Budget: Five changes to energy policy – and one that got away March 15, 2023 City A.M. looks at the five biggest developments in the energy sector announced in Hunt's budget - and the one that got away.
Budget 2023: Jeremy Hunt’s ‘growth’ plan may embrace childcare and over 50s but hike in corporation tax stays March 15, 2023 Chancellor Jeremy Hunt delivered what he claimed was a growth-focused budget centred on childcare reform, pensions and business investment, but the six per cent hike in corporation tax will remain. He unveiled what amounted to a universal childcare policy; abolished the lifetime allowance on tax-free pensions savings; and announced tax breaks for firms investing in [...]
Spring Budget 2023 – as it happened: Childcare costs, Brexit pub guarantee and plan for ’12 Canary Wharfs’ March 15, 2023 As Jeremy Hunt unveils his first full Spring Budget, we bring you all the latest news, opinion, analysis and reaction. Budget day – Live feed Support for parents with young children: Jeremy Hunt announced a series of reforms, starting “with the supply of childcare.” “We have seen a significant decline in childminders over recent years [...]
Harbour Energy proposes carbon capture scheme to meet UK energy goals March 15, 2023 A proposed carbon capture, storage and transport project in the Humber region could help the UK meet its net zero goals, predicts Harbour.
Everything we know about the Spring Budget 2023 so far March 15, 2023 Tomorrow, Chancellor Jeremy Hunt will stand on the steps of No11 Downing Street – holding the famous Budget 2023 red box. He’ll be the first Chancellor in the political turmoil of recent months to even hold on to the job long enough to reach this crucial point. The spring statement will lay out the government’s [...]
Budget exclusive: Hunt weighs up price floor on windfall tax over fears key North Sea project could collapse March 14, 2023 The government is weighing up plans to bring in a windfall tax price floor amid fears Equinor could pull out of a key oil and gas field.
Silicon Valley Bank: how has the US rescue differed from the UK… and is it a bailout? March 14, 2023 US regulators moved to insure customers' deposits and steady the sector after Silicon Valley Bank collapsed.
Banking sell-off slows in Europe after SVB collapse as US lenders set for recovery March 14, 2023 The banking sell-off eased in Europe today while US regional banks are poised to rebound as investors continue to digest the implications of Silicon Valley Bank’s collapse. Fears of contagion sparked a brutal sell-off in Europe yesterday with the European Stoxx bank index falling 6.7 per cent. But Europe’s lenders have had a calmer day [...]
Cheltenham Diary March 14, 2023 NEW ‘TRACK’ FOR 2023 FESTIVAL You’ve got the New Course and the Old Course, but there’s another track that everyone’s talking about at Prestbury Park this year. In conjunction with The Jockey Club, UK producer DJ Cuddles has remixed the famous Cheltenham Roar to create a dance anthem titled ‘Roar Remix’! Whether you wince, laugh [...]
The Grenfell fire destroyed a building but the local businesses have rebuilt March 14, 2023 Many businesses closed after the fire at Grenfell, others rebuilt right in the shadow of the tower, writes Elena Siniscalco