Southern trains cancels ALL services to and from London Victoria until January 10 as rail disruption worsens December 30, 2021 Southern announced this afternoon that none of its trains will run to or from London Victoria until January 10 due to “coronavirus isolation and sickness”. Disruption to rail services is worsening due to pandemic-related staff shortages and industrial action. London Victoria is one of the UK’s busiest stations, and is normally connected by Southern to [...]
Tory backbench rebellion grows as crucial vote on social care plan approaches November 22, 2021 Anger from MPs that the least well-off may still have to sell their homes to pay for their care under the latest government plans is fuelling a backbench rebellion. MPs will consider on Monday whether to accept changes to the Government’s proposed social care reforms. But Red Wall Tory Christian Wakeford had warned that it [...]
As it happened: Rishi Sunak’s Spring Budget 2022 March 23, 2022 Live updates and links to all our coverage, reactions and analyses as the Chancellor of the Exchequer, Rishi Sunak, delivers the government’s Spring Budget for 2022 . Please do get in touch and let us know your opinion via news@cityam.com or @Cityam With the cost of living crisis, rising inflation, war in Ukraine and [...]
Johnson’s reshuffle is about more than just jobs – the party is looking for the PM’s philosophy January 23, 2020 As Labour continues the post-election round of self-flagellation in search of a new leader and direction, most returning Tory MPs have only one thing on their mind: the impending reshuffle. Tipped to happen in the first two weeks of February, the only questions are who is likely to get the heave-ho, and whether Dom Cummings’ [...]
UK tech IPOs raise record £6.6bn last year doubling 2020 figures January 31, 2022 UK tech IPOs raise record £6.6bn last year doubling 2020 figures
Universities pay vice-chancellors more than £500,000 as generous packages include bonuses and benefits November 12, 2021 Three universities in England paid their vice-chancellors £500,000 or more in salary, bonuses and benefits last year, figures show. Data from the Office for Students (OfS) shows that 1.8% of university staff received a basic salary of £100,000 or more in the academic year 2019/20 – up slightly from 1.7% in 2018/19. But the proportion [...]
ABI director general to take up partner role at KPMG May 19, 2021 Huw Evans, director general at the Association of British Insurers (ABI), will join KPMG as a partner next January in the Big Four firm’s insurance and long-term savings division. Evans had been director general at the ABI for more than six years, during which he represented the insurance industry through Brexit, Solvency II implementation, pension [...]
Downing Street does not deny govt mulls increasing national insurance contributions July 20, 2021 Downing Street has not denied that National Insurance contributions could be increased to fund a new social care plan, in a move that would break a Conservative manifesto pledge. Boris Johnson is reportedly considering plans to raise National Insurance payments by one percentage point for employers and employees to raise £10bn a year to help [...]
Rudd: I won’t ‘lie down in front of the bulldozers’ of a no-deal Brexit July 14, 2019 Work and pensions secretary Amber Rudd today said her department is preparing for a no-deal Brexit, and could hire more people to deal with a potential recession. Speaking to the BBC’s Andrew Marr, Rudd said that the consequences of leaving the European Union without a deal “will be difficult to handle”. Read more: Bank of [...]
Rudd: May ruled out ‘un-Conservative’ plan to prorogue parliament September 12, 2019 Former Prime Minister Theresa May considered proroguing parliament but dismissed it as “un-Conservative”, Amber Rudd has said today. The former Cabinet minister, who served under both May and Boris Johnson before sensationally resigning this weekend, told the BBC’s Today programme, said the previous PM had ruled out suspending parliament “because it would have been the [...]