Theresa May hints she won’t fight next election as Conservative leader December 12, 2018 Theresa May will tell her warring MPs that today’s vote in her leadership is about Brexit, not about who will lead the Conservatives into the next general election. The Prime Minister will address a meeting of MPs at 5pm this afternoon, just an hour before a vote of no confidence in her leadership begins. May needs [...]
Time for a brave new online pension world December 12, 2018 Imagine a free, user-friendly, online service that offers you information about all of your pension savings at your fingertips, available in your own home and on your mobile. That’s why the government has championed the pensions dashboard, harnessing digital to make planning for retirement easier in the digital age. As we all know, most parts [...]
FTSE 100 and sterling climb on Brexit delay possibility and US-China trade tensions easing December 12, 2018 The FTSE 100 is up one per cent today despite blue-on-blue infighting in the Tory party seeing Prime Minister Theresa May face a threat of a no confidence vote this evening. Conservatives will vote in a secret ballot tonight on whether they wish May to remain leader or whether she should stand down, after she [...]
Designing a ‘people’s vote’ is a political minefield all on its own December 12, 2018 It’s like a giant jigsaw puzzle where, however hard you try, the pieces will never fit together. That’s the state of play with Brexit. Whichever way you present the options, nothing seems to command a parliamentary majority. Amid the chaos, talk has increased of a so-called “people’s vote” as the only way to break the [...]
Sterling volatile ahead of no confidence vote on Theresa May December 12, 2018 The pound has been on a rollercoaster ride this morning as it reacts to a series of political shocks. Reports that the Conservative party were set to trigger a vote of no confidence in Prime Minister Theresa May – confirmed this morning – sent the pound to a fresh 20-month low against the dollar yesterday. [...]
Theresa May vows to fight no confidence vote, warning leadership contest risks Brexit December 12, 2018 Theresa May has vowed to fight today’s no confidence vote “with everything I’ve got”, as she warned that a change of leadership would delay or even cancel Brexit. Addressing media outside Downing Street this morning after Sir Graham Brady of the 1922 Committee confirmed the 48-letter threshold for a no confidence vote has been reached, [...]
DEBATE: Can we stop worrying now that earnings are rising at their highest rate in a decade? December 12, 2018 Can we stop worrying now that earnings are rising at their highest rate in a decade? Michael Hayman MBE, co-founder of Seven Hills and co-author of Mission: How the Best in Business Break Through, says YES. May you live in interesting times – the old Chinese curse has found new life in Brexit Britain. Mired in [...]
Hyperbolic discounting explains why the French are revolting over Macron’s fuel tax December 12, 2018 Economists have long argued that an effective way of reducing carbon emissions is by increasing taxes on energy consumption. This year’s Nobel laureate, Bill Nordhaus, advocated a global carbon tax over 40 years ago. The scientific logic is impeccable. But the practical politics of it are fraught with difficulties. To say that energy taxes, and [...]
Fire May, or her zombie deal will come back to haunt us all December 12, 2018 The withdrawal agreement is dead. Like that famous Norwegian Blue parrot of Monty Python legend, it has simply ceased to be. Its death was not achieved by a humiliating massive vote against it, but, in that cack-handed way only Theresa May manages to finesse, by it never facing a vote at all. It died through lack [...]
Theresa May clinging on as Tory leader amid rumours a no confidence vote is imminent December 11, 2018 Theresa May's premiership is hanging by a thread as Tory MPs are expected to launch a formal leadership challenge, having reportedly secured enough letters of no confidence to trigger a ballot. It was reported on Tuesday night Sir Graham Brady, chairman of the Conservative committee that overseas leadership challenges, has requested a meeting with the [...]