The £22bn black hole row: Who’s telling the truth? July 31, 2024 Rachel Reeves and Jeremy Hunt are slinging accusations at each other about the state of the public finances. But who is right?
Taylor Wimpey: Housebuilder suffers dent to profit ahead of planning reform July 31, 2024 Housebuilder Taylor Wimpey suffered a dent to revenue and profit in a set of half year results in which it hailed the new government's "recognition" of planning laws as being a "major barrier" to housebuilding.
The real ‘black hole’ in the public finances is the debt July 31, 2024 The Chancellor is right, the public deserve to know just how bad the economy is – so she should be honest about the millions of pounds a day that are added to the national debt, says John O’Connell Reeves’ tone was one of righteous fury on Monday as she bellowed at the opposite benches for [...]
Chancellor’s move to cut infrastructure projects threatens growth, economists warn July 30, 2024 Rachel Reeves' decision to make immediate cuts to capital spending has shaken a number of top economists, who have said they are deeply concerned about the potential knock-on impacts on the UK's economic growth.
UK restores housebuilding targets and sets out green belt review in planning push July 30, 2024 Keir Starmer and Rachel Reeves’ Labour government has unveiled a series of reforms to the planning system, including a review of the green belt, to help address “the most acute housing crisis in living memory.” Under new policies confirmed today, local authorities will again be given mandatory housing targets to help “pave the way” to [...]
Experts react to Reeves: The finances might be worse than expected – but tax hikes are still coming July 30, 2024 While Rachel Reeves laid out a fiscal inheritance that was worse than many had anticipated, tax rises are almost certainly on the way, economists and experts have said in reaction to the Chancellor's speech today.
The biggest challenge for the Conservatives? Getting their story straight July 30, 2024 Whoever becomes the next Conservative leader must get their story on what the Tories did wrong – and right – straight, writes Henry Newman Does it matter who the next leader of the Conservative Party is? A large slice of Britain won’t be paying much attention to the Tories, or to politics more broadly, until [...]
Nobody could have known how bad the economy was, but we will fix it July 30, 2024 Morning Wire readers deserve a government that offers a realistic plan to seize growth, support the City to flourish and make every part of the country better off, says Tulip Siddiq We were elected on a mandate to deliver change. That means being honest with the public about the scale of the challenge in front [...]
Businesses no longer want the government to get out of the way July 30, 2024 A new partnership will mean government and business can co-create the opportunities for long-term investment to flow back into the UK, says Iain Anderson
Rachel Reeves reveals plans to cut spending by £5.5bn and address ‘unforgivable’ inheritance July 29, 2024 Rachel Reeves announced spending cuts worth £5.5bn as the new government seeks to address a £22bn black hole in the public finances.