General Election 2019: City urges rethink over Labour’s ‘hostile’ manifesto November 21, 2019 City figures have urged Labour to reconsider its combative position towards business and the City after Jeremy Corbyn revelled in the “hostility” his new manifesto would bring. Corbyn unveiled his “radical” vision for a Labour government this morning, with a document setting out the details of how the party would pay for its spending spree, [...]
Labour’s ‘self-destructive’ manifesto will drive billions away from UK, business groups warn November 21, 2019 Labour’s “self-destructive” manifesto will drive billions out of the UK, leaving everyone in the country poorer, business groups, lawyers and think tanks have warned. Jeremy Corbyn unveiled his “radical” vision for how a Labour government would tackle inequalities in Birmingham earlier today. Among the changes revealed in the manifesto in order to fund £83bn of [...]
Labour manifesto: Capital gains tax hike to fund £83bn spending spree November 21, 2019 Jeremy Corbyn is planning a raid on the UK’s higher earners as part of plans to fund its commitment for nearly £83bn on day-to-day spending, the Labour manifesto revealed today. In what Corbyn dubbed a “radical” manifesto, launched in Birmingham today, he revealed that a Labour government would change how capital is taxed, bringing it [...]
Former Scottish First Minister Alex Salmond appears in court to face attempted rape charges November 21, 2019 Former Scotland First Minister Alex Salmond has appeared in court this morning to face 14 sexual assault charges against 10 women. Among the charges read out in the preliminary hearing is an allegation that the former SNP leader tried to rape a woman at his official First Minister residence. Read more: Alex Salmond charged with [...]
General Election 2019: Conservatives go head-to-head with Labour on housing November 21, 2019 The Conservatives are hoping to take Labour head-on with a series of pledges designed to tackle the housing crisis. Jeremy Corbyn will today unveil a flagship policy that includes plans 100,000 council homes a year by the end of the five-year term, an increase of more than 3,500 per cent. Read more: Sadiq Khan to miss his [...]
UK government borrowing jumps in October ahead of post-election splurge November 21, 2019 The UK government borrowed much more than expected last month, official figures have shown, with October borrowing hitting its highest in five years. The increase in borrowing comes even before one of the two main parties has had a chance to carry out large spending increases following the General Election on 12 October. Read more: [...]
General Election 2019: Conservatives rule out resurrecting dementia tax November 21, 2019 The Conservatives have ruled out resurrecting the so-called dementia tax in the party’s new manifesto, after the controversial policy effectively torpedoed Theresa May’s campaign. Health secretary Matt Hancock said the country needs a “long-term solution for social care that rises above party politics”, acknowleding that successive governments have failed to get to grips with the [...]
Boris Johnson is right to delay corporation tax cuts November 21, 2019 Boris Johnson showed a lot of guts to go to the CBI Conference and announce that he was delaying a planned corporation tax cut in order to fund public services. This was a speech which was long overdue. Since 2010, governments have given away corporation tax cuts worth over £60bn. This figure doesn’t include the [...]
GE 2019: Labour takes aim at banker ‘hostility’, launching ‘radical’ manifesto with £20bn R&D fund November 21, 2019 Jeremy Corbyn will tomorrow (Thursday) launch Labour’s manifesto claiming that he “accepts the opposition and hostility of the rich and powerful” due to his “radical and ambitious plan” to transform the United Kingdom. Speaking in Birmingham, the Labour leader will compare himself to former US President Franklin Delano Roosevelt who, Corbyn says, had to take [...]
Trump inquiry: There was ‘quid pro quo’ in Ukraine call, ambassador says November 20, 2019 President Donald Trump knew about requests to Ukraine for investigations into his rivals and understood there was a “quid pro quo”, a top US diplomat has said. Gordon Sondland, US ambassador to the EU, told an impeachment inquiry that he “followed the President’s orders” and those of his lawyer Rudy Giuliani. Read more: Asian stocks [...]