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Guido Fawkes6 Aug 2026

HMRC Hires ‘Senior EDI Consultant’ for £72,000 While Taxpayers Spend 409 Years on Hold in Twelve Months

HMRC is hiring internally among civil servants only for a “Senior Equality, Diversity and Inclusion Consultant.” Here’s the Public Accounts Committee report on HMRC from late last year: “Average call waiting times exceeded 23 minutes. HMRC says it has not been adequately resourced to meet telephone demand from customers.” For up to £72,711 the hire…

Economy
Express Politics6 Aug 2026

Labour's horror impact on UK economy revealed as government borrowing £4,000 per second

The Taxpayers' Alliance estimates that national debt has surged past £3 trillion for the first time, leading to a political blame game.

PoliticsEconomy
Guido Fawkes6 Aug 2026

UK’s National Debt Tops £3 Trillion for First Time

Britain’s national debt has passed £3 trillion for the first time, according to TaxPayers’ Alliance (TPA) figures. That is around 95% of GDP, or more than £100,000 per household… The ONS had net debt at £2.99 trillion at the end of June. July alone last year added more than £20 billion, enough to tip the…

Economy
The Guardian Politics6 Aug 2026

Healey urged to be bold on borrowing in first test of Burnham’s growth pledge

Some want the chancellor to exploit newly flexible fiscal rules – others want a more creative approach, such as borrowing from markets With just 12 weeks to go until his first budget, new chancellor John Healey is seeking ways to ramp up public investment, without busting the Treasury’s fiscal rules – and some economists are urging him to be bold. As he settles into No 11 Downing Street, the former defence secretary’s most immediate challenges concern day-to-day government spending. Continue re

PoliticsEconomyDefence
Express Politics6 Aug 2026

Firms face huge fines and bosses could be thrown in jail in new Reform migrant plan

Bosses will be thrown in jail, under a new "Deliveroo Law", amid growing concern over Channel migrants working in Britain's booming black economy.

EconomyImmigration
The Guardian Politics5 Aug 2026

‘Leicester Square, please guv’: Self-driving taxis cleared for London streets ‘later this summer’

Wayve Uber wins first minicab licence for autonomous cabs from TfL but vehicles will have a safety driver (at first) The taxi app company Uber and the autonomous technology developer Wayve have been granted the first minicab licences in London, allowing them to offer self-driving taxi rides to paying customers – but with a human safety driver in place, for now. The companies said they would start trips in the UK “later this summer” before the full public launch. Continue reading...

Economy
Guido Fawkes5 Aug 2026

Citibank CEO Says Bank Tax Hike Will Kill Investment

The chief executive of the US’ third largest bank has said UK bank tax rates are worrying. And that’s before Burnham gets his hands on them… Jane Fraser is CEO of Citi and Scottish herself. She said in London today that UK taxation of banks was harsher than New York, Paris, Frankfurt, and Dublin, and…

Economy
Conservative Home5 Aug 2026

Katie Lam: Devolution is just another way that Labour will tax you

He should fix our broken housing system, which makes it expensive and difficult for people to choose where to live, and stop creating absurd new rules, which prevent enterprising people from making money and creating jobs. The post Katie Lam: Devolution is just another way that Labour will tax you appeared first on Conservative Home.

EconomyHousing
The Guardian Politics5 Aug 2026

Bank battle: history suggests Burnham faces fight if he opts for windfall tax

As lenders’ profits soar, calls grow for a levy to help new PM ease cost of living pressures on households It has been a stellar week for UK banks. Fuelled by high interest rates and market turbulence rippling out from the US war on Iran, major lenders have revealed soaring half-year profits that allowed bosses to boost bonus pots and give billions of pounds to shareholders. Collectively, the UK’s four largest lenders – HSBC, NatWest, Barclays and Lloyds – reported £29.2bn in profits over the fi

EconomyDefence
The Guardian Politics4 Aug 2026

Government contracts to require job creation instead of green targets under new rules

Louise Haigh says taxpayer money must benefit local communities amid backlash from environmental groups Ministers will scrap the requirement for companies to prove their green and progressive values before they are awarded government contracts, and instead ask firms to prove they will help young people back into work. As part of a government push to reduce the number of people not in education, employment or training (Neets) in the UK and boost regional growth, public sector buyers will double t

EconomyDefenceEducationEnvironment
The Guardian Politics4 Aug 2026

BP boss urges Burnham to prioritise UK oil and gas even as firm exits North Sea

Meg O’Neill says ‘where we generate jobs, we generate tax revenue’, as company’s profits more than double Revealed: major oil firms make $93bn profits amid war and climate crisis Nils Pratley: BP boss is unsentimental in pruning portfolio and clear on North Sea advice to Burnham BP’s chief executive has urged Andy Burnham to make use of the UK’s oil and gas resources even as the oil company prepares to sell its North Sea business after 60 years in the ageing basin. In a conversation with th

EconomyDefenceEnvironment
The Guardian Politics4 Aug 2026

The Guardian view on Burnham and the devolved nations: a test for the new politics in Westminster | Editorial

The prime minister has unveiled his plans for English devolution. The picture in Scotland, Wales and Northern Ireland is much less clear After early statements of intent on homelessness and social care, Andy Burnham capped his opening two weeks in office by addressing what one might call the English question. Plans for greater fiscal devolution to England’s mayoral authorities, unveiled last week, are part of what is perhaps the primary raison d’etre of Mr Burnham’s government: the need to reba

PoliticsEconomy