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Politics

  • Ignore Labour, Britain needs billionaires to feel welcome

    November 26, 2019

    Labour wants to get rid of billionaires. If that sounds hyperbolic, just listen to how the party’s heavyweights talk about billionaires, in their own words. “No one needs or deserves to have that much money,” shadow chancellor John McDonnell has declared. “It is obscene.” Meanwhile, Jeremy Corbyn, who hopes to become our Prime Minister next [...]

  • Election megapoll: Tories hold 13 point lead over Labour

    November 25, 2019

    Boris Johnson is holding a 13 point lead over Jeremy Corbyn according to a new mega-poll, with both main parties making slight gains in the last week. The Conservative party’s rating stands at 43 per cent, a new PA Media survey has found. Read more: Corbyn to remain neutral in second Brexit referendum Meanwhile, Jeremy [...]

  • Labour policies could cause run on sterling, says think tank Cebr

    November 25, 2019

    A Labour government could cause a run on the pound due to market fears over the party’s stewardship of the economy, a leading economic think tank has said. Douglas McWilliams, director of the Centre for Economics and Business Research (Cebr), called Labour’s plans to raise £83bn a year through higher taxes by 2023-24 “improbable”. Read [...]

  • DEBATE: Would Modern Monetary Theory be a viable strategy to boost the UK economy?

    November 25, 2019

    Would Modern Monetary Theory be a viable strategy to boost the UK economy? Melissa Davies, partner and chief economist at Redburn, says YES. Profound changes have opened the door to creative policy-making in the UK. All the parties have abandoned fiscal belt-tightening, and the Bank of England has implicitly acknowledged that it will continue to [...]

  • Don’t panic, China is nowhere close to overtaking America

    November 25, 2019

    There has been far too much doom-mongering of late about America’s structural position in the world. While there is no doubt that the US is in relative decline, it is as if the commentariat does not really understand what these words actually mean, focusing only on the “decline” part of the phrase. So for all [...]

  • Tony Blair: Both UK parties are ‘peddling fantasies’ ahead of General Election

    November 25, 2019

    Prime Minister Boris Johnson and Labour leader Jeremy Corbyn are both “peddling fantasies” ahead of the upcoming General Election, Tony Blair will say today. At an event in London, the former Prime Minister is set to criticise the country’s two main parties for offering a stark choice, aiming to win over voters “on the basis [...]

  • Hong Kong elections: Carrie Lam will reflect after pro-democracy candidates win in rout

    November 25, 2019

    Hong Kong leader Carrie Lam has said today that the government will take heed of the public after pro-democracy parties overwhelmingly won local elections. Seventeen of 18 Hong Kong councils are now in the hands of pro-democracy councillors after citizens’ votes wiped out pro-Beijing candidates. The vote – and record voter turnout of 71 per [...]

  • DUP’s Sammy Wilson warns Westminster that Northern Ireland will have its voice heard loud and clear in Brexit negotiations

    November 24, 2019

    Boris Johnson may be going all-in to get a Conservative majority this election, but the jury is very much still out as to whether he will achieve his aim. Many in Westminster believe that despite the polling numbers, come the morning of 13 December the country will find itself saddled with yet another hung parliament. [...]

  • Conservative manifesto: How will Boris Johnson tax and spend?

    November 24, 2019

    Prime Minister Boris Johnson has launched the Conservative manifesto with a pledge that he would increase spending by a fraction of Labour’s plans in a “sensible, moderate” approach to the economy. According to the Conservatives’ sums, the party would increase day-to-day spending by £2.9bn a year by 2023-24, compared to an £82.9bn increase under Labour. [...]

  • Michael Bloomberg joins crowded US presidential race

    November 24, 2019

    Donald Trump made history after becoming the first New York billionaire to move into the White House, but now it looks as if a fellow titan of the Big Apple is hot on his feels. Michael Bloomberg officially kicked off his campaign to become the next US president today, entering an already-packed field of Democratic [...]

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