John McDonnell is wrong – we need tax simplification, not a Hippocratic Oath for accountants January 30, 2018 In a world where public finances are under intense pressure, it is often tempting for politicians to shy away from the hard choices when it comes to making policy. So it was interesting to read shadow chancellor John McDonnell’s speech at the World Economic Forum in Davos, especially the part where he proposed new initiatives [...]
London will remain tech hub of the world January 30, 2018 The eyes of the world were on London earlier this month, as the city’s most iconic buildings were lit up in an array of colour as part of the world-class light festival, Lumiere London. More than 50 works of art were created by artists across the world, showcasing the strength of international collaboration. This doesn’t [...]
It’s time for broadcasters to start confronting their anti-right bias January 30, 2018 The psychologist professor Jordan Peterson is being heralded as one of the world’s most foremost public intellectuals. But his influence now stems from much more than his own Youtube lectures or published works. Upwards of 4.6m people have watched his recent half-hour interview with Channel 4’s Cathy Newman, in which Peterson expertly dissects a range [...]
Labour MPs demand Corbyn “gets off the fence” over Brexit and commits to staying in Single Market and customs union January 30, 2018 Labour MPs are calling on leader Jeremy Corbyn and his frontbench team to “get off the fence” and take a position on Brexit after 19 months of ambiguity. Backbenchers including former shadow minister Catherine West, the leader of the European Parliamentary Labour Party Richard Corbett MEP, and Lord Monks, the former general secretary of the [...]
Sovereign wealth funds’ increasing hunger for alternative assets shows no sign of slowing in the UK January 30, 2018 Sovereign wealth funds (SWFs) are ploughing an increasing amount of their cash into alternative assets, and Brexit is doing little to deter them from the UK, according to a new report. PwC has found that SWFs, the largest of which is Norway’s £772bn government pension fund, are now allocating 23 per cent of their assets [...]
Exclusive: Sadiq Khan says UK must leave students out of immigration targets post-Brexit January 30, 2018 Sadiq Khan has thrown his weight behind efforts to remove international students from the UK’s immigration target after Brexit. Responding to the government’s review of its immigration policy, which is being conducted by the Migration Advisory Committee, the London mayor said the UK must stop “politicising” students and stressed the importance of the student population [...]
Elizabeth Line opening to top expectations on new homes and jobs created as end of Crossrail project draws closer January 30, 2018 The number of homes and jobs created due to the development of the £14.8bn Elizabeth Line is set to greatly surpass expectations, according to a new report by commercial property agency GVA. The research, commissioned by Crossrail, found that the impact of the new railway on the creation of new homes and impact on property [...]
Government Brexit analysis says UK will be worse off under all scenarios | City A.M. January 29, 2018 The government’s latest analysis of Brexit’s impact concluded the UK will be worse off under every scenario modelled, according to reports. Entitled “EU Exit Analysis – Cross Whitehall Briefing”, the draft assessment was dated this month. Reported by Buzzfeed, under a comprehensive free trade agreement with the EU economic growth would be five per cent [...]
Potential all-London FA Cup fifth round clash as Millwall handed Tottenham incentive January 29, 2018 An all-London clash could be on the cards in the FA Cup fifth round after the winners of Millwall’s replay with Rochdale were drawn at home to either Newport County or Tottenham Hotspur. Midfielder Ben Thompson netted a 90th-minute leveller in Saturday’s fourth round tussle at The Den to prevent a cup upset and ensure [...]
7IM is kicking the passive trend to focus on active managers, saying the time of quantitative easing “easy money” is coming to an end January 29, 2018 Seven Investment Management (7IM) has bucked the trend of moving towards passive investing, increasing its focus on active managers as it says the time of “easy money” has come to an end. The firm believes that quantitative easing, where the government buys assets to stimulate the economy, has created a “flood of money” which has [...]