David Cameron ‘lobbied ANOTHER Tory Treasury minister for loans’ to rescue collapsed finance firm Greensill David Cameron ‘contacted financial secretary to the Treasury Jesse Norman’ Did so while trying to get access to chancellor Rishi Sunak, it has been claimed Norman known to the PM, serving as Downing Street policy advisor from 2013 By Henry … Read more
French drinks giant Pernod Ricard rumoured to be mulling £5bn bid for Penfolds distributor Treasury Wine Estates By Ben Harrington For The Mail On Sunday Published: 13:01 GMT, 7 March 2021 | Updated: 13:01 GMT, 7 March 2021 The owner of one of the most popular Australian wine brands sold in the UK could be … Read more
Chancellor to be grilled by Treasury committee on how he expects small firms to repay their mountains of debt taken on in pandemic By Emma Dunkley, Financial Mail On Sunday Published: 21:50 GMT, 6 March 2021 | Updated: 21:51 GMT, 6 March 2021 Rishi Sunak will be grilled by the influential Treasury committee this week … Read more
Treasury pledge to fund £3.8m no-interest loan pilot for hard-up borrowers ‘a step in the right direction’ say debt charities and lenders Scheme could help those who cannot afford to pay interest on loans It is based on an Australian-style community lending scheme Initiative was proposed by previous Chancellor Philip Hammond in 2018 As many … Read more
Campaigners have reacted with dismay to the news the Treasury does not plan to reduce the Lifetime Isa withdrawal penalty for another 12 months. The news means aspiring first-time buyers will again be charged their own money from April to raid their house or retirement deposits if they run into financial difficulty and need to … Read more
Natwest becomes latest bank to bring back its dividend – despite setting aside £3.2bn to cover bad loans and recording a £351m loss last year By Lucy White For The Daily Mail Published: 21:57 GMT, 19 February 2021 | Updated: 22:17 GMT, 19 February 2021 Change of direction: Natwest chief executive Alison Rose Natwest … Read more
Treasury campus in ‘overlooked’ Teesside is a ‘golden opportunity’ to level up the North, say business leaders By Matt Oliver For The Daily Mail Published: 22:06 GMT, 17 February 2021 | Updated: 22:06 GMT, 17 February 2021 More than 100 business leaders have called for the Treasury’s new northern campus in ‘overlooked’ Teesside. In a … Read more
Row breaks out over Treasury’s plan to set up Northern base after top civil servants accused of ‘Yes, Minister’ style stitch-up Rishi Sunak has proposed moving 800 officials to the hub – dubbed Treasury North – with locations thought to include Leeds, Teesside and Newcastle But top civil servants have been accused of trying to … Read more
Treasury could step in to support some of this year’s biggest summer music festivals after organisers struggle to get cancellation insurance By Emma Dunkley, Financial Mail On Sunday Published: 21:50 GMT, 23 January 2021 | Updated: 21:50 GMT, 23 January 2021 The Treasury could step in to support some of this year’s biggest summer music … Read more
Treasury says it has ‘no plans’ to lower VAT on energy bills, despite promises to scrap the tax after Brexit By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 16 January 2021 | Updated: 22:05 GMT, 16 January 2021 The Treasury has said it has ‘no plans’ to lower VAT on energy bills, despite … Read more