IFS: Sunak’s pledged Income Tax cut smaller than his tax rises as chancellor August 1, 2022 Rishi Sunak’s newly unveiled promise to cut the basic rate of Income Tax from 20p to 16p by the end of the decade is smaller than the tax rises he made as chancellor, according to an influential economic think tank. The Institute for Fiscal Studies (IFS) today also said the tax plans of Sunak and [...]
Treasury prepares to unveil new UK rules for crypto industry March 29, 2022 The UK government is poised to reveal its regulatory plans for the crypto industry in the coming weeks with particular focus on stablecoins.
Brexit: Barclay denies UK wants ‘Swiss-style’ relationship with EU November 20, 2022 A senior cabinet minister has denied reports the UK wants a closer “Swiss-style” relationship with the EU post-Brexit. Health secretary Steve Barclay has said he doesn’t “recognise” the proposal and that chancellor Jeremy Hunt outlined “our determination to maximise post-Brexit opportunities in pro-growth areas” during his autumn statement on Thursday. The Sunday Times reported today [...]
Opinion-in-brief: A day in the life of Nadine Dorries Twitter January 31, 2022 Clearly, Nadine Dorries is jealous of Rishi Sunak’s social media stardom. The Culture Secretary, famed for telling a reporter she would nail his testicles to the wall, has decided to do what every jilted lover has considered doing, and posting passive aggressive, vaguely amusing jokes on twitter. After the discovery of the “pork pie plot” [...]
Sunak denies using £21bn support package to deflect from No 10 lockdown parties May 27, 2022 Chancellor Rishi Sunak has rejected the notion that the timing of handing out £21bn worth of cost-of-living support to deflect from the controversy over Downing Street lockdown parties. The Chancellor bowed to demands for the UK Government to step in and help households to deal with ballooning energy bills and rising shop prices, which are [...]
Union Unite calls on government to deliver ‘urgent’ support to aviation December 22, 2021 The union Unite has called on the UK Government to deliver ‘urgent’ support to the aviation industry following Whitehall’s £1bn package for the hospitality sector. Unite has urged Chancellor Rishi Sunak to help the industry weather the uncertainty caused by the Omicron variant, “so that it can rebuild sustainably and with resilience.” “Since this crisis [...]
Even on their favourite battlegrounds, the Conservatives have no new ideas August 31, 2023 The Conservatives have no new solutions or ideas for migration, crime, and pretty much everything else. They can't even turn old ideas into good policies, writes Will Cooling
Aston Martin share price soars after Chinese car giant Geely doubles stake to 17 per cent May 18, 2023 Aston Martin shares soared by more than 12 per cent this morning after Chinese automotive group Geely said it will increase its shareholding to 17 per cent with an investment of £234m. The investment will see Geely almost double its stake in the marque, becoming its third biggest shareholder, just behind Lawrence Stroll’s Yew Tree [...]
Sunak keeping quiet on Boris partygate report as he ‘would not want to influence anyone’ before crunch vote June 19, 2023 Rishi Sunak has refused to say whether he will approve the report that found Boris Johnson lied over partygate, saying he “would not want to influence anyone in advance of that vote”. Speaking to Good Morning Britain on ITV, the Prime Minister said: “This committee was established under the former Prime Minister. It commanded the [...]
Britain joining the CPTPP trade bloc isn’t about economics, it’s about influence March 31, 2023 As with most things, it’s best to ignore the hype and the haters: joining the CPTPP is a good thing for the UK.