The iron grip of Whitehall-think of keeping Britain’s productivity down March 10, 2023 Jeremy Hunt needs to keep the ship steady, but he’s also missing an obvious trick to allow Britain to build up it’s depleted productivity again, writes John Dickie
What do Aviva’s results mean for the insurer’s share price? March 9, 2023 British insurance giant Aviva today set out plans to buy back £300m worth of its own shares from investors, after posting what analysts and the firm itself described as “strong” results for 2022. Aviva’s announcement saw its share price jump by almost four per cent in trading this morning, before settling at a rate almost [...]
Explainer: Will bringing in more foreign workers fix our labour market? March 9, 2023 This week, the government unveiled its plan to effectively ban illegal immigration into the UK – raising eyebrows for the project’s feasibility in some corners, while others questioned its alignment with international law. In parallel, the government started working on loosening rules to bring in more foreign workers – starting from the construction sector. Our [...]
So you want to go to… Six Nations Super Saturday? Here’s how March 9, 2023 This time next week millions of Brits will be preparing to tune in to Super Saturday, the final round of Six Nations action involving three games back-to-back. This year’s finale sees Scotland host Italy before Wales travel to France, with Ireland’s match against England on St Patrick’s weekend closing the show. Here’s how to be [...]
FTSE 100 live: London takes fright as Powell testimony scares off blue chip investors March 9, 2023 London’s main index took another step back on Thursday as a second day of testimony in front of Washington lawmakers by Federal Reserve chair Jerome Powell largely stuck to the hawkish tone of the previous day. The FTSE 100 was last at 7,868.64, down 61.28 points or 0.77 per cent while the FTSE 250 which includes [...]
Jeremy Hunt readies placeholder budget that will let a lot of people down March 9, 2023 Jeremy Hunt is going to let a lot of people down at his budget next Wednesday. Businesses. Families. Even former Prime Ministers. The Chancellor is poised to resist calls to save a flatlining economy by staying the course set in his November autumn statement of balancing the books. Households want an extension of energy support [...]
UK dodges recession but economy still poised to be below pre-Covid-19 size until end of 2024, BCC forecast March 9, 2023 The UK is poised to avoid a recession this year but suffer a slow burning economic slump that will leave GDP below its pre-pandemic level until the final months of next year, new forecasts out late last night claim. Stronger than expected household spending despite sky high inflation plaguing families’ finances will put the economy [...]
Let’s be honest, our economic plans for Britain should look a lot more like Poland’s March 9, 2023 If Keir Starmer is right and Poland surpasses our economy, we might want to emulate its policies. From the Poles, we should learn how to attract more foreign and domestic investment, writes Harrison Griffiths
Labour warns UK has only half the childcare places it needs, as party demands urgent reform to support working parents March 8, 2023 The UK has only half the childcare places it needs, Labour has warned, with one in five providers haveing closed in the last five years. Shadow education secretary Bridget Phillipson is set to lay out her party’s plans to reform the sector today and has vowed improvements will be her “first priority in government”. “The [...]
Citizens Advice calls for better use of personal data to create social tariff March 8, 2023 The government should use Brits' personal data about income tax rates and energy usage to create a new social tariff, argues Citizens Advice.