The No. 10 team is preparing for a possible defeat at the Labour Conference, where a vote will be held to condemn cuts in winter fuel allowances. Major trade unions
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The Office for Budget Responsibility’s crystal ball shows that Britain will be a very different place in 50 years. It is indeed grim. The government’s independent watchdog on spending predicts
The French government has requested more time from the European Commission to present its plans for debt reduction and deficit reduction. This comes as Michel Barnier, the new prime minister,
Michel Barnier, former Brexit negotiator for the EU, now chosen as France’s prime minister in order to avoid a crisis of political nature, hasn’t always been kind towards his new
Italy doubled its flat tax on foreign income for new residents. This is a blow for wealthy expats who are fleeing higher taxes elsewhere in Europe. The cabinet of Prime
Rachel Reeves accused Jeremy Hunt on Monday of lying about the condition of the public finances. This escalated a dispute with the Conservatives, who claimed that they had left a
After Labour’s overwhelming victory in the general election this month, optimism among senior executives of some of Britain’s largest businesses has increased. According to Deloitte’s latest survey, chief financial officers
According to a BritishAmerican Business trade association, tax has surpassed political stability as the number one reason US companies cite for not wanting to invest in the UK. The index
Babcock has suffered losses that nearly doubled, to £190million, on its attempt to build cheap warships in Britain. Five Type 31 frigates that were supposed to cost £1.25bn are the
A shake-up that aims to increase the average pensioner’s savings by £11,000 could benefit the more than 15,000,000 people in the UK who contribute to workplace pension schemes. The king
The International Monetary Fund upgraded its growth forecasts for the UK’s economy in this year. This is a major boost to the Labour Government, just weeks after the General Election.
The alliance of far-left parties that won the majority of seats in the French parliamentary elections on Monday suspended all talks with their partners, throwing the efforts by the left
Sir Keir started a tour in Scotland, Wales, and Northern Ireland, and Britain’s newly appointed prime minister promised to “reset the relations” between Westminster and UK’s nation. In this week’s
Official data shows that the number of people forced to pay income tax in Britain has risen by an estimated 4,4 million in just three years due to the government’s
Shadow business secretary said that Labour would prefer stability in the UK-Europe relationship than to try and accelerate economic growth through joining the EU’s customs union or single market. Jonathan
Labour would oppose renationalising Thames Water. The utility company is in trouble and has a very uncertain future. Jonathan Reynolds, shadow secretary for business and trade, said that “people shouldn’t
