Labour calls for business rates relief in Hunt’s autumn statement November 10, 2022 Labour has called for Jeremy Hunt to provide tax relief for small businesses in his autumn fiscal statement as firms stare down rates hikes in April. Labour deputy leader Angela Rayner told City A.M. today that the chancellor “must” next week axe the planned inflation-linked increase to business rates, while calling for a complete tax [...]
National Grid urges ‘transparency’ as it commits £40bn to UK’s energy system November 10, 2022 National Grid has called for stability in the UK’s investment climate, so it can ramp up infrastructure and help the country transition to a greener future.
British Gas owner Centrica hands £250m to shareholders as profits surge November 10, 2022 British Gas owner Centrica will hand £250m to shareholders as high wholesale prices put the firm on course for massive profits.
Did you watch? Matt Hancock’s frosty jungle debut met with ridicule, disbelief and laughter November 10, 2022 Matt Hancock’s highly anticipated arrival in the jungle was met with a mixture of shock, incredulity and uncontrollable laughter from his fellow I’m A Celebrity… Get Me Out Of Here! campmates. The former health secretary, 44, joined the cast of the ITV reality show on Wednesday, after facing much criticism over his decision from the [...]
Sunak needs to learn to fight for his decisions – if not for Gavin Williamson November 10, 2022 Malcolm Tucker once reassured a hapless minister that their job was safe because it was too soon to fire them; “Sacked after 12 months – looks like you’ve f***ed up. Sacked after a week – looks like he’s f***ed up”. It’s apt that the behaviour of a man who seemed to yearn to star in [...]
As long as we talk in emotive terms like reparations, we make the climate political November 10, 2022 No matter if a delegate was wearing an Arabian thawb, an African dhuku or a Western business suit; all attendees I encountered at Cop27 in Sharm El-Sheik, Egypt were unanimous in recognising that action must be taken to stem the impact of climate change – and fast. It was clear from the very beginning of [...]
Ex-minister Harriett Baldwin elected as Treasury Committee chair November 9, 2022 Tory MP Harriett Baldwin has been elected as the new chair of the Treasury Select Committee, after prevailing in a cross-party ballot. Baldwin, a former Treasury and defence minister, defeated former cabinet ministers Andrea Leadsom and Kit Malthouse in the vote. Baldwin will begin the role immediately, after previous chair Mel Stride was recently appointed [...]
As Gavin Williamson clears his desk, attention shifts to judgement of brand new PM Rishi Sunak November 9, 2022 As senior Tory and former Education Secretary Sir Gavin Williamson has quit the Cabinet after just a fortnight in office, questions are raised about the judgement of the new prime minister, Rishi Sunak. Sunak will appear in the Commons to face MPs following the loss of his ally, who stood down after accepting that allegations [...]
Sunak’s flexibility has been curtailed by our undue reverence for the Bank of England November 9, 2022 The Bank of England has forecast a long recession, which could last two years. A statement treated, unquestioningly, as gospel despite the variety of failures at Threadneedle Street.
Sir Gavin Williamson resigns as minister after bullying allegations November 8, 2022 Sir Gavin Williamson has resigned as a government minister after a series of bullying allegations were lodged against him. In his resignation letter this evening, Williamson said he wished to clear him name of “any wrongdoing” and “refuted” how his “past conduct” had been characterised. He said the claims against him were “becoming a distraction [...]