Uk Government

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The UK has signed the first-ever international legally binding treaty aimed at ensuring that the use of AI systems is fully consistent with human rights, democracy and the rule of law. The Council of Europe Framework Convention on artificial intelligence and human rights, democracy, and the rule of

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The UK government has abandoned plans to introduce a 'British ISA', a new type of Individual Savings Account that would have exclusively channelled savers' money into UK-listed stocks. Concerns arose that this new product would further complicate the investment market for individuals.

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It has been revealed that Aberdeen is set to become the headquarters for the UK government's new publicly-owned energy company, GB Energy. Sources close to the government have confirmed the news, although an official announcement from the Department for Energy Security and Net Zero is still pending,

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The UK government’s proposed fiscal policy would generate a loss in economic value of around £13 billion compared to the economic contribution generated under the current windfall tax regime, according to Offshore Energies UK (OEUK). The energy trade body has released

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The UK government's stake in RBS-owner NatWest Group has been further reduced from 18.99% to 17.97%. The Treasury's sale of the shares comes after the new Labour government decided it will no longer go forward with plans for a public offering of the government's remaining stake to retail investors.

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City leaders have expressed concerns over the Prime Minister's warning of a "painful" Budget this autumn, urging caution against "punishing risk-takers" and "taxing wealth creators". In his first major speech from No 10's Rose Garden, Prime Minister Keir Starmer revealed that public finances are "wo

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The UK government has revealed it is considering introducing a 'right to switch off' for workers, allowing them to ignore work-related communication outside of working hours. The move aims to boost productivity and economic growth by preventing the blurring of lines between work and home life, Sky N

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UK government consulting spending faces major cuts as both main political parties have pledged to halve external advisory costs, potentially saving £3 billion over five years. This move follows record-high spending since the last election, driven by pandemic response, digital projects, and civ

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RBS-owner NatWest Group has bought back a further £1.24 billion worth of its own shares from HM Treasury. This works out to 392.4 million shares bought back from the government at 316.2p per share, and, combined with HMT’s ongoing trading plan, reduces government ownership in the bank to

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