Labour leadership race odds: Yvette Cooper keeps on gaining ground as bookies continue to shorten odds September 7, 2015 With just one week to go until the Labour leadership election result is announced, bookmakers continue to shorten odds on Yvette Cooper winning. In the latest move by bookmakers, Cooper has been cut to 4/1 with Bet365, the same odds offered by Betfair, William Hill and Paddy Power. Read more: Can geography help us find [...]
PMQs today: Prime Minister David Cameron joins chancellor George Osborne in asking Labour MPs to back government’s fiscal charter October 14, 2015 Prime Minister David Cameron used today's Prime Minister's Questions (PMQs) to attack the Labour party over its U-turn on the government's so-called fiscal charter. Cameron confronted Labour leader Jeremy Corbyn at least four times about the party's last-minute switch to opposing the charter, which will require future governments to maintain a surplus – but Corbyn refused to reply directly to Prime [...]
Tax gap falls to record-low, revealing the failings of Corbynomics, claims secretary to the Treasury David Gauke October 22, 2015 The UK's tax gap has fallen to an all-time low, prompting Labour's critics to ramp up their arguments against Corbynomics. Figures released today by HMRC reveal the tax gap – the difference between the amount of tax that should be collected against what is actually collected – in 2013/14 fell to a record low of 6.4 per [...]
Labour in crisis over tax U-turn: John McDonnell throws party into chaos at ‘car crash’ PLP meeting October 13, 2015 Firebrand shadow chancellor John McDonnell threw the Labour party into further turmoil last night with another screeching policy U-turn, announcing that his party would reject the government’s “fiscal charter” less than one month after saying he planned to support it. The move sparked outrage at a late-night meeting of the Parliamentary Labour Party (PLP), with McDonnell [...]
EU referendum: Even people leaning towards Brexit are still unconvinced September 23, 2015 Nearly half of British voters could still be persuaded to change their minds before the EU referendum, according to a new poll out today. Thirty-one per cent of voters polled by YouGov this summer said that they would "definitely" vote for the UK to stay in the EU, while 23 per cent said that they [...]
John McDonnell at the Labour Party Conference 2015: Balance the budget by going after Google, Starbucks, Amazon and Vodafone September 28, 2015 The newly-appointed shadow chancellor of the exchequer John McDonnell used his first major conference speech today as Jeremy Corbyn's right-hand man to attack the government's austerity plan and go after big companies like Starbucks, Google, Amazon and Vodafone. Calling the Conservatives the party of the "one per cent", McDonnell said austerity was "not an [...]
Punters cash in on Corbyn win three weeks before ballots close August 19, 2015 The bookies are so convinced Jeremy Corbyn will win the Labour leadership contest, at least one oddsmaker has already made payments to punters. Paddy Power said yesterday it was paying out £100,000 on Corbyn – more than three weeks before ballots are due. A winner in the Labour leadership race is set to be announced [...]
Chuka Umunna: Tory mayoral candidate Zac Goldsmith is a threat to London business October 7, 2015 Former shadow business secretary Chuka Umunna has launched a blistering attack on Zac Goldsmith, calling the Conservative candidate for mayor of London a “threat to London jobs and businesses”. Umunna, the Labour MP for Streatham who has endorsed Goldsmith's Labour opponent Sadiq Khan, said: “Londoners can’t afford a mayor who doesn’t get business, doesn’t like [...]
Conservative conference 2015: Boris Johnson urges party to oppose Heathrow expansion October 7, 2015 London mayor Boris Johnson piled extra pressure on the government yesterday, urging it to reject the Airports Commission’s recommendation to expand Heathrow, as Prime Minister David Cameron said he would give him a Cabinet post as soon as next year. In his speech to the Conservative party conference in Manchester, Johnson warned: “If we [...]
Labour leadership race: Liz Kendall now least likely to become next Labour leader July 15, 2015 As the Labour leadership race hots up, Liz Kendall has become the least likely to win and lead her party, as Jeremy Corbyn overtakes her. The most pro-business of the four contenders left, Kendall has tried to separate herself from the rest of the pack by presenting herself as a breath of fresh air. Unfortunately [...]