Brits to be allowed to use housing benefits for a mortgage to buy their homes June 9, 2022 Allowing lower-paid workers to use housing benefits to buy their homes and an extension of the right to buy for housing association tenants should give Tory support a boost. Prime Minister Boris Johnson is expected to confirm his intentions in a major speech today as he seeks to repair his fortunes after a bruising Tory [...]
RAF launches strikes in Yemen in retaliation for Houthi Red Sea shipping attacks January 12, 2024 Yemen: The RAF, in concert with the Americans, have launched strikes on Houthi rebel facilities in an effort to bring to an end Red Sea shipping disruption
Where is Boris? No 10 eerily quiet as resignation calls grow over ‘bring your own booze’ party but Johnson ignores demands to come clean January 12, 2022 The Prime Minister is facing an increasingly hostile and outraged Conservative Party as he will meet with MPs today amid furious demands to come clean over his attendance at a reported “bring your own booze” party in the No 10 garden in breach of Covid lockdown rules. Boris Johnson will make his first public appearance [...]
Letters: Digging us out of a recession January 10, 2023 [Re: Recession in “full swing” as inflation puts small businesses in “critical” state, Jan 4] The British Chambers of Commerce research last week highlighted the impact of the current economic climate on the UK’s small businesses. Mastercard’s own research shows that small businesses need more support – not just financially, but with technology, skills and [...]
Is the UK about to tick one of its ‘Asia tilt’ boxes by joining CPTPP Indo-Pacific trade bloc this week? March 29, 2023 The UK is set to join the key CPTPP Indo-Pacific trade bloc later this week, according to reports. Negotiations have been ongoing to secure Britain’s entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) since early 2021. And sources have now said the UK’s entry into the pact is “agreed” and “confirmed”, according [...]
Retailers demand scrapping of ‘£2bn’ waste strategy policy amid fears it will increase consumer costs February 24, 2023 The UK’s largest retailers are urging the government to scrap its waste strategy policy, or risk forcing prices up for consumers who are already facing a cost of living crisis. A draft letter obtained by Sky News, which it is understood will be sent to government officials next week, outlines industry concerns about the costs [...]
Demand for political risk insurance growing amid ‘febrile’ geopolitical landscape October 23, 2023 The “febrile” state of geopolitics has led to an increased interest in political risk insurance, experts have said. International businesses, including mining, oil and gas, and renewables, which invest in projects abroad can purchase political risk insurance in a bid to secure schemes against changing foreign governments who may be more hostile to overseas investment. [...]
Kwarteng says ‘we must stay the course’ as he defends tax cuts October 2, 2022 Kwasi Kwarteng will tomorrow defend his tax cuts and declare “we must stay the course”, after the first day of Tory party conference was overshadowed by blue-on-blue attacks. The chancellor is expected to say he is committed to “fiscal responsibility”, after funding his tax cuts through more borrowing, in a bid to calm financial markets. [...]
Hunt and Sunak face £89bn fiscal hole without tax rises or spending cuts November 1, 2022 Without spending cuts or tax rises, prime minister Rishi Sunak and chancellor Jeremy Hunt will burn a £89bn hole in the public finances in a few years time, a new report out today reveals. A combination of former prime minister Liz Truss’s tax cuts in the shambolic 23 September mini-budget still lingering and a flatlining [...]
Labour poll lead narrows as key local elections approach April 13, 2023 Labour’s poll lead has narrowed to just 14 points up on the Conservatives – with just three weeks to go until voters cast their ballots in local elections. Pollsters at think tank More in Common (MiC) found the Conservatives were on 30 per cent with Labour on 44 per cent, the narrowest lead recorded by [...]