Tata: 3,000 jobs at risk despite government pumping £500m into UK’s biggest steelworks September 15, 2023 The Government is to pump up to £500 million into Britain’s biggest steelworks as part of plans to produce “greener” steel which could also hit thousands of jobs, sources have said. Tata, the Indian conglomerate that owns the Port Talbot steelworks in South Wales, will use the funding to help switch the plant’s two coal-fired [...]
Ex-Kemi Badenoch advisor: Government ‘does not know, nor really care’ about business issues September 15, 2023 A former adviser to Kemi Badenoch has made a string of criticisms of her former boss and government business policy
Government borrows record amount in November as debt bill swells December 21, 2022 Growing public sector expenditure in November prompted a £22.0 billion borrowing frenzy.
Spring Budget 2024: Hunt set to unveil Natwest government share sale aiming to raise up to £4bn February 29, 2024 Chancellor Jeremy Hunt is set to unveil more details on the government's plan to sell its shares in Natwest to retail investors at next week's Spring Budget, alongside wider reforms to boost UK capital markets activity.
Government weighs up proposals to expand windfall taxes November 1, 2022 Windfall taxes on energy firms could be raised and extended as much as three years. as Downing Street scrambles to raise funds.
Government reforms needed to claim £1bn in extorted assets December 16, 2022 A potential £1bn of proceeds from political extortion are up for grabs if the UK Government undergoes reforms.
Government to relax the rules on airport liquids from summer 2024 December 15, 2022 Passengers will no longer need to consider how much toothpaste they’re bringing aboard planes as the UK Government is relaxing the rules on airport liquids from the summer of 2024. The limit will be increased from the current 100 ml to up to 2 litres. Putting toiletries into clear plastic bags and removing laptops and [...]
HSBC’s purchase of Silicon Valley Bank shows the power and limits of government March 20, 2023 We should commend the government facilitating HSBC’s decision to buy Silicon Valley Bank, but not all things can be left to government to solve and we need to shore up the financial system
Brits face advertising blitz with Government energy saving campaign December 14, 2022 Brits face an advertising blitz over Christmas from the Government, urging them to save energy by turning down boilers and radiators.
Government ‘in talks with Tata Steel to provide £500m funding package’ – but 3,000 jobs at risk September 2, 2023 The Government is reportedly in advanced talks with Tata Steel to provide a £500 million funding package aimed at safeguarding the long-term future of a key part of Britain’s steel industry. The deal would secure £1 billion for the group’s Port Talbot steelworks but could lead to as many as 3,000 job losses, according to [...]