Simon Hunt

1 week ago | cityam.com | Simon Hunt

Thursday 29 May 2025 6:09 am  |  Updated:  Wednesday 28 May 2025 7:13 pm With her fiscal headroom under pressure, which taxes might Rachel Reeves raise? Chancellor Rachel Reeves has made sticking to her fiscal rules a central mission.

1 week ago | cityam.com | Simon Hunt

Wednesday 28 May 2025 9:11 am ‘Extraordinary denial of reality’: Ricardo shareholder pens open letter amid vote to oust chair Ricardo’s biggest shareholder has written to the group attacking its stance One of the largest shareholders in transport and energy consultancy Ricardo has blasted the firm’s “blinkered perspective” and “extraordinary denial of reality” ahead of a vote to oust its chair. Science Group, which controls around a fifth of the share capital of the London-listed business,...

1 week ago | cityam.com | Simon Hunt

Wednesday 28 May 2025 5:14 am | Updated: Tuesday 27 May 2025 6:19 pm UK public spending will swell to more than half of GDP, IMF warns The IMF warned Rachel Reeves to stick to her fiscal rules The British state will swell to more than half the total size of the UK economy under the government’s current plans, the International Monetary Fund has warned, as it sounded the alarm on “tough policy decisions” needed to meet ballooning spending. Total public expenditure is projected to grow by eight...

1 week ago | flipboard.com | Simon Hunt

6 hours agoTens of thousands of energy customers are set to receive payouts of up to £1,000 each, and could see debts written off, in response to the scandal over the forced fitting of prepayment meters. Energy companies are paying out more £70m in compensation and financial support to customers. It follows a …

1 week ago | cityam.com | Simon Hunt

Tuesday 27 May 2025 12:58 pm Up to 4,000 livelihoods at risk as ABF prepares to pull plug on bioethanol plant The Vivergo plant in Yorkshire | Credit: ABF As many as 4,000 livelihoods are at risk after the owner of Britain’s largest bioethanol plant has warned it could shut within days, citing UK-US tariff policy.