UK housing model is ‘broken’, says Michael Gove April 3, 2023 The UK’s housing model is “broken”, housing secretary Michael Gove has said. The comments by the senior cabinet minister come in a foreword to a collection of essays by liberal conservative think tank Bright Blue. First reported by the Times newspaper, Mr Gove writes: “We desperately need more homes to bring ownership within reach of [...]
No plans to delay EU laws ‘bonfire’ deadline, says government April 1, 2023 The government has said that there are no plans to delay the deadline of the so-called “bonfire” of EU laws following reports that Rishi Sunak’s pledge, scheduled to be completed by the end of the year, was proving difficult. The Times reported on Saturday that Downing Street is considering a six-month extension to the Government’s [...]
With just ONE PER CENT of cases leading to charges, is Britain a ‘haven for fraudsters’? A top Westminster committee thinks so. March 31, 2023 Britain is a “haven” for fraudsters as less than 1 per cent of reported cases result in charges, a damning report into the Government’s handling of the growing problem has said. MPs on the Public Accounts Committee criticised the “slow progress” on tackling the estimated 3.8 million incidents of fraud and attempted frauds. They said [...]
Musk verification, laughing gas, webcam gaffes, ChatGPT and cyber crime pay: Here’s your week in tweets! March 31, 2023 The markets quietened this week, with European banking stocks recovering the losses they had posted in the week after Credit Suisse’s shotgun marriage with UBS. But the internet never sleeps and the news rumbles on, so City A.M. have sorted through cyberspace to bring you the best of what you might have missed. 1. Elon [...]
What is the CPTPP trade bloc, why has Britain joined it, and is it really about ‘post Brexit freedoms’? The jury’s out March 31, 2023 Britain has formally joined a major Indo-Pacific trade bloc as prime minister Rishi Sunak said it allowed the UK to take advantage of “post-Brexit freedoms”. But does it really allow the UK to become a global player once again? The jury is out. The PM hailed the UK accession to the Comprehensive and Progressive Agreement [...]
UK to join Indo-Pacific trade bloc CPTPP in major ‘milestone’ March 31, 2023 The UK is to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, in a major “milestone” for post-Brexit trade, the government has confirmed. Ministers announced the deal making the UK the first European nation to join the major Indo-Pacific free trade bloc, worth a total of £11 trillion GDP, after negotiating [...]
Britain joining the CPTPP trade bloc isn’t about economics, it’s about influence March 31, 2023 As with most things, it’s best to ignore the hype and the haters: joining the CPTPP is a good thing for the UK.
Sunak says ‘fantastic progress’ made in talks to join Indo-Pacific trade bloc March 30, 2023 Rishi Sunak said “fantastic progress” has been made in talks on joining an Indo-Pacific free trade bloc, amid expectations that the UK could be welcomed into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) imminently. The prime minister said it was “a great benefit of Brexit” for the UK to be able to sign [...]
Tory row erupts over response to US green subsidies after Hunt refuses to go ‘toe to toe’ with Biden March 30, 2023 Conservative MPs are divided over plans for the UK’s response to the US green subsidies scheme after the Chancellor said Britain would not go “toe to toe” with president Joe Biden. Net zero secretary Grant Shapps today unveiled proposals to ‘power up’ Britain with new energy security measures, in what was expected to be a [...]
Treasury hunts for a new cybersecurity boss – guess how little they are paying? March 30, 2023 Protecting the UK Treasury from a whole host of cyber threats sounds like quite an important role, and one that you might think warrants a decent salary in order to secure someone with the technical skill and professional track record who is able to take on the task. Well, not quite. Despite claiming the UK [...]