Labour has rejected its own legacy of NHS reform – with sad implications for patients September 14, 2015 "New Labour officially dead and buried", tweeted Daily Politics presenter Andrew Neil as the Labour leadership election results came in. Writing for the Guardian, general secretary of Unite the Union Len McCluskey also interpreted Jeremy Corbyn’s victory as “three parts optimism and one part repudiation of the ‘New Labour’ past”. It is hard [...]
Fit for the digital age: Why we’re not publishing paper copies of our annual report September 14, 2015 As a firm advising clients on regulatory disclosure, transparency and getting digitally fit for the future, corporate reporting is a major focus for PwC. Having produced a traditional print and pdf annual report for several years, this week we published something decidedly different. For the first time, we’ve released our annual report solely in a [...]
As Jeremy Corbyn is criticised for his male-heavy shadow cabinet, has Labour got a woman problem? September 14, 2015 Atul Hatwal, editor of Labour Uncut, says Yes Boy oh boy, Labour really has a woman problem. No woman deemed able enough to fill any of the big jobs. A commitment from Jeremy Corbyn that half of his shadow cabinet would be women already broken, with just 10 women appointed out of 22 full members. [...]
Venezuela’s “dear comrade” Jeremy Corbyn puts Labour’s moral authority at risk – The City View September 13, 2015 It's Saturday afternoon in a central London pub, and a newly victorious Jeremy Corbyn can be found leading supporters in a rousing rendition of The Red Flag. At the same time, just under 5,000 miles away, Venezuela’s opposition leader Leopoldo Lopez is beginning a 13 year prison sentence after a court of questionable legitimacy [...]
EU migrant crisis: Don’t close the borders – why Germany needs the refugees September 13, 2015 “Give me your tired, your poor, your huddled masses, yearning to breathe free” – Inscription on the Statue of Liberty Having so recently played the part of the hard-hearted, skinflint uncle to a tee in the Greek crisis, it has been a profoundly pleasant surprise to see Germany behave in such a generous manner [...]
EU refugee crisis: From migration to capital movements – the City thrives on openness to the world September 13, 2015 A 2,000 mile round trip to Lithuania, quickly followed by another round trip of 7,000 miles to Washington, means that I will be spending a large part of this coming week travelling. But this time spent up in the air gives me a good opportunity to reflect on the challenges and opportunities that the City [...]
Jeremy Corbyn’s win is a disaster for Labour but the counter-revolution may come sooner than you think September 13, 2015 Jeremy Corbyn’s election as leader is a disaster for the Labour Party. It’s a particular disaster for those who believe that a party should select a leader who is a potential General Election winner and credible Prime Minister. And that a positive relationship with the businesses who create wealth and jobs, and pay the taxes [...]
As Goldman Sachs warns that the price of oil could fall to $20 a barrel, is the US shale revolution over? September 13, 2015 Peter Kiernan, lead analyst for energy at The Economist Intelligence Unit, says Yes. US shale oil growth between 2011 and 2014 was spectacular, causing total US crude oil output to grow by an annual average of 1m barrels a day during those years. But this was when prices were high. Production growth has slowed this year, [...]
Jeremy Corbyn: A Trotskyist tribute act on the verge of victory – The City View September 10, 2015 It feels like it’s gone on forever, we know – but tomorrow Labour will finally reveal the result of its leadership contest to replace Ed Miliband, who was so convincingly beaten during this year’s General Election. That election, back in May, reminded us of an age-old lesson in politics: never assume that there’s any such [...]
Jeremy Corbyn and the leadership result: Labour’s Thatcher moment won’t win over the country September 10, 2015 Say what you like about Jeremy Corbyn, but at least you know where he stands. His principled, straight-talking platform has the potential to transform the Labour Party. In fact, Corbyn could change Labour as radically and fundamentally as Margaret Thatcher changed the Conservatives. Indeed, while he would not thank me for saying this, [...]