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      British savers are moving further away from financial security

      A London restaurant chain has banned customers from paying a tip by card and introduced a 15 per cent “brand” fee instead, just three months before a new legislation makes it compulsory to give staff tips. 

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Politics

  • Everything you need to know about why MPs are debating whether to ban Donald Trump from the UK today

    January 18, 2016

    MPs are gearing up to debate whether or not Donald Trump should be banned from the UK today. The debate follows a petition to have the controversial mogul and US presidential candidate banned from the UK, which garnered over 560,000 signatures in a matter of days. When is the debate happening?  The petition to ban [...]

  • Londoners don’t want students to be classed as immigrants

    January 17, 2016

    The majority of Londoners don’t see foreign students studying in London as immigrants although they are counted as such in official immigration numbers, a survey for lobby group London First has found. Polling, revealed exclusively by City A.M., shows 17 per cent of people think of non-EU international students studying in Britain as immigrants, while only [...]

  • Alex Salmond wants to ban Donald Trump from the UK and Jeremy Corbyn wants to take him to a mosque ahead of petition debate in parliament

    January 17, 2016

    The war of words between the former First Minister Alex Salmond and wannabe President Donald Trump escalated today, after the Scottish MP backed calls to ban the billionaire from the UK over anti-Muslim comments. The two are unlikely to become the best of friends – Trump labelled Salmond a "has-been" with an "over-inflated ego" before Christmas in [...]

  • Davos 2016: Who’s who at the World Economic Forum (and who’s notably absent) – from Leonardo DiCaprio to Travis Kalanick and George Osborne

    January 17, 2016

    If it seems like Davos reads like a who’s who of the world elite, you wouldn’t be wrong. On the Swiss slopes, the annual gathering of the World Economic Forum which kicks off this Wednesday, brings together the world’s biggest politicians, business leaders and a sprinkling of celebrities to liven things up too Leonardo DiCaprio is the [...]

  • Government reportedly mulling over £400m to save Tata plant in Scunthorpe amid fears steel giant will axe another 1,000 jobs in Port Talbot

    January 17, 2016

    Whitehall is reportedly considering loaning £400m to rescue Tata’s Scunthorpe plant, amid fears that the steel giant is gearing up to reveal more job cuts at its Port Talbot plant. The Sunday Times reported over the weekend that the department for business is weighing up a £400m loan as part of a takeover by the private [...]

  • EU referendum: Eurosceptic MP Nick Herbert will lead pro-EU campaign Conservatives for Reform in Europe warning Brexit is “jump into the void”

    January 17, 2016

    Eurosceptic MP and former minister NIck Herbert who campaigned to keep Britain out of the euro will lead a new Tory group lobbying for the UK to remain part of the European Union, warning a Brexit would be a "jump into a void". The new group, Conservatives for Reform in Europe (CRE), believes that the UK should [...]

  • Jeremy Corbyn threatens to block firms’ dividend payments unless they pay the living wage

    January 16, 2016

    Jeremy Corbyn is proposing an idea unlikely to win him any friends in the City. The Labour leader is suggesting blocking dividend payments for companies that don’t pay their employees the living wage. In a speech to the Fabian Society today, Corbyn will suggest that pay inequality is “holding back growth”: Of the G7 nations [...]

  • Fed documents reveal internal unease over quantitative easing

    January 16, 2016

    When the Federal Reserve launched the expansion of its quantitative easing programme in 2010, it was despite several policymakers’ misgivings over what impact this would have on the dollar. Documents freshly released from the Fed’s 2010 meeting reveal internal fears that the programme would be bashed internationally as an attempt to send the dollar lower, [...]

  • EU migrant crisis: Jean-Claude Juncker European economy would suffer if Schengen collapses

    January 15, 2016

    European Commission President Jean-Claude Juncker has said that the European economy would suffer if its internal passport-free zone collapsed in the wake of Europe's worst migration crisis since WW2. Speaking at a news conference in Brussels, Juncker said ending the Schengen agreement would make it harder for citizens of EU countries to find employment, and this would lead [...]

  • No formal role for former Mayor of London Ken Livingstone on Labour defence review

    January 15, 2016

    Unfortunately for former Mayor of London Ken Livingstone, he will not have any formal role on Labour's defence review, according to reports. The defence review is to be led by newly appointed shadow defence secretary Emily Thornberry, and she will have ultimate responsibility for looking into the party's policy on Trident, according to the BBC. Livingstone [...]

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