Back to the ’80s? Rishi should borrow from the playbook May 18, 2022 An embattled Tory Prime Minister hunkered down in Westminster. A cost of living crisis becoming the defining issue of the political age. Unions plotting strike action. The similarities between 1982 and 2022 are eerie, and they don’t even stop there: it was that year that a promising England team headed off to a World Cup [...]
Green levies should be taken off energy bills to ease costs, says think tank May 18, 2022 Green levies should be scrapped from bills and shifted on to general taxation to reduce the burden on households, argues the CPS.
PMQs: Boris Johnson deflects on windfall tax as Starmer teases him on an ‘inevitable u-turn’ May 18, 2022 Boris Johnson has been accused of dithering on a windfall tax by Keir Starmer during Prime Minister’s Questions, as the leader of the opposition said he would do an ‘inevitable u-turn’ on the issue. The PM refused to be drawn on whether he supported the one-off tax, with Starmer highlighting Rishi Sunak’s comments to the [...]
Petrol prices spiral to record highs putting more pressure on motorists May 18, 2022 Diesel and petrol prices climbed to record highs yesterday, putting more pressure on squeezed motorists as the cost-of-living crisis deepens.
UK inflation hits 9 per cent: 40-year high as country wrestles cost of living crisis May 18, 2022 UK inflation has hit 9 per cent, a 40-year high, as the country wrestles with a cost-of-living crisis. Top economists have pegged inflationary headwinds to hit double figures by the end of the year, as food, energy and other household services and goods spiral in cost. Food products and metals have seen the largest leaps [...]
Starmer calls windfall tax ‘inevitable’ as Tories show signs of wobbling over the levy May 18, 2022 Internal government polling has found support for a windfall tax on the profits of energy firms is “wildly” popular..
Experts explore how leaders can foster a sense of personal belonging in an increasingly digital workforce May 18, 2022 Psychological safety is a critical driver of retention and performance. Karam Filfilan meets the experts to learn how leaders can foster a sense of personal belonging in an increasingly digital workplace Read May’s CA magazine now When employees feel valued, able to share ideas and challenge established thinking without fear of negative consequences, they become [...]
Liz Truss plays down calls for windfall tax May 18, 2022 Foreign secretary Liz Truss has played down calls for a windfall tax on energy firms, saying “we need to attract investment”, and a tax would be a deterrent. Speaking on Sky News this morning, she appeared to be at odds with calls made by the Chancellor Rishi Sunak yesterday, who said nothing was off the [...]
Andrew Bailey is putting the Bank’s independence at risk if he wavers on inflation May 18, 2022 Andrew Bailey’s ability to steer monetary policy through the inflation crisis will determine the Bank’s future strength
Sunak warns energy companies ‘no option is off the table’ amid calls for a windfall tax May 17, 2022 Domestic energy companies could still face a windfall tax this year, if they fail to invest in the UK's energy sector, warned Chancellor Rishi Sunak.