People’s QE makes strange bedfellows: Jeremy Corbyn is not the first to pitch a quantitative easing for people September 18, 2015 Labour's new hard-left leader Jeremy Corbyn has proposed a range of ideas to transform Britain into an idyllic land of equality, where public sector workers happily whistle while they work and joyous children skip hand-in-hand through rainbows. Some of these brainwaves have become known as “Corbynomics”, among which is a plan – coined The [...]
New chancellor Philip Hammond should resist the temptation to splash the cash in the wake of the UK’s Brexit vote August 5, 2016 No one can accuse the Bank of England of shying away from its responsibilities. Whether you’re a dove or a hawk, it’s impossible to deny that yesterday’s move was an exceptionally bold attempt to help the British economy deal with the fallout from June’s Brexit vote. Attention has quickly turned to the government, with Bank [...]
Even Jeremy Corbyn’s leadership victory hasn’t improved Labour’s fortunes in Scotland, according to new poll October 8, 2015 Jeremy Corbyn’s electoral success had led to optimism that Labour can regain some ground in Scotland that was lost in the 2015 General Election. A new poll, however, has suggested that the election of the new leaders of UK and Scottish Labour has had no immediate impact “on the standing of the party in Scotland, where it [...]
Jeremy Corbyn’s dangerous foreign policy would be a disaster for Britain August 16, 2015 I assume that soon-to-be Labour leader Jeremy Corbyn has more than a passing understanding of Lenin, if of little else. One of the Soviet revolutionary’s more piercing insights involves his belief that non-revolutionary members of the European left – or useful idiots, as he apocryphally put it – should be taken advantage of by genuine [...]
On your bike, Britain: How to get the best post-Brexit deal July 4, 2016 After the exhilaration of the last week, the political realities of leaving the European Union have hit Britain with an almighty thud. Rather than focusing on using their wonderful new-found freedom to unveil a foreign and trade policy fit for the multi-polar world, the Conservatives have instead contented themselves with fighting like ferrets in a sack [...]
Labour leadership challenger Owen Smith has proposed new limits on private sector pay for government contractors August 3, 2016 Labour leadership candidate Owen Smith is facing questions over his proposals for a new “high pay commission” to explore new pay ceilings for the private sector. In a speech today, Smith will promise to explore whether to install maximum pay ratios between top and average earners for private firms doing public sector work. While he has yet [...]
Now you can’t even escape your boss at Glastonbury, as EE launches Wifi hotspots at this year’s festival June 20, 2016 Around 70 per cent of UK workers say they are regularly asked to work outside of their office hours, but the summer festival season should offer some relief. Starting from Thursday and wrapping up on Sunday night, those heading to Glastonbury need to take at least three days of annual leave to enjoy the whole thing, [...]
Labour frontrunner Jeremy Corbyn calls current levels of corporate pay “ludicrous” August 23, 2015 In an interview today, Jeremy Corbyn attacked corporate pay and claimed bankers need to wake up to Britain's “gross inequalities”. Speaking to the FT, the Labour frontrunner described the salaries and bonuses out by some businesses as “ludicrous”, and said he is investigating every organisation. I do think the salary level and the bonus [...]
As Jeremy Corbyn is criticised for his male-heavy shadow cabinet, has Labour got a woman problem? September 14, 2015 Atul Hatwal, editor of Labour Uncut, says Yes Boy oh boy, Labour really has a woman problem. No woman deemed able enough to fill any of the big jobs. A commitment from Jeremy Corbyn that half of his shadow cabinet would be women already broken, with just 10 women appointed out of 22 full members. [...]
Labour hits back at Osborne’s plans to cut corportation tax July 4, 2016 The Labour party has hit back at reports that the chancellor is planning to cut corporation tax to 15 per cent. Shadow chancellor John McDonnell said that the government needs to rethink cuts to government investment and bring forward "shovel-ready projects". "This is a futile and costly gesture from a lame-duck chancellor who is clean [...]