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Mon, 20 May 2024

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Articles tagged with: Economy
All The Major Announcements In Jeremy Hunt's Autumn Statement
Economy
All The Major Announcements In Jeremy Hunt's Autumn Statement
Chancellor Jeremy Hunt promised "stability, growth and public services" in a major Autumn Statement laying out the government's spending plans, including increases to tax and cutbacks on public spending.
Austerity is going to be hard for everyone – is it time to reform our tax system?
Economy
By Professor Gulcin Ozkan
Austerity is going to be hard for everyone – is it time to reform our tax system?
It is widely anticipated that today’s Autumn Budget Statement will entail a reduction in spending and rises in taxes in the range of £50bn.
The Chancellor must not balance the Budget on the backs of the poor
Economy
By Patrick Watt
The Chancellor must not balance the Budget on the backs of the poor
If you go into most churches across the United Kingdom – not just on a Sunday but on any day of the week – you’ll find people on the frontline of the response to the cost of living crisis.
Rishi Sunak Says UK And Global Inflation Rates Are “Utterly Political”
Foreign affairs
Rishi Sunak Says UK And Global Inflation Rates Are “Utterly Political”
Prime Minister Rishi Sunak has said the economic shocks experienced by countries across the world are “inherently global” in his first press conference at the G20 Summit this morning as the Office For National Statistics announces record high inflation rates.
The energy crisis won’t end when winter does – the Chancellor must make sure no one is left behind
Economy
By Dame Clare Moriarty
The energy crisis won’t end when winter does – the Chancellor must make sure no one is left behind
Volatile energy prices and the soaring cost of living have shaken households across the country. We’re helping almost two people every minute with crisis support.
Partner content
Economy
By Chartered Management Institute
The Budget 17th November: CMI look ahead
The Chartered Management Institute has issued a comment ahead of the Budget on Thursday.
Millions invested to green Cumbrian homes Partner content
Economy
By Home Group
Millions invested to green Cumbrian homes
Work has started to transform 90 homes in Allerdale into some of the most environmentally friendly and efficient homes in the UK.
A new era of austerity is a political choice that must be rejected
Economy
By Liz Saville Roberts MP
A new era of austerity is a political choice that must be rejected
A new era of austerity is dawning. We’ll be told it’s for our own good. Don’t be fooled again.
Rishi Sunak 'Confident' About Reducing Number of Migrants Crossing Channel Next Year
Home affairs
Rishi Sunak "Confident" About Reducing Number of Migrants Crossing Channel Next Year
Prime Minister Rishi Sunak is "confident" the government can reduce the record numbers of people crossing the Channel next year after signing a major deal with the French government to try to tackle the issue, but "cannot guarantee" it.
Jeremy Hunt Says 'We're All Going To Be Paying A Bit More Tax' Ahead Of Budget
Economy
Jeremy Hunt Says "We're All Going To Be Paying A Bit More Tax" Ahead Of Budget
The Chancellor has warned there are going to be "very difficult decisions" in next week's fiscal statement but insisted the UK was "resilient".
We must protect the triple lock on pensions ahead of a difficult winter
Economy
By Lord Sharkey
We must protect the triple lock on pensions ahead of a difficult winter
In the chaos of the last three Prime Ministers, one group has suffered considerably from the uncertainty – our pensioners.
Rishi Sunak is exactly what our country needs to get us through this economic crisis
Economy
By Sir Robert Neill MP
Rishi Sunak is exactly what our country needs to get us through this economic crisis
Bounced from one crisis to the next – a number entirely out of anyone’s control, but too many of our own making – the prophetic words of Robert McNamara, the United States secretary of defence for much of the turbulent 1960s, have rung true more often than I’d care to admit over the last twelve months.
Rishi Sunak Defends Suella Braverman Appointment Despite Security Breach In First PMQs
Political parties
Rishi Sunak Defends Suella Braverman Appointment Despite Security Breach In First PMQs
Rishi Sunak has used his first Prime Minister's Questions to defend his reappointment of Home Secretary Suella Braverman less than a week after she resigned over a security breach, claiming she had made an "error of judgement" for which she has apologised.
