Starmer pledges ‘wealth creation’ – but can his policies deliver it? August 27, 2024 Sir Keir Starmer has cautioned voters his government’s first fiscal statement would be “short-term pain for long-term good”.
‘Painful’ Budget ahead, Keir Starmer warns in gloomy No10 speech August 27, 2024 Sir Keir Starmer has warned Brits to expect a “painful” Budget this autumn as he insisted the state of the public finances is “worse than we ever imagined”. The Prime Minister addressed the nation from the No10 Rose Garden as he cautioned voters his government’s first fiscal statement would be “short-term pain for long-term good”. [...]
JD Wetherspoon: Tim Martin’s chain reveals when its new London Waterloo pub will open August 27, 2024 Sir Tim Martin’s JD Wetherspoon will open a new pub in Waterloo Station next week, creating 70 jobs and serving Brits waiting for delayed trains. The budget boozer said it has spent £2.8m on developing the new watering hole, called the Lion & the Unicorn, inspired by a building from the 1951 Festival of Britain. [...]
What will Labour do about green taxes? August 27, 2024 With net zero a key plank of the new government’s agenda, what can we expect on environmental taxes in the Budget? Asks Sharon Baynham We have a £22bn black hole in the public finances. Who knew! Well, anyone who dared to look according to the Institute for Fiscal Studies. The blame game has already started [...]
City job openings set for ‘slight recovery’ after election-fuelled slump August 27, 2024 Recruitment for London finance jobs is expected to stage a "slight recovery" under the new Labour government, according to new research.
Labour should not be taking inspiration from Kamala Harris August 27, 2024 Labour has a long-standing love affair with the Democrats, but while the Vice President’s plans for price controls by any other name may be popular, but they are economically illiterate, says Eliot Wilson It is hard to believe that barely a month has passed since Joe Biden announced he would not seek re-election in November [...]
Reddit backer funds weapons start-up focused on ‘budget missiles’ August 26, 2024 Start-up incubator Y Combinator, which has backed companies such as Airbnb, Reddit and Coinbase, has made its first ever investment in a weapons company, which plans to produce “budget missiles” for the US military. Ares Industries, which is based in California, aims to produce “smaller, less expensive cruise missiles” for the US Department of Defence [...]
‘Things will get worse before they get better’, Starmer to warn August 24, 2024 Britain will get worse before it gets better, Prime Minister Keir Starmer is set to warn in his first major speech since taking office.
Public sector spending on consultants hits record high despite efforts to cut August 23, 2024 Public sector spending on management consultants has ballooned to a near-record high this year despite efforts to cut reliance on the expensive sector. Fees to consultants from central government, local authorities and other departments swelled to an estimated £3.4bn in the last fiscal year between 2023 and 2024, a rise of 12 per cent on [...]
Subaru sales accelerate as UK demand outstrips supply August 22, 2024 Sales at the UK company that imports Subaru cars surged by more than 40 per cent during its latest financial year despite demand outstripping supply. Subaru UK has reported a turnover of £75.9m for 2023, according to newly-filed accounts with Companies House. The total comes after the business posted a turnover of £48m for the [...]