UK inflation jumps to 5.4 per cent: Highest rate in almost 30 years January 19, 2022 The rate of Consumer Price Index inflation increased to 5.4 per cent in December from 5.1% in November, the Office for National Statistics has said. Grant Fitzner, chief economist at the Office for National Statistics (ONS), said: “The inflation rate rose again at the end of the year and has not been higher for almost [...]
Cancel the tax hike – inflation is biting into the recovery enough already January 18, 2022 ASK ANYBODY in and around Westminster what the ‘story of 2022’ will be and it’s hardly surprising that most point not to Downing Street parties or the pandemic but the cost of living. The Tories are acutely aware of the pain coming down the road – Labour keen to capitalise. Well, it’s already the story [...]
Labour calls on Treasury to do more to recover £5.8bn lost in Covid fraud January 18, 2022 Labour has called on the government to launch an investigation into how £5.8bn was stolen by fraudsters through Covid support schemes and for the Treasury do more to recover these funds. Shadow chief secretary the Treasury Pat McFadden told MPs that the government’s target of recovering a quarter of the stolen founds was tantamount to [...]
Sunak breaks cover to say ‘of course’ he believes PM in Downing Street parties saga January 18, 2022 Rishi Sunak has made a public appearance for the first time in a week to say “of course” he believes Boris Johnson’s claims that he thought lockdown-busting Downing Street parties were work events. Sunak said Johnson “has set out his understanding of this matter in parliament last week” and refused to say whether he unequivocally [...]
UK government announces crackdown on crypto advertising January 18, 2022 The government has announced plans to toughen up rules on crypto advertising amid concerns the public is at risk from misleading ads.
A lack of direction at the top has left Boris vulnerable to scandal January 14, 2022 Since being elected in 2019 on a new brand of Conservative politics, Johnson has completely failed to add meat to the bones of precisely what this means. Without a safety net of coherent politics, a checklist of achievements to wave at his many critics, Johnson is more in danger of being waylaid by scandals than [...]
Google feels lucky in London: Tech giant bets big on London office space in major boost for capital’s global status January 14, 2022 Google is set to pump almost three quarters of a billion into London in a major vote of confidence in the capital’s post-Brexit future. The tech giant has snapped up the entirety of the Central Saint Giles development in which it currently leases office space, marking a major step change in the firm’s commitment to [...]
Cabinet rallies around Boris Johnson in face of calls to resign January 13, 2022 Boris Johnson’s cabinet rallied around him today in a bid to put down a simmering rebellion in the Tory party that could cost the Prime Minister his job. A series of high-profile cabinet ministers went out to bat for the PM in broadcast interviews just 24 hours after Johnson faced a chorus of calls from [...]
Energy price crisis: What can the government do to protect the poorest households? January 13, 2022 City A.M. looks over some of Downing Street’s potential options to reduce the cost of energy bills for the UK's poorest households.
Sunak absent: PM is ‘dead man walking’ say Tory MPs as Conservative calls for Boris Johnson to step aside grow louder January 13, 2022 Calls within the Conservative Party for Prime Minister Boris Johnson to step aside are growing louder, as a number of senior Tories say he should go after Johnson apologised for attending a “bring your own booze” gathering in the garden of No 10 during England’s first lockdown. The Prime Minister insisted he believed it had [...]