Jacob Rees-Mogg tells businesses to stop living in ‘cloud cuckoo land’ over Brexit September 24, 2018 Leading Brexiteer Jacob Rees-Mogg has called on businesses to stop living in "cloud cuckoo land" and accept Brexit will mean changes to how they operate. The Conservative MP was backed up by former Brexit secretary David Davis, who claimed top firms such as BMW should be able to cope with extra hours delays at [...]
IEA urges Theresa May to ditch Chequers for its alternative ‘Brexit prize’ September 24, 2018 Free-market thinktank the Institute of Economic Affairs (IEA) has unveiled its alternative Brexit plan in a move that will pile pressure on the Prime Minister following her failure to secure support for her Chequers plan at an EU summit in Salzburg last week. The IEA said the government had approached Brexit in the “wrong way” [...]
Labour wouldn’t offer second vote on Brexit, says John McDonnell September 24, 2018 Labour would not offer a second vote on Brexit, shadow chancellor John McDonnell appeared to admit this morning. The opposition would seek to force a general election over Brexit, but if that is not possible would back a so-called people’s vote, he told Radio 4’s Today programme this morning. Read more: Labour opens new [...]
Dialling down the music won’t reduce London’s crime rate September 24, 2018 Earlier this year, a drill rap group known as 1011 was issued with a court order banning them from making music without police permission. The five west London teenagers were arrested last year for conspiracy to commit violent disorder. The criminal behaviour court order, requested by the police, specified that the group must notify [...]
How to turn the Chequers rat into a lovable Brexit hamster September 24, 2018 It has been said that a rat just is a hamster with a PR problem. Both share many of the same fundamental characteristics – but one people want to look after, and the other they want to kill. Since its uneasy formation, Theresa May has hoped that her Chequers plan could become the Brexit [...]
United Nations to investigate how financial sector can fight modern slavery September 24, 2018 Leaders from the financial sector, global regulators and non-governmental organisations will work alongside survivors as part of a new United Nations (UN) commission which aims to explore the role of the financial sector in fighting human rights abuses. The Financial Sector Commission on Modern Slavery, launched