Legal and General rows in behind Reeves’ housebuilding drive with £125m fund July 15, 2024 Legal & General has thrown its weight behind the government’s house building push today with a pledge to inject at least £125m of pension cash into affordable housing.
Reeves must accelerate pension consolidation to unlock UK investment, says Schroders chief July 13, 2024 Rachel Reeves should accelerate efforts to merge smaller pension funds to allow the country’s retirement cash to flow into British companies, the chief executive of Schroders has said.
Non-doms are paying record taxes, but Labour will shove them out the door July 12, 2024 The wealthiest non-doms are packing their bags and taking their outsize contributions to the exchequer with them, and that’s just the start of the exodus of the wealthy that will occur if Labour implements its plans, says David Lesperance “London is nice… but it’s not that nice!” These were the words of one of my [...]
Starmer and Reeves told to put capital markets at heart of economic strategy July 11, 2024 The chief executives of challenger stock exchange Aquis and retail investment platform PrimaryBid have urged the new government to prioritise opening up UK markets to new capital as an engine for economic growth.
Who’s who in Labour’s new look Treasury and business teams? July 11, 2024 Post-election and cabinet appointments, we’ve rounded up who's who in the government's new-look Treasury and business top teams.
Grown-up politics means answering difficult questions July 11, 2024 If Starmer is serious about restoring trust he should end the era of client journalism and face up to real scrutiny from people who know what they’re talking about, says Simon Neville “You’re very keen. Would you like to ask a question?” So said the new Chancellor Rachel Reeves at the end of her first [...]
Build, Baby, Build: Rachel Reeves has shown she’s serious about growth July 10, 2024 In announcing a suite of planning reforms in her first speech as Chancellor, Rachel Reeves has addressed the biggest barrier to growth in Britain today, says Iain Mansfield The new Chancellor is serious about growth. By putting planning front and centre of her first speech, Rachel Reeves addressed the single biggest obstacle to economic growth [...]
Chancellor to launch £7.3bn national wealth fund to ‘unlock investment’ July 9, 2024 Chancellor Rachel Reeves will launch a national wealth fund with £7.3bn of state funding to “unlock investment” in UK growth industries.
Reeves makes a positive start on planning reform – but there’s plenty more to do July 8, 2024 Believe it when you see it was the attitude of many City economists to Labour's promised overhaul of the planning regime.
Chancellor Rachel Reeves unveils planning reforms to ‘get Britain building again’ July 8, 2024 Chancellor Rachel Reeves has unveiled a raft of planning reforms in a bid to “get Britain building again” in her first major speech at the Treasury.