The Notebook: If Reeves wants the City onside, she must be clear on her vision July 31, 2024 Where the City’s movers and shakers have their say. Today, it’s Lucy McNulty, editor of the Following the Rules podcast, with the pen, talking Treasury-City relations, buy now, pay later, and her pick of the podcasts The City needs a clear vision The decision by Chancellor Rachel Reeves to create a Treasury unit focused on [...]
Higher windfall taxes will be the death of investment in the North Sea July 31, 2024 Introducing Norway-level taxes without the accompanying investment incentives proves Labour’s energy policy is driven by ideology – not security, says Andy Mayer The day before the new Labour Chancellor Rachel Reeves sounded the death knell for Britain’s North Sea oil industry and put up to 200,000 workers on notice the ‘I’ newspaper led with the headline “Starfish and other seabed species [...]
Labour will drive away wealth creators July 31, 2024 Labour have talked a good game on growth, but all their early actions seem precision calculated to deter investors, says James Price I’m not sure if Rachel Reeves is a fan of musical theatre, but going into her economic statement on Monday, she would have done well to heed the words of George Washington in [...]
The real ‘black hole’ in the public finances is the debt July 31, 2024 The Chancellor is right, the public deserve to know just how bad the economy is – so she should be honest about the millions of pounds a day that are added to the national debt, says John O’Connell Reeves’ tone was one of righteous fury on Monday as she bellowed at the opposite benches for [...]
Rayner must defy her own backbenchers and build, baby, build July 31, 2024 Angela Rayner has clearly been reading City A.M.. In a statement to the House of Commons yesterday the housing secretary outlined plans to build 370,000 homes a year, in a clear victory for our Build, Baby, Build campaign. The challenge now is to realise that ambition in bricks and mortar. It is encouraging, then, that [...]
EP: 288 Glorious Goodwood – Thursday July 30, 2024 The fillies take centre stage on Thursday at Glorious Goodwood in the Group One mile and a quarter Nassau Stakes at 3.35, accompanied by both the Richmond and Gordon Stakes on the third day of this year’s festival. City AM Racing editor Bill Esdaile previews today’s racing, once again looking at betting options in the World [...]
Airbus earnings plunge as space unit hit by £833m charge July 30, 2024 The French manufacturer said its embattled space unit had received "significant" charges of €989m, higher than previously forecast last month.
Speech looks a Notable one in the Sussex July 30, 2024 WEDNESDAY’s feature, the Group One Sussex Stakes (3.35pm) is a race that has gone to the favourite on six of the last 10 years, and four of those have been sent off odds-on. That might well have been the case again this year had ante-post favourite Rosallion not been ruled out yesterday due to a [...]
Haynes’ improving Kuwaitya could be cause for Jubilation July 30, 2024 WHILE the Sussex Stakes undoubtedly takes centre-stage on Wednesday at Goodwood, there are also other betting opportunities to be had on the card. The Alice Keppel Stakes (4.45pm) for juvenile fillies features the speedy Coto De Caza, and after her five-length Beverley romp last time out, she’s certain to be very well fancied. However, her [...]
Move to cut London’s housebuilding target raises eyebrows July 30, 2024 Angela Rayner’s decision to cut London’s housing target has raised some eyebrows given the severe housing crisis facing Londoners. In a speech in the House of Commons this afternoon, the deputy Prime Minister confirmed that mandatory housing targets would be reinstated for local authorities among a swathe of other planning changes. But the new target [...]