Opinion-in-brief: A divided cabinet shows there is no quick energy fix March 28, 2022 Boris Johnson’s calls to ramp up wind and nuclear power reflect his desperation to shore up the security of the country’s energy supplies and his enthusiasm for the net zero agenda, but they also defy the deepening splits within his own cabinet. Downing Street and the Treasury are at loggerheads over the Prime Minister’s push [...]
Chancellor Rishi Sunak bows to industry pressure on IR35 changes February 24, 2020 Chancellor Rishi Sunak has bowed to industry pressure over IR35 tax changes by promising enforcement will not be “heavy-handed”. The IR35 measures were implemented in order to prevent tax avoidance by “disguised employees”, contractors with permanent positions at companies without paying the same tax or national insurance contribution as standard employees. Under the latest reforms [...]
OEUK calls on Government to ramp up development to ease energy crisis August 15, 2022 OEUK has urged the Government to boost flagging domestic energy production to protect consumers from future supply shocks.
Recession to be more than twice as bad as first feared, forecasters warn January 23, 2023 The much touted coming recession in Britain will be twice as bad as first feared, new forecasts out today reveal. Soaring prices coupled with the Bank of England’s efforts to tame them are set to deal a heavier blow to GDP than projected just a few months ago. According to the EY Item Club, the [...]
Gone smishing: Would you recognise an impostor texting you? November 6, 2023 The first warning sign was an anonymous new number being added to my Whatsapp group with my parents. I was later removed from the chat – but I was busy so I didn’t think too much about it. I started to really smell a rat when my parents’ references to bathwater reached double figures. In [...]
Coronavirus: Airports hit back at Rishi Sunak over aviation rescue u-turn March 26, 2020 The UK’s airports have hit back at chancellor Rishi Sunak’s choice to “row back on [his] vital decision to stand by the aviation sector”, saying that the chancellor seems to have “little recognition” of the fact that airports have different operating models to airlines. On Tuesday Sunak said that state aid would only be given [...]
Mark Kleinman: Thames Water crisis drains confidence in privatised sector April 4, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column. This week he tackles Thames Water
Sunak reportedly tries to distance himself from £12bn National Insurance hike January 23, 2022 Rishi Sunak is reportedly trying to distance himself from a £12bn National Insurance hike due to be enforced in April, with the chancellor telling Tory MPs that it is the “Prime Minister’s tax”. Backbench Conservative MPs are rallying for the chancellor to scrap the tax rise, with many complaining that it will come as families [...]
UK could build up to seven nuclear power plants reveals Kwarteng April 3, 2022 The UK could build up to seven new nuclear power stations as part of plans to ramp-up domestic energy production.
In defence of landlords, by the Bank of England July 18, 2023 Few people in Britain draw as much scorn than landlords. It’s easy to understand why. Young people shackled to renting see landlords as a barrier to their homeownership dreams. Particularly in London, renters hate handing over a huge share of their monthly wage to property investors. Doing so stops them from using their cash [...]