A watchdog must do more than bare teeth October 23, 2015 It's little surprise that two of the City’s fiercest watchdogs avoided banker-bashing rhetoric at Mansion House last night. Tracey McDermott and Andrew Bailey were, after all, speaking to around 300 financial sector workers at this year’s City Banquet hosted by Lord Mayor Alan Yarrow. Both followed one of the primary rules of public speaking – [...]
Here’s what we know about Jeremy Corbyn’s Labour shadow cabinet: Andy Burnham shadow home secretary – and Chuka Umunna quits front bench September 13, 2015 Jeremy Corbyn, the newly appointed leader of the Labour party, has been working on putting together a shadow cabinet in his first full day on the job – and made his first appointments on Sunday evening. John McDonnell has been appointed shadow chancellor, Seema Malhotra as shadow Treasury secretary and Angela Eagle as shadow BIS. [...]
Who will be the first of Jeremy Corbyn’s shadow cabinet to resign? September 15, 2015 It may only be three days since Jeremy Corbyn decisively won the Labour leadership election, and a day after his shadow cabinet was announced, but dividing lines are already being drawn by Corbyn’s new front bench. New deputy leader Tom Watson has said there is “zero chance of a coup”, but having a new leader [...]
Labour’s lost it: Jeremy Corbyn’s new shadow chancellor John McDonnell wants to seize shares and impose 60 per cent tax rate September 14, 2015 Jeremy Corbyn’s Labour party last night signalled a dramatic lurch to the left with the appointment of radical socialist John McDonnell as its new shadow chancellor. McDonnell proposes the full public ownership of Britain’s banking system in order “to take control of our casino economy” and has described his interests as "fermenting [sic] the [...]
Everything you need to know about Jeremy Corbyn’s win including the shadow cabinet appointments, resignations, policies and response September 14, 2015 Jeremy Corbyn's first day as Labour leader has thrown the party into disarray amid a slew of resignations from some of the party's foremost MPs and confusion over exactly what his policies will be. Corbyn's acceptance speech, described by some as rambling, included thanks to unions such as RMT and the RBU, saying Labour [...]
General Election 2015: The London battlegrounds that could hold the balance of power February 5, 2015 London could hold the balance of power in the upcoming General Election, with the major parties gearing up to target at least 11 of its tightest seats. Five London constituencies feature in Labour’s top 50 target seats – Hendon, Brent Central, Brentford & Isleworth, Croydon Central and Enfield North. The Conservatives are looking to take [...]
Lord Mayor to tell Mansion House: City miscreants are guilty of theft June 9, 2015 Lord Mayor Alan Yarrow will demand that the City’s bad eggs are made to pay for their misbehaviour, during a hard-hitting speech at tonight’s Mansion House dinner. “I have little sympathy for those who put themselves before their clients – using their firms to feather their own beds,” the Lord Mayor will say, arguing [...]
July Budget 2015: Boris Johnson says cut top tax rate and introduce living wage July 6, 2015 Boris Johnson has said he thinks the government should cut the top rate of income tax from 45 pence and simultaneously make some of Britain's biggest companies pay the living wage. The London mayor argues only boosting the income of society's richest individuals is unfair, and should be matched with pay increases for low-paid employees [...]
EU referendum: Stop the complacency or Britain could sleepwalk out of the European Union October 1, 2015 There must have been something in the water at Number 11 Downing Street in the 1970s and 1980s: two of the most famous post-war chancellors have now said they will vote Out in David Cameron’s forthcoming EU referendum. Denis Healey told the New Statesman some time ago that he would vote to quit Europe [...]
George Osborne: Greek crisis could go from bad to worse July 6, 2015 Chancellor George Osborne has warned that the economic crisis in Greece has reached a “critical moment” with far-reaching consequences for the UK economy. “No-one should be under any illusions,” Osborne said yesterday in the House of Commons. “The situation risks going from bad to worse,” he added. “Britain will be affected the longer the Greek crisis [...]