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23 Sep 2022 Economy

BSA comments on the changes to Stamp Duty

Commenting on the changes announced today, Paul Broadhead, Head of Mortgage & Housing Policy at the BSA, said:

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23 Sep 2022 Economy

Response to Kwasi Kwarteng's Budget speech from The Chartered Management Institute

Anthony Painter, CMI's Director of Policy, said:

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23 Sep 2022 Economy

CIOB comment on today's mini budget

The Chartered Institute of Building (CIOB) has reacted to today’s mini budget announcement by the Chancellor of the Exchequer.

23 Sep 2022 Economy

Kwasi Kwarteng Scraps Top Rate Of Income Tax In Major Fiscal Overhaul

Chancellor Kwasi Kwarteng has announced the top rate of income tax is being scrapped as part of a major overhaul of the UK's tax system.

05 Aug 2022 Education

Almost Half Of School Leaders Are Considering Staff Cuts Due To Budget Constraints, New Poll Finds

A significant number of school leaders are considering the possibility of making cuts to staff as a result of inflation, energy costs and pay rises for staff placing unsustainable pressure on school budgets, a new survey has shown.

24 Mar 2022 Economy

Rishi Sunak Is A “Fiscal Illusionist” Who Will Hike Taxes To Highest Level Since The 1950s, Says IFS

A leading economic think talk has labelled Rishi Sunak a “fiscal illusionist” arguing he is raising taxes to levels not seen since the 1950s, despite claiming he is cutting them.

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23 Mar 2022 Transport

Railway industry responds to Chancellor's Spring Statement

The Chancellor Rishi Sunak presented his Spring Statement to Parliament this afternoon (23 March 2022). The Railway Industry Association (RIA), the voice of the UK rail supply community, has responded to his proposals.

23 Mar 2022 Economy

Rishi Sunak Announces 5p Fuel Duty Cut In Spring Statement To Ease Cost Of Living Crisis

The Chancellor Rishi Sunak has announced a cut of five pence a litre in fuel duty to help tackle the cost of living crisis.

22 Mar 2022 Defence

It’s time to increase UK defence spending to 3 per cent

It’s time to review our defence posture and increase our defence spending.

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21 Mar 2022 Transport

Rail industry sets out top priorities for upcoming Spring Statement

The Railway Industry Association (RIA), the voice of the UK rail supply community, has set out what it would like to see from the Chancellor's Spring Statement, taking place this Wednesday (23 March 2022).

29 Oct 2021 Transport

Sunak’s Budget was a crash landing for any hope of making transport greener and cheaper for working people

Just four days before COP26 starts, the Budget was a crash landing for any hopes this government would make transport greener, cheaper and more geared towards the people who rely on it.

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27 Oct 2021 Environment

Chancellor's commitment to levelling up lacks key details on Net Zero, says CIOB

Today’s Autumn Budget saw commitments from Government to strengthen business investment and further encourage levelling up in the UK, however it lacked key details on how Government will drive the Net Zero agenda, the Chartered Institute of Building (CIOB) has said.

27 Oct 2021 Brexit

Brexit Has Made Shortages Worse, Government Told In Budget Analysis

Brexit has made supply chain "bottlenecks" worse in the UK, according to the independent financial watchdog that provides the government with data.

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27 Oct 2021 Economy

Immediate Budget reaction from CMI

The Chartered Management Institute has released its initial reaction to today’s Autumn Budget.

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27 Oct 2021 Home affairs

Bar Council responds to Autumn Budget

Responding to the Chancellor’s Budget and Spending Review today, Derek Sweeting QC, Chair of the Bar Council, said:

27 Oct 2021 Economy

Chancellor Warns The Supply Chain And Energy Crises Will Persist For Months

Rishi Sunak has warned that supply chain disruption that has led to price rises and empty supermarket shelves will continue "for months" amid growing warnings that the country faces shortages in the run-up to Christmas.

27 Oct 2021 Economy

Rishi Sunak Overhauls Business Rates And Universal Credit In His Autumn Budget

Rishi Sunak has claimed the UK's economic recovery from the pandemic is faster than our "major competitors" as he sets out an Autumn Budget that he said included the highest departmental spending in a century.

26 Oct 2021 Economy

Cutting business rates is needed to save our high streets

As Conservative MPs, there are certain issues we constantly hear on the doorstep. The future of bricks-and-mortar retail is one of them.

26 Oct 2021 Health

An additional £8bn funding is needed to help the existing social care system recover

On 7th September, the government announced a new health and social care levy. This will increase National Insurance contributions and raise around £10bn a year – £30bn over the next three years.

26 Oct 2021 Economy

Fresh aid cuts would further diminish Global Britain as a force for good

We are not naive: we’ve both been around the block. One of us negotiated spending settlements with the Treasury as the international development secretary, while the other agreed departmental budgets as chief secretary to the Treasury in the wake of the global finance crisis. So, we know what’s going on in the corridors of power, at this very late stage, on the eve of the Chancellor’s spending review.

26 Oct 2021 Economy

The food and drink industry needs government support as supply chain crisis deepens

As the Chancellor assesses the damage to public spending caused by the pandemic and an economy at the mercy of global headwinds, will this be his moment to assert control and set out how the UK government will “build back better”?

25 Oct 2021 Communities

Michael Gove Is Holding Regular Talks With Top Red Wall MPs To Flesh Out Levelling Up

Michael Gove has told officials in his department to engage directly with the increasingly influential Northern Research Group (NRG) of Conservative MPs on levelling up as he tries to flesh out the government's headline policy.

24 Oct 2021 Economy

Rishi Sunak Insists He Is A Low Tax Tory, But Won't Rule Out Further Rises

Rishi Sunak said he is instinctively low tax, but refused to rule out further rises before the next general election.

19 Oct 2021 Economy

The UK must show it remains a world-leading place to invest

This week the UK will host investors from around the world at the Global Investment Summit. This is not only an opportunity to showcase British investment opportunities, innovation and expertise but it is also an important moment to remind decision makers why the UK has always been a top place to invest and grow.