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Watchdog criticises ‘misleading’ tax cut claims made by Treasury ministers

Two Treasury ministers’ claims about the level of personal taxation have been criticised by the official statistics watchdog. Sir Robert Chote, chairman of the UK Statistics Authority, said the public could have been “misled – or at least confused” ...

20 Feb 2024 at 02:55

Digital pound launch undecided amid privacy concerns, says Bank of England

The Bank of England and the Government have said they have not yet decided whether to launch a digital pound after months of gathering feedback from about 50,000 responses. The Bank and the Treasury launched a consultation in February last year ...

25 Jan 2024 at 13:14

Tory MPs call for more scrutiny of ‘unchecked’ regulators

Powerful regulators operating “largely unchecked” are holding back the UK economy, a group of Tory MPs has said. Members of the backbench Regulatory Reform Group (RRG) have called for more parliamentary oversight of the UK’s regulators to ...

18 Apr 2023 at 00:01

Democracy needs society to be ‘sensible and grown-up’, says minister

Democracy will only work if people act in a “sensible and grown-up way”, a minister has said, as the Government weighs options for clamping down on “extremist” behaviour. Ministers are expected to put forward new measures in the coming ...

04 Mar 2024 at 13:19

Banks given extra time to ‘break the spell’ of scammers before sending payments

Payment service providers such as banks will be given more time to contact customers, police and others when they have reasonable grounds to suspect fraud before they send a payment, under draft legislation published on Tuesday. It ...

12 Mar 2024 at 16:36

Hunt hints at more tax cuts before next election after ‘making a start’

The Chancellor has said it is “going to take time” to reduce the overall tax burden as he appeared to hint that further pre-election giveaways could be coming down the track. Jeremy Hunt used the autumn statement on Wednesday to ...

23 Nov 2023 at 07:44

Junior members of the Government who have quit over Boris Johnson’s leadership

Away from the headline news of Rishi Sunak and Sajid Javid quitting, Boris Johnson has faced a wave of resignations by more junior members in his Government. A series of parliamentary private secretaries, and even the Solicitor ...

06 Jul 2022 at 02:31

Tory Party vice-chairman quits live on air

The vice-chairman of the Conservative Party has quit live on air, after saying he could no longer support the Prime Minister. Bim Afolami, the MP for Hitchin and Harpenden, followed the Chancellor and the Health Secretary with ...

05 Jul 2022 at 21:37

‘Not unnatural’ for veteran Tories like Gove to be quitting, minister insists

The exodus of prominent Tory MPs like Michael Gove and Dame Andrea Leadsom is “not unnatural”, a minister has insisted, amid speculation that Conservatives are quitting Parliament in fear of imminent electoral defeat. Bim ...

25 May 2024 at 18:02

Personal Finance

Company committed to maintaining access to cash opens its 50th banking hub

The 50th banking hub has opened, according to Cash Access UK, an organisation set up to help protect access to cash. The latest hub opened in Jedburgh in the Scottish Borders, and Cash Access UK said it aims to reach 100 ...

10 May 2024 at 11:25

Tories’ unfunded commitments could see mortgages rise – Reeves

The Conservatives’ unfunded spending commitments would lead to increased mortgage payments of £4,800 for the average family over the next Parliament, Labour has claimed. On Friday, Labour is expected to set out the ...

28 Jun 2024 at 16:29

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