City minister calls for ‘frictionless’ immigration rules for financial sector after Brexit October 1, 2018 City firms need "frictionless" access to overseas workers after Brexit, according to a Treasury minister who called immigration a "force for good". Speaking during a debate on the shape of the the UK's future immigration policy, City minister John Glen talked up the importance of the financial sector being able to fill gaps in key [...]
Philip Hammond says Tories are the ‘party of business’ as he takes the fight to Jeremy Corbyn October 1, 2018 Philip Hammond tried to paint the Conservatives as the "party of business" today as he launched a sustained attack on the Labour Party's plans for the economy. Speaking at the Tory conference in Birmingham, the chancellor urged his party to put on a united front to defeat Jeremy Corbyn – arguing Labour's plans would threaten [...]
Brexit secretary says Chequers plan is not ‘perfect’ as he urges Tories to back the proposal October 1, 2018 Brexit Secretary Dominic Raab today admitted the Prime Minister's EU negotiating plan is not perfect as he appealed to his fellow Tories to back the so-called Cheques proposal. Speaking at the Conservative Party conference in Birmingham, Raab claimed eurosceptics would have "bitten my arm off" before the 2016 referendum for the deal he and other [...]
Boris Johnson is ‘irrelevant and offensive’ says top business guru Digby Jones September 30, 2018 Boris Johnson was dismissed as "irrelevant and offensive" today by one of the UK's top businessman today. Speaking at the Conservative Party conference in Birmingham, Lord Digby Jones attacked the former foreign secretary over reports he said "fuck business" when told of concerns from the sector over Brexit. Johnson refused to deny the claims when [...]
Theresa May unable to guarantee no hard Irish border in case of ‘no deal’ Brexit September 30, 2018 Theresa May today was unable to promise there would be no hard border with Ireland if the Brexit talks break down, instead repeating the UK would do “everything it can” to avoid customs checks. Speaking just hours before the Conservative Party conference is due to start in Birmingham, the Prime Minister launched a defence of [...]
No-deal Brexit could lead to tariffs of £9.3bn on EU food, report warns September 27, 2018 Food and drink costs could increase by £9.3billion a year if the UK does not slash tariffs in a 'no deal' Brexit, a new report has warned. Research by Barclays claims leaving the EU without a trade agreement would create an average tariff of 27 per cent on food and drinks coming from the [...]
Cut taxes for new firms in towns under threat from robot revolution, says report September 27, 2018 Tax breaks should be handed to businesses setting up in 'left behind' towns vulnerable to the rise of automation, according to a new report. The Centre for Social Justice (CSJ) believes entrepreneurs should be handed financial incentives to attract them to ten northern towns at risk of further decline thanks to the impending technological [...]
Theresa May and Jeremy Corbyn set out competing economic visions in major speeches September 26, 2018 Theresa May and Jeremy Corbyn set out competing visions of Britain's future on Wednesday with two radically different speeches on the economy. Addressing the Bloomberg Global Business Forum in New York, May praised free markets and vowed to slash the UK's corporation tax to the lowest rate in the G20 after Brexit. As the PM addressed [...]
Jeremy Corbyn vows to vote down Chequers deal as he calls for UK to stay in a customs union September 26, 2018 Jeremy Corbyn has confirmed he would vote down Theresa May's Brexit plan as part of a gamble to trigger a general election. In his keynote speech to Labour's conference on Wednesday, Corbyn said his MPs would not back May's so-called Chequers proposal, but would also oppose leaving the EU without any trade deal. He claimed [...]
Theresa May claims ‘no deal’ is better than a Canada-style agreement with the EU September 25, 2018 Theresa May has claimed a Canada-style free trade agreement with the EU is worse than no deal in comments which infuriated Brexit-backing Conservatives. Speaking at the beginning of a two-day trip to New York, May shot down a proposal backed by her former Brexit Secretary David Davis that the UK should negotiate a looser [...]