Spring Budget 2024: Hospitality bosses urge Government for more relief before ‘doing irreversible damage’ February 29, 2024 Ahead of the Spring Budget, bosses across the UK’s troubled hospitality sector are piling fresh pressure on Chancellor Jeremy Hunt to provide greater relief before “doing irreversible damage”.
RICS regulatory board quits en masse amid ongoing dispute with the government June 28, 2023 The building sector has been left in a state of confusion after all of the nine-member regulatory board of the Royal Institution of Chartered Surveyors (RICS) suddenly resigned en masse late yesterday. The RICS Standards and Regulation Board is responsible for reviewing and investigating surveyors who aren’t following industry standards, and it has been one [...]
Brits urge government to do more on overseas territory tax havens as diplomats to meet with MPs November 13, 2023 Nearly three-quarters of Britons think the government should do more to tackle economic crime in the country's overseas territories, according to a survey, as diplomats prepare to meet with MPs in London this week.
MPs criticise government’s unclear China strategy amid James Cleverly visit August 29, 2023 MPs have criticised the government for having an unclear strategy around its relationship with China, amid a high-profile visit by the foreign secretary James Cleverly. A parliamentary committee cited “confusion” and “failure to explain policy” on China, following a government announcement of the ‘Indo-Pacific Tilt’ as part of the integrated defence review. The report by [...]
Government bill for Sizewell C nuclear power plant passes £1bn mark August 29, 2023 Government spending on the proposed nuclear power plant Sizewell C crossed the billion pound threshold today after the government committed more funds to the project.
National Grid profits slip near 20 per cent as chief slams government inaction November 9, 2023 National Grid has called for policy to keep up with the company's push to electrify the country's grid following record spending.
Government ‘penalising’ investors with ‘baffling’ stamp duty on shares, says Interactive Investor June 22, 2023 Ministers are “penalising” the UK’s investors by levying “baffling” taxes on holding British stocks, one of the UK’s top investment platforms said today.
Pirelli chief cannot be chosen by Chinese largest investor, Italy government rules June 19, 2023 Italy’s government has ruled that China’s Sinochem cannot designate the chief executive of Pirelli despite being its main shareholder with a 37 per cent stake, the Italian tyre maker said on Sunday. The decision is part of the measures announced this week by Rome’s right-wing administration to shield the autonomy of Pirelli and its management. [...]
Government slashes bank surcharge in boost for the City November 17, 2022 The government has slashed a surcharge on bank profits to three per cent today in a bid to keep the UK's finance industry internationally competitive.
Tory MP sacked from government job for urging Rishi Sunak to back Gaza ceasefire October 30, 2023 Conservative MP Paul Bristow has been sacked from his government job after breaking ranks to publicly urge Rishi Sunak to push for a “permanent ceasefire” in Gaza.