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The Latest Breaking News from John Glen

Scottish Government can borrow more under new deal on devolution finance

It doubles the resource borrowing annual limit to £600 million.

The Independent UK

What the public sector pay rises announced by Government mean for strikes, budgets and inflation

The Government has announced significant pay increases for public sector workers of around 6% or more

Evening Standard

HS2 'isn't going to change' to give Wales a financial share, minister says

Wales has missed out on £5bn but it doesn't look like that will be changing anytime soon

Wales Online

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Wagner rebellion turmoil an ‘internal matter’ for Russia, says John Glen

Fallout from the mercenary group’s march on Moscow continues

The Independent UK

Rishi Sunak willing to ignore recommended public sector pay rises, says minister

Sunak says he is willing to be unpopular, as Treasury minister John Glen says government has to consider inflation before accepting coming year’s awards

The Independent UK

UK billpayers may pick up tab for green levies as energy price cap ends

Minister hints at government uncertainty as Jacob Rees-Mogg warns against ‘sly’ reintroduction of charges

The Guardian - UK

UK government willing to ignore public sector pay review bodies, minister says

Chief secretary to the Treasury confirms some recommended rises could be blocked despite prospect of strikes

The Guardian - UK

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Wagner rebellion turmoil an ‘internal matter’ for Russia – minister

Chief Secretary to the Treasury John Glen made the comments as the fallout from the mercenary group’s march on Moscow continues.

The Independent UK

Housebuilders cut back on construction as UK mortgage rate rises spook buyers

Work on residential building sites slips in May to weakest level since 2009

The Guardian - UK

Interest rate fears drive housebuilding down at pace only seen during pandemic and financial crisis

The data “will send a chill down the spine of the UK economy”, economist Dr John Glen said

Evening Standard

Events marking Queen Elizabeth’s death cost the public £161.7m, figures show

Critics say the extravagance is inappropriate when people are struggling with the cost of living crisis

The Guardian - UK

Full cost to nation of Queen's state funeral revealed by Treasury

More than £161million was spent during the period of national mourning

Wales Online

Chancellor Jeremy Hunt’s pensions shake-up receives support from MPs

MPs voted 330 to 233, majority 97, in favour of the Budget resolution on the lifetime allowance charge and annual allowance.

The Independent UK

Freeport bid has Treasury's 'conditional approval' as Humber customs zone awaited

Latest development welcomed as key step towards securing major economic benefits as 7,000 jobs underlined

Birmingham Post

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The Independent UK

Budget to provide extra £130m for public spending in N Ireland, says Government

Minister Steve Baker said all public services in Northern Ireland would suffer without the return of Stormont.

Daily Mirror

5 bits of bad news slipped out by the Tories before Parliament's half-term break

Parliament has gone into its half term recess and MPs aren't due to return to the Commons until February 20 - giving the Government an ideal moment to rush out some tricky announcements

Daily Mirror

Bungling ministers pay £2.3 BILLION after allowing criminal gangs to flog cheap goods

Tory MP John Glen, Chief Secretary to the Treasury, admitted handing over the massive sum to settle a dispute which has rumbled on for 12 years

Reuters

Britain says it paid $2.8 billion to EU to settle Chinese import fraud case

Britain's finance ministry said on Thursday it had paid 2.6 billion euros ($2.8 billion) to the European Union, after an EU court ruled that the former EU member should pay billions of euros it failed to collect due to fraud on imports from China.

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The Independent UK

Mortgage guarantee scheme to help first-time buyers extended for 12 months

The programme is aimed to help creditworthy households who are struggling to save for higher mortgage deposits get on the housing ladder.

The Guardian - UK

Did Jeremy Hunt’s budget rescue the Tories – or is the game up?

In the shadow of the Truss debacle and with hard times ahead, the chancellor faced a ‘politically impossible’ job, according to a former Tory minister. But the party’s morale is at rock bottom

The National (Scotland)

Treasury minister 'doesn't recognise' claims Scotland short changed by £1.7bn

The Chief Secretary to the Treasury was asked if he had any response to the SNP’s claims that Scotland was being “short-changed” by the UK

The Independent UK

Scottish Government to receive ‘very generous’ additional £1.5bn – UK minister

John Glen said the sum comes from spending decisions announced by the Chancellor for health and education south of the border.

Daily Mirror

Tory Esther McVey warns Liz Truss slashing benefits will be a 'huge mistake'

The former Work and Pensions Secretary joined the chorus against Liz Truss warning 'it cannot be that the books are balanced on the back of benefits. That is not right at all'

Evening Standard

Former Sky finance head Griffith appointed City minister

He replaces John Glen who formerly presided over business in the Square Mile

Daily Mirror

All the Tories resigning to oust Boris Johnson as more than 50 quit government

More than 50 Tories have quit the government, from Cabinet ministers to aides to moderates to Red Wallers. All are demanding he quit. Here's the full list - and their savage letters

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