The real fiscal ‘black hole’ is government debt September 11, 2024 When one of the most senior figures in investment banking was asked at a private event last week what keeps him awake at night, he replied “government debt”. A recent House of Lords report will not help him sleep any easier. The Economics Affairs Committee has warned of the “grim reality” that at £2.74 trillion [...]
Government faces ‘grim reality’ on national debt, peers warn September 10, 2024 "If we wish to improve the level of and quality of services, and continue the current provision of benefits, taxes will need to rise. The alternative is that the state does less," the report said.
‘You’re fired’: The Apprentice star Lord Alan Sugar accused of treating Parliament with contempt September 5, 2024 Lord Alan Sugar, the star of BBC One hit The Apprentice, has been accused of treating Parliament with “contempt”. The business tycoon was told “You’re fired” in a row over his long-running failure to take part in proceedings in the House of Lords. Lord Sugar was given a dose of his own boardroom medicine after [...]
King’s Speech: Planning Bill unveiled to lift ‘brake’ on economic growth July 17, 2024 A new Planning Bill unveiled in the King’s Speech is intended to lift the “major brake” on the UK’s economic growth, by unlocking national housing and infrastructure projects.
Keir Starmer to take the ‘brakes off Britain’ with growth-focused King’s Speech July 17, 2024 Sir Keir Starmer has pledged to take the “brakes off Britain” with a growth-focused King’s Speech.
Reform is needed to save the House of Lords from an abuse of patronage June 25, 2024 With ‘gamblegate’ engulfing the Conservatives, City A.M. does not recommend betting on politics. But there’s one outcome of this election that’s a dead cert: a victorious Keir Starmer will swiftly appoint dozens of new peers to nod through his legislation and Rishi Sunak will draw up a resignation honour list cloaking various acolytes in ermine as a [...]
Warnings rental reform could disincentivise landlords as bill returns to House of Lords May 16, 2024 Peers have been warned government moves to bring in rental reform risk making it “less attractive” to be a landlord.
UK edges closer to new laws for artificial intelligence May 9, 2024 On Friday, the House of Lords will hear the third reading of the AI bill and, if all goes well, it will progress to the House of Commons.
Explained: What is happening with the Renters Reform Bill? May 2, 2024 The Renters Reform Bill was introduced last year, but it has been beset by delays, and now has 200 amendments added to it. What's the latest?
Lords summon FCA chief over controversial ‘name and shame’ plans May 2, 2024 A group of peers has launched a stinging attack on the boss of the FInancial Conduct Authority today after he “failed” to address concerns over the regulator’s controversial ‘name and shame plans.