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  • Spring Budget 2024: Hunt doesn’t rule out May election after £10bn tax cut

    March 6, 2024

    Jeremy Hunt has announced the rate of National Insurance (NI) will be cut by two per cent in the Spring Budget as the government gears up for a rocky general election.

  • Spring Budget 2024: Why the OBR forecasts should be taken with a side of salt

    March 6, 2024

    These are just forecasts. They will be wrong. This isn't a criticism of the OBR. Forecasting the performance of a £3.3trn economy over five years is just quite hard.

  • Fidelity International to cut 1,000 jobs – but it’s unclear where the axe will fall

    March 6, 2024

    Fidelity International is set to cut around 1,000 jobs globally, roughly nine per cent of its total headcount, the company announced today.

  • Two former execs tied to Airbus unit acquitted of corruption – but one still faces jail

    March 6, 2024

    Two former executives charged in a high-profile Saudi bribery case have been acquitted of corruption at a London court today.

  • Spring Budget 2024: OBR upgrades UK growth forecasts on lower inflation and growing population

    March 6, 2024

    The OBR is markedly more optimistic than the Bank of England and has upgraded next year's prospects are better than expected

  • Spring Budget 2024: Is levelling up coming to Canary Wharf? Hunt injects £243m into new homes in banking district

    March 6, 2024

    Canary Wharf is set to receive a multi-million pound cash injection to build more homes in the capital’s banking district. 

  • Spring Budget 2024: Changes to ‘unfair’ child benefit withdrawal for £50,000-plus earners

    March 6, 2024

    Hunt said he will consult on moving the child benefit to a household-based system, which will be introduced by April 2026.

  • ‘First I’ve heard of it’: Is the government about to sack antisemitism adviser Lord Mann?

    March 6, 2024

    Speaking to City A.M., however, Lord John Mann said: "This is the first I have heard of it. My term in office runs until the end of July."

  • Capita shares crater 22 per cent as outsourcing giant swings to £107m loss

    March 6, 2024

    Capita's share price closed 22 per cent lower on Wednesday after the outsourcing giant reported a huge loss and announced that it would be ramping up its cost-cutting programme.

  • Breedon builds on bumper year with major acquisition in US

    March 6, 2024

    Breedon's chief executive said the "long-term structural deficits" in British housing and construction boded well for the business

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