Government must ‘offer hope’ to attract investment, CBI chief to argue September 12, 2024 The government must “have and offer hope” in order to attract global investors to bet on and back Britain, the chief executive of the Confederation for British Industry (CBI) will argue. In a rejection of No10 and the Treasury’s gloomy economic language, Rain Newton-Smith will use the CBI’s annual dinner in Glasgow to call for [...]
Major NHS reforms will ‘take a decade’, Keir Starmer warns September 12, 2024 A series of major reforms to the NHS will “take a decade” and won’t be “universally popular”, Sir Keir Starmer has warned in a speech about the future of the UK’s healthcare system. The Prime Minister pledged that his Labour government “will always make the investment in our NHS that is needed… even in difficult [...]
Reform NHS to get Brits back at work and driving growth, Starmer to say September 12, 2024 Reforming the National Health Service (NHS) will help get the British public “back to health and work” as well as “driving economic growth”, Keir Starmer will say.
In defence of political donors September 12, 2024 Labour’s cronyism scandal has rightly led to calls for greater transparency around donors but let’s not throw the baby out with the bathwater. If anything, we need more private money in politics, says Henry Newman Politics is sometimes called show business for ugly people. Aesthetics isn’t the only supposed difference between Westminster and Tinseltown. British [...]
Mark Kleinman: Summit’s up with flagship Labour conference September 12, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly Morning Wire column.
‘Hard to justify’: IFS calls for Reeves to limit pension tax-free lump sum September 11, 2024 Rachel Reeves is rumoured to be considering a shake-up of pension tax reliefs in the October Budget as she seeks to address a challenging fiscal inheritance.
UK agrees £500m funding deal with Tata Steel September 11, 2024 The government will invest £500m into Tata Steel’s UK operations alongside an “improved deal” for workers to support the transition to greener steel production, business secretary Jonathan Reynolds confirmed today. Workers at the country’s biggest steel plant in Port Talbot, south Wales, will receive “improved” redundancy terms and the offer of a skills package, he [...]
Economists are not concerned by the lastest GDP figures. They should be September 11, 2024 The growth party was always going to end sooner or later. In the first half of 2024, the economy exceeded expectations month after month, making the UK the fastest-growing economy in the G7. One statistician at the ONS even said the economy was growing “gangbusters“. Alas, nothing lasts forever. Figures out this morning showed that the [...]
GDP unexpectedly stagnates in July following strong first half of 2024 September 11, 2024 The figures returned the UK to growth after GDP was flat in June and represent a positive start to the second half of the year.
Tech chiefs warn Chancellor not to undermine growth with tax hike September 11, 2024 A sweeping hike in capital gains tax (CGT) risks “undermining the chancellor’s growth agenda” and could suck talent and investment away from Britain’s start-ups, some of the country’s top fintech bosses have warned. Industry bodies and tech chiefs mounted a co-ordinated push to topple the suggestion of a blanket rise in CGT yesterday as they [...]