Government turning to more CCTV and street lighting to reduce crime October 24, 2021 Chancellor Rishi Sunak is expected to pledge millions for better CCTV and improved street lighting and give £80m in additional funding to the Crown Prosecution Service. It is part of a £435m package of measures aimed at preventing crime and will form part of next week’s Budget, with a focus on violent offences against women. [...]
Boris Johnson calls for wind and nuclear ramp up ahead of energy strategy announcement March 24, 2022 Prime Minister Boris Johnson has revealed the UK's new energy strategy will expand domestic nuclear and offshore wind capacity.
Hunt plots an ‘OK, but’ budget to spread the pain and fling it to the future November 18, 2022 As Jeremy Hunt competed for headlines with the Australian soap opera Neighbours, its theme song was unwitting inspiration for his financial plan.
Exclusive: Sunak to unveil plan to slash EU financial services rules in Mansion House speech June 24, 2022 Rishi Sunak will unveil his plan to slash EU financial services regulations in a major set piece Mansion House speech next month. City A.M. understands the chancellor will announce details of his Financial Services and Markets Bill at the City’s annual Mansion House bankers’ dinner on 19 July and will introduce the legislation to the [...]
All you need to know about Boris Johnson’s return as he defends himself over Partygate March 22, 2023 Boris Johnson will be grilled by the Privileges Committee on Wednesday as he aims to defend himself against claims he lied to Parliament over the partygate scandal. The former prime minister is expected to offer a robust defence when he appears before MPs to give evidence. Before the highly anticipated session, here is what you [...]
Venues plead Chancellor to reduce tax burden as pubs and restaurants face ‘bleak summer’ July 4, 2022 Night time economy bosses have urged the Chancellor to slash VAT to 12.5 per cent in a bid to help businesses recover to their pre-Covid glory. Pleas for help from sector leaders followed reports last week that Downing Street was mulling reducing the headline rate temporarily to help UK households navigate the cost of living [...]
Gas prices hit a five-year high, just a day after three more suppliers go bust – CityAM : CityAM September 30, 2021 Gas prices have hit a five-year high today, a day after the UK’s gas crisis pushed three more suppliers to collapse. UK contracts for next month rose above 238p per therm, while wider European natural gas and power prices also touched new records. It comes as Rishi Sunak is set to announce £500m in grants [...]
Soaring energy bills cause hospitality businesses to raise prices and cut opening hours March 23, 2022 Spiralling energy bills are forcing hospitality businesses to raise prices and cut trading hours, says a new survey from four UK trade bodies.
Renewable revenues capped in Government push to ease record bills October 12, 2022 Renewable projects will be blocked from cashing in on the energy crisis, after the Government confirmed new plans to ease record bills.
British factories to launch fastest price hiking cycle on record March 22, 2022 British factories are preparing to launch the fastest price hiking cycle on record in a sign that inflation will surge even higher in the months ahead. A net balance of one in every eight UK manufacturers intend to raise prices, according to research by the Confederation of British Industry (CBI). Products produced by factories are [...]