Tag

22 Mar 2023 Economy

Jeremy Hunt may be a safe pair of hands but Britain’s economic prospects remain bleak

The backdrop to last week’s Budget was particularly difficult for the Chancellor. It is harder for him to deliver a falling debt to GDP ratio than for any of his successors since 2010, when the Office for Budget Responsibility (OBR) was first set up.

17 Mar 2023 Economy

Faced with the highest tax burden for 70 years, the Budget fails to put Britain on a path to prosperity

This budget took place against a bleak backdrop: The forecast from the Office for Budget Responsibility (OBR) showed a worsening cost of living crisis with real wages falling at the fastest rate since records began.

Partner content

15 Mar 2023 Economy

CIOB response to today's budget

Eddie Tuttle, Director of policy, external affairs and research at CIOB said:

15 Mar 2023 Economy

Jeremy Hunt Overhauls Childcare And Pensions In Spring Budget As UK Avoids Recession

Chancellor Jeremy Hunt has said the UK is not entering a "technical recession" as he delivered his Spring Budget to MPs in the House of Commons on Wednesday.

15 Mar 2023 Economy

Jeremy Hunt Scraps Lifetime Cap On Pension Allowance

Chancellor Jeremy Hunt has scrapped the £1m cap on the pension lifetime tax allowance in a bid to incentivise over 55s, particularly doctors, to stay in the workplace.

14 Mar 2023 Economy

Jeremy Hunt Considered A Windfall Tax "Price Floor" For Oil And Gas Companies

Changes to the Energy Profits Levy that would introduce a “price floor” for the windfall tax have been under consideration in the Treasury, following concerns investment in the North Sea is at risk, PoliticsHome understands.

The economic and environmental case for greenshoring

Partner content

14 Mar 2023 Environment

The economic and environmental case for greenshoring

Bringing our supply chain closer to home can provide an economic and environmental boost for the UK.

13 Mar 2023 Health

Government must invest in the nation's health to help the economy

While the Spring Budget may lack the high drama accompanying November’s Autumn Statement, it would be a mistake to underestimate the challenges facing the Chancellor.

13 Mar 2023 Economy

The Chancellor must step up support for whisky distillers suffering from rising energy costs

When you imagine energy-intensive businesses, there are obvious examples that spring to mind. Images abound of grand factories and industrial towns, steel producers and mass manufacturers.

Partner content

13 Mar 2023 Economy

INDUSTRY VOWS TO BACK UK ECONOMY, BUT WARNS AGAINST ANTI-GROWTH TAX RISES AND REGULATIONS

The Betting and Gaming Council today vowed to back the economy by delivering on the Government’s economic plan of ‘Enterprise, Education, Employment and Everywhere’, but warned against measures which would threaten growth, jeopardise jobs, or undermine the customer experience for millions of punters.

01 Mar 2023 Economy

The Spring Budget must support the hospitality industry to spearhead the UK’s economic revival

Unless traipsing through the remotest parts of far-flung constituencies, and perhaps even then, you’re never too far from a welcoming pub or restaurant that’ll serve you food and drink, or a venue that’ll provide entertainment and a warm space to relax.

21 Feb 2023 Culture

The show must go on: an interview with Kate Varah

National Theatre executive director Kate Varah is fiercely proud of the institution and the levelling up opportunities it offers for the country. However, with a series of economic challenges on the horizon following Covid, she tells Nadine Batchelor-Hunt she’s concerned about the “headwinds” it is facing.

Partner content

20 Feb 2023 Environment

Sustainability transitions: catalysing innovation in the foundational economy for a green and just future

The UK is making progress to achieve net zero, with the latest findings indicating that UK emissions in 2021 fell below 2019 levels. These efforts, however, are still identified as insufficient for fulfilling the Paris Agreement. To lead the way towards a green and just future, regional and urban areas are developing ambitious strategies to reduce emissions and improve social conditions. Such approaches will likely be required to address the significant environmental, social and economic pressures that have occurred since 2019. In this article, Usman Aziz, Professor Elvira Uyarra, and Dr Josephine Mylan from The University of Manchester analyse international best practice of sustainability policies in city-regions and the lessons that can be drawn from them.

16 Feb 2023 Economy

The UK’s workforce is being squeezed on multiple fronts – government and business must respond

Since the start of the pandemic, economic inactivity has increased by about 570,000 people, as seen in the ‘help wanted’ signs on high streets across the country.

15 Feb 2023 Environment

Competitive decarbonisation is the only way to save our industrial communities

Today, we are launching a cross-party and cross-industry commission to explore how the United Kingdom can reach net zero without undermining the competitiveness of British industry.

13 Feb 2023 Economy

We must work to help unlock the potential of apprenticeships

Governments around the world are grappling with some huge challenges, but this feels especially acute here in the UK.

Top Stories: UK Narrowly Avoided Recession, Labour Win Large Majority In By-Election

10 Feb 2023 Economy

The UK economy narrowly avoided recession at the end of last year, with the Office for National Statistics (ONS) reporting that economic output in the last three months of 2022 was flat at 0 per cent.

07 Feb 2023 Economy

Britain’s unaffordable and dysfunctional childcare system is forcing women out of work

If the United Kingdom’s economy is to advance and flourish, then it must mobilise the full potential of its people. That includes mothers.

06 Feb 2023 Economy

We must scrap the unliveable Apprenticeship Minimum Wage

The National Minimum Wage has benefitted millions of Brits. When it was introduced in 1999 it was met with scepticism in some quarters, fearing that employers would cover their costs by scaling back on investment.

Partner content

02 Feb 2023 Economy

BSA comments on the increase in the Bank Rate to 4%

Commenting on the increase in the Bank Rate from 3.5% to 4.0%, Paul Broadhead, Head of Mortgage & Housing Policy at the BSA said:

30 Jan 2023 Communities

Building more homes is vital to stop rising rents pushing workers out of cities

If you happened to have glanced at any London property portal recently you will be lucky to find a reasonably priced home to rent for under £900 per month, per person, in and around central London.

28 Jan 2023 Economy

Tory MPs Urge Rishi Sunak To Show "Imagination" As Party Shows Little Sign Of Recovery

Restless Conservative MPs are urging Rishi Sunak to set out a more ambitious policy agenda as anxiety grows that the Prime Minister has seemingly failed to move the dial on the party's popularity since entering Downing Street.

27 Jan 2023 Economy

Jeremy Hunt Calls On Early Retirees To Work Again, Questions Over HS2 Future

Chancellor Jeremy Hunt has called on people who retired early to reconsider joining the workplace, as he declared that “Britain needs you”.

27 Jan 2023 Economy

The Treasury’s role in helping sanctioned Russian warlord exposes our failure to tackle lawfare

You could almost hear the sound of dropping jaws. The news that Her Majesty’s Treasury helped lawyers bypass sanctions to help the boss of Russia’s brutal Wagner Group pay legal costs provoked outrage and disbelief in equal measure.