Rishi Sunak should cut national insurance and make investment relief permanent, report argues June 28, 2023 Prime Minister Rishi Sunak and Chancellor Jeremy Hunt should cut companies’ national insurance contributions and make the temporary business investment tax relief permanent, an influential think tank has argued in a radical blueprint to overhaul the UK’s tax regime. Employers’ should be subjected to a 12.8 per cent national insurance levy, one percentage point lower [...]
Johnson’s ‘unambiguous’ breach over Daily Mail column shows need for reform, Tory peer warns June 27, 2023 Boris Johnson’s “unambiguous rule breach” over his Daily Mail column shows the urgent need to reform the approach to post-ministerial jobs, the government has been warned. Advisory Committee on Business Appointments (Acoba) chairman Lord Eric Pickles wrote to deputy prime minister Oliver Dowden with his concerns today. The Conservative peer said the former prime minister’s [...]
Tories won’t probe groping claim against London mayoral hopeful Daniel Korski June 27, 2023 The Conservative Party has indicated it won’t open an investigation into an allegation of sexual assault by Tory mayoral candidate Daniel Korski. The party told the PA news agency that it “does not conduct investigations where the party would not be considered to have primary jurisdiction”. Daisy Goodwin, a TV producer and novelist, wrote in [...]
Jeremy Hunt to sign ‘milestone’ financial services agreement with EU June 27, 2023 Chancellor Jeremy Hunt will today sign a long-awaited deal with the European Union on improving regulatory cooperation for financial services, in a move that Hunt said will boost the City as a “global financial services hub”. Hunt and EU financial services commissioner Mairead McGuinness will sign a Memorandum of Understanding (MoU) at the European Commission [...]
Covid-19 inquiry: No-deal Brexit prep stopped intensive care drugs ‘running out’, says Matt Hancock June 27, 2023 Preparations for a no-deal Brexit meant vital intensive care drugs were prevented from running out during the pandemic, Matt Hancock has told the UK Covid-19 Inquiry. Crucial medicines were “within hours of running out” in the midst of the coronavirus crisis, the former health secretary said while giving evidence to the UK’s official inquiry. Asked [...]
Bank of England and Rishi Sunak fail to win over investors on inflation fight June 27, 2023 Investors are sweating over Britain’s inflation problem running out of control and the Bank of England being unable to solve it any time soon, exclusive research for City PM has revealed. More than a year of raging prices has eroded confidence in policymakers’ ability to ease the cost of living crisis. Some 56 per cent [...]
Tory mayor candidate denies groping allegation in ‘strongest possible terms’ June 26, 2023 A potential Tory candidate for mayor, Daniel Korski, has denied allegations he groped a woman whilst an adviser in Number 10 in the “strongest possible terms” via a spokesperson. Daisy Goodwin, a TV producer and novelist, wrote in The Times that Korski grabbed her breast during a meeting in Downing Street in 2013. A spokesperson [...]
NHS bosses urged to ‘get a grip’ as report finds health service falling behind peers June 26, 2023 NHS leaders have been urged to “get a grip on budgets” as researchers suggested Britain’s health service was falling behind comparable nations. Health think tank the King’s Fund found the UK had “below-average health spending per person” and “lags behind other countries in its capital investment”. And hospitals have “substantially fewer key physical resources” like [...]
AI can be ‘force for good’ but needs regulation, says Keir Starmer June 26, 2023 Artificial intelligence (AI) can be a “force for good”, Sir Keir Starmer has told a UK-India summit in Westminster. The Labour leader said the invention was an “incredible form of technology” being developed “at pace” – but that the UK needed to develop regulations to monitor its application. Speaking at the UK India week 2023 [...]
RAF intercepted 21 Russian planes in last 21 days as ‘stark reminder’ of Nato’s importance June 26, 2023 RAF planes in the Nato alliance have intercepted 21 Russian jets in as many days, as the Kremlin’s war in Ukraine continues to dominate Europe. Royal Air Force Typhoon jets, which are part of Nato’s Quick Reaction Alert system in Estonia were scrambled daily over the last three weeks, as Moscow continues to provoke European [...]
