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      Peers warn ‘passive’ Treasury not aware of private credit risks

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Politics

  • EU referendum: Institute of Economic Affairs say staying in the EU would cost Britain at least £9,265 per household each year

    February 3, 2016

    Remaining in the European Union could cost the United Kingdom at least 13 per cent of gross domestic product (GDP) each year, a leading free market think tank has claimed. In a new report out today by Cardiff Business School professor Patrick Minford, the Institute of Economic Affairs (IEA) said shifts in EU trade policy, [...]

  • EU referendum: David Cameron’s EU reform gamble ahead of in/out referendum divides City opinion

    February 2, 2016

    A draft deal to reform Britain’s relationship with the European Union has fiercely divided the Square Mile, prompting cheers from big business groups and drawing sharp criticisms from sceptical economists and industry leaders. European Council President Donald Tusk tabled a tentative agreement yesterday for a “new settlement” for the UK in the EU, and in [...]

  • New TNS poll shows voters more than three times as likely to be confident in David Cameron than Jeremy Corbyn

    February 2, 2016

    Yet another poll out today shows that voters have more confidence in Prime Minister David Cameron's leadership than that of Labour leader Jeremy Corbyn. TNS polled more than 1,000 British adults, finding nearly one in three people think Cameron is the UK's "strongest party leader", with more than half saying he will still be Prime [...]

  • EU referendum betting odds: Ladbrokes thinks a lot of David Cameron’s renegotiation skills – it’s just slashed the odds of the UK staying in the EU

    February 2, 2016

    Ladbrokes seems to be pretty impressed at the text of Donald Tusk's letter to European heads of state, suggesting a renegotiated relationship for the UK. Today it said that since David Cameron started his negotiation process, the odds of Britain voting to stay in the EU have fallen from 4/7 to 1/3, while the chance [...]

  • From the British Chambers of Commerce to Nigel Farage: Here’s how everyone is reacting to Donald Tusk’s draft EU package

    February 2, 2016

    European Commission president Donald Tusk has unveiled a draft agreement on the new, improved relationship between the UK and the European Union. The agreement includes four "central baskets", including points on economic governance, competitiveness, sovereignty and social benefits and free movement (the full text is available here).  But how have the worlds of business and [...]

  • EU referendum: European Council President Donald Tusk says “challenging negotiations ahead” to secure final reform deal

    February 2, 2016

    European Council President Donald Tusk has today published his long-awaited response to Prime Minister David Cameron's renegotiation efforts, tabling the EU's own proposals for a "new settlement" on the Britain's relationship with the European Union. To be, or not to be together, that is the question… My proposal for a new settlement for #UKinEU https://t.co/w4VSmnbahQ — [...]

  • EU referendum: Boris Johnson slams Prime Minister David Cameron over EU red card

    February 2, 2016

    Prime Minister David Cameron may be claiming victory on a key piece of his European Union reform agenda today, but mayor of London Boris Johnson seemed less than impressed when asked about Cameron's renegotiation efforts this morning. A draft agreement tabled by European Council President Donald Tusk this afternoon includes a new so-called red card for [...]

  • EU referendum: Full text of Donald Tusk’s letter to EU leaders on Prime Minister David Cameron’s reform agenda

    February 2, 2016

    European Council President Donald Tusk just published his long-awaited response to Prime Minister David Cameron's renegotiation demands. To be, or not to be together, that is the question… My proposal for a new settlement for #UKinEU https://t.co/w4VSmnbahQ — Charles Michel (@eucopresident) February 2, 2016 Full text of his letter to EU leaders below: Keeping the unity [...]

  • No new Safe Harbour agreement: Experts warn of “absolutely enormous” disruption to business as EU and US fail to strike data transfer deal before deadline

    February 2, 2016

    As EU and US negotiators failed their mission to reach a new landmark Safe Harbour agreement before the deadline, experts are warning of “absolutely enormous” risks to business. The deadline to strike a new data transfer regulation ran out yesterday, as talks reportedly hit a brick wall over EU citizens’ options in the event of [...]

  • Ted Cruz beats Donald Trump in Iowa caucus – but Democrat race is tight between Hillary Clinton and Bernie Sanders

    February 2, 2016

    Ted Cruz has beaten Donald Trump for Republican candidacy in the crucial Iowa caucus last night – but the battle between Democrat candidates Hillary Clinton has come up surprisingly close.  Cruz won 28 per cent of the vote in last night's primary, while Trump – who has in the past called Iowans "stupid" – took just 24 [...]

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