Jeremy Corbyn launches leadership campaign stating he wants to tackle nation’s “five ills” July 21, 2016 Incumbent Labour leader Jeremy Corbyn has pledged to fight "five ills of 21st century Britain" as he launched his bid to retain his place at the top of the party. Corbyn promised to fight against inequality, neglect, prejudice, insecurity and discrimination as he launched his campaign today in central London. Future Labour governments will require [...]
EU referendum: Former Greek finance minister Yanis Varoufakis says Mayor of London Boris Johnson is right about lack of democracy in the EU March 3, 2016 Mayor of London Boris Johnson is right in stating the European Union has a democratic deficit, former Greek finance minister Yanis Varoufakis has said. While Varoufakis wants the UK to stay in the EU, he said that when Johnson declared support for Brexit "he said, quite correctly, that Brussels is suffering from a serious lack [...]
Brexit or Bremain, these are the five winners and five losers of the EU referendum campaign June 23, 2016 The polls are open, the politicians have left the stage, and the responsibility for deciding whether Britain remains a member of the EU now rests with the British people. But the referendum has itself thrown up winners and losers. Here are five of each: The Winners The old: Brexit is no country for young men. [...]
Brexit could cut sterling by 15 per cent and cost 800k jobs, says Treasury May 23, 2016 A vote to leave the European Union could see the UK's economy hit by a recession, a spike in inflation and a rise in unemployment, according to government figures. While business secretary Sajid Javid earlier warned that 500,000 jobs would be at risk, Treasury figures now estimate that in a "severe shock" scenario, unemployment would rise by around [...]
The Investment Association reveals productivity plan aimed at bolstering the UK economy through long-term investment March 22, 2016 The Investment Association has today unveiled its plans to boost the UK's productivity through long-term investment. Among the Productivity Action Plan's key areas of focus for removing barriers to long-term investment are improving investor engagement, enhancing company reporting to better show to what extent firms are contributing to the economy and contributing more to the debate on tax [...]
George Osborne is right to back Crossrail 2 – but London should pay for it March 15, 2016 Crossrail hasn’t even opened but already attention is turning to its £32bn successor. The second stage would relieve congestion on the Northern and Victoria lines, and connect Surrey and Hertfordshire with central London. The capital’s business leaders are already warning that any repeat of the wrangling that so delayed the first line would be disastrous. [...]
Why lawyers would be worse off outside the EU – despite a short-term Brexit boost April 25, 2016 I spoke last week at a Brexit debate hosted by Thomson Reuters; the impact on bankers and lawyers was the subject of discussion. More specifically, the question was “would Brexit be bad news for these two industries?” The poll at the end of this lively debate showed around 72 per cent of the audience thinking [...]
EU referendum: City of London Corporation signs off on campaigning for the UK to remain in the EU March 3, 2016 The City of London Corporation has today signed off on supporting Britain remaining in the European Union, rejecting calls from Corporation members and other City leaders to remain neutral in the run-up to the EU referendum on 23 June. According to a statement issued this afternoon, the Corporation's main decision-making body, the Court of Common [...]
EU referendum: Prominent “leave” and “remain” campaigners including Boris Johnson, George Osborne and Lord Stuart Rose called before the Treasury Select Committee February 23, 2016 Prominent advocates of both continued membership and withdrawal of the EU have been called to appear before the influential Treasury Select Committee to give evidence. Committee chairman Andrew Tyrie has announced a number of evidence sessions with campaigners and decision-markers in the build up to the EU referendum on 23 June. Focussing on the financial and economic [...]
The Queen’s Speech 2016: Here’s everything announced today May 18, 2016 Today's Queen's Speech was announced as a “one nation” effort by Prime Minister David Cameron, and was set around three principles – the economy, increasing chances for the disadvantaged and security. The economy – digital, transport, planning and jobs The Queen laid out plans to modernise Britain's climate for business through a Digital Economy Bill, [...]