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Spending rules

  • Starmer ally defends minimum wage quango after Sunak calls for it to be axed

    Economics

    Welfare secretary Pat McFadden has leapt to the defence of the minimum wage quango after former Prime Minister Rishi Sunak called for the body to be axed. The top ally of Sir Keir Starmer told CityAM it “would be a mistake” to abolish the Low Pay Commission (LPC), an independent body that advises the [...]

    Labour's Pat McFadden could oversee small welfare reforms that could make reasonable savings for public finances.
  • Spending Review: Reeves piles billions into tech as firms cool on UK

    Tech

    Chancellor Rachel Reeves bet heavy on tech and innovation in her maiden Spending Review, in a week that saw a trio of tech firms depart from the London Stock Exchange. Reeves hiked research and development funding to a record high of £22.6bn per year by the end of the Spending Review period. She doubled down [...]

    Reeves delivered the Spending Review on Wednesday. (Image PA)
  • Premier League edges closer to applying £500m spending cap

    ch ch ch changes?

    Premier League clubs have taken another step closer to implementing a spending cap for the first time in the competition’s history. A majority of clubs on Monday voted in favour of progressing to the next stage of the proposal, which is likely to be voted on at the organisation’s AGM in June. Further details are [...]

    Premier League hits six UK major internet providers with legal challenge

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