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3 days ago · And in recent weeks, we’ve seen a few other changes in government energy policy. Windfall taxes apply to the profits that gas and oil companies make, which was previously set at 35%. But in late July, the UK Government announced that this tax would increase to 38% from 1 November 2024 and would run until 31 March 2030.
5 days ago · Politics. Investment summit: Labour civil war erupts over Elon Musk snub. Ministers unveiled billions of pounds worth of major investment deals in AI, life sciences and infrastructure. By Katie...
2 days ago · The government is committed to reducing greenhouse gas emissions in order to achieve ‘net zero’ emissions by 2050. This 2050 target was introduced by the Conservative government. The current government has announced several policies, including measures intended to increase UK renewable energy production. On 24 October 2024, the House of Lords is scheduled to debate the economic impact of ...
5 days ago · Billions worth of investments in emerging growth sectors including AI and life sciences, and infrastructure are set to be unveiled by businesses and ministers at the government’s inaugural...
4 days ago · The that a sustained 1% of GDP increase in public investment could increase the level of potential national output by just under 0.5% after five years, and around 2.5% in 50 years. So, there will ...
5 days ago · For the public sector to invest wisely it must have procurement processes in place to find and deliver value for money. The new post-Brexit Procurement Act 2023 is important in achieving this. In this Monday Interview, our Deputy Director for Macroeconomics, Stephen Millard, sits down with Economist Ed Cornforth to talk about what public procurement is, and what the new law entails.
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1 day ago · Hannah Downes. Shoppers using 'buy now, pay later' (BNPL) schemes will be given greater protections under new rules likely to come into force in 2026. BNPL schemes, such as Clearpay, Klarna and Laybuy, have soared in popularity in recent years. They allow you to split the cost of a purchase into instalments, interest-free.
