TSB is to close 25 branches across the country as it seeks to invest in refurbishments and digital services June 7, 2016 TSB is to close 25 branches across the country as it moves to fine tune its branch network, spending £250m over five years on high-street and digital offerings. Five branches in London will be closed by April next year, with two, in Archway and Stamford Hill, to be refurbished by March 2017. The bank said [...]
The CMA’s retail banking recommendations have been slammed by experts addressing parliament’s Treasury Select Committee June 7, 2016 The Competition and Markets Authority's (CMA) work on the retail banking market is a failed opportunity, MPs have been told. One challenger bank boss said that the concentration risk in the market will take “decades” to unwind, speaking at a Treasury Select Committee hearing earlier today. Meanwhile, a former Competition Commission member said that the provisional recommendations issued [...]
Brexit campaigners are “peddling nonsense” according to Prime Minister David Cameron June 7, 2016 Prime Minister David Cameron has launched a withering attack on Leave campaigners, accusing them of “peddling nonsense” and "telling complete untruths to the British people". In a press conference in London this morning, Cameron highlighted yesterday's statement from the Institute of Fiscal Studies, which slammed justice secretary Michael Gove for arguing that Brexit would leave billions [...]
Leave vote would hit British exporters with £79,500 bill says Remain camp June 7, 2016 A Brexit vote would leave UK exporters facing a £34.4bn “export tax” generated by non-tariff barriers, according to analysis from Remain campaigners. Sums from Britain Stronger in Europe show an average cost of £79,500 for each British business exporting to the EU. Business secretary Sajid Javid and former European trade commissioner Peter Mandelson will unveil [...]
Lib Dem leader Tim Farron has attacked “lily-livered” and “chicken” Labour MPs for failing to side with his party on civil liberties June 6, 2016 Liberal Democrat leader Tim Farron yesterday launched a scathing attack on “lily-livered” and “chicken” Labour MPs for failing to join his party in working against a so-called Snoopers’ Charter. MPs are debating the Investigatory Powers Bill this week, and the Lib Dems sought to band together with MPs from the SNP and Labour, as well as [...]
Lib Dem leader Tim Farron has attacked “lily-livered” and “chicken” Labour MPs for failing to side with his party on civil liberties June 6, 2016 NULL
The Institute for Fiscal Studies has attacked Michael Gove over claims that Brexit could generate billions for the NHS June 6, 2016 The Institute for Fiscal Studies has condemned justice secretary Michael Gove's claims that a Brexit vote would free up billions to be spent on the NHS. Speaking on Sky News on Friday, Gove said: “There are billions of pounds that we send to the European Union every year and the Institute for Fiscal Studies has [...]
Referendum campaigners must do more to explain the implications for tax June 6, 2016 Both sides of the EU referendum campaign have failed to explain how the vote will affect individual and corporate taxes, according to accountancy experts. While Remain campaigners have been hitting out at their Brexit peers for failing to articulate a vision for the future, accountancy software expert TaxCalc had said neither side has presented a compelling answer [...]
Labour has been “almost invisible” in the EU referendum campaign according to research from Loughborough academics June 6, 2016 The Labour Party is “almost invisible” in TV and print coverage of the EU referendum campaign, according to academics, with Jeremy Corbyn's refusal to appear alongside the Prime Minister one of the reasons to blame. A study from Loughborough University found that Labour representatives appear in less than four per cent of TV coverage, and eight per [...]
Boris Johnson, Nicola Sturgeon and Angela Eagle: The big hitters lined up for Thursday’s EU debate June 6, 2016 ITV has confirmed the line-up for its debate on the EU referendum this week, with spots for former London mayor Boris Johnson, SNP leader Nicola Sturgeon two Conservative ministers. Johnson will line up alongside energy minister Andrea Leadsom and Labour's Gisela Stuart. The trio will face Sturgeon, energy secretary – and Leadsom's boss – Amber Rudd, [...]