Net zero strategy: The key policies in the Government’s ambitious plan to be more sustainable
However, the Government did not provide any extra measures to help support energy efficiency measures for homeowners, after the failure of its Green Homes Grant last year. …
‘Global Britain’ spin will not save our economy
Number 10 excitedly announced this week that Australian businesses have committed to making £28.5bn of new investments in the UK. It seems that having foreigners snap up British…
70,000 civil servants to go, vows Treasury minister
Government spending has soared to a “high-water mark”, with a Treasury minister promising to slash the number of civil servants by as much as 70,000 and paving…
Take military spending out of the Treasury’s hands
Across Europe, leaders facing grim economic headwinds are meeting the threat posed by Putin’s Russia head on. In Germany, Spain, Italy, Poland, Romania, Sweden and France, leaders…
Defence budget will not rise despite Ukraine war, Rishi Sunak signals
It had previously been suggested that the defence budget may increase amid concerns about the UK’s readiness for war if the conflict in Ukraine draws in Nato…
Sunak pours taxpayer cash into online betting firm
Rishi Sunak has sunk millions of pounds of taxpayer funds into an online betting company and a luxury Caribbean firm selling holidays on private islands as controversy…
Taxpayers left with stake in Bolton Wanderers after £5m pandemic loan turned into shares
Bolton Wanderers, the League One football club, is now part-owned by taxpayers after a £5m pandemic loan was converted into shares. The British Business Bank’s latest update on…
Cabinet split emerges over National Insurance increase
Samuel Tombs of Pantheon Macroeconomics predicted that political factors will encourage Mr Sunak to use his financial wriggle room to cut energy bills instead of delaying tax…
Treasury typo omits £18bn of borrowing from the Budget
The Treasury missed £18bn of borrowing from a key table in its Budget document, it has admitted. The typographical error, which does not affect the Government’s overall…
New Covid grants for hospitality – who is eligible and how to apply
Pubs, restaurants and leisure businesses will be eligible for one-off grants of up to £6,000 in a new package of measures announced by the Treasury. This comes…
‘The grants don’t match reality’ – pubs rebuke Rishi Sunak’s £1bn offer
Pubs and restaurants have rebuked Rishi Sunak’s £1bn leisure and hospitality grant scheme after customers stayed at home en masse this week. Firms across Britain have seen…
Rishi Sunak’s new Covid grants for hospitality businesses – who is eligible and how to apply
Pubs, restaurants and leisure businesses will be eligible for one-off grants of up to £6,000 in a new package of measures announced by the Treasury. This comes…
Rishi Sunak urged to ‘come out of hiding’ to save pubs and restaurants
Michael Kill, chief executive of the Night Time Industries Association, accused the Government of “taking a sledge hammer to what is usually the busiest period of the…
Rishi Sunak told to abandon tax rises as omicron surges
Rishi Sunak has been urged to put a £12bn tax raid on hold after the Bank of England warned that the new coronavirus variant poses a risk…
Steep pay rises for public sector workers pose risk for inflation and NHS, says Treasury
Big public sector pay rises risk fuelling inflation and undermining the Government’s plans to hire more doctors and teachers, the Treasury has said. In a warning shot…