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Treasury

  • Jeremy Hunt signs ‘groundbreaking’ financial services agreement with Switzerland

    December 22, 2023

    Chancellor Jeremy Hunt has signed what he called a “groundbreaking” deal with Switzerland on financial services.

  • How do the latest borrowing figures impact Hunt’s tax cut calculations?

    December 21, 2023

    The Treasury borrowed £14.3bn in November, which was nearly £1bn less than this time last year but comfortably higher than economists had expected.

  • Labour’s £28bn growth plan would see tax rises, Treasury minister argues

    December 16, 2023

    Labour’s plans to borrow £28bn to invest in decarbonisation and green energy would lead to tax rises, the chief secretary to the Treasury has argued.

  • Covid inquiry: Sunak denies describing ‘clash’ between economy and public health

    December 11, 2023

    Rishi Sunak denied describing a “clash” between the economy and public health during the Covid-19 pandemic, the official UK inquiry has heard.

  • More than half of London’s bank branches have shut since 2015

    December 1, 2023

    The capital has seen 745 branches - or 58 per cent - close down in the past eight years, data from Which.co.uk revealed.

  • Alistair Darling dies aged 70: Heartfelt tributes paid to ‘one of the great chancellors’

    November 30, 2023

    Former Labour Chancellor Alistair Darling has died aged 70, his family have confirmed.

  • Government ‘does not have any spending plans’ after March 2025, OBR chief says

    November 28, 2023

    MPs scrutinised the OBR after its latest round of forecasts.

  • Treasury minister fails to rule out further tax cuts ahead of election

    November 26, 2023

    A senior government minister has not ruled out the possibility of more tax cuts ahead of a general election, stating that the Autumn Statement had “set the direction of travel”.

  • ‘A common sense move’: Boost for retail investors as Hunt confirms ISA shake up

    November 22, 2023

    Jeremy Hunt has confirmed a sweeping shake-up of the UK’s individual savings account (ISA) regime today in a bid to free up cash to flow into the company’s equity markets.

  • OBR downgrades UK growth prospects as higher interest rates bite

    November 22, 2023

    The Office for Budget Responsibility (OBR) has downgraded its growth forecasts for the UK economy over the next couple of years as higher interest rates bite.

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