Lord Tyrie says consumers must be put at heart of competition law regime February 25, 2019 The chair of the competition regulator Lord Tyrie today said consumers would be put at the heart of a new competition law regime to help fix the “erosion of trust” between the public and the authorities. Speaking in London at the launch of a set of proposed reforms, Tyrie said there is a “growing sense that [...]
Blackrock chief executive Larry Fink calls UK ‘irresponsible’ over Brexit uncertainty February 25, 2019 Blackrock chief executive Larry Fink has slammed the UK as “irresponsible” due to the continued uncertainty surrounding Brexit. The boss of the world’s largest asset management fund told CNBC that a lack of understanding surrounding the UK’s future relationship with the EU has forced firms to take action in order to prepare. Read more: Businesses, [...]
Theresa May poised to extend Article 50 beyond March to head off a no-deal Brexit February 25, 2019 Theresa May is poised to ask the EU to delay Brexit after Tory MPs drew up an amendment to grant the Prime Minister more time in the negotiations. Last night May caused more anger in the business community when she announced that she would in fact hold the meaningful vote on 12 March, just two [...]
What will it cost to refurbish our crumbling Houses of Parliament? February 25, 2019 From an engineer’s perspective, renovating historic or listed buildings is one of the trickiest projects you can undertake. Such is the case with the Palace of Westminster, which has long been unfit for purpose and is in dire need of a complete overhaul to bring it up to current working standards. It is a gargantuan [...]
Critics hit out at Sadiq Khan’s ‘blunt’ junk food advertising ban to tackle child obesity February 24, 2019 Sadiq Khan's advertising ban on junk food across London's transport networks has come into force today, as part of the mayor's bid to tackle child obesity in the capital. Junk food advertising will be banned on the London Underground and at bus stops across London following a public consultation in May which received 1,500 responses, with 82 [...]
With time running out for Theresa May’s deal, are we heading for a Brexit delay? February 24, 2019 MPs will once again march through the voting lobbies in parliament on Wednesday to give their views on Brexit. The motion put forward by Theresa May will only be an endorsement for her to carry on negotiating with Brussels in a bid to get legally binding changes to the Irish backstop plan. However, there is [...]
Competition regulator set to launch reforms to beef up consumer protection February 24, 2019 Consumer protection is set to be beefed up with bigger fines and disqualification for company directors under a new set of proposals to be announced tomorrow by the competition watchdog. The chairman of the Competition and Markets Authority (CMA) Lord Tyrie will announce a set of proposed reforms at an event with the business secretary Greg [...]
MPs in uproar as Theresa May delays Brexit meaningful vote February 24, 2019 Number 10 has confirmed reports that the Prime Minister will delay this week's meaningful vote on her Brexit deal. Theresa May told journalists on board a flight to Sharm El Sheikh that the meaningful vote on her Brexit deal will now be held by 13 March – just two weeks until the UK's scheduled exit date [...]
Jeremy Corbyn needs to change the Labour party to solve the ‘crisis for its soul’, says Tom Watson February 24, 2019 Tom Watson has said Jeremy Corbyn must change to resolve the "crisis for the soul of the Labour party” that has escalated with the loss of nine MPs to the Independent Group. Labour's deputy leader warned that the party's approach to tackle anti-semitism in the party had "very patently…not been adequate", and that the loss of nine [...]
Theresa May warns Brexit must not be frustrated amid Cabinet mutiny over no deal February 24, 2019 Theresa May has said the government must maintain an "absolute focus" of delivering Brexit after senior Cabinet ministers warned they could vote to delay article 50 to thwart the chance of leaving without a deal. The Prime Minister told Tory party activists over the weekend that government "must not, and I will not, frustrate what was the [...]