Bank of England independence must remain no matter the political weather May 16, 2022 When Gordon Brown summoned then-governor of the Bank of England Eddie George to his office at the Treasury in 1997, the man in charge at Threadneedle Street was accompanied by a young civil servant – one Andrew Bailey. At that meeting, George – and presumably Bailey – were surprised to be told that the newly [...]
Working from home may lead to lazy lifestyle that is as risky as smoking May 16, 2022 Working from home may contribute to a lazy lifestyle that is as much of a health risk as smoking, reveals new research published today. One in five people working from home exercise less often due to not commuting to the office, according to Bupa. An uptick in remote working since the pandemic is entrenching more [...]
Millions of Brits’ tax bills set to soar as fiscal drag bites May 15, 2022 Millions of Brits’ tax bills are set to soar due to chancellor Rishi Sunak freezing the thresholds at which people start paying the taxman, revealed research published yesterday. Around 6.7m people will be hit by higher rates by 2024, the year the next general election is scheduled, according to consultancy Lane Clark and Peacock (LCP). [...]
Kwasi Kwarteng: ‘Entirely reasonable’ for Prime Minister to be distracted by cheese while working from home May 15, 2022 The business secretary has defended Boris Johnson’s remarks that he is distracted by making coffee and “hacking off” cheese when working from home. In an interview with the Daily Mail, the Prime Minister said his experience of remote working involved a lot of time making coffee, walking to the fridge and “forgetting” the task at [...]
Finland will apply to join NATO next week after Russia warns of ‘retaliatory steps’ May 15, 2022 Finland will apply to join NATO, its president has confirmed, despite Putin warning it would be a “mistake”. Membership of the military alliance will “maximise” Finland’s security in the wake of Russia’s invasion of Ukraine, Finland’s president Sauli Niinisto said. The nation will submit a formal application for membership to NATO headquarters in Brussels next [...]
Andrew Bailey faces House of Commons grilling amid cost of living crunch May 14, 2022 Bank of England Governor Andrew Bailey will face questions over his leadership on Monday following his policy towards the cost of living crunch.
Government severs ties with National Union of Students amid anti-Semitism concerns May 14, 2022 The government said it is removing all links with the National Union of Students (NUS) amid anti-Semitism concerns.
Education Secretary: Top universities shouldn’t ’tilt the system’ in favour of state school kids May 14, 2022 The Education Secretary has defended the UK's private school system, stating that we should be "very proud" of it and said top universities should not "tilt the system" to benefit state school students.
Ministers postpone junk food advertising and ‘buy one get one free’ curbs amid cost of living crunch May 14, 2022 As the cost of living crunch sets in, ministers have delayed their plans to ban multi-deal buys on junk food in its quest to clamp down on childhood obesity.
Anger after partygate champagne donated by Tory chair and signed by PM is auctioned for charity May 13, 2022 The Conservative Party chair has come in for criticism after donating a bottle of ‘partygate’ champagne signed by prime minister Boris Johnson to a charity auction. . TV food critic and journalist Jay Rayner flagged it up on Twitter, sharing an image of the item and saying the party didn’t take partygate claims “seriously”. This [...]