Government Spending Plans Delayed Until 17 November
Economy
Government Spending Plans Delayed Until 17 November
Downing Street has confirmed that Chancellor Jeremy Hunt will delay an announcement of the government's spending plans that was due on 31 October until 17 November.
Liz Truss Says She Is 'Completely Committed' To Retaining The Pensions Triple Lock
Economy
Liz Truss Says She Is "Completely Committed" To Retaining The Pensions Triple Lock
Liz Truss has said pensions will increase in line with surging inflation after reports she was considering dumping the commitment.
Jeremy Hunt Says UK Faces Financial Challenges Of 'Eye Watering Difficulty' After Tearing Up Budget
Economy
Jeremy Hunt Says UK Faces Financial Challenges Of "Eye Watering Difficulty" After Tearing Up Budget
Chancellor Jeremy Hunt has confirmed a major overhaul of Liz Truss and Kwasi Kwarteng's "mini-Budget" to the House of Commons, including an indefinite freeze to income tax and a review of the energy support package after six months.
Jeremy Hunt Announces Reversal Of 'Almost All Tax Measures' From Mini-Budget
Economy
Jeremy Hunt Announces Reversal Of "Almost All Tax Measures" From Mini-Budget
Chancellor Jeremy Hunt has rolled back "almost all tax measures" in the "mini-Budget" with an emergency intervention in an attempt to restore the government's economic credibility.
Kwasi Kwarteng Sacked As Chancellor In Major Blow To Liz Truss's Premiership
Economy
Kwasi Kwarteng Sacked As Chancellor In Major Blow To Liz Truss's Premiership
Liz Truss has sacked Kwasi Kwarteng from his Cabinet role of Chancellor after the government was forced to rip up key sections of his "mini-Budget" in the wake of two weeks of economic chaos.
Treasury Committee Chair Calls For 'Fundamental Reset' As Chancellor Dashes Back From US
Economy
Treasury Committee Chair Calls For "Fundamental Reset" As Chancellor Dashes Back From US
Senior Conservative MP Mel Stride has said Chancellor Kwasi Kwarteng should "row back" on tax plans that have unleashed economic chaos in to restore confidence in the financial markets.
We need a strategy to bring inflation under control
Economy
By Harriett Baldwin MP
We need a strategy to bring inflation under control
In Greek mythology, Cassandra was a priestess who was given the power by the gods to make true predictions, only for no one to believe her.
Growth comes from the efforts of all – not from trickle-down economics
Economy
By Pat McFadden MP
Growth comes from the efforts of all – not from trickle-down economics
Credibility, like reputation, is built slowly over years but can be destroyed very quickly. That is what has happened to the Conservative government in the wake of its disastrous “mini-Budget” on 23 September.
It would be morally wrong to deliver a real-terms benefit cut for the most vulnerable
Economy
By John Glen MP
It would be morally wrong to deliver a real-terms benefit cut for the most vulnerable
Following four and a half years as city minister, with another year as PPS to former chancellor (now Lord) Philip Hammond, not walking into HM Treasury in Horseguards every morning will take some adjustment.
As a former mortgage broker, rates are nothing of the magnitude we saw in the 2008 crisis
Economy
By James Cartlidge MP
As a former mortgage broker, rates are nothing of the magnitude we saw in the 2008 crisis
As a mortgage broker during the 2008 credit crunch, my memory is seared with those extraordinary days when email alerts of products being withdrawn piled in.
Leading Economists Insist Government Financial Plans Worsened Economic Chaos
Economy
Leading Economists Insist Government Financial Plans Worsened Economic Chaos
Several leading economists have told MPs they believe there is "absolutely a UK component" to the current market chaos after ministers blamed global financial pressures rather than their controversial "mini-budget".