Government borrowing increased to the highest level since 2021 last month 

According to official data, government borrowing was higher than expected in July, with the increase being driven by the rising cost of public services and benefits.  The Office for National Statistics (ONS) reported that borrowing, which reflects the gap between government spending and tax revenue, reached £3.1 billion last month, marking the highest July borrowing […]

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Labour announces its plans to renationalise the railways 

On Wednesday, the newly-elected Labour government outlined its plans for renationalising the railways in the King’s Speech. While the government has not committed to lowering fares, it has introduced a “best fare guarantee” to ensure passengers always pay the lowest possible price for their journeys.  Currently, Network Rail manages the infrastructure, and individual operators run […]

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Labour replaces “levelling up” departments with local government 

The concept of levelling up, which aimed to address regional disparities, was central to Boris Johnson’s 2019 election campaign. Upon taking office, Johnson renamed the Department of Housing, Communities and Local Government to include “levelling up.” However, the new government is making changes to departmental names and titles by replacing the term “levelling up” with […]

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Party leaders make their final appeals to voters ahead of this week’s election 

As the general election campaign draws to a close, the fate of Britain’s leading politicians now rests in the hands of the voters. Party leaders are making their final appeals.  Prime Minister Rishi Sunak remains publicly optimistic. However, the Conservatives, who have governed for 14 years under five different leaders, have seen their support decline […]

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