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News
Rachel Reeves' sister takes top legal role in Burnham's Cabinet overhaul
1+ hour, 33+ min ago (372+ words) Prime Minister Andy Burnham has picked Ellie Reeves, the sister of former Chancellor Rachel, to serve as the chief legal adviser to the government. Lord Richard Hermer KC, a close ally of Keir Starmer who played a pivotal role in…...
Healey warned as fiscal target missed
2+ hour, 31+ min ago (535+ words) A key fiscal target has been missed on John Healey’s first morning as Chancellor, in a reminder of the poor state of public finances. Official data on Tuesday showed that the current budget deficit, which is critical to the current…...
Burnham inherits an economy on the brink: just look at these charts
3+ hour, 52+ min ago (943+ words) Andy Burnham has harboured ambitions to be Prime Minister for over a decade. But the economy he is inheriting will take the shine off his lofty hopes – just look at these four charts. As he stepped out onto Downing Street…...
UK fintech Pockit recruits founder of Burger King Kazakhstan
4+ hour, 45+ min ago (178+ words) A top British fintech has hired the founder of Burger King’s Kazakhstan franchise in an eye-catching board appointment. The Cardiff-based business, which offers prepaid accounts to customers without a credit score, has recruited Kazakh businessman Anuar Utemuratov to become a…...
Three ways Andy Burnham can avoid Keir Starmer's mistakes
4+ hour, 48+ min ago (400+ words) The Notebook, where the City’s movers and shakers have their say. Today Michael Martins shares his tips for the new cabinet and explains why he’s become obsessed with unhinged neighbours As you walk into No. 10 today, you are about to…...
Andy Burnham should start by scrapping the £100k tax trap
5+ hour, 7+ min ago (730+ words) CEO & Founder - Blonde Money Cutting taxes is expensive, but there is a way Andy Burnham could make them simpler and fairer, says Helen Thomas After years of frozen tax thresholds, millions of workers are paying more tax despite no headline…...
Dimon casts doubt over JP Morgan's London tower with tax warning to Burnham
10+ hour, 23+ min ago (490+ words) The boss of JP Morgan has refused to commit to the future of the bank’s planned £10bn tower in Canary Wharf as he warned Andy Burnham’s new government against penalising the banking sector with a raft of new taxes. Jamie Dimon,…...
John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments
15+ hour, 45+ min ago (614+ words) John Healey has been appointed Britain’s new Chancellor as Andy Burnham unveils a major shake-up of key Cabinet roles. The Rawmarsh and Conisbrough MP, who had served as defence secretary under Keir Starmer before resigning earlier this year amid a…...
Burnham's Thatcherism jibes are just tired socialist talking points
18+ hour, 14+ min ago (185+ words) Oasis caution against looking back in anger, yet the narrative Manchester’s other favourite son rehearsed in his first speech as Prime Minister was based on hackneyed old grievances, says Alys Denby Here we go again. Britain has gone through as…...
Burnham promises to 'build new economy"
20+ hour, 17+ min ago (652+ words) Andy Burnham has said he will “build a new economy” during his tenure as Prime Minister, promising a raft of measures to help households with the cost of living will be announced as soon as tomorrow. Speaking on the steps…...