Politics

AstraZeneca wants up to £100m in government assistance to expand its vaccine production facility located in the northwest of England. The UK's largest public company, which is also the most valuable in the world, plans to submit an…

BlackRock warned that the prospect of pre-election tax reductions and spending promises could lead to a return of "bond vigilantes", and an increase in bond sales. The asset manager said that the investor appetite for debt in developed…

The income tax revenue has risen by 70 percent since 2010, to £264 billion. This shows the dramatic increase in tax burden that successive Conservative governments have overseen since they came to power. HM Revenue & Customs figures…

The American entertainment company that had been backing a 21,500 capacity Sphere venue in East London has dropped the project, claiming it became a "political ball" between the London mayor and the London government. Sphere…

On Sunday, UK Prime Minister Rishi sunak and Labour Leader Sir Keir starmer squared off for a "fight", as they set the battle lines for the general election to be held this year. Sunak said that the Conservatives will cut taxes on…

The UK chancellor Jeremy Hunt announced that the Spring Budget 2024 will take place on 6 March, leaving the door open for a potential early general election to be held in May. Hunt will announce tax cuts before the budget. He hopes this…

After ministers in Edinburgh tried to cut back on public services while funding a council tax freeze, they decided to tax higher earners in Scotland. Shona Robertson, Scotland's Finance Secretary, announced that a new, "advanced", 45p…

According to a cross-party group, the UK government was unable to prove that taxpayers received value for money on the £259bn it spent in public procurement between 2021-22. In a damning report published on Wednesday by the House of…

A trade group has cautioned that Michael Gove's proposal to limit ground rentals in England and Wales may expose the government to multi-billion pound compensation claims from institutional investors. The UK's levelling up minister has…

The UK has struck a proposed pay deal with unions representing senior doctors, potentially ending six months of strikes that have worsened waiting times in the National Health Service. While the British Medical Association said Monday…

The German government has suspended indefinitely a vote about the country's 2024 budget as the crisis in fiscal policy, which is the largest economy in the eurozone, worsens. The three coalition parties representing Olaf Scholz, the…

Chancellor Jeremy Hunt is set to unveil a new package of growth reforms at the autumn statement next week. Two people familiar with the plan say that the Pension Protection Fund (Pension Protection Fund) will be given new power to…

Rishi Sunak shocked Westminster on Monday when he restored David Cameron to his political frontline in the role of foreign secretary. This was part of a dramatic cabinet restructuring that also saw controversial home secretary Suella…

Rachel Reeves, shadow Chancellor of Labour, said that a Labour government would end the stealthy raids on working household incomes and provide businesses with lasting tax relief for investment. She also pledged to address poor living…