Maybe Sunak was right – we should change how we invest in poor rural areas August 15, 2023 The government's approach to investment focuses too much on poverty and not enough on opportunities. Rishi Sunak must find a way of making social mobility accessible, writes Adam Hawksbee
Boris Johnson referred to Treasury as ‘pro-death squad’, Covid inquiry told November 6, 2023 Central decision-making in government for much of 2020 was 'a bit of a Punch and Judy'
UK government launches £1bn Omicron rescue package for pubs, bars and restaurants December 21, 2021 Chancellor Rishi Sunak has launched a fresh £1bn rescue package to help sectors worst hit by the Omicron-induced economic storm survive. Pubs, bars and restaurants across England can now receive a one-off no strings attached payment of £6,000 per venue, the UK government announced today. Sunak said: “We recognise that the spread of the Omicron [...]
New lockdown measures are a balance between ‘protecting lives and livelihoods’ says government minister December 21, 2021 Cabinet minister Steve Barclay, told BBC Breakfast this morning, "there is a balance to be struck between protecting lives and livelihoods", after Boris Johnson refused from confirm any new measures yesterday evening, but said “we will rule nothing out”.
Government examining green levy lifeline for struggling energy firms October 3, 2021 Energy firms may be permitted to use green surcharges on household bills this winter, against a backdrop of surging gas prices. Ministers are reportedly looking at deferring payments due to regulator Ofgem for Renewable Obligations Certificates, according to The Telegraph. Energy consumers fund the renewable energy initiative through surcharges totalling around £6bn per year. Policymakers [...]
Sunak and Johnson strike deal to wean government off borrowing October 3, 2021 Prime minister Boris Johnson and chancellor Rishi Sunak have brokered a deal to wean the government off borrowing to finance spending. Any new spending announced at the upcoming budget and spending review must be financed by reductions in spending elsewhere or tax hikes, Johnson has reportedly agreed to. The news was first reported by The [...]
No cuts to corporate tax or business rates, here’s what Jeremy Hunt won’t do in the Autumn Statement November 21, 2023 You've heard plenty about what Jeremy Hunt will say tomorrow, but we can learn as much about the government's priorities in what he won't say, writes Tim Sarson.
Bank of England to cut interest rates in August before the Fed, economists predict April 28, 2024 The Bank of England is expected start cutting interest rates in August before the US Federal Reserve, a City A.M. poll of top economists has revealed, as inflation edges back down to the government's two per cent target.
Khan urges government to make mask wearing mandatory on public transport October 29, 2021 London mayor Sadiq Khan has urged the government to make mask wearing mandatory on public transport, as daily Covid-19 cases average at around 40,000. “The situation with Covid-19 in the capital is so finely balanced that it needs all of us to act together to protect ourselves, our loved ones, the things we enjoy and [...]
Government writes to thousands of Germans in the UK: ‘Please drive a lorry’ October 2, 2021 The government has sent out thousands of letters to German nationals based in the UK, urging them to consider a career as a lorry driver, even if they have never driven one before. The letters, signed by transport minister Baroness Vere, encourages people to “consider returning” to the HGV driving sector. It is understood Germans [...]