Oligarch: Putin and Russia won’t be stopped by ineffective sanctions September 26, 2023 Oligarch Oleg Deripaska said Russia and Putin have weathered Western sanctions imposed over the invasion of Ukraine
Labour vows to overhaul apprenticeship levy to improve skills and growth September 25, 2023 Labour has pledged to reform the apprenticeship levy in a bid to encourage firms to improve their employees' skills.
Scrapping HS2 risks wrecking future UK infrastructure, top Tories warn Sunak September 25, 2023 The government risks wrecking the UK’s future infrastructure projects if it goes ahead with “in effect scrapping” the HS2 railway line. Former Chancellor George Osborne and Tory grandee Lord Heseltine have warned Rishi Sunak that failing to complete HS2 would be “an act of huge economic self-harm”. It follows widespread reports the government is considering [...]
Labour pledge to overhaul audit and corporate governance regime September 25, 2023 The Labour Party has said it will pass long-awaited legislation on audit and corporate governance reforms if it wins the next general election.
Hunt’s mooted ISA reforms offer ‘a beacon of hope’ to struggling firms, business groups say September 24, 2023 Top City business groups have welcomed suggestions the Treasury could reform rules around ISAs in a bid to supercharge London-listed firms.
Government would be ‘crazy’ not to reconsider HS2 costs, minister says September 24, 2023 The government would be “crazy” not to reconsider the costs of the HS2 rail project, Grant Shapps has told the BBC. Shapps said Rishi Sunak was prepared to take “difficult long-term decisions” amid reports the Prime Minister is set to axe the northern leg of HS2. The defence secretary told the BBC’s Sunday with Laura [...]
Brexit ‘unpicked’? Starmer defends approach to EU as Tories go on the attack September 22, 2023 The Labour leader insisted there was no case for rejoining the EU, its single market or customs union after the Tories seized on comments suggesting he would not “diverge” from Brussels’ rules.
Starmer rejects ‘great rail betrayal’ tag – but refuses to commit to HS2 in full September 22, 2023 Sir Keir Starmer has insisted he is not guilty of the “great rail betrayal” that Labour has accused the Government of by not committing to building HS2 in full. Chancellor Jeremy Hunt has said the costs of the high-speed rail project to the North are “getting totally out of control” as Rishi Sunak refuses to [...]
Mike Ashley’s Frasers Group drags Morgan Stanley boss to court seeking £50m in damages September 22, 2023 Mike Ashley’s Frasers Group has dragged the chief executive of Morgan Stanley into a UK legal battle over a $1bn (£814m) margin call regarding Hugo Boss trade. In a New York court filing lodged earlier this week, seen by The Telegraph, the retail group asked the court to make James Gorden hand over documents and [...]
Jeremy Hunt: Tax cuts ‘virtually impossible’ until economy improves September 22, 2023 Chancellor Jeremy Hunt has shot down suggestions of tax cuts after a string of economic updates this week, saying they’re “virtually impossible” until there’s more improvement. Speaking on LBC this morning, the chancellor responded to suggestions that falling inflation and rates being held yesterday, may give headroom to ease the burden on cash-strapped Brits this [...]
