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Government unveils plans to let Britons pay with crypto money

The Government has moved closer to bringing crypto money into the mainstream as it unveiled plans that would allow so-called stablecoins to be used as payment in the UK. Stablecoins, a form of crypto that is pegged to normal currencies, will be ...

04 Apr 2022 at 17:25

Ukraine ceasefire reports welcomed but little sign of Russian aggression abating

A temporary ceasefire in Ukraine would be welcome but it is only a “small step” with the Russian invasion showing little signs of weakening, a Government minister has said. John Glen, Economic Secretary to the Treasury, said “the events that ...

05 Mar 2022 at 11:55

Swinney: Increasing public sector pay will mean spending cuts

Increased public sector pay will result in spending cuts, Scotland’s Deputy First Minister has said. Scotland is on the brink of major industrial strife, with NHS staff, – including nurses and ambulance workers – teachers and university ...

17 Nov 2022 at 17:23

City

Service sector recovers in December but stops short of growth

The UK’s services sector continued to struggle in December, but almost managed to get back into neutral territory, according to an influential survey. The sector saw its best performance since September, and evidence showed that cost ...

05 Jan 2023 at 10:48

UK pays £2.3bn to EU to settle Chinese import fraud dispute

The Government has paid £2.3 billion to the EU as part of a long-standing dispute over textiles and footwear imported into the UK from China. The final payment of £1.1 billion, made this week, brings the case to a close. Chief ...

09 Feb 2023 at 18:53

Sunak tells unions to halt strike action after offering public sector pay rises

Rishi Sunak has urged unions to call off strike action after accepting recommendations for pay rises for millions of public sector workers. The Prime Minister accepted the recommendations from pay review bodies, including 6....

13 Jul 2023 at 13:34

Rishi Sunak tells unions pay award is Government’s final offer

Rishi Sunak challenged union leaders to call off strike action after offering public sector workers pay rises of up to 7%. The Prime Minister accepted the recommendations from pay review bodies, including 6.5% increases ...

13 Jul 2023 at 16:07

Junior doctors ‘in for the long run’ as strikes continue despite 6% pay offer

Ministers and unions continue to face off over public sector pay as junior doctors prepare to strike for a second day despite being made a 6% “final” offer salary rise. The British Medical Association (BMA) has warned ...

14 Jul 2023 at 00:01

Scottish Government can borrow more under new deal on devolution finance

The Scottish Government will be able to borrow more after a new deal was struck with the UK Government on the structure of devolved finances. The updated fiscal framework doubles the Scottish Government’s resource ...

02 Aug 2023 at 12:53

Scottish Government to receive ‘very generous’ additional £1.5bn – UK minister

The autumn statement will deliver a “very generous” additional £1.5 billion for the Scottish Government, a UK Government minister has said. John Glen, Chief Secretary to the Treasury, said Chancellor Jeremy ...

17 Nov 2022 at 16:24

PM ‘does tell the truth’ and those against him are Remainers, says Dorries

The Prime Minister tells the truth “to the best of his knowledge”, a Cabinet minister has said, as she suggested those calling for Boris Johnson to resign were those who wanted the UK to remain in the EU. ...

05 Feb 2022 at 11:55

Treasury-backed interest-free loan scheme to be expanded to reach up to 20,000

A Government-supported scheme which provides interest-free loans to the financially vulnerable will be expanded to reach up to 20,000 people. The No Interest Loan Scheme (Nils), which is backed by the ...

19 Jun 2022 at 07:37

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