NBA Europe set for step forwards as league chiefs near green light September 10, 2025 Today in a New York hotel, the NBA’s executive and representatives of all 30 teams’ ownership will hold the third of their three scheduled annual meetings. On the agenda will be various matters of concern to the world’s biggest basketball league, but the most intriguing item is its plans for the sport in Europe. Subject [...]
No 10 establishes ‘budget board’ to mend fractured business relations September 10, 2025 Sir Keir Starmer has created a “budget board” of ministers and officials in a bid to mend broken relations with businesses and the City – and tighten his grip on economic policy. The group will meet weekly to co-ordinate ‘pro growth policies’ ahead of the looming Autumn Budget on 26 November. It is also expected [...]
Rayner scandal piles pressure on HMRC as tax surveillance force swells September 9, 2025 HMRC has increased the number of staff trained to physically monitor suspected tax evaders, as pressure mounts over Angela Rayner’s £40,000 stamp duty scandal. Official figures, obtained via Freedom of Information (FOI) and shared with City PM, show that 337 staff are now trained in covert surveillance, up from 171 people two years ago, in [...]
Tube strikes: With union ingratitude on full display, will Labour finally change course? September 9, 2025 As Tube strikes bring London to a halt, Labour must realise its pushover relations with trade unions have been to no avail, writes Paul Ormerod.
Race for Labour deputy reignites wealth tax debate September 9, 2025 Labour’s Islington South and Finsbury MP Emily Thornberry has thrown her hat in the ring for Labour deputy leader and proposed a new wealth tax as part of her campaign, prompting Chancellor Rachel Reeves to strike down calls by ruling out its introduction. Thornberry, the former shadow foreign secretary under Jeremy Corbyn’s leadership who now [...]
UK economy dubbed ‘stagflation-lite’ as Starmer talks up ‘patriotic’ growth mission September 9, 2025 The UK economy is not expected to have recorded any growth in the month of July as leading analysts suggest that a lack of clarity over Labour’s future policies are hitting firms – despite a call from the prime minister for ministers to take on a “patriotic duty” to drive growth. Rachel Reeves and Keir [...]
Rachel Reeves’ tax raids drag UK to world’s worst hiring slump September 9, 2025 Chancellor Rachel Reeves’ tax raids on employers have continued to harm the economy with fresh figures showing the UK had the worst hiring slump across the globe. The UK suffered the biggest global drop in year-on-year planned hiring, contracting 17 percentage points. Singapore, Hungary and Finland, which followed, all contracted nine per cent, according to [...]
Starmer’s new team faces same old problem September 9, 2025 Good news from Downing Street as we’re told that economic growth is back on the agenda. Keir Starmer’s revamped cabinet meets for the first time today and the prime minister will apparently tell this bright new team to “step up a gear” and focus on the economy. The briefings that accompanied the wave of new [...]
Meet the new ministers driving Labour’s latest growth mission September 9, 2025 A £25bn fiscal black hole, fading housebuilding hopes and lacklustre productivity growth marked a troublesome end to the first year in office for the new occupants of Downing Street this summer. While the resignation of Angela Rayner – the popular Labour figure who had called for the Treasury to turn left and tax the wealthy – [...]
Brits resort to ‘job-hugging’ as tax hikes bite September 9, 2025 Workers are now resorting to ‘job-hugging’ after last year’s Labour tax raid had a chilling impact on the UK jobs market. The £40bn cash grab, unveiled by Rachel Reeves in last year’s Autumn Budget, has triggered a significant slowdown in hiring and has resulted in substantial job losses nationwide. As a result of these changes, [...]
