Theresa May’s reported Brexit plan has been endorsed by an influential think tank January 16, 2017 Prime Minister Theresa May's reported plans to quit both the Single Market and the European customs union have been backed by a former chancellor, who also warns that no "remotely acceptable" trade deal is possible. This weekend saw reports emerge that May will this week make clear her willingness to quit the EU's trading blocs in order [...]
Editor’s Notes: Tory immigration policy will harm the City and our economy, Corbyn’s deleted Chavez past and City AM founders included in Change Makers series May 26, 2017 Back when George Osborne was chancellor and Theresa May was home secretary, the pair would argue over the wisdom of seeking dramatic reductions in net migration. May was obsessed with the idea, and clearly still is, whereas Osborne was instinctively more comfortable with the view that immigration was nothing to worry about and the benefits [...]
MPs just voted overwhelmingly to back an Article 50 Bill February 1, 2017 An overwhelming majority of almost 500 MPs have expressed their support for a Bill granting Prime Minister Theresa May the power to begin Brexit negotiations. In the first vote in the House of Commons on the Article 50 Bill, 498 MPs backed the legislation moving to the next stage, where amendments can be tabled. By contrast [...]
The Treasury needs to rebuild public trust February 13, 2017 Lord Kerslake popped up on Sunday morning to discuss the findings of his review into the current state of the Treasury. Kerslake, a former head of the civil service, was commissioned by shadow chancellor John McDonnell to assess the capabilities and remit of HMT and his findings look set to make interesting reading. Kerslake’s report is [...]
Now arriving in Downing Street: Who has Theresa May appointed to her first cabinet? July 14, 2016 New Prime Minister Theresa May has continued to build her first government, with a raft of key appointments. With Boris Johnson, David Davis and Liam Fox among the key arrivals yesterday, and a brutal purge kicking off this morning, who has May appointed across her cabinet today? Greg Clark takes on the new BEIS, swapping [...]
John McDonnell says Labour’s frontbench Brexit rebels may not face the sack February 2, 2017 Labour shadow chancellor John McDonnell has said the party's Brexit rebels may be able to serve on the frontbench, despite disobeying direct orders. 13 Labour shadow ministers, including three party whips, voted against the progress of the Article 50 Bill in the House of Commons last night, ignoring instructions from party leader Jeremy Corbyn to [...]
Scrap UK tariffs on imports and give the UK a four per cent boost in GDP say Brexit-backing wonks February 16, 2017 Scrapping all tariffs on imports into the UK would add as much as four per cent to GDP after Brexit, a group of economists has claimed. A cabal of Brexit-supporting academics argue that the end of all import tariffs would cut prices in the UK and improve both productivity and competition in the UK. The newly re-branded [...]
One more time? Angela Merkel confirms she seek a fourth term November 20, 2016 German Chancellor Angela Merkel has today confirmed she intends to run for a fourth term. Merkel announced she planned to stand as the leader of the Christian Democratic Union, and therefore Chancellor, again. "I thought about this for an endlessly long time. The decision [to run] for a fourth term is – after 11 years in office – anything [...]
We won’t build a Global Britain with the highest taxes on air travel in the world February 20, 2017 The Prime Minister – in her Lancaster House speech last month – set out her vision for Brexit and her goal of “a truly global Britain”. She has been clear that she seeks to lead “a country that reaches beyond the borders of Europe” and “a country that goes into the world to build relationships”. [...]
Businesses could be hit with £1,000 levy per EU worker after Brexit January 11, 2017 Employers could face a £1,000 charge for every EU worker they recruit under plans being considered by the Home Office. Immigration minister Robert Goodwill revealed the controversial plans earlier today in a House of Lords subcommittee looking at post-Brexit migration rules. Goodwill claimed the charge will "be helpful to British workers who feel they are overlooked". Read [...]