Articles tagged with: Treasury

28 Mar 2022 Brexit

Rishi Sunak Admits Brexit Has Hurt UK Exporters

Rishi Sunak has conceded that Brexit has made exporting to Europe harder, with the chancellor telling MPs that new red tape facing UK businesses is a big reason why they are being outperformed by those in other economies.

15 Mar 2022 Coronavirus

Minister Who Resigned Over Covid Loans Says He “Wasn’t Aware Of Full Horror” Of Fraud Until Much Later

The former Treasury minister who resigned over the government’s failure to tackle fraud in the Covid loan schemes has called on the board of the British Business Bank to resign.

15 Feb 2022 Economy

Treasury Urged To Act Now To Stop Soaring Gas Prices Bringing Factories To A Standstill

Industry groups have issued a warning to government that it is potentially sleepwalking into disaster with soaring gas prices putting factories at risk of being shut down.

26 Jan 2022 Economy

Treasury And Downing Street At War Over Who Is To Blame For Failing To Tackle Pandemic Fraud

Rishi Sunak mounted a fightback in the row over who is to blame for billions in taxpayer cash being wasted after fraudulent claims by businesses during the pandemic.

26 Jan 2022 Economy

There is no case for a National Insurance hike

The Treasury employs plenty of intelligent people, but their collective views and decisions are often wrong.

24 Jan 2022 Economy

Treasury Minister Dramatically Resigns At Despatch Box Over Government's Failure To Tackle Covid Fraud

A Treasury minister has dramatically resigned from his role in protest at how the government has failed to tackle fraud related to pandemic financial schemes.

22 Jan 2022 Political parties

Rishi Sunak Accused Of “Riding Two Horses” As He Defends Boris Johnson With One Eye On Succeeding Him

Chancellor Rishi Sunak has been accused of “trying to ride two horses” by offering the requisite support for the flailing Prime Minister while simultaneously jockeying for position ahead of his colleagues in what seems an increasingly inevitable Tory leadership contest.

21 Dec 2021 Coronavirus

Rishi Sunak Announces Grants Of Up To £6,000 For Businesses Affected By Omicron Variant

The Treasury has announced a £1 billion support package for hospitality and leisure businesses suffering from the impact of the spread of Omicron, which will allow pubs and restaurants to claim up to £6000.

28 Oct 2021 Political parties

Saved By The Bells: The Influential Twin Brothers Who Have Held Some Of The Biggest Jobs In Westminster

Torsten and Olaf Henricson-Bell have built extraordinary careers in Whitehall and Westminster, but many believe they could go even further.

27 Oct 2021 Economy

All The Key Announcements From Rishi Sunak's 2021 Autumn Budget

Chancellor Rishi Sunak has delivered his Autumn Budget with major announcements on Universal Credit, Alcohol Duty and Business rates. Here are all the major policies announced in his £150bn spending rise.

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.

23 Oct 2021 Economy

Rishi Sunak Faces A Tightrope Walk Of Pleasing Wary Tories And Reversing Austerity With His Budget

Rishi Sunak is facing a tough balancing act with this week’s Budget, where he will be hoping to please the public with spending, while keeping his fiscally prudent fans in the Conservative party on side.

21 Oct 2021 Economy

Treasury And BEIS Wrangling Leaves Industry Waiting For Emergency Gas Price Support

The failure of government departments to agree on how best to support industries affected by soaring gas prices has left impacted sectors waiting for help which they say is needed urgently.

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21 Oct 2021 Environment

Budget 2021: MPA calls for targeted spending in 4 key areas

The Mineral Products Association is calling on the Chancellor to do the right thing in four key policy areas in its budget submission ahead of the 2021 Budget and Spending Review on 27th October.

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30 Sep 2021 Home affairs

Crown Court backlog increases again to over 60,000 cases

15 Jun 2021 Coronavirus

Labour Launch Bid To Force Ministers To Publish Documents Behind Rejected School's Catch-Up Fund

Labour will today use a Commons vote to attempt to force ministers to publish texts, emails and any other documents discussing their reasons for rejecting a £15bn education support package.

22 Apr 2021 Political parties

David Cameron Texted Treasury’s Most Senior Civil Servant To Lobby For Greensill

The most senior civil servant in the Treasury has admitted that David Cameron personally lobbied him over Greensill Capital.

03 Mar 2021 Health

Brexit, Welfare And Social Care: Everything Missing From Rishi Sunak's Budget Plans

Chancellor Rishi Sunak's Budget included some major announcements, but there were also some conspicuous absences too. PoliticsHome points out the gaps.

26 Feb 2021 Coronavirus

Labour And Tory MPs Unite In Budget Row Over Rishi Sunak's Tax Rises

Reports Rishi Sunak is planning on raising taxes in the Budget have united Labour’s leadership with Tory backbenchers who oppose it, creating a potential headache for the government.

23 Feb 2021 Coronavirus

Pubs Say They Won't Make It Out Of Lockdown Without Cuts To Beer Tax, VAT And Rates

The hospitality industry is warning without a raft of financial support in next week's Budget, businesses won’t make it until re-opening dates in the government’s roadmap to easing lockdown.

02 Feb 2021 Economy

‘Buy Now Pay Later’ Lenders Klarna and Clearpay Are Facing A Government Crackdown After Harm Warnings

The government has announced a crackdown on ‘Buy Now Pay Later’ (BNPL) services such as Klarna and Clearpay that allowshoppers to pay for the purchase in interest-free installments.

26 Nov 2020 Economy

Rishi Sunak Has Defended Scrapping The Overseas Aid Pledge And Won't Rule Out Breaking More Tory Manifesto Commitments By Raising Taxes

The Chancellor Rishi Sunak has refused to rule out breaking more Tory manifesto commitments after going back on his party’s pledge to spend 0.7% of GDP on overseas aid.

14 Oct 2020 Coronavirus

Pleas For Extra Cash From Regions Under Tier 2 Restrictions Have Been Rejected By The Treasury

Chancellor Rishi Sunak will not hand out any more funding to English regions under Tier 2 lockdown restrictions as speculation grows that leaders are going to be pushed into the stricter Tier 3 level by the government within days.

13 Oct 2020 Coronavirus

Regions Under Tier 2 Covid Restrictions Are Demanding Millions From The Treasury To Save Their Businesses

Tier 2 local authorities will this week ask the Treasury for millions of pounds to help their businesses cope with the fallout from tighter coronavirus restrictions and run local contact tracing.