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Treasury

  • HMRC’s plans for second self-assessment helpline closure sparks outrage

    October 18, 2023

    HMRC is preparing for another closure of its tax self-assessment helpline after it gave users just 48 hours warning, MPs have been told.

  • Break up Treasury and scrap cabinet secretary job, civil service review to urge

    October 17, 2023

    The Treasury should be broken up and the cabinet secretary role should be scrapped, a review of the civil service is expected to urge.

  • Liz Truss allies set to publish ‘growth budget’ days ahead of autumn statement 

    October 15, 2023

    Liz Truss allies are set to publish their so-called ‘growth budget’ just days ahead of Jeremy Hunt’s autumn statement. The former Prime Minister, who spent just 49 days in power, set up the Growth Commission after leaving Downing Street in a bid to challenge what she termed ‘Treasury orthodoxy’. Now the task force has announced [...]

  • Rachel Reeves to claim ‘party of business crown’ with Labour conference speech  

    October 8, 2023

    Labour are gunning for the ‘party of business’ crown as Rachel Reeves prepares to unveil a string of policies on planning, building and investment in a bid to woo the private sector. Speaking at Labour conference in Liverpool, the shadow Chancellor will pledge to speed up the race to get critical infrastructure built, drive growth, [...]

  • Hunt: London’s stock market can rise above Nasdaq

    October 3, 2023

    London’s stock market “can actually do better than Nasdaq” in some areas, Jeremy Hunt said today, as the government and regulators scramble to boost the appeal of the City amid a drop in public listings.

  • Rishi Sunak refuses to say if HS2 to Manchester is being scrapped – six times

    October 3, 2023

    Rishi Sunak has refused to confirm whether HS2 to Manchester is being scrapped six times while being grilled in a live interview. The Prime Minister insisted to BBC Breakfast he had “absolutely not” given up on the multi-billion pound rail scheme which has dominated the Conservative Party Conference. “We’ve got spades on the ground on [...]

  • Hunt announces civil service hiring freeze as he aims to shrink the state

    October 2, 2023

    Chancellor Jeremy Hunt today announced a freeze on civil service recruitment and pledged to shrink the size of the state.

  • Pay boost for 2m workers as Hunt to confirm living wage rises to £11 an hour

    October 2, 2023

    Workers could see their pay packets feel heavier as Jeremy Hunt is set to announce a rise in the national living wage to at least £11 an hour.

  • Normal service resumed? CBI boss tells corporate Britain she’s turned the page on scandal

    October 2, 2023

    Rain Newton-Smith is well respected in the City but scandals and questions over its long-term utility have left the CBI in a pinch

  • UK ‘committed to working closely’ with the EU as City firms fear post-Brexit red tape

    September 27, 2023

    The City minister has said the UK is "committed to working closely" with the EU on financial services rules today amid fears that growing divergence between UK and EU regulators will increase the regulatory burden on City firms.

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