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New report commissioned by Chancellor, Rachel Reeves, reveals multibillion price British taxpayers paid for reckless handling of Covid contracts
More than £4 billion drive towards autonomous systems to shape UK military future and boost export potential, supporting the Plan for Change
Procurement of up to 7,000 UK-built long-range weapons and £1.5 billion to build at least six munitions and energetics factories.
Final share sale ends nearly 17 years of public ownership
The Chancellor today (30 May) has nominated Richard Hughes for reappointment as Chair of the Office for Budget Responsibility (OBR).
Millions of workers are set to retire with bigger pension pots as the Government confirms plans to double the number of UK pension megafunds by 2030, unlocking billions to invest in Britain’s future.
IMF upgraded the UK’s growth forecast for 2025 to 1.2%, saying that “an economic recovery is underway”.
Covid-19 vaccine pioneers BioNTech commit to up to £1 billion, 10-year investment in the UK.
A major new partnership between the Crown Estate and Lendlease has been agreed which will unlock housing and science innovation hubs across the UK worth £24 billion.
Businesses and consumers will benefit from new growth-focused Strategic Steer set for the Competition and Markets Authority (CMA), in the latest step of the government’s agenda to reform regulation to drive growth as part of…
Jim O’Neil has been appointed as a new Second Permanent Secretary to the Treasury.
Mansion House Accord unlocks up to £50 billion investment for the economy, with first commitments to invest in the UK.
The Chancellor of the Exchequer and the Governor of the Bank of England jointly agreed to reduce the maximum authorised size of the APF. This was confirmed via a letter exchange on 13 May 2025.
New state-of-the-art gigafactory ignites growth in industrial heartlands, supporting 1,000 jobs and powering up 100,000 electric vehicles a year
Changes support innovation while cracking down on fraudsters
Chancellor announces the appointment of four new Non-Executive Directors at the Financial Conduct Authority (FCA).
The Chancellor delivered the keynote speech at the Innovate Finance Global Summit 2025 on 29 April.
Millions of patients are getting a cost of living boost as the government freezes prescription charges for the first time in 3 years.
Thousands of jobs created as major carbon capture and storage network is ready for construction – boosting energy security and the government's Plan for Change.
British businesses will be supported to trade freely as the Chancellor chooses to act on practices that undercut fair trade, such as the dumping of cheap goods into the UK.
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