UK borrows more than expected ahead of Autumn Statement as tax cuts mooted November 21, 2023 The government borrowed more than expected in October, providing a “timely reminder” about the state of the UK’s fiscal position ahead of the Autumn Statement. According to figures from the Office for National Statistics, the government borrowed £14.9bn in October, £1.2bn more than had been pencilled in by the Office for Budget Responsibility (OBR). This [...]
No cuts to corporate tax or business rates, here’s what Jeremy Hunt won’t do in the Autumn Statement November 21, 2023 You've heard plenty about what Jeremy Hunt will say tomorrow, but we can learn as much about the government's priorities in what he won't say, writes Tim Sarson.
Sunak won’t get the UK growing without an industrial strategy November 21, 2023 If Britain had our industrial strategy, the boost for manufacturing and life sciences in the last 20 year period, this would have contributed an astonishing extra £484bn into the economy, writes Sharon Todd
Brace yourselves, the era of the ‘alternative budget’ has arrived November 20, 2023 It started when Liz Truss’s faction of 60 or so MPs, who go under the banner Conservative Growth Coalition, pre-announced – to drum up anticipation – and then two months later published their Budget for Growth.
What is going on with Ocado’s share price? November 20, 2023 Ocado has found itself in the spotlight for a host of reasons this year including a rumoured takeover from Amazon and a tiff with M&S.
Black Friday pain for Amazon as workers plan ‘largest day’ of strike action November 20, 2023 A trade union which represents Amazon workers has warned that this upcoming Black Friday will see the largest day of industrial disruption in the e-commerce giant’s history.
The Notebook: From the power of mentoring to the joy of a ‘dumb phone’ November 20, 2023 The notebook is a place for interesting people to say interesting things. Today, it’s the turn of Ed Johnson, CEO of mentoring platform Pushfar. Businesses have got to start giving employees time for mentoring When we ask any leadership team about whether they think that mentoring is valuable, they almost all say it is. In [...]
Hospitality sector sees ‘worrying’ year as pub insolvencies jump 66 per cent November 20, 2023 The number of pub and bar insolvencies in the last year rose from 438 to 725, a "worrying sign," some industry officials say.
Nationwide boss Debbie Crosbie rules out Natwest CEO job November 19, 2023 Nationwide's chief executive Debbie Crosbie has ruled out a move to Natwest as the troubled bank looks for a new boss.
One man, two guvnors: Why markets and MPs both have a say on Hunt’s Autumn Statement November 19, 2023 Whatever fiscal headroom Hunt is granted will be relatively small compared to recent chancellors