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OBR to deliver forecast in coming weeks after meeting with PM and Chancellor

The Office of Budget Responsibility (OBR) said it will deliver an “independent” forecast of the Government’s controversial economic plan following a meeting with the Prime Minister and Chancellor. The unusual meeting between Liz Truss, Kwasi ...

30 Sept 2022 at 13:11

OBR ‘scrutiny’ valued say Truss and Kwarteng as forecast publication date given

The Government will “work closely” with the Office for Budget Responsibility (OBR) in the coming weeks after a key meeting between the Prime Minister, Chancellor and officials from the independent spending watchdog. The unusual meeting ...

30 Sept 2022 at 14:08

Former minister Andrew Griffiths cannot see child for time being – judge rules

A former Conservative minister found to have raped and physically abused his ex-wife has been told by a High Court judge he cannot see his child for the time being. Mrs Justice Arbuthnot has overturned a ruling by a lower-ranking ...

20 Jan 2022 at 17:56

Truss and Kwarteng due to meet with OBR amid market turmoil and party concerns

The Prime Minister and the Chancellor will meet with the Office for Budget Responsibility (OBR) later amid market turmoil following last week’s mini-budget. Treasury and Downing Street sources hit back at suggestions it was an ...

30 Sept 2022 at 10:28

City

Hunt working ‘at pace’ to help tech firms after Silicon Valley Bank collapse

British technology companies face a “serious risk” from the collapse of Silicon Valley Bank UK, the Chancellor has warned, as he vowed the Government will do “everything we can” to protect them. Jeremy Hunt said he has been ...

12 Mar 2023 at 18:07

City

PM and Chancellor to meet BoE chief over Silicon Valley Bank UK collapse

Prime Minister Rishi Sunak and Chancellor Jeremy Hunt are due to hold talks with the Governor of the Bank of England in response to the collapse of Silicon Valley Bank UK. In a statement issued on Sunday morning, the ...

12 Mar 2023 at 08:00

Scramble to secure Silicon Valley Bank UK takeover amid fears for tech firms hit

City

Scramble to secure Silicon Valley Bank takeover amid fears 200 tech firms hit

A number of potential buyers are circling the failed lender Silicon Valley Bank UK. Chancellor Jeremy Hunt said the Government was “working at pace” on a plan to prevent affected businesses from going bust, which ...

12 Mar 2023 at 22:33

NatWest chairman should stay in post, says City minister

It would not be “helpful” for the NatWest chairman to quit now as the bank seeks to rebound from the crisis over Nigel Farage’s Coutts bank account, the City minister has said. Andrew Griffith, who has led the ...

28 Jul 2023 at 20:50

Nigel Farage receives apology from BBC over Coutts account closure reporting

The BBC has apologised to Nigel Farage for suggesting he lacked the funds needed to hold an account at Coutts after the private bank cut ties with the former Ukip leader. The BBC’s business editor Simon Jack ...

24 Jul 2023 at 21:10

Nigel Farage plans ‘powerful lobby group’ to oppose de-banking

Nigel Farage hopes to “build a powerful lobby group” to oppose de-banking, as it was reported that banks are closing more than 1,000 accounts every working day. The ex-Ukip leader has launched a new website ...

30 Jul 2023 at 12:38

Banks urged to learn lessons from Nigel Farage row after NatWest boss quits

Ministers have urged banks to learn from the mistakes of NatWest in the wake of chief executive Dame Alison Rose’s resignation in a row over the closure of Nigel Farage’s Coutts account. The former Ukip ...

27 Jul 2023 at 09:07

Labour questions Downing Street pressure over NatWest boss’s resignation

Labour questions Downing Street pressure on NatWest boss’s resignation

Senior Labour MPs have questioned Downing Street’s “astonishing” move to heap pressure on to demands for the resignation of NatWest’s Dame Alison Rose in the row over Nigel Farage. Dame Alison resigned ...

26 Jul 2023 at 15:54

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