Hunt rules out chunky tax cuts before the election as they’d ‘compromise’ inflation fight October 2, 2023 Chancellor Jeremy Hunt has argued that sizeable tax cuts this year would “compromise” the battle against inflation as colleagues piled on the pressure for a pre-election giveaway. The Cabinet minister said on Monday he and Rishi Sunak were prioritising the pledge to halve prices before carrying out tax cuts in any “substantial way”. As Tory [...]
Top lawyer: Bank crypto transaction ban ‘about protecting themselves’ October 2, 2023 British banks could face criticism if they follow in the footsteps of JP Morgan’s Chase, which moved to block cryptocurrency payments for its UK customers, a banking lawyer has said.
The Notebook: Guy Hands on why the phrase ‘dead as a dodo’ hits different these days October 2, 2023 Today, Guy Hands, founder of private equity giant Terra Firma Capital Partners, takes the Notebook pen Prime Minister Rishi Sunak is correct in saying that previous governments were not honest with the public about the trade-offs required to hit our climate targets. However I don’t agree with how he has dealt with the issue. McKinsey [...]
US Congress averts government shutdown, passing stopgap bill October 1, 2023 The US Congress has managed to avert a government shutdown after it passed a stopgap funding bill late on Saturday, which received overwhelming Democratic support.
Sunak ‘removing the alternatives’ to driving, say six major walker and cyclist groups September 29, 2023 Rishi Sunak has been accused by walking and cycling groups of “removing the alternatives” to driving amid speculation he is preparing to curb 20mph speed limits. Six leading active travel organisations claimed the Prime Minister will “make the roads worse” if he goes ahead with the move. Several newspapers reported that a Plan for Motorists [...]
Putin orders former Wagner figure to command volunteer units in Ukraine September 29, 2023 Russian President Vladimir Putin has ordered one of the top commanders of the Wagner military contractor to take charge of “volunteer units” fighting in Ukraine. The move signals the Kremlin’s intention to keep using the mercenaries after the death of their chief, Yevgeny Prigozhin. In remarks released by the Kremlin, Mr Putin told Andrei Troshev [...]
Russian athletes allowed to compete as neutrals at next year’s Paris Paralympics September 29, 2023 Russian athletes will be able to compete as neutrals at next year’s Paralympic Games in Paris despite the country’s ongoing invasion of Ukraine. International Paralympic Committee member nations voted against a full suspension of the Russian committee at the organisation’s General Assembly in Bahrain, but a motion to partially suspend was passed on Friday afternoon. [...]
House sales fall by 16 per cent amid increase in mortgage rates – as industry looks at shoots of recovery September 29, 2023 The number of house sales fell by 16 per cent in August compared with the same month a year earlier, according to provisional HM Revenue and Customs (HMRC) figures. An estimated 87,010 home sales took place across the UK last month, which was 16 per cent lower than in August 2022 but 1% higher than [...]
Rishi Sunak poised to limit new 20mph zones after Uxbridge ULEZ by-election September 29, 2023 Rishi Sunak is preparing to curb English councils from introducing new 20mph speed limits, according to reports. The Prime Minister will unveil the measure as part of a Plan for Motorists at the Tory conference in Manchester, according to several newspapers. He is reportedly planning to limit the power of local authorities to impose new [...]
Weekend travel chaos with overtime ban by train drivers today before Saturday’s strike September 29, 2023 Train drivers will ban overtime on Friday ahead of two days of strikes which will cause fresh travel chaos for passengers. Members of Aslef at 16 train operators in England are embroiled in a long-running dispute over pay, with no sign of a breakthrough. The drivers will strike on Saturday and again next Wednesday, coinciding [...]
