Treasury gaffe sees £375m of ‘additional’ coronavirus support withdrawn
Rishi Sunak has been left red-faced after Treasury officials wrongly announced £375 million of "additional" coronavirus support cash for Scotland.
Rishi Sunak has been left red-faced after Treasury officials wrongly announced £375 million of "additional" coronavirus support cash for Scotland.
Ministers are "very keen" to extend business rates relief in Scotland but any decision would be subject to an equivalent policy in England freeing up extra cash, the finance secretary has said.
Low income households are to receive a £100 direct payment before Christmas as part of a multi-million pound winter fund to help those struggling during the coronavirus crisis.
The economic emergency caused by coronavirus has "only just begun", Rishi Sunak warned in his spending review as he announced plans to borrow a peacetime record of almost £400 billion to combat the worst recession in more than 300 years.
Rishi Sunak's spending review will set the budgets for Whitehall departments on Wednesday against the grim economic backdrop of the coronavirus crisis.
When Douglas Ross made a speech to the Policy Exchange, he did not mince his words.
Billions of pounds of extra funding have been pledged to help businesses survive the winter – but the Scottish Government warned that local firms are being "kept in the dark" about their future.
Chancellor Rishi Sunak is pushing ahead with plans to open a network of free ports across the UK.
Rishi Sunak has unveiled his emergency job protection plan amid new Covid-19 restrictions, including the creation of a new job support scheme.
Mr Sunak warned he "cannot save every job" and "cannot save every business", but promised to throw money behind roles that can be kept going "through the difficult winter months".
The Treasury is unlikely to reverse North Sea tax breaks in the upcoming Budget amid industry warnings it could cause “irreversible damage”, it emerged last night.
The Treasury has been forced to defend itself after coming under fire for failing to appoint a woman to the Bank of England’s interest rate-setting committee, despite drawing up a female-dominated shortlist.
The Treasury has been forced to defend itself after coming under fire for failing to appoint a woman to the Bank of England’s interest rate-setting committee, despite drawing up a female-dominated shortlist.
The Treasury has been forced to defend itself after coming under fire for failing to appoint a woman to the Bank of England’s interest rate-setting committee, despite drawing up a female-dominated shortlist.
The Treasury has been forced to defend itself after coming under fire for failing to appoint a woman to the Bank of England’s interest rate-setting committee, despite drawing up a female-dominated shortlist.
Economics professor Jonathan Haskel has been appointed to the Bank of England’s interest rate-setting committee, replacing Ian McCafferty.
Economics professor Jonathan Haskel has been appointed to the Bank of England’s interest rate-setting committee, replacing Ian McCafferty.
Economics professor Jonathan Haskel has been appointed to the Bank of England’s interest rate-setting committee, replacing Ian McCafferty.
A review of oil and gas taxation was to be announced by Chancellor Philip Hammond in his first budget today.