Number 10 policy chief quits over Johnson’s Savile slur about Keir Starmer February 3, 2022 Number 10’s policy chief has resigned over Boris Johnson’s repeated accusations that Sir Keir Starmer chose not to prosecute Jimmy Savile when he was the director of public prosecutions. Munira Mirza yesterday in a letter to the PM said there was “no fair or reasonable basis for that assertion” and that she could no longer [...]
Shell CEO dismisses calls for windfall tax to reduce household energy bills February 3, 2022 Shell's chief executive Ben van Beurden has pushed back against rising calls for a windfall levy to ease the burden on energy consumers.
Chancellor Rishi Sunak no longer rules out Tory leadership bid if Boris Johnson is forced out February 3, 2022 Chancellor Rishi Sunak refused to rule out a leadership bid if Boris Johnson is forced out as he acknowledged the Government needed to rebuild trust after the “partygate” disclosures. Despite deepening disquiet in the Tory ranks, Sunak insisted the prospect of a leadership contest remained a “hypothetical situation” and that the Prime Minister had his [...]
Sunak unveils £9bn package to slash £350 off energy bills this year February 3, 2022 The “vast majority” of households will get government help on their energy bills to the tune of £350 to partially offset soaring prices as a part of a £9bn package announced by Rishi Sunak today. The announcement comes as Ofgem today announced an increase in the energy price cap from April, which will mean the [...]
Bank of England hikes rates at successive meetings for first time since 2004 February 3, 2022 The Bank of England today flexed its inflation fighting muscles and hiked interest rates at successive meetings for the first time since 2004. A majority of the Bank’s committee of rate setters voted to lift rates 25 basis points to 0.5 per cent. The consecutive rate hikes mark a sharp policy shift from Threadneedle Street [...]
Household energy bills to rise 54 per cent to nearly £2,000 per year February 3, 2022 Household energy bills will rise to £,1971 per year from April 1, after Ofgem announced its latest update to the consumer price cap.
Rishi Sunak to offer council tax rebates and cuts to protect households from rising energy bills February 3, 2022 The Treasury is preparing a council tax rebate scheme as part of Chancellor Rishi Sunak's plans to ease the pressure on UK households this spring.
The rallying cry of levelling up has been cash-strapped and watered down February 3, 2022 People deserve to live in a country where life is not a postcode lottery, says Michael Gove in the foreword of the much awaited flagship plan for levelling up unveiled yesterday. This is one of those recycled truisms we hear again and again in politics. The same could be said for much of the white [...]
As Johnson and Starmer dance to the same tune, politics will look for an outsider February 3, 2022 THIS week, the Labour leader Sir Keir Starmer has invoked Margaret Thatcher in an effort to skewer Boris Johnson for ignoring Covid rules and attacked the Prime Minister for presiding over a policy of “low growth and high taxes”. It’s a strong position for Starmer to be in, as support for Johnson groans under the [...]
Scottish Widows lays out plans for net zero pension investments February 3, 2022 Pensions giant Scottish Widows has rolled out plans to decarbonise its investment portfolio and halve emissions by 2030.