Hunt confirms full fat budget and OBR forecast on 15 March 2023 December 19, 2022 The government will deliver a full fat budget on 15 March next year, chancellor Jeremy Hunt confirmed today. The announcement will be accompanied by an assessment of the impact of the government’s tax and spending plans on the public finances by the Office for Budget Responsibility (OBR). Last month, Hunt delivered what was in effect [...]
Wayve: Nvidia and Microsoft back British self-driving startup in boost for UK’s AI goals May 7, 2024 Wayve has conducted trials on UK public roads since 2018 and has already partnered with delivery fleets from Asda and Ocado.
Post Office chairman steps down amid Horizon scandal fallout January 28, 2024 The chairman of the Post Office, Henry Staunton, has stepped down amid ongoing tensions in the wake of the Horizon IT scandal.
Former immigration minister Jenrick says Tories must win back ‘on strike’ voters May 8, 2024 The Conservatives need to win back voters who have gone “on strike” over the failure to tackle immigration and extremism, Robert Jenrick has said.
No confidence vote happening TODAY: Make-or-break Monday for Boris Johnson as PM faces Tory leadership test at 6pm June 6, 2022 More than 30 Tory MPs have publicly urged the Prime Minister to resign amid the fallout from revelations about Downing Street parties held during lockdown. As a result, a confidence vote in the Prime Minister will he held between 6pm and 8pm today as allies of Boris Johnson appeared braced for a test of his [...]
Current parliament will mark permanent shift to higher tax economy, says IFS September 29, 2023 The current parliament marks a "decisive and permanent shift" to a higher-tax economy, experts at the Institute for Fiscal Studies said.
Business groups cheer plans to speed up planning process for big infrastructure projects July 25, 2023 Top business groups have welcomed government plans to speed up the planning process for key infrastructure projects as a “major signal” on green growth. Ministers want to overhaul the system and create a new fast-track route for major schemes, such as offshore wind farms, transport connections, waste facilities and nuclear power stations. Prime minister Rishi [...]
Hunt rules out chunky tax cuts before the election as they’d ‘compromise’ inflation fight October 2, 2023 Chancellor Jeremy Hunt has argued that sizeable tax cuts this year would “compromise” the battle against inflation as colleagues piled on the pressure for a pre-election giveaway. The Cabinet minister said on Monday he and Rishi Sunak were prioritising the pledge to halve prices before carrying out tax cuts in any “substantial way”. As Tory [...]
Hunt says his ‘priority is backing British business’ as he hints at tax cuts November 19, 2023 Jeremy Hunt has hinted that the autumn statement may contain more tax cuts for businesses in a bid to fire up the UK’s economy.
Rishi Sunak’s former hedge fund sails past peers with £10bn returns January 22, 2024 Rishi Sunak’s former employer The Children’s Investment Fund has raked in the biggest returns of any hedge fund over the past year amid a wider rebound for the industry globally.