Britain’s small businesses deserve a simpler, fairer tax system May 21, 2019 “When you look after small business,” Sajid Javid said last week, “you look after Britain”. But too often, he admitted, the government has focused its attention elsewhere – big government finding it easier to talk to big business than small. Britain has an enviable record of company creation. Indeed, alongside our stellar job creation rates, [...]
Don’t let trust become the next plaything of the cyber criminals May 21, 2019 The last 200 years have been a whirlwind of technological invention. Aeroplanes have allowed us to transcend borders, MRI scanners have enabled us to explore the innermost workings of our brains, and the internet has put the world at our fingertips. Our dependency on connected services is more extreme than ever, but between the Cambridge Analytica [...]
DEBATE: Is it time to accept the sunk cost and scrap HS2? May 21, 2019 Is it time to accept the sunk cost and scrap HS2? Andrew Bridgen, Conservative MP for North West Leicestershire, says YES. There is a saying that “your first loss is your best loss”. This is where we are with HS2, with its escalating costs and diminishing public support. Initially, the HS2 budget was set at [...]
Man charged with assault after Brexit party chief Nigel Farage hit with milkshake May 21, 2019 A man has been charged with common assault after Brexit party leader Nigel Farage was left covered in milkshake in Newcastle city centre yesterday. Read more: Farage's Brexit party unveils European election candidates Staff quickly hurried Farage away from the scene after he was hit with the milkshake while out and about attempting to garner [...]
Philip Hammond: No-deal Brexiters will cause deliberate harm to the economy May 20, 2019 Chancellor Philip Hammond is set to issue a stark warning over the dangers of a no-deal Brexit, stating those in favour of leaving without a deal are advocating a deliberate act of harm on the economy. In a speech to be made at the annual dinner of the Confederation of British Industry (CBI) tomorrow night, [...]
City giant Martin Gilbert reveals which Tory leadership contender he thinks is ‘amazing’ May 20, 2019 City titan Martin Gilbert has talked up environment secretary Michael Gove as the next Conservative leader, dubbing him “amazing”. Gilbert, who co-founded Aberdeen Asset Management in 1983, was full of praise for the Brexit campaigner in an interview with City A.M. on the fringes of the City Week 2019 conference. “I think he’s amazing, I [...]
Campaigner and investor Helena Morrissey casts vote for Brexit party in upcoming Euro-election May 20, 2019 Investor and campaigner Dame Helena Morrissey has revealed she cast a postal vote for the Brexit party in the upcoming European elections, saying the Conservatives have not delivered on the result of the 2016 referendum. Read more: City 'must change everything' to improve diversity, says Helena Morrissey “I believe we should leave the EU and [...]
City minister John Glen rules out Brexit dividend from slashing EU regulations May 20, 2019 Diverting from the EU’s financial regulations after Brexit will not deliver “an enormous economic dividend”, the City minister has warned. Read more: Andrew Bailey is right to think about the City's future Speaking to City A.M. after delivering the opening speech at the City Week conference in London today, John Glen said the majority of [...]
Loopholes in anti-money laundering law could be exploited by criminals, MPs and Lords say May 20, 2019 A joint parliamentary Committee today raised concerns that criminals could exploit loopholes in a new bill aimed at clamping down on laundering money through UK property. The joint Committee on the draft Registration of Overseas Entities Bill welcomed the legislation, but said in its current state it could be circumvented by criminals. Read more: EU [...]
To avert the deluge, business must unleash its heroic spirit May 20, 2019 After us, the deluge. These are the words not of our Prime Minister, but from another troubled time and uttered by Madame de Pompadour, the lover of King Louis XV of France. The French Revolution would prove the prophecy. And for revolutionaries since, the idea of the deluge has inspired. Karl Marx went as far [...]