Sale of Lloyds Shares Raise £14.5 Billion The government has sold a further 1% shareholding in Lloyds Banking Group through the trading plan launched in December.
Government Begins Selling its Shares in Royal Bank of Scotland Government sells approximately 5.4 per cent of the Royal Bank of Scotland, at 330p per share.
Public Sector Efficiency Challenge launched Chancellor and Chief Secretary invite the ideas from the public sector on doing more while saving public money ahead of the Spending Review.
Consultation on Pension Exit Charges The Treasury is launching an immediate consultation and online survey to look at whether exit charges could be cut or capped for those looking to access their pensions early,
£400 Million Pounds of Funding for Businesses in the North In a visit to the north of England the Chancellor, George Osborne, announces new funding boost for the Northern Powerhouse.
Key Announcements of the Summer Budget 2015 1. Introducing a new National Living Wage of over £9 an hour by 2020 From April 2016, a new National Living Wage of £7.20 an hour for the over 25s will be introduced. This will rise to over £9 an hour by 2020.
Chancellor’s Statement on Greece 6 July 2015 George Osborne spoke in Parliament on the latest developments in the financial crisis in Greece and how they might affect British citizens.
Government To Sell Its Shares in Royal Bank of Scotland In his annual Mansion House speech this evening (10 June 2015), the Chancellor announced that the government will begin to sell off its stake in the Royal Bank of Scotland (RBS).
Chancellor on Building a Northern Powerhouse “This is a revolution in the way we govern England”, says the Chancellor of the Exchequer, George Osborne.
Government Appointments 8 May 2015 The Prime Minister has announced senior government appointments following the 2015 general election.