Week ahead: Bank of England speak to dominate agenda as investors look for clues on interest rate path February 26, 2023 Investors will be parsing over a string of speeches from top Bank of England rate setters this week for clues on whether the central bank is close to ending its aggressive campaign to tame inflation. Ben Broadbent, a deputy governor at the Bank, kicks off a busy week of central banker speech at Threadneedle Street’s [...]
Sunak faces criticism over plans for European Union chief to ‘meet the King’ February 25, 2023 The Prime Minister’s political judgement has been criticised after a meeting between the King and the leader of the European Union was cancelled. European Commission president Ursula von der Leyen had been expected to travel to Britain on Saturday amid speculation a deal to fix issues with the Northern Ireland Protocol is near. The German [...]
Sunak to press on with Brexit deal talks as EU leader’s visit cancelled February 25, 2023 The Prime Minister will keep working towards securing a post-Brexit deal after plans for an in-person meeting with the European Commission president was called off.
Priti Patel calls on Jeremy Hunt to stop planned corporation tax rise February 25, 2023 Former home secretary Priti Patel has urged the Chancellor to use his Budget next month to halt the planned corporation tax rise. The senior Conservative has argued that “now is not the time” for an increase in the tax on big business. In plans agreed while she served in Boris Johnson’s cabinet, corporation tax is [...]
FTSE 100 close: Blue chip index sinks back into the red as IAG falls and Cineworld slumps February 24, 2023 The FTSE 100 sunk back to close at 7,878.66 down 29.06 points or (0.37 per cent down, ending the week on another subdued note. The FTSE 250, also closed lower at 19,696.53 or 93.96 down, or 0.47 per cent. This week’s close marked a sharp contrast with the previous where the FTSE 100 breached the 8,000 [...]
The debacle over a Kensington cycle lane shows us how badly we need good infrastructure February 24, 2023 What a local war over a cycle lane on High Street Kensington told us about Britain’s infrastructure.
UK will have highest growth in G7 under Labour, Keir Starmer pledges February 23, 2023 The UK should become the highest growth economy in the G7, Labour leader Sir Keir Starmer has said, as he unveiled a package of national missions. Speaking in Manchester this morning, Sir Keir revealed a set of five ambitions for the country, with a general election expected to take place in the next 18 months. [...]
Partygate: High Court to hear challenge against Met over probe into Johnson’s lockdown party attendance February 22, 2023 The High Court will hear the first stage of a challenge against the Metropolitan Police over the force’s investigation into former prime minister Boris Johnson’s attendance at Number 10 parties during lockdown. Johnson received a fixed penalty notice (FPN) over a birthday party in the Cabinet Room in June 2020, but faced no further action [...]
UK risks falling behind US and EU in green energy race, warn MPs February 22, 2023 MPs are piling pressure on the government to compete with rival markets for green energy investment, such as the US and EU.
Britain’s out-of-touch police need an information system that wasn’t alive in the 1970s February 22, 2023 The police are doing the best they can - but it won't be enough as long as they're obliged to operate with an information system that's completely outdated, writes Rosie Beacon