Rishi Sunak says it’s difficult to balance roles as father and chancellor

Rishi Sunak talks about the challenges of being a good father to two children and balancing being Prime Minister. Mr Sunak spoke about the fight in an interview with former Conservative leader William Hague on The Times podcast. The Prime Minister said: “I have two young girls who mean the world to me. It’s hard … Read more

Former chancellor Hammond’s fintech company Railsr considers merger with Equals

A British fintech company led by former chancellor Lord Hammond of Runnymede has merged with its London-listed counterpart. Sky News learned about Railsr, lord hammond It only joined last month and has written to Equals Group proposing to merge the two companies. It was unclear Wednesday when this agreement was reached and whether active discussions … Read more

Chancellor to boost UK government borrowing to fund budget measures – OBR

The chancellor will increase government borrowing to help cut national insurance contributions by 2p from April, according to an assessment of the spring budget by the Treasury’s independent forecaster. The Office for Budget Responsibility said key measures to pay for Jeremy Hunt’s budget measures, including cuts to national insurance and lower capital gains tax, will … Read more

‘Cut-and-paste budget’ – UK businesses complain of lack of help from chancellor

The chancellor has been accused of producing a “cut and paste” budget that failed to deliver the tax changes needed to protect pubs and restaurants. The industry’s trade body, the British Hospitality Association, said Jeremy Hunt’s budget did little to help “the industry get through these difficult times” and failed to reduce the rising costs … Read more

‘No money’ could be Hunter’s own letter to next chancellor Larry Elliott

The past 14 years have been a nervous period for the British economy. Record low interest rates, industrial-scale money creation by the Bank of England, Brexit, millions of workers furloughed during the pandemic, the biggest fall in output in at least a century – all this, and Record number of chronically inactive people – chronically … Read more

Toxic Budget: The Chancellor Who Leaves a Toxic Legacy

timeHere’s a look at the budget that collapsed within minutes of the Chancellor’s Commons speech: Think George Osborne’s botched taxation, one of his many blunders that meant his 2012 Budget will forever be known as “total chaos.” Then there are the “poison pill” budgets: budgets introduced at the end of parliament in which the prime … Read more

‘Who’s who?’: German chancellor meets ‘doppelgänger’ US senator.see the picture

U.S. Senators Chris Coons and Olaf Scholz met in Washington, D.C., on Thursday. During a recent visit to the United States, German Chancellor Olaf Scholz came face to face with his self-proclaimed double personality. U.S. Senators Chris Coons and Olaf Scholz met in Washington, D.C., on Thursday. They then took a selfie and posted it … Read more