Boris Johnson faces calls to apologise over Jimmy Savile smear from own party after Starmer abuse February 8, 2022 Tory MPs are urging Prime Minister Boris Johnson to apologise for the Jimmy Savile smear he levelled at Sir Keir Starmer after police had to rescue the Labour leader from a mob. Sir Keir was bundled into a police car for protection near Parliament on Monday as he faced baseless allegations of “protecting paedophiles” and [...]
Rishi Sunak hints he could block pension triple lock rise July 8, 2021 Chancellor Rishi Sunak hinted he could block an increase to the state pension today, backtracking on his manifesto pledge to keep the triple lock. “I very much recognise people’s concerns” he told the BBC’s Today programme. He went to on to highlight that the triple lock is government policy, but did not commit to topping [...]
London shunned for IPOs as firms head abroad March 23, 2022 London is headed for its weakest quarter for IPOs in thirteen years as market turbulence gives investors the jitters and UK firms shun the capital following a series of high profile flops.
Hospitality bosses say Treasury support ‘borders on insulting’ as firms call for more aid December 21, 2021 Hospitality and leisure bosses have welcomed the announcement of a short-term support package for businesses but called for more. Venues have been hit hard by cancellations as the public stays away from the capital in a last attempt to dodge the highly transmissible Omicron variant before Christmas. After calls from industry bosses, Chancellor Rishi Sunak [...]
UK lobbying regulator investigating Philip Hammond August 11, 2021 Former chancellor Philip Hammond is being probed by the UK’s lobbying regulator, after contacting a Treasury official on behalf of a bank he was working for. The Office of the Registrar of Consultant Lobbyists is investigating whether Hammond should have disclosed his contact with senior Treasury mandarin Charles Roxburgh in July 2020. Hammond was contacting [...]
£1.5bn Covid pot for businesses without tax relief has not paid out single penny yet October 11, 2021 A support pot with £1.5bn in funds created for business that were not able to get tax relief during the Covid pandemic has not paid out a single penny yet. In March, the government announced that it would retrospectively ban more than 170,000 business rates appeals which cited the pandemic as the reason for changing [...]
Treasury launches £750m insurance scheme to cover Covid-related live event cancellations August 5, 2021 Costs associated with the cancellation of festivals, conferences and other live events due to Covid-related restrictions will be covered almost entirely by the government under a new £750m scheme. The Treasury will team up with Llloyd’s of London to deliver the Live Events Reinsurance Scheme, which will give companies the option of purchasing cover from [...]
Realistic interest rates will save us, and we have a sub-Prime Minister to thank for it October 27, 2022 This time last week, Monty Munford was enjoying a bit of lunch in Westminster when all manner of hell kicked off around him.
Could IFS project help solve the UK’s pensions crisis? April 20, 2023 A two year project which aims to come up with long-term solutions to the UK’s pensions crisis has been launched by the Institute for Fiscal Studies in partnership with abrdn’s Financial Fairness Trust. The Pensions Review will run for two and a half years and “comprehensively assess the consequences of current pension policy, the economic [...]
Boris Johnson did have surprise birthday party during lockdown and yes, it was indoors, No 10 admits January 25, 2022 Downing Street has admitted the Prime Minister did have a birthday celebration inside No 10 during the first lockdown. Downing Street conceded that staff “gathered briefly” in the Cabinet Room following a meeting after it was alleged 30 people attended and shared cake despite social mixing indoors being banned. A Downing Street spokeswoman said: “A [...]