Government explores ways to unlock wave of pension investment March 30, 2022 The government is exploring ways to unleash a wave of investment from pension funds into private assets, as it opens an industry consultation today designed to slash red tape.
Government stops short of more support for households despite putting pressure on energy firms August 11, 2022 Boris Johnson has stopped short of announcing fresh support for energy users to tame spiralling household bills despite the escalating crisis.
Exclusive: BEIS chair slams Government over lack of insulation plans heading into winter August 11, 2022 The Government has exacerbated the energy crisis by failing to ramp up the efficiency of British homes, argued BEIS committee leader Darren Jones.
Sir John Major slams government’s “shameful” handling of Paterson case November 6, 2021 Former Conservative Prime Minister John Major has criticised the government’s attempts to block the suspension of Owen Paterson for breaking lobbying rules. Speaking to BBC Radio 4, Major said: “I think the way the Government handled that was shameful, wrong and unworthy of this or indeed any government. It also had the effect of trashing [...]
Intel adds pressure onto UK government over lack of computer chip strategy August 10, 2022 Intel has applied pressure on the government to get its semiconductor strategy published, as the UK continues to miss out on inward investment. The US passed a $52bn subsidy package to computer chipmakers just last month, following the European Union’s €45bn cash pot announced in January – leaving the UK’s lack of domestic policy frustrating [...]
Government’s ambitious planning reforms to be watered down September 11, 2021 Planning reforms that were designed to boost homebuilding are set to watered down by the Government, according to various reports this morning. With a target of building 300,000 new homes a year in England, ministers had said they wanted to overhaul the planning system, arguing reforms would boost the building of high-quality, sustainable homes, by [...]
Government amends windfall tax as energy body warns of supply shocks this winter July 6, 2022 The Government has made several amendments to the Energy Profits Levy, with industry bodies calling for further changes ahead of winter.
Pound still at lowest level since start of pandemic amid government chaos July 6, 2022 The British pound is at its lowest level since the start of the Covid pandemic in March 2020 as the UK government faces a political crisis. The pound has slid 0.6% today to $1.1883 as a wave of ministers resigned from Boris Johnson’s government. Sterling initially dropped more than a cent to below $1.20 for [...]
Government halves insolvency payouts to workers in 2021 February 21, 2022 The government halved pay outs to workers whose employers went bust last year, as Covid-19 support measures helped stave off insolvencies.
Partygate: Minister says people want ‘professionalism and competence’ from government May 31, 2022 Brits need to see the government display “professionalism and competence” in the wake of the partygate scandal, trade minister Penny Mordaunt has told City A.M. Mordaunt, who was touted in January as a potential future Tory leader, said “the really essential issue [about the Gray report] is about our ability to restore trust” and to [...]