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The Latest Breaking News from Andrew Griffith

While we focus on Dominic West in a banned advert, the banks are short-changing us all

The fuss over an outlawed commercial threatens to obscure the fact that the industry is reaping record profits for a poorer service, says Hannah Dewhirst, head of campaigns at Positive Money

The Guardian - UK

Commuters hit by train delays and mortgage bill hikes told by minister: 'You're being grumpy'

Science minister Andrew Griffith took the seemingly unusual approach of trying to woo voters as his party flatlines in the polls on around 20 per cent

Evening Standard

UK Takes The Lead In Space Sustainability With New Satellite Refuelling Funding

The UK space sector could become a driving force in space sustainability as the UK government announced funding and gave contracts to three space companies to develop in-orbit satellite refuelling technology.

International Business Times UK

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'Come back' Boris: Minister urges ex-PM to rejoin fight as Tories trail Labour in the polls

Science minister Andrew Griffith reached out to Boris Johnson to help the Conservatives in getting their messages across to voters

Evening Standard

Nigel Farage lobbied senior Tory minister over NatWest complaint

Emily Thornberry accuses Farage and Andrew Griffith of ‘secretly conspiring’ over de-banking issue

The Guardian - UK

Tory space minister mixes up Mars and the Sun

Andrew Griffith, who has been in charge of the space sector since November, also mistook Jupiter for Saturn.

The Independent UK

Reports Government plans to curb under-16s’ social media use ‘speculation’

Science minister Andrew Griffith would not be drawn on reports the Government was considering plans to restrict social media access for teenagers.

The Independent UK

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Rishi Sunak considers crackdown on social media use for under-16s

Ministers mulling new action to limit children’s exposure to harmful content

The Independent UK

Economic boost for Sunak - but fresh tax cuts calls erupt

Economy grew much more than expected at the start of the year

The Independent UK

Treasury minister rules out tax cuts amid Tory warning over burden on Britons

Andrew Griffith defended the Government as experts said parliament will have presided over the biggest set of tax rises since the 1940s.

The Independent UK

UK Treasury minister defends tax plans in face of biggest rise on record

Andrew Griffith says government will stick to spending proposals despite growing pressure to cut taxes

The Guardian - UK

Minister raises hopes of pre-election tax cuts next year

But Andrew Griffith stresses that the focus ‘right now’ must be on cutting inflation

Evening Standard

Two years and £45m of taxpayer cash: the steady launch of state bank UKIB

Leeds-based bank may finally be in position to support regional development and net zero climate ambitions

The Guardian - UK

Oil hits $90 per barrel as Saudi Arabia and Russia extend production cuts; UK business activity falls – as it happened

Rolling coverage of the latest economic and financial news, as Brent crude hits its highest level of 2023

The Guardian - UK

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The Independent UK

Government will not force shops to take cash, Rishi Sunak confirms

Rishi Sunak said it is not ‘appropriate’ for the government to ‘impose on individuals how they should do business’

The Independent UK

NS&I launches new issues of savings products with rates of more than 6%

NS&I has launched new issues of its one-year Guaranteed Growth Bonds and Guaranteed Income Bonds from Wednesday.

The Independent UK

Banks to be fined if they fail to provide free cash machines that actually work

Free cash machines should be no more than one mile away in cities or three miles away in rural areas, under the new government measures

The Independent UK

Treasury plans assure access to cash facilities

The FCA has been given powers to protect the provision of cash access services.

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The Guardian - UK

Buy now, pay later firms stay unregulated – and Britons are racking up debt

Estimates suggest one in 10 consumers who use companies such as Klarna and Clearpay end up with debt collectors as no safeguards in place

The Guardian - UK

NatWest chair quitting over Coutts row would not be ‘helpful’, says City minister

Andrew Griffith backs Sir Howard Davies staying in post after resignations of chief executive and head of private banking arm

Reason

UK Banks Commit to "the Principle of Non-Discrimination Based on Lawful Freedom of Expression" as to Clients

From The Independent (UK): Economic secretary Andrew Griffith told the bosses of some of the UK's biggest banks on Wednesday that it is important to protect freedom of expression…. It came after former politician Nigel Farage's bank account with Coutts—a bank for the ultra wealthy—was closed. The account was shut…

The Guardian - UK

Coutts chief quits and crisis wipes £1bn off NatWest shares

Ousting of private bank’s chief may not be final departure as future of NatWest Group chairman looks uncertain

Evening Standard

OPINION - Russophobia is now the secret weapon of corporate hypocrites

Until yesterday, you’d have been forgiven for thinking the outcome of the Coutts-Nigel Farage debacle was a lecture on customer service. City minister Andrew Griffith summoned our banks for a little chat, as if they were naughty school children who’d written swear words on the board.

The Independent UK

Treasury officials weigh 40-year mortgages to help first-time buyers

Long-term fixed-rate deals are popular in the Netherlands and Denmark and protect borrowers from interest rate spikes

The Guardian - UK

NatWest was caught out by Nigel Farage’s deft political game

Tory anger over Coutts affair led to bank’s board feeling it had no choice but to sack CEO Alison Rose

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