Syria air strikes: Labour confirms MPs will have a free vote on bombing campaign November 30, 2015 The Labour party has confirmed that its MPs will have a "free vote" on the government's proposal to extend the military's anti-ISIS bombing campaign into Syria. In a statement this afternoon, a spokesperson for Labour leader Jeremy Corbyn said: "Today's shadow cabinet agreed to back Jeremy Corbyn's recommendation of a free vote on the Government's proposal [...]
From Mario Draghi on markets to Yanis Varoufakis on creditors: This is 2015 in quotes December 14, 2015 It’s been an action packed year – for better or worse. We’ve had a General Election, watched Greece come close to exiting the Eurozone, witnessed a Chinese economic slowdown and near financial crash- and the year isn’t even over. Here's what the world's good and great had to say while 2015 was happening… Sean Rad [...]
Allianz’s Mohamed El-Erian warns global economy will continue to face “improbables” like Trump, oil price fluctuation and UK’s Brexit vote March 15, 2016 Allianz chief economic adviser Mohamed El-Erian has warned the world economy will face more “improbables” like the "Trump phenomenon", oil price fluctuation and China's struggles in the coming years. El-Erian, who is chair of President Barack Obama’s Global Development Council, also spoke about Britain’s EU referendum vote being a result of the global rise of non-traditional political parties. On [...]
UK steel crisis: Tata Steel looking into sale of UK assets, including Port Talbot operation in Wales, as Labour leader Corbyn and unions call for government intervention March 30, 2016 Tata Steel is set to sell its UK assets, putting thousands of jobs at risk, after crunch talks held yesterday between the company, politicians and union bosses in Mumbai failed to deliver a different solution. The company said last night that it had told the board of Tata Steel Europe to "explore all options for portfolio restructuring including [...]
Tube strikes 2016: London mayor Boris Johnson and Zac Goldsmith slam Sadiq Khan over union support January 11, 2016 London mayor Boris Johnson has slammed Labour's City Hall hopeful Sadiq Khan, calling him a "tool" of the unions after Khan blamed Johnson for an increase in industrial action on London's Tube and buses. Johnson attacked Khan for failing to condemn the latest round of strikes, saying he is "entirely motivated by the self-interest of union [...]
Trident debate: Scottish Labour vote against renewal and choose to scrap nuclear missile system November 1, 2015 Scottish Labour have voted to scrap the United Kingdom's Trident nuclear missile system, based in Scotland. The party's conference in Perth saw delegates calling for the system not to be renewed. Some 70.3 per cent of party members voted in favour of unilateral disarmament. In response to the vote a spokesperson for Jeremy Corbyn said: “The [...]
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 [...]
Former Conservative chancellor Lord Lawson calls for corporate tax reform in the wake of Google row January 30, 2016 A former Conservative chancellor has urged the government to ditch corporation tax which he says has "had its day", weighing in on an increasingly heated row over tech giant Google's arrangement in the UK. Lord Lawson, who was part of the Thatcher government from 1983 to 1989, said that the government should instead tax a company's sales. "It is [...]
Labour’s latest attack on private enterprise January 18, 2016 There’s a popular game called Cards Against Humanity that shocked and delighted families around the table this Christmas. The idea is simple: one card contains the fairly innocuous opening part of a sentence and a second card is then offered that completes the phrase in a particularly vulgar, amusing and random fashion. Hilarity ensues. The [...]
Train fare rises: The worst value rail journeys in Britain revealed as London to Newcastle, London to Edinburgh and London to Leeds January 11, 2016 A new study has revealed which rail journeys offer the worst value for money compared with the cost of driving – and some of the routes are even slower than going the distance in four wheels. A return trip from London to Newcastle costs nearly £159 more than travelling by car, making it the worst value [...]