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Labour Party
03:00, 23 SEP 2024
Opinion: How devolution could help º£½ÇÊÓÆµ cities and towns in their push to net zero
North West
Helena Rivers, net zero lead at AECOM, on how devolution will play a key role in decarbonising º£½ÇÊÓÆµ cities
Bookmark
Inheritance tax receipts on track for record year as Chancellor considers reforms
By City AM
Inheritance tax receipts are on course for another record-breaking year as the Treasury continues to rake in billions from the controversial levy
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Bristol's proposed workplace parking charge slammed by hotel bosses
Transport
The plans have been described as "another blow" to the hospitality industry
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'Just fix it': Boss of e-scooter giant Voi Fredrik Hjelm on cutting red tape and turning cities like Liverpool into tech hubs
Labour Party
Swedish entrepreneur launched startup conference Liverpool Slush’D
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º£½ÇÊÓÆµ's new home approvals hit 10-year low, challenging Labour's ambitious housing targets
By City AM
The number of new home approvals fell to its lowest level in a decade in the three months to June, underscoring the challenges the government will face in delivering on their ambitious housebuilding targets.
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Liverpool City Region advances with plans for world's largest tidal power project on River Mersey
Labour Party
Metro mayor says project has 'potential to power hundreds of thousands of homes with renewable energy for 120 years'
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South West to play 'huge role' in Keir Starmer's clean energy plan
Economy
The minister of state for industry has spoken of the region's economic importance
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What is the Renters' Rights Bill and what will it mean for the housing market?
By City AM
Significant changes to the upcoming bill have raised eyebrows among private rental sector stakeholders
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º£½ÇÊÓÆµ banks brace for profit impact amid Labour's proposed tax adjustments
By City AM
A tax raid on banks is a "real risk" in October's Budget, according to Bloomberg Intelligence, but it would not be enough to derail the lenders' targets for return on tangible equity (ROTE)
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The ending of heavy steel making at Port Talbot with º£½ÇÊÓÆµ Government statement due
Swansea Bay City Region
The move to an electric arc furnace operation at Port Talbot will see 2,800 job losses
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Investors pour into start-up scheme amid fears of Labour tax rises
By City AM
The Seed Enterprise Investment Scheme was introduced in 2012 to encourage private investment into early-stage, higher-risk businesses by granting tax reliefs to more experienced investors
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Government must fix 'antiquated' business rates, firms and CBI urge
By City AM
The government has been urged to fix the "antiquated" business rates system which is dampening productivity and growth, according to firms and the Confederation of British Industry (CBI)
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Welsh Government on track to miss its new social housing target
Labour Party
A report for Audit Wales said even with required additional funding the Welsh Government will fall short of the five year target to March 2026
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42-storey ‘co-living’ tower approved in Salford in development designed to be 'more Brooklyn than Manhattan'
North West
One councillor criticised scheme as being like something from George Orwell's 1984
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Exploring the potential impact of a º£½ÇÊÓÆµ bank windfall tax under Labour's new government
By City AM
The prospect of a windfall tax on º£½ÇÊÓÆµ bank profits has spooked investors, with shares in Britain's largest lenders among the biggest fallers on the FTSE 100 today
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McDonald's salad supplier Agrial cuts losses despite losing customers as prices rise
Labour Party
Agrial Fresh Produce, which supplies salads and vegetables to the restaurant giant, saw its pre-tax loss narrow to £5.5m in the 12 months to 31 December 2023
Bookmark
Government urged to take action on mini nuclear plants as Britain fights to keep pace in race for clean power
Energy
Rolls-Royce is hoping it will be selected to build small modular reactors in the º£½ÇÊÓÆµ and is pressing for a decision by the new Labour administration
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North Sea oil and gas sector warns PM's windfall tax could cost hundreds of thousands of jobs
By City AM
Labour's plans for a North Sea windfall tax have been branded a "blunt response" that could put hundreds of thousands of jobs at risk across the º£½ÇÊÓÆµ by several of the energy sector's leading figures
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º£½ÇÊÓÆµ Treasury and City watchdog express concerns over new fraud refund rules that could impact banks
By City AM
The Treasury and City watchdog have raised concerns over a fraud refund scheme from the º£½ÇÊÓÆµ payments regulator that firms have warned could do long-lasting damage to the industry
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Ithaca Energy's profits and revenue plummet amid lower production and windfall tax impact
By City AM
The firm, which in the Spring announced plans to buy all of Italian competitor Eni's North Sea assets for £754m, lowered its outlook for full-year production and reported significantly lower production numbers in the first half of the year.
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Rachel Reeves faces tough choices as º£½ÇÊÓÆµ borrowing exceeds forecasts, says IFS
By City AM
The government borrowed £20.5bn last month - the highest September figure since monthly records began in 1993, and £4.7bn more than predicted by the Office for Budget Responsibility in March
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º£½ÇÊÓÆµ government in talks with Revolut ahead of blockbuster listing
By City AM
The Treasury is reportedly planning talks with Revolut this autumn in a bid to showcase London's attractiveness as the º£½ÇÊÓÆµ's biggest fintech firm is said to prefer the US for a blockbuster IPO
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Tata Steel £100m transition fund sees its first release of money
º£½ÇÊÓÆµ Government
The fund will support steelworkers losing their jobs following Tata's decision to close its blast furnace operation at Port Talbot and help supply chain companies find new customers
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Bellway given extension in potential Crest Nicholson takeover
Housing
The Newcastle housebuilder now has until August 20 to decide whether it wants to make a firm offer for the Surrey firm
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