Goldman Sachs will have two EU hubs after Brexit, says Lloyd Blankfein November 20, 2017 Goldman Sachs will have hubs in both Paris and Frankfurt after Brexit, the bank’s boss has said. In an interview with French newspaper Le Figaro, Lloyd Blankfein said the bank will have centres in “the two largest European economies”, according to the Financial Times. “We will have more employees on the continent,” he said. “After [...]
Would a Labour government be as bad for Britain as Brexit? Morgan Stanley thinks so December 5, 2017 On Friday morning, Labour leader Jeremy Corbyn came out fighting against one of the world’s largest banks. Why? Earlier in the week, the bank in question, Morgan Stanley, had warned the chance of a snap UK election by the Autumn of next year was currently above 60 per cent. But the bank also warned that [...]
Jeremy Corbyn re-elected as Labour Party leader September 24, 2016 Jeremy Corbyn has won his second Labour leadership contest despite concerns over his ability to take the party to victory in a General Election. The Islington North MP extended last year's winning margin after attracting 313,309 votes, which amounts to a share of 61.8 per cent. The figure put Corbyn comfortably ahead of challenger Owen Smith who received 193,229 [...]
Bookies slash the odds on Andrea Leadsom to replace Theresa May as next UK Prime Minister November 3, 2017 Bookies have slashed the odds on the prospect of Andrea Leadsom becoming the next Prime Minister. Leadsom, who ran against Theresa May for the top job after the Brexit vote, has been in the headlines today after it emerged she demanded Michael Fallon leave his role as defence secretary. Read more: Theresa May limps on [...]
Has Labour under Jeremy Corbyn become completely irrelevant? September 28, 2016 Alex Deane, managing director at FTI Consulting and common councilman in the City of London Corporation, says Yes. While I’m a Tory, there’s no schadenfreude for me in answering “yes” to this. Our country needs a strong opposition; while Jeremy Corbyn continues to lead Labour, we do not have it. Legislation which should be challenged goes [...]
In quotes: Jeremy Corbyn’s quite sarcastic Today programme appearance September 19, 2016 Two days before the ballot closes in the Labour leadership contest, Jeremy Corbyn has given his first interview to the BBC's flagship Today programme since the contest started in July. The programme, widely seen as agenda-setting in Westminster, the City and beyond attracts an average weekly audience of 7.4 million listeners. That's only 1.9 million [...]
Jeremy Corbyn is to demand an end to “trench warfare” within Labour September 27, 2016 Jeremy Corbyn will tomorrow tell Labour members to end “trench warfare” within the party, warning of the risks of an early general election. Addressing the Labour party conference in Liverpool, Corbyn is expected to demand MPs and party members rally around his leadership and focus on fighting the Conservatives. It comes at the end of [...]
Labour leader Jeremy Corbyn will now renew the attack on capitalism September 26, 2016 You may not have spent your Saturday morning huddled round the TV waiting for the result of the Labour leadership election to be announced, but you probably haven't missed the fact that Jeremy Corbyn saw off his challenger and cemented his position as leader of Her Majesty’s Most Loyal Opposition. Yes, Jeremy’s going nowhere – [...]
An underappreciated side effect of Brexit talks March 23, 2018 As the Brexit referendum nears its two-year anniversary, Brexit continues dominating economic and political media coverage. We have observed no shortage of angles, including: What is the latest snag in negotiations? Will Brussels and London make their deadlines? Can Prime Minister Theresa May keep her cabinet in order? We believe this nonstop Brexit coverage obscures [...]
UK shadow chancellor John McDonnell slammed for refusing to cost Labour’s nationalisation plans on Andrew Marr show November 20, 2017 John McDonnell faced sharp criticism last night after he refused to say how much Labour’s sweeping nationalisation plans would cost. Speaking on the BBC’s Andrew Marr show, the firebrand shadow chancellor said “you don’t need a number” for the cost of nationalising firms because the companies’ subsequent profits would pay for the initial borrowing cost [...]