Labour leadership election: Key business policies from Jeremy Corbyn, Andy Burnham, Yvette Cooper and Liz Kendall September 9, 2015 With three days until the new Labour leader is announced, we've looked at the business policies from each of the four candidates. Read more: Candidates clash over business as Kendall urges party to back "wealth creation" Jeremy Corbyn Corbyn has argued for a fundamental shift in economic policy. Corbyn is considered the most left-wing candidate [...]
Sadiq Khan will need to be radical in his thinking to solve London housing crisis May 12, 2016 The election of Sadiq Khan as London's new mayor neatly demonstrates what makes London a great city. Through his victory, Khan highlights that London is a city of opportunity where success is not dependent on a privileged upbringing. However, the attraction of London – thanks to its thriving economy and its ability to attract talent – [...]
Can you ever afford to stop working? These three charts will horrify you. Retirement is going to cost a fortune and you’ll foot the bill yourself. Check our guide to see if you’re saving enough March 30, 2016 "I’ve got all the money I’ll ever need – if I die by 4 o’clock.” It’s an old gag, a pretty lame one, but that will quite literally be the situation facing many Britons in 30 years’ time. A good number of today’s workers look destined to spend their final years in poverty. Read more: People [...]
London mayor Boris Johnson backs paid internships in London at national minimum wage, “if not the London Living Wage” March 5, 2015 London mayor Boris Johnson has backed calls to take action on the scourge of unpaid internships blighting the prospects of young people in the capital. It's understood to be the first time the mayor has outlined his position on the issue, saying he supported paid internships and encouraged businesses employing interns to pay at least [...]
This Budget is Osborneās chance to simplify tax and defend globalisation March 16, 2016 There are two threads – one general, the other highly specific – which I should like to see weaved into the fabric of the chancellor’s Budget statement today. First, a clear defence of globalisation and, second, firm action towards the long overdue merger of income tax and National Insurance. Despite what purists might regard as [...]
National Apprenticeship Week starts today, but City big-guns have been investing in young talent for years March 14, 2016 Today marks the start of National Apprenticeship Week, when London’s businesses raise awareness of the opportunities open to aspiring financiers and school-leavers. Apprentice programmes may be making headlines this week but the founder of one City-based charity says that the Square Mile’s top dogs have been investing in youngsters for years. David Pinchin, who founded [...]
Chancellor George Osborne should remember that making savings is the only feasible option to balance the nation’s books February 15, 2016 Whether or not George Osborne’s fiscal rules make sense, he’s stuck with them. His credibility hinges on whether or not the deficit is eliminated by 2019-20 and surpluses are recorded in “normal” times thereafter. At the last Autumn Statement doubts were cast over the “£27bn windfall” the Office for Budget Responsibility (OBR) had forecast the chancellor [...]
Jeremy Corbyn threatens to block firms’ dividend payments unless they pay the living wage January 16, 2016 Jeremy Corbyn is proposing an idea unlikely to win him any friends in the City. The Labour leader is suggesting blocking dividend payments for companies that don’t pay their employees the living wage. In a speech to the Fabian Society today, Corbyn will suggest that pay inequality is “holding back growth”: Of the G7 nations [...]
Making it harder to become a citizen will not solve the net migration problem May 12, 2016 Seen from the government’s point of view, the pathway to citizenship for immigrants to Britain should be as tough as possible. Since Theresa May became Home Secretary, a host of measures has been introduced to make the route from arriving to citizenship harder than it has ever been. The cost of citizenship in Britain is [...]
Budget 2016: The sugar tax would be laughable if it weren’t so pathetic March 16, 2016 George Osborne’s Budgets have a reputation for pulling populist rabbits out of hats. Last time it was the so-called living wage. This time it was something the government has repeatedly said it was loathe to endorse – a sugar tax. In his response to the chancellor, an angry Jeremy Corbyn berated the Budget on almost every count. [...]