Jeremy Hunt

The campaign also promises a £1,000 cash incentive for recruits and those returning to the early years' workforce shortly after assuming their roles.

The absence of clear and immediate strategies to decarbonise these sectors has raised doubts about the government's commitment to its climate pledges.

UK Hospitality says businesses are left in "crisis" mode after the recent Autumn Statement announced that the standard business multiplier would increase by more than six per cent.

British Finance Minister Jeremy Hunt said the UK will invest £4.5 billion in key manufacturing sectors, including automobiles and green industries.

The UK government has announced VFX tax relief to boost the UK film and television industry in the Autumn Statement, which, along with the Media Bill, seeks to change how TV shows are made and broadcasted in the UK.

The financial impacts of Brexit have left UK business investment levels "chilled", according to the Deputy Governor of the Bank of England.

The primary objective of the boost for artificial intelligence research is to deploy quantum computers capable of executing one trillion computing operations.

Hunt defended the move, asserting that it aligns with the government's commitment to supporting businesses and individuals during challenging times.

British business groups have urged the government to formulate a long-term industrial policy, with industry leaders pushing for tax breaks to be made permanent.

Chairman Jeremy Hunt has already signed off on "reallocating" money from HS2's northern leg to other transport projects, according to reports.

Vacancy growth is at its lowest since early 2021, but employers still cannot find qualified staff – especially as wage growth continues, albeit more slowly.

The hospitality sector says energy price hike of £7.3 billion is unsustainable in the wake of reduced government support, as it also faces reduced consumer spending

As worker shortages plague the UK economy amidst a cost of living crisis, new research shows good communication is key to talent retention.

A recent survey reveals that the UK workforce is divided over Jeremy Hunt's Budget announcements, with the CEO of CV-Library stating that "personal finances remain the key driver for the overwhelming majority".

Britain's government borrowed more than expected in February, official data showed on Tuesday, but finance minister Jeremy Hunt may still hope that falling energy costs and inflation will offer leeway later this year for a pre-election tax cut.

Finance minister Jeremy Hunt presented less gloomy forecasts for Britain's economy at his Spring Budget on Wednesday.

British finance minister Jeremy Hunt will announce on Wednesday how he will try to speed up the world's sixth-biggest economy after the shocks of Brexit, a heavy COVID-19 hit and double-digit inflation have left it lagging behind its peers.

A would-be buyer for the UK arm of failed U.S. lender Silicon Valley Bank (SVB) stepped forward on Sunday as British Prime Minister Rishi Sunak said his government was working to limit any fallout for companies from the bank's demise.

The California-based SVB bank, which was closed by US authorities on Friday, manages the money of some of the UK's most promising businesses.

Equity valuations are attractive to investors as UK equities slumped in 2022, while UK investors expect an innovation-friendly budget from the Chancellor.

British finance minister Jeremy Hunt looks set to keep his grip on public finances in next week's budget, holding off on any big tax cuts or spending increases until the next election comes closer into view.

British finance minister Jeremy Hunt may have a 30 billion-pound ($36 billion) windfall at next month's budget, but this will be too short-lived to fund permanent tax cuts or public-sector pay rises, the Institute for Fiscal Studies (IFS) said on Tuesday.

UK Chancellor Jeremy Hunt believes "being a technology superpower can change our country's destiny" and has plans to "unlock our national potential to be one of Europe's most exciting, most innovative and most prosperous economies".

Latest figures from the ONS reveal zero GDP growth in Q4 2022. A labour shortage is part of the problem, with the Chancellor urging people to return to work.

The Bank of England will make its final increase to borrowing costs in the current cycle next month to combat double-digit inflation, according to a Reuters poll which showed the British economy is almost certainly entering a recession.

Britain is lagging its peers in the race to spur economic growth and Prime Minister Rishi Sunak must act now to boost green investment, fix a lack of workers and avoid chaos over post-Brexit rules, the head of an employers group said on Monday.

The Energy Bill Relief Scheme offers help for businesses, the public sector and charity organisations.

The Bank of England and the government's independent spending watchdog have both said Brexit has hurt the UK economy and plunged it to the brink of recession.

More Britons will pay the top rate of income tax under government plans announced on Thursday to freeze allowances and lower the level at which people start to pay the highest rate as part of measures to stabilise public finances.

The story of brutally effective financial markets disciplining errant governments has been repeated many times since the most recent wave of globalisation began in the 1990s.