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      Stamp out pension tax speculation or risk another cash grab, industry warns Healey

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  • Transform Your Finances With These 8 Habits [2024]

    January 13, 2025

    It’s 2024, and the financial landscape is becoming ever more volatile, leaving many wondering how to navigate the turbulence and come out unscathed. With rising inflation, unpredictable markets, and a wealth of new financial innovations, having your finances in order has never been more important.  But for many people, addressing these challenges can be overwhelming, [...]

  • Starmer ‘will listen’ to Tulip Siddiq inquiry findings, minister says

    January 12, 2025

    The Prime Minister will act on the findings of an independent investigation into Treasury minister Tulip Siddiq, a Cabinet minister has said. Science Secretary Peter Kyle said Siddiq has “done exactly the right thing” in referring herself to the Parliamentary watchdog over allegations about properties linked to her aunt’s political movement in Bangladesh. Following reports [...]

  • Chinese investment of £600m in UK ‘a start’, says Cabinet minister

    January 12, 2025

    China committing to putting £600m in the UK is “a start” and “will lead to future investment”, a Cabinet minister has said. Science Secretary Peter Kyle said the Chancellor has returned with “solid commitments for investment” as the Government commits to “rebuilding the relationship with China”. Rachel Reeves has been criticised by the Conservatives and [...]

  • Reeves vows ‘action’ to meet fiscal rules amid rise in borrowing costs

    January 11, 2025

    Rachel Reeves has said she will “take action” to meet her fiscal rules following turbulence on the gilt markets. Increases in the Government’s borrowing costs have sparked concern that the Chancellor will be unable to meet her debt and spending targets, requiring either tax rises or deeper spending cuts when she delivers a fiscal statement [...]

  • Rachel Reeves says fiscal rules ‘non-negotiable’ during bid to boost ties with China

    January 11, 2025

    Rachel Reeves vowed to stand by her “non-negotiable” fiscal rules, as her mission to China was overshadowed by further turbulence in the gilt markets. Visiting bicycle-maker Brompton’s flagship Beijing store on Saturday, the Chancellor declined to give a running commentary on the financial markets in the UK, but said the rules she set for herself [...]

  • Rachel Reeves to raise Ukraine and Hong Kong human rights on China trip

    January 11, 2025

    Rachel Reeves is expected to raise Russia’s war in Ukraine and issues of human rights in Hong Kong during her trip to China. The Chancellor is visiting Beijing for the first UK-China economic and financial dialogue since 2019, with Bank of England Governor Andrew Bailey and top financial services figures. Ministers are insisting the trip [...]

  • The runners and riders to replace under-fire City minister Tulip Siddiq

    January 10, 2025

    Downing Street is reportedly weighing up a number of potential candidates to replace Tulip Siddiq as her position as City minister comes under increasing pressure. Siddiq, the niece of ousted Bangladeshi leader Sheikh Hasina, has been in the headlines since last month when she was named in an investigation into whether her Bangladeshi family embezzled [...]

  • MOD urged to learn from Ukraine’s war with Russia and ’embrace AI’

    January 10, 2025

    The ministry of defence (MOD) has been urged to swiftly adapt to artificial intelligence (AI)’s potential in defence to avoid falling behind its global adversaries. According to the Defence Committee’s recent report, the MOD should learn from Ukraine’s use of AI on the battlefield, embracing it as a core part of its operations and strive [...]

  • ‘Trump is right’: Lammy says defence spending must rise

    January 9, 2025

    With Russia on the march and the end of post-Cold War peace, David Lammy has argued that Europe’s defence spending must rise. The foreign secretary said for the UK to be “taken seriously… we must put our money where our mouth is” in his first major speech of 2025. Lammy told an audience of diplomats [...]

  • Gloucester Rugby forced to pull Russia flag from player shirt

    January 8, 2025

    Gloucester Rugby has been forced to remove a Russian flag from the shirt of one of their players after a complaint from a fan. The Cherry and Whites have operated a policy, since 2015, of rewarding their international stars with the flag of their Test nation on their club shirt. But Gloucester were forced to [...]

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