Sunak has enough room to scrap national insurance hike, according to top City economists January 25, 2022 Chancellor Rishi Sunak has enough room to scrap the looming national insurance hike to ease the heavy cost of living burden weighing Brits down, according to leading City economists. Bumper tax revenues driven by the UK economy performing much better than forecast has provided the Chancellor with a big enough tax windfall to cancel the [...]
Come dine with me: Johnson to host dinner for business leaders October 16, 2021 Prime Minister Boris Johnson is expected to host a dinner with some of the business world’s leading players – including Bill Gates and JP Morgan’s chief executive Jamie Dimon – reported the Telegraph. Invited to Downing Street, the 20 business leaders will be joined by the Prime Minister and the foreign secretary Liz Truss for [...]
Brace yourselves, the era of the ‘alternative budget’ has arrived November 20, 2023 It started when Liz Truss’s faction of 60 or so MPs, who go under the banner Conservative Growth Coalition, pre-announced – to drum up anticipation – and then two months later published their Budget for Growth.
Tory backbencher calls on government to close ‘loopholes’ letting London firms work for the Kremlin April 11, 2022 Tory backbencher Kevin Hollinrake has called on the government to close the “loopholes” that have allowed UK professional services firms to continue carrying out bankruptcy proceedings on behalf of the Russian state. In a letter to Rishi Sunak, the Conservative party MP accused accountancy giant Grant Thornton, litigation funder Harbour, and London law firm CMS [...]
Why has levelling up failed? November 17, 2023 Levelling up has become a semi-religious mantra to which Labour has joined in the ubiquitous chanting. Yet the scheme has been mired in criticism – its selection process was condemned as “corrupt” and local authorities are struggling to spend their lot.
Number 10 chaos: Boris Johnson’s communications aide quits February 3, 2022 Boris Johnson’s director of communications has quit this evening, just hours after his policy chief also left Downing Street. Jack Doyle, a well-respected former journalist who joined the Number 10 operation in 2020, has reportedly told friends he always planned to leave after two years. Doyle also told Downing Street staff that the departure had [...]
Russia-Ukraine war to deliver £90bn blow to UK economy March 8, 2022 Russia’s war with Ukraine will deal a £90bn blow to the UK economy driven by a worsening cost of living crunch sending the British consumer into retreat, reveals fresh forecasts published today. Soaring energy prices as a result of Moscow sending troops in Ukraine will feed already historic high inflation in Britain, heaping even further [...]
Number 10 policy chief quits over Johnson’s Savile slur about Keir Starmer February 3, 2022 Number 10’s policy chief has resigned over Boris Johnson’s repeated accusations that Sir Keir Starmer chose not to prosecute Jimmy Savile when he was the director of public prosecutions. Munira Mirza yesterday in a letter to the PM said there was “no fair or reasonable basis for that assertion” and that she could no longer [...]
UK has ‘given up’ on Brexit talks and plans to kill off Northern Ireland Protocol next week as trade war with EU looms May 11, 2022 The government will reportedly move to discard large portions of the Northern Ireland Protocol after giving up on Brexit negotiations with the EU. The Times newspaper reported officials working for Foreign Secretary Liz Truss have drawn up draft legislation to unilaterally remove the need for checks on all goods being sent from Britain for use [...]
Liz Truss appoints Jeremy Hunt as chancellor after Kwarteng sacking October 14, 2022 Jeremy Hunt has been appointed as the new chancellor after prime minister Liz Truss sacked Kwasi Kwarteng today following weeks of market turmoil triggered by last month’s mini budget. Hunt is the fourth chancellor this year. According to bookmaker Betfair, Truss is now odds on to step down as prime minister. Kwarteng wrote to Liz [...]