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...Armitt also called for “greater urgency” on developing areas where hydrogen can be stored at scale in his letter, which was sent to the chancellor and energy secretary Claire Coutinho last week....
...The former chancellor told the FT he “emphatically” did not regard his interactions with Glen as lobbying and “did not at any time ask John Glen to facilitate a meeting for Copper”, which he said “would...
...The leader of Germany’s main industry association has slammed the German government’s energy policies as “absolutely toxic”, in a sign of declining business confidence in chancellor Olaf Scholz’s stewardship...
...After largely focusing on business measures in last year’s Autumn Statement, the chancellor is expected to be much more political by prioritising individuals — with national insurance, income tax, childcare...
...On Wednesday, Sunak will meet Olaf Scholz, chancellor of Germany, which is spending 2 per cent of its GDP on defence this year....
...john.gapper@ft.com...
...The new rate of tax will vary according to the nicotine content of e-cigarettes, according to proposals seen by the Financial Times....
...Earlier this year, the UK government announced a crackdown on disposable vapes and flavoured e-cigarettes, which have been blamed for a surge in underage usage....
...It’s really only Harold Macmillan and John Major who don’t have a large asterisk next to their name. (Both, as it happens, happened to be chancellor before becoming prime minister.)...
...Just after I became Chancellor, the OBR expected GDP to fall by 1.4% last year. In fact it grew, albeit slowly....
...Sir John Armitt, chair of the National Infrastructure Commission, said tens of billions of pounds were needed from the private sector to meet infrastructure needs, including energy upgrades, new hospitals...
...As John Kerry prepares to hand over his responsibilities to incoming US climate envoy John Podesta he spoke to the Financial Times about his achievements since his appointment in 2021 and the challenges...
...These include Sir John Griffin, founder of taxi company Addison Lee, who is given a knighthood for services to business and charity....
...German chancellor Olaf Scholz, whose government signed a €1.1bn security package for Ukraine this week, said: “If we are credible here, [Vladimir] Putin will understand that there can be no dictated peace...
...Sir John Armitt made his remarks at the Trades Union Congress conference in London, a week after chancellor Jeremy Hunt unveiled new measures to increase investment by UK private sector pension funds in...
...Clarke, chancellor in Sir John Major’s government from 1993 to 1997, oversaw a return to strong growth and low inflation after the debacle of Black Wednesday, the 1992 sterling crisis when Britain was ejected...
...John Healey, shadow defence secretary, said that if Labour won the general election, expected later this year, it would conduct a review within its first year in office to assess the state of the armed forces...
...(The only exception to that was a period driven by John Major and Tony Blair’s passion for private finance initiatives, an approach that came with some downsides of its own.)...
...He will replace John Owen, who took over on an interim basis from Roger Hochschild after he was reportedly removed by the credit card group’s board in August....
...That was also the message from UK defence secretary Grant Shapps who said “we need all countries to step up”, and from German Chancellor Olaf Scholz....
...Reporting by Martha Muir, Joshua Oliver, Emma Agyemang, Laura Hughes, Rafe Uddin, Sally Hickey and John Aglionby...
...john.thornhill@ft.com...
...Tina McKenzie, policy chair at the body, said the chancellor and the Treasury “deserve credit for driving pro-small business change and for listening to and working closely with the FSB and its small-business...
...He merely thought that the Labour chancellor Hugh Dalton’s 2.5 per cent fixed interest gilts were a swindle when inflation was running at more than 4 per cent....
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