Labour could find the money it wants without raising taxes. This is austerity by amnesia | Randeep Ramesh
Starmer and Reeves need a fresh approach to enact their vision, and I have a plan for that. They’re just channelling the ghosts of governments past This summer’s “rebuild, rebuild, rebuild” campaign by the government feels less like a policy programme than a seance. Promising renewal, Keir Starmer
Read More
c2c services transferred to public ownership
All c2c services are now managed by DfT Operator Ltd (DFTO). HM GovernmentSource
Read More
Tread carefully with reform of bank ringfencing, chancellor | Nils Pratley
Ditching the regulation in its entirety risks another financial crisis. Stamp duty on shares remains the background drag Rachel Reeves called it “the biggest set of reforms to financial regulation in a decade”, and, in one narrow sense, her Leeds Reforms would qualify for the description. If the
Read More
Bank of England rolls out looser mortgage rules to help first-time buyers
Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to housing ladder Business live – latest updates The Bank of England has rolled out looser mortgage rules that policymakers hope will help 36,000 more first-time buyers on to the housing ladder
Read More
£75 Million boost for hospices to transform end-of-life care
£75 million to modernise facilities and deliver upgrades to hospices across England including specially adapted beds, rooms, and technology. HM GovernmentSource
Read More
Reed: Government to cut sewage pollution in half by 2030
Sewage pollution from water companies will be cut in half by the end of the decade, the Environment Secretary Steve Reed will pledge today (Sunday 20 July). HM GovernmentSource
Read More
Rachel Reeves must rethink how tax and spend decisions are made after welfare U-turn | Heather Stewart
Binary rules and twice-yearly OBR forecasts have turned chancellor’s moves into grim spectator sport There are many lessons for Labour’s bruised leadership from last week’s embarrassing U-turn on welfare cuts, but one is surely that how – and when – fiscal policy is set is not working. Binary
Read More
What quintessentially British images should go on the new banknotes? Our panel has some ideas | Athena Kugblenu and others
The Bank of England is redesigning money with new themes. So how about Lincoln Cathedral, the London Marathon … or wheelie bins? Continue reading… Athena Kugblenu, David Reynolds, Coco Khan, Connor Myers and Henry BonsuSource
Read More
Bank governor wades into row over Reeves’ focus on fiscal rule forecasts
Andrew Bailey says OBR projections – which the chancellor uses to calculate headroom – shouldn’t be ‘over-interpreted’ The Bank of England governor, Andrew Bailey, has waded into the controversy over Rachel Reeves’s fiscal rules with a warning against “over-interpreting” the Office for Budget Responsibility’s forecasts. The chancellor announced
Read More
Fall in UK GDP puts focus back on expectations of tax rises in autumn budget
Depressing data comes as Rachel Reeves and her team were daring to hope business confidence was recovering UK economy shrinks unexpectedly in blow to Reeves Business live – latest updates May’s unexpected 0.1% decline in GDP will make depressing reading for Rachel Reeves before a tough budget in
Read More