Government borrows less than official predictions in August thanks to rising tax receipts September 21, 2023 The government borrowed £11.6bn in August, the fourth highest August borrowing figures on record but still lower than official forecasts from the Office for Budget Responsibility (OBR). According to figures from the Office for National Statistics (ONS), higher central government spending meant borrowing was £3.5bn higher than August last year. The only time the government [...]
Net Zero: Why scrapping a meat tax, bin rules and car sharing isn’t all it seems September 20, 2023 Prime Minister Rishi Sunak ditched several green policies today - but it looks like some of them never even existed in the first place.
Net Zero U-turn: Sunak confirms delay to petrol and diesel car ban until 2035 September 20, 2023 Rishi Sunak has confirmed the rolling back of green pledges including the delay to the petrol and diesel car sales ban until 2035 as he faces down industry backlash and Tory divisions. Speaking in Downing Street this afternoon, the Prime Minister outlined what he said was a “pragmatic, proportionate and realistic” strategy for the UK [...]
Sky urges UK government to cut red tape and protect creative sector September 20, 2023 Sky has urged the government to loosen its regulatory grip on the creative industry, which it believes could boost the economy by £10bn.
Braverman: ‘We are not going to save the planet by bankrupting the country’ September 20, 2023 Home Secretary Suella Braverman has backed Prime Minister Rishi Sunak's reported decision to row back on pledged green commitments.
Jeremy Hunt to woo US tech firms on west coast tour September 19, 2023 Jeremy Hunt will meet with technology and creative firms on the west coast of the United States as part of efforts to make Britain the “next Silicon Valley”. The Chancellor will hold talks with tech giants including Microsoft, Amazon and Alphabet in Los Angeles, San Francisco and Seattle as he seeks to boost investment in [...]
Biden urges world leaders to stand up to Russia over Ukraine September 19, 2023 President Joe Biden urged world leaders to stand up to Russia, warning no nation can be secure if “we allow Ukraine to be carved up”.
Post Office scandal: £600,000 compensation offer ‘gun to head’ for victims, MP claims September 19, 2023 An MP has criticised the offer of £600,000 compensation for every Post Office worker who has had their wrongful Horizon conviction overturned, claiming it is “a gun to their head”. The government announced on Monday that every post office operator who was caught up in the Horizon IT scandal and wrongfully convicted will receive £600,000 [...]
Canada Corporation donates £50,000 to Morocco and Libya disaster appeals September 19, 2023 Canada Corporation is urging firms to join in donating to emergency appeals for Libya and Morocco, after stumping up £50,000, Morning Wire can exclusively reveal. The Square Mile’s local authority has donated two separate £25,000 donations to the appeals, after thousands of people have died in twin natural disasters. After announcing the [...]
Labour wants ‘stronger’ relationship with France, says Starmer September 19, 2023 Labour would seek a “stronger” relationship with France if elected into power, leader Sir Keir Starmer has said.