100,000 civil servants to walk out on Budget Day, union says February 7, 2023 Around 100,000 civil servants are set to strike on Budget Day, their union has announced, amid a campaign of walkouts over pay disputes. The Public and Commercial Services Union (PCS) said it was escalating action after a “lack of movement” from the government over its concerns over pay, pensions and job security. Walkouts will take [...]
Left in the dark: Business chiefs fear redundancies after energy relief update delayed December 20, 2022 Business leaders have accused the government of leaving firms in the dark over energy bill support, after ministers push back an announcement of what aid will be on offer later next year. The government had previously said it would update businesses before the end of the year on energy bill relief from April 2023, when [...]
Major City report sheds light on ‘class ceiling’ blighting financial services November 30, 2022 A major City report into social mobility has called to “break the ‘class’ ceiling” and get more people from non-professional backgrounds in boardrooms. The industry must “act now” to make the workforce more socio-economically diverse, with a lofty goal of at least half senior leaders in financial and professional services being from that background by [...]
Businesses call on Chancellor to boost regional growth by investing in tourism November 14, 2022 Businesses have called on Chancellor Jeremy Hunt to boost regional growth by investing in travel and tourism. Advocacy group BusinessLDN has called for the reintroduction of VAT-free shopping for international arrivals, as well as ramping up Border Force personnel to speed up queues at airports and ease visa processes for low-risk visitors such as children. [...]
Travel sector calls on Chancellor to ensure industry’s recovery in next week’s Budget November 11, 2022 The travel sector has called on Chancellor Jeremy Hunt to ensure the industry can “recover and thrive” as the UK gets ready for next week’s Autumn Statement. “Getting the right tax and policy framework would see travel businesses continue to build on a decent summer, paving the way for strong recovery, which would support jobs, [...]
Chief sec to the Treasury: ‘I’m not going to apologise’ for mini-budget – but ‘no one’s perfect’ September 29, 2022 The chief secretary to the Treasury has said he’s “not going to apologise” for the mini-budget, as he hits back at the International Monetary Fund’s criticism this morning. Chris Philp said he “respectfully disagrees” with the IMF, which said the tax cuts would create more inequality in Britain, while speaking on Sky News this morning. [...]
‘Left in limbo’: Pubs and brewers disappointed as alcohol duty legislation pushed back July 21, 2022 Brewers and pubs have been “left in limbo” after the government has announced delays to the next phase of changes to the alcohol duty system. Draft legislation was set to be published this summer, to be consulted on before being introduced through the 2022/2023 finance bill. Ministers have been looking at how to introduce changes [...]
Treasury still keen on state-backed NFT despite crypto crash and government upheaval July 18, 2022 The UK Treasury is still devoted to creating a state-backed NFT with the Royal Mint despite the recent crypto crash and resignations of key ministers supporting this project. HM Treasury reiterated its dedication to the state-backed NFT. “We are still committed to introduce an NFT, working with the Royal Mint. This work is ongoing, and [...]
Thousands of civil service jobs at risk as Treasury drives down headcount April 10, 2022 As many as 40,000 pandemic-related civil service jobs could be cut as the Treasury tries to limit its soaring headcount.
Hospitality venues receive less than half of £635m Omicron support package April 4, 2022 Hospitality businesses in England received less than half of a £635m support package promised at the end of last year to make up for Omicron cancellations. Just £305m was paid out less than three weeks before the final cut off, analysis by the Altus Group revealed. The Treasury had announced one-off grants worth up to [...]