Pensions minister Ros Altmann is to meet with campaigners seeking to soften changes to women’s state pensions June 23, 2016 Pensions minister Baroness Ros Altmann will meet with campaigners next week as she seeks to convince colleagues of the case for reform on women's state pensions. Altmann will meet the Women Against State Pension Inequality (Waspi) group on 29 June to hear complaints over the rising state pension age. Speaking to City A.M., Altmann said she had [...]
Maritime merger creates specialist survival technology businesses June 23, 2016 Two specialist survival technology businesses are to come together, creating a new market giant with an addressable market valued at £1.5bn. Private equity backed Survitec is to acquire the marine safety business of Wilhemsen Maritime Services. The deal will see all Survitec pick up all related safety products and services, including Wilhelmsen Technical Solutions, WSS Technical [...]
A decision on the expansion of London’s airports will reportedly come within two weeks June 23, 2016 A decision on airport expansion will reportedly be announced within the next two weeks. According to PoliticsHome, the government has pencilled in 7 July for an announcement, just one day after the publication of the Chilcot Inquiry into the Iraq War. A source close to the matter told City A.M. that a decision is currently [...]
Defence secretary to pay compensation to Tooting imam over Islamic State claims June 23, 2016 Defence secretary Michael Fallon has issued a public apology to Tooting imam Suliman Gani over claims he supported Islamic State, agreeing to pay Gani compensation, and meet his legal costs. Fallon attacked Gani during the London Mayoral campaign, echoing a claim made by David Cameron in parliament that the imam backed the extremists. The false [...]
Final polls hand Remain the lead as the UK votes on Brexit June 23, 2016 Two of the final polls on the UK's EU referendum has handed the Remain camp a lead over Brexiteers. In an online survey of 4,700 people, undertaken up to midnight on 22 June, Populus reported a 55/45 lead for Remain. The strong lead for the In camp is in marked contrast to other polls, which have [...]
Bad timing? New figures show the UK’s population has tipped past 65m for the first time June 23, 2016 The UK's population has tipped past 65m for the first time, according to figures published by the Office for National Statistics. Stats published today showed the mid-year estimate for the UK's population growing by 513,200 to reach 65.1m. The growth is equivalent to a city of the size of Manchester – defined at 503,127 in [...]
Brexit would cut the UK’s access to more than 60 markets and 2.4bn consumers, Lord Mandelson has warned June 22, 2016 The UK would lose out on free trade deals with a raft of global nations after a Brexit vote, former Business secretary Lord Peter Mandelson has said. The EU is currently in negotiations with 14 countries, including the United States, Japan And Australia, as well as the South American Mercosur region. According to the Remain camp, [...]
A Brexit view from Berlin: On balance, we would miss the Brits June 22, 2016 Jointly owning a property in Germany without a contractual agreement can be very risky. Statistically, people in Germany own a property for longer than they are married. If the respective property is jointly owned and the marriage breaks up, it can result in mortgage difficulties. For many Britons, its relationship with the European Union might [...]
Burberry’s leadership has issued a staff memo warning of the “unnecessary economic consequences” of Brexit June 22, 2016 Fashion giant Burberry became the latest firm to warn employees of the risks of Brexit, in a letter sent to staff yesterday. Chief executive Christopher Bailey and chairman sir John Peace told staff that a Leave vote would trigger “unnecessary economic consequences”. While the pair did not explicitly tell staff which way to vote this [...]
Labour has unveiled plans for a last-gasp “Rally to Remain” in London today, bringing together some of the party’s most senior figures June 22, 2016 Labour has launched a last ditch effort to convince its supporters to vote Remain this week, bringing together party leaders for a final rally in London. The event will see Labour leader Jeremy Corbyn joined by London mayor Sadiq Khan, Scottish Labour leader Kezia Dugdale, Welsh first minister Carwyn Jones and Alan Johnson, leader of [...]