Amber Rudd is a moderate but we need more than warm(ish) words on immigration April 27, 2018 Amid all Brexit uncertainty the silver bullet that could reassure business is easy access to global talent. This is not incompatible with a strong independent immigration policy, but at present the government has not set out its vision for post-Brexit immigration. Instead that void is filled with the noise generated by the Windrush scandal and [...]
FCA’s guidelines are undervaluing consumers’ PPI claims by billions of pounds, barristers allege | City A.M. April 27, 2018 Barristers from St John’s Buildings are claiming that consumers could be underpaid by billions of pounds if banks follow the financial regulator’s guidance on Payment Protection Insurance (PPI) payouts. The Financial Conduct Authority (FCA) is ignoring legal cases which mean consumers may be owed around £14bn more than under its own guidelines, the barristers have [...]
Finally, we can all agree that the House of Lords makes no sense April 27, 2018 What’s the point of the House of Lords? The question is back in the news again, after the government was defeated for a sixth time by peers this week over its EU withdrawal bill. We shouldn’t be surprised by this. You can’t stack a chamber with unaccountable peers for life and then expect cast-iron discipline [...]
The classical liberal Millicent Fawcett would be outraged at today’s feminism April 27, 2018 This week, a woman took up her rightful place in Parliament Square. A statue of Millicent Fawcett has been erected in Westminster, to commemorate the 100-year anniversary of (some) women gaining the right to vote. Fawcett was a prominent and effective campaigner for women’s suffrage, and played a large role in helping British women secure [...]
DEBATE: With Comcast and Fox bidding over Sky, does it matter that it will be owned by a US company? April 27, 2018 With Comcast and Fox bidding over Sky, does it matter that it will be owned by a US company? Alastair Benn, editor of Reaction Weekend, says YES. Pre-Murdoch, the British media was a pretty conservative, comfortable place. There was a recognisable journalistic culture derived from the close proximity of newsroom, editor’s office, and printing press [...]
Lawyers slam SFO disclosure failings for ‘miscarriage of justice’ in Tom Hayes Libor conviction April 27, 2018 The legal team for convicted Libor trader Tom Hayes has slammed the Serious Fraud Office (SFO) for a series of disclosure failings they say led to a miscarriage of justice and his wrongful conviction. Hayes’s lawyer Karen Todner has written to parliament’s Justice Committee urging it to probe the SFO as part of an inquiry [...]
Arsenal 1, Atletico Madrid 1: Arsene Wenger rues missed chances as Gunners blow chance to see off 10-man rivals April 26, 2018 Arsenal 1, Atletico Madrid 1 Arsenal manager Arsene Wenger admitted his team had blown a huge chance to seize a place in the Europa League final after they conceded a late equaliser at home to 10-man Atletico Madrid. The Gunners enjoyed a numerical advantage for 80 minutes and led through Alexandre Lacazette’s second-half header but [...]
Amazon smashes expectations with sales of $51bn for the first quarter April 26, 2018 Amazon smashed analyst expectations tonight with stellar revenue and profit figures for the first quarter. The online retailer’s shares jumped more than seven per cent in after hours trading following the announcement. Amazon’s sales increased by 43 per cent to $51bn (£36.7bn), from $35.7bn last year. Read more: Top retailers pull ahead of other business [...]
Fulham FC owner Shahid Khan poised to complete £800m deal for Wembley Stadium April 26, 2018 Fulham’s billionaire American owner Shahid Khan is understood to be ready to complete an audacious purchase of Wembley Stadium without delay if English football chiefs accept a deal valued at £800m. The Football Association (FA) is weighing up the offer, which was presented to the governing body’s board on Thursday and comprises a sum up [...]
TSB boss Paul Pester set to lose millions in bonuses as computer meltdown costs top £100m April 26, 2018 TSB boss Paul Pester faces losing out on millions of pounds in bonus pay as the high street challenger bank counts costs of more than £100m from its botched computer system migration. Thousands of customers have been left without access to their bank accounts online for days since the bank tried to move to a [...]