and Rachel Reeves are still winning the battle to court corporates.
FTSE 100 close: London ends down ahead of Google and Microsoft results as Primark owner slumps April 25, 2023 London’s FTSE 100 was dragged lower today as investors fretted over the state of a batch of big tech results on Wall Street rolling in over the coming days. The capital’s premier index shed 0.27 per cent to drop to 7,891.13 points, while the domestically-focus mid-cap FTSE 250 index, which is more aligned with the [...]
Bank of England’s Huw Pill: Brits ‘need to accept’ they’re poorer April 25, 2023 Bank of England's chief wonk says Brits need to accept they're poorer - or risk stoking further price hikes
Drax shuts down coal operations, so will the UK have enough energy this winter? April 25, 2023 Drax has closed the curtain on its coal operations, putting the government under more pressure to secure supplies ahead of winter.
Tory heavyweights endorse former Boris Johnson adviser to run for London mayor April 25, 2023 A former Downing Street adviser to Boris Johnson has emerged as the Conservative front runner for London mayor next year after earning the backing of three party heavyweights. Energy secretary Grant Shapps and Northern Ireland Office minister Steve Baker, along with former home secretary Priti Patel, announced on Monday they were endorsing Samuel Kasumu to [...]
What’s ticking: All the latest watch news, from Geneva and beyond April 25, 2023 Aston Martin and Girard-Perregaux prove it ain’t easy being British-Racing green, Dr Rebecca Struthers makes a similarly convincing ‘case’ for British watchmaking, while George Bamford doubles down in W1K. A round-up of the coolest new watches. A brief biography of time Books on clocks and watches are usually authored by men of a certain age [...]
Not funding Sizewell C risks UK’s green ambitions, nuclear industry warns April 24, 2023 The nuclear industry has pushed the environmental benefits of Sizewell C amid reports the project is struggling to lure UK investors.