Rishi Sunak, a devotee of Nigel Lawson, believes in a smaller state, curbing borrowing, lower taxes and combating inflation.  Yet again, he delivered a major fiscal announcement where he did the opposite. Today’s £15 billion spending splurge expanded the role of the state with the advent of one-off financial transfers, could stoke inflation, add to
The Met Police acted with “integrity” during its partygate investigation and officers made decisions “based on the facts and were proper”, the force’s acting commissioner has said. Sir Stephen House, giving evidence to the London Assembly’s police and crime committee, defended the nearly four-month investigation into lockdown-breaking parties in Downing Street and Whitehall. The investigation
The windfall tax announced by the chancellor will be “damaging” for the UK’s net zero plans and energy security, the Confederation of British Industry has said. Rain Newton-Smith, CBI chief economist, said the tax “sends the wrong signal to the whole sector at the wrong time”, pointing to a “backdrop of rising business taxation”. Chancellor