Rachel Reeves: Macron is ‘eating UK’s lunch’ when it comes to global investment December 7, 2022 French President Emmanuel Macron is “eating the UK’s lunch” when it comes to attracting global investment, shadow chancellor Rachel Reeves has said. Reeves today told City A.M. that France was stealing investment away from British start-ups post-Brexit, with the shadow chancellor promising to help pension funds unleash billions of pounds of long-term capital into the [...]
Boris Johnson prepares for showdown with MPs over partygate fib claims as defence to be published March 20, 2023 Boris Johnson’s defence against claims he lied to Parliament over the partygate scandal could be published on Monday as he prepares for a showdown with MPs. The Privileges Committee is expected to publish the lengthy submission from Mr Johnson’s barrister Lord Pannick KC before the former prime minister gives evidence on Wednesday in a session [...]
Ex-minister says Kwarteng was right to sack Treasury’s top civil servant September 13, 2022 Kwasi Kwarteng was right to sack the Treasury’s top civil servant and his exit was a “cause for celebration”, according to a former Treasury minister. Former fraud minister Lord Theodore Agnew said the sacked Treasury permanent secretary Tom Scholar was the embodiment of “the malign influence of the Treasury orthodoxy”. Kwarteng has immediately tried to [...]
Pension giants back plans for £75bn private investment bonanza July 10, 2023 The country’s top pension and insurance giants have today thrown their weight behind a package of government reform that will aim to unleash a £75bn wave of capital into Britain’s private companies.
Would Labour’s plans for a British sovereign wealth fund work? May 28, 2024 While we don’t know the details of a Labour manifesto yet, we do have one solid commitment from them: a sovereign wealth fund. “The National Wealth Fund will be a crucial tool in our armoury towards bringing about growth,” shadow chancellor Rachel Reeves has said. Senior City figures have been calling for the establishment of [...]
TfL strikes £250m funding deal with government to become ‘financially sustainable’ December 18, 2023 TfL strikes deal with government for £250m funding after the network's future finances were left unclear in Autumn Statement
The Notebook: Kate Willard on how building connections is the key to business June 22, 2023 The notebook is a place where interesting people say interesting things. Today it’s Kate Willard, envoy for the Thames Estuary. The best partnerships are forged in person Ploughing through three feet of snow through downtown Detroit one bitterly cold February morning wasn’t perhaps the classic route to a new world of business opportunity. For one [...]
Sunak can sign a new deal with Rwanda but it won’t save the Tories at the election December 7, 2023 A week may be a long time in politics, but a year is a surprisingly short time to get things done, writes John Oxley
Labour boosts election war chest raising £7.5m from business charm offensive September 7, 2023 Labour has enjoyed a boost to its books from top business leaders as accounts revealed the party took almost £7.5m in donations during the second quarter of 2023. Sir Keir Starmer’s party accumulated £10,435,900.07 between April and June this year, according to figures released today by the Electoral Commission, which keeps track of political parties’ [...]
Fraud minister who resigned this week opens up: ‘I didn’t want to blow my top, but I was very angry’ January 29, 2022 The government minister who quit this week over the “schoolboy” handling of fraudulent Covid-19 business loans said of his resignation during a speech at the despatch box in the House of Lords: “I didn’t want to blow my top, but I was very angry.” Lord Agnew of Oulton, who was the Tories’ anti-fraud minister, says [...]