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      Motor finance trade body gears up for legal challenge to £9bn redress

      Financial watchdog announces motor finance redress scheme, sparking potential banking sector mergers and acquisitions wave

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      Saracens hit out at disjointed rugby calendar amid £9m loss

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Opinion

  • In praise of Simon Danczuk MP: A Great British contrarian who can’t be silenced

    November 26, 2015

    Disruption is in vogue. Airbnb, Uber and BlaBlaCar are all cases in point. Their tech-savvy founders are turning conventional wisdom on its head to deliver services to customers in new ways. This is laudable and exciting. It is also about more than making money. Take Elon Musk, arguably the most daring entrepreneur of our time. [...]

  • Why the Paris attacks have redefined the US presidential race – and not in a good way

    November 26, 2015

    The 2016 US presidential race has been dramatically altered by the Paris attacks. An election that just weeks ago was dominated by whether the Obama administration’s policies should be advanced or repealed is now defined by an ever-changing, and increasingly dangerous, international climate. President Obama never wanted to be a foreign policy President. In both [...]

  • As UK net migration hits a record high, is the government’s inability to hit its targets really a failure?

    November 26, 2015

    Steven Woolfe, Ukip’s migration spokesman, says Yes Yes – and the serious and far-reaching consequences for Britain belie John McDonnell’s pathetic antics with Mao’s Little Red Book at the Spending Review. According to the UK Treasury’s very important official Budget 2015 Red Book, which supports the assumptions and details the underlying numbers of the government’s [...]

  • Autumn Statement 2015: It’s now time for George Osborne to deliver on the tax cut pledge

    November 26, 2015

    It's a tried and tested rhetorical technique: when you have bad news, make out that it’s far worse than it actually is. Lower expectations. Create a sense of doom. And then reveal to your neighbours that, actually, their dog’s not dead – the whining little mutt has only broken its leg. George Osborne had been [...]

  • Autumn Statement 2015: Chancellor George Osborne will get his surplus – but his long-term plan isn’t credible

    November 25, 2015

    Yesterday George Osborne delivered what was effectively his fourth budget in under a year. Little wonder that his hour-long presentations from the despatch box are increasingly filled with tiny tweaks to policy and a lot of rhetoric and padding.   The chancellor could have got across the important points of his statement in about three [...]

  • Autumn Statement 2015: The seven invisible rabbits that will help George Osborne balance his books

    November 25, 2015

    The first Autumn Statement of a new parliament is a big event in the economic calendar. Yesterday’s statement by George Osborne was made, so we thought, against a difficult background: the latest statistics on public receipts and spending had been disappointing; the re-classification of the Housing Associations as public entities had put up his starting [...]

  • The Autumn Statement was a missed opportunity to radically rethink the role of the state

    November 25, 2015

    We've become accustomed to scratching our heads during speeches by politicians, wondering how the policy measures announced can possibly reconcile with the language used. Yesterday was no exception, with the chancellor making seemingly endless announcements of spending increases, alongside U-turns on reforms to tax credits and cuts to police, as part of a speech designed [...]

  • As the chancellor makes some dramatic U-turns, is he now more likely to become Prime Minister?

    November 25, 2015

    Laura Swire, director of Hanover Communications, says Yes George Osborne is respected for his approach to the public finances, but he is not well liked. Yesterday’s Comprehensive Spending Review was his chance to shape the ground on which his leadership campaign and the next election will be fought. He chose to prioritise the NHS, housing [...]

  • Autumn Statement 2015: Chancellor George Osborne must reconsider ringfencing

    November 25, 2015

    "The structural deficit will be eliminated by 2014-15.” So said George Osborne’s emergency Budget back in 2010, which also predicted that the national debt would “peak at 70.3 per cent of GDP in 2013-14”. Full marks for optimism. The debt – now 80.5 per cent of GDP – is not falling and the deficit has not [...]

  • Unleash small developers to reap public sector land sale potential

    November 24, 2015

    Today is a golden opportunity for the government to kick-start a house-building revolution in this country. We are in the midst of a generational housing crisis that necessitates ambition, innovation and creativity if it is to be resolved. Figures from across the political spectrum have got the right ideas on housing and the drive to [...]

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