Tory by-election candidate says levelling up agenda includes outer London November 28, 2021 The Conservative candidate in an upcoming by-election has claimed the government’s levelling up agenda includes poorer parts of outer London. Old Bexley and Sidcup candidate Louie French told City A.M. that Boris Johnson’s flagship agenda, generally thought to only encompass the Midlands and the North, “completely” includes economically deprived areas of the capital and that [...]
Shell CEO dismisses calls for windfall tax to reduce household energy bills February 3, 2022 Shell's chief executive Ben van Beurden has pushed back against rising calls for a windfall levy to ease the burden on energy consumers.
Sunak claim that Cameron and Greensill got no special treatment branded as ‘not credible’ May 27, 2021 Rishi Sunak has said Greensill Capital and David Cameron were not given preferential treatment by government – a claim blasted as “not credible” by the chair of a prominent Westminster committee. Sunak told MPs on the Treasury Select Committee that Greensill Capital’s failed bid for a large government loan “did not occupy a huge amount [...]
Junior doctors launch four-day strike over pay: What does it mean for you? April 11, 2023 Junior doctors across England have launched a four-day strike in a worsening dispute over pay which threatens huge disruption to the NHS. An estimated 350,000 appointments, including operations, will be cancelled as a result of the walkout by members of the British Medical Association (BMA). Doctors mounted picket lines outside hospitals from 7am on Tuesday [...]
UK government launches £1bn Omicron rescue package for pubs, bars and restaurants December 21, 2021 Chancellor Rishi Sunak has launched a fresh £1bn rescue package to help sectors worst hit by the Omicron-induced economic storm survive. Pubs, bars and restaurants across England can now receive a one-off no strings attached payment of £6,000 per venue, the UK government announced today. Sunak said: “We recognise that the spread of the Omicron [...]
Tory MPs call for UK government to pull out of global tax deal October 25, 2021 A pair of Tory MPs have called for the UK government to pull out of the global corporation tax deal, claiming it could cost the Exchequer billions in tax revenues. Backbenchers Greg Smith and Andrew Bridgen called for Rishi Sunak to reconsider his commitment to the deal, after he helped broker it at this year’s [...]
Bye Boris: NI Secretary Brandon Lewis, Treasury minister Helen Whately and Security minister Damian Hinds flee No 10 July 7, 2022 Northern Ireland Secretary Brandon Lewis has resigned around 7am from the Cabinet, telling the Prime Minister that Government requires “honesty, integrity and mutual respect”. Minutes later, Treasury minister Helen Whately has resigned, telling Boris Johnson there “are only so many times you can apologise and move on”. And only moments ago, Security minister Damian Hinds [...]
Sunak pushes for City of London exemption from G7 tax plan June 9, 2021 Chancellor Rishi Sunak is pushing for an exemption for the City of London from the G7’s recently agreed global tax plan. Sunak is looking for a deal for financial services, the Financial Times first reported, in wake of fears that global banks with head offices in London could be affected. Major banks are headquartered in [...]
Takeaways threatened: Customers may pay extra £2bn after tax hike September 24, 2021 Consumers could end up paying an extra £2bn for takeaways, ahead of rises in VAT, the British Takeaway Campaign has warned. VAT for hospitality is to rise to 12.5 per cent next month, ahead of another hike up to 20 per cent in March next year, to the frustration of beleaguered food bosses. Takeaway operators [...]
Budget 2021: Public support Sunak’s measures, according to YouGov poll March 3, 2021 Budget 2021: Public support Sunak's measures, according to YouGov poll