Business secretary Sajid Javid looking for role of chancellor as he says “we’re all Brexiteers now” June 29, 2016 Business secretary Sajid Javid today confirmed that he is running on a joint ticket for the Tory leadership with work and pensions secretary Stephen Crabb and hopes to take on the role of chancellor if they are successful. Javid, who supported Remain in the build-up to the referendum, said that Crabb is the right candidate as [...]
Some non-UK citizens have been given EU referendum postal votes, the Electoral Commission has admitted June 2, 2016 A number of non-UK residents have been handed postal votes and polling cards for the upcoming EU referendum, the Electoral Commission has admitted. The election watchdog blamed the problem on software used by some local authorities in England and Wales, but said it was still working to establish the numbers affected. This month’s referendum on [...]
Bookies’ odds: Boris Johnson has overtaken Theresa May in the Conservative Party leadership race June 29, 2016 Boris Johnson has overtaken yesterday's bookies' favourite Theresa May and is back in front in the three horse race to get to 10 Downing Street. Principal rival May was briefly the bookies' favourite yesterday, however a "surge" in Johnson bets has forced him back to the top of the list at evens, according to Ladbrokes. May's [...]
Pressure grows on Tata to push ahead with sale July 4, 2016 Bidders involved in the Tata Steel sales process have urged the Indian company to continue to look for a buyer, following reports the sale will be put on hold. Tata has reportedly paused the sales process following the Brexit vote and a jump in steel prices. An industry source told City A.M.: “If this is true [...]
Who’s in and who’s out of Jeremy Corbyn’s frontbench team? June 27, 2016 The Labour Party has been plunged into turmoil following the EU referendum result, with mass resignations, a leader who insists he is going nowhere and the prospect of bitter leadership battles in both the Labour and Conservative parties this summer. With the string of frontbench resignations stacking up and Jeremy Corbyn himself scrambling to announce replacements, for [...]
George Osborne rules himself out of race to succeed David Cameron June 28, 2016 George Osborne will not be the next prime minister of the United Kingdom, he has confirmed this morning. The chancellor, long seen as the natural successor to David Cameron, has decided not to run in the upcoming leadership election to take over from the prime minister, who announced his resignation hours after the UK voted [...]
Former Labour leader Neil Kinnock tells Jeremy Corbyn to resign July 3, 2016 Former Labour leader Lord Kinnock has urged Jeremy Corbyn to give up his battle to remain as leader of the party in the face of overwhelming opposition from Labour MPs. Kinnock, who lost to John Major in the 1992 general election, also said Corbyn would have to secure the backing of at least 50 MPs [...]
IDS: “Lax” Electoral Commission provisions may give referendum votes to non UK-citizens June 2, 2016 Former work and pensions secretary Iain Duncan Smith has blasted the Electoral Commission over fears that UK resident EU citizens may be able to vote in this month's referendum. The franchise for the 23 June vote excludes EU citizens resident in the UK, however, Duncan Smith and Tory backbencher Bernard Jenkin have now raised fears [...]
FCA must act to cap monthly charges on unauthorised bank overdrafts says Labour MP May 23, 2016 Labour MP and Treasury committee member Rachel Reeves has called on the FCA to go beyond the recommendations of the Competion and Markets Authority and install a cap on banks' unauthorised overdraft charges. The CMA last week proposed that banks should be forced to set their own cap on the amounts that they can charge customers [...]
David Cameron makes case for “compassionate conservatism” while Stephen Crabb will rule out disability benefit cuts following resignation of Iain Duncan Smith March 21, 2016 Prime Minister David Cameron has defended his compassionate conservative credentials today, days after Iain Duncan Smith quit amid a row over the Budget. Cameron told MPs this afternoon that he is committed to "compassionate conservatism" after Duncan Smith left his role as work and pensions secretary over what he called a deeply unfair Budget. Read more: [...]