Low-productivity public services need ‘revolution’ to avoid cuts, Hunt says March 19, 2024 Hunt said the "only" way this could be delivered without cuts to public services was if there was a "productivity revolution".
Abrdn: Investment trust cost disclosure reform ‘at risk of stalling’ March 13, 2024 Reforms around the cost disclosure of investment trust that the sector has been clamouring for are "at risk of stalling", Abrdn has warned.
Telegraph sale: Former chancellor Nadhim Zahawi hunts backers for £600m bid July 22, 2024 Zahawi is said to be confident he can submit a competitive bid and wants to boost the Telegraph's profitability by expanding in the US.
Here’s how all the MPs running the London marathon did April 21, 2024 Running a slightly different type of race, a record number of UK MPs and peers entered the London marathon this year.
Hospitality leaders warn of ‘severe contraction’ as Budget does little to alleviate closure concerns November 17, 2022 High street industry leaders have issued bleak warnings for this winter following the Chancellor’s Budget, forecasting a wave of closures and stark price hikes for punters. The OBR predicted that real household disposable income per person would plunge more than seven per cent over next two years, marking the biggest drop on record. While businesses [...]
Jeremy Hunt says now is the moment for growth as he signals tax cuts November 18, 2023 Jeremy Hunt has given his strongest hint yet that he will announce tax cuts in his autumn statement, as he considers cutting those on inheritance and businesses while squeezing benefits by billions. Ahead of Wednesday’s financial announcement, the Chancellor said that now is a “turning point for the economy” and that “this is the moment” [...]
OBR chief: Governments have been ‘gaming’ fiscal rules, meeting ‘letter not the spirit’ of financial guidelines January 23, 2024 The comments come as new figures showed the government borrowed substantially less than expected in December thanks to lower interest payments on debt.
Ex Chancellor Hammond criticises Sunak for sluggishness on Crypto October 28, 2022 Former Tory Chancellor Lord Philip Hammond has criticised Rishi Sunak for sluggishness on Crypto regulation. Theresa May’s money man hit out at Boris Johnson’s former chancellor calling on him to turn Britain in to a world leader in Crypto. Speaking to FN, he said he was a “little disappointed” the UK was so “far behind” [...]
How well we spend our money is just as crucial as how big our ‘fiscal headroom’ is November 22, 2023 Later today, the Chancellor will stand at the dispatch box to deliver his autumn statement – likely the penultimate fiscal statement before a general election, making the stakes particularly high. As ever, attention will be on what Hunt does with the £20bn of ‘headroom’, and any rabbits he may pull from his famous red box. [...]
FCA chiefs set for Westminster grilling over ‘name and shame’ plans May 3, 2024 The grilling will be the latest in a series of skirmishes between the regulator and Westminster after Chancellor Jeremy Hunt waded into the debate this week, urging the FCA to “re-look” at the measures.