NatWest, Lloyds, HSBC, Barclays and Santander leaders meet Jeremy Hunt in ‘productive’ mortgage crisis talks June 23, 2023 Bank bosses held a “productive” meeting with Chancellor Jeremy Hunt as the rates increase worsens the mortgage crisis. Natwest chief executive Alison Rose, speaking to reporters as she left Downing Street, said lenders were “doing everything we can” and were “very keen” to help customers. Lloyds Banking Group boss Charlie Nunn described the meeting as [...]
British ISA plans thrown into doubt by Sunak’s election call May 24, 2024 A number of the government’s flagship City reform efforts including the roll-out of the British ISA and so-called Pisces private market have been thrown into doubt by Rishi Sunak’s gamble to hold an early election in July.
Bank of England to give UK GDP a ‘modest’ upgrade after Autumn Statement, analyst claims November 27, 2023 In last week's fiscal event, Chancellor Jeremy Hunt unveiled a fiscal loosening worth £18bn, the majority of which came from tax cuts.
Can AI help solve the UK’s public sector productivity puzzle? March 11, 2024 Jeremy Hunt wants to embed AI throughout the public sector to boost productivity - but experts suggest the policy could take a long time to deliver results.
British manufacturing sector gets £4.5bn shot in the arm from Jeremy Hunt November 17, 2023 Funding was announced by chancellor Jeremy Hunt this evening, ahead of the much-vaunted Autumn statement next Wednesday, which is likely to focus on productivity in the workforce.
Election 2024: Why Jeremy Hunt and Penny Mordaunt could lose their seats June 27, 2024 With the general election just a week away, some Tories - including Jeremy Hunt and Penny Mordaunt - may be struggling to get a good night’s sleep.
Spring Budget 2024: Hunt to extend Covid recovery loans by two years March 5, 2024 The government will reportedly extend a Covid recovery loan programme by two years in a boon to Britain’s small businesses.
Sunak delays Halloween fiscal statement until 17 November October 26, 2022 Prime Minister Rishi Sunak has delayed next week’s Halloween fiscal statement until 17 November on his first full day on the job. Chancellor Jeremy Hunt said it will now be a “full autumn statement”, instead of a truncated emergency plan to outline how the government will get debt falling. The announcement caused a sell-off of [...]
UK borrows more than expected ahead of Autumn Statement as tax cuts mooted November 21, 2023 The government borrowed more than expected in October, providing a “timely reminder” about the state of the UK’s fiscal position ahead of the Autumn Statement. According to figures from the Office for National Statistics, the government borrowed £14.9bn in October, £1.2bn more than had been pencilled in by the Office for Budget Responsibility (OBR). This [...]
Autumn Statement: Five things to look out for, from rabbits and taxes to pubs and cuts November 22, 2023 Chancellor Jeremy Hunt will today unveil the Autumn Statement. City A.M. has broken down our top five things to watch out for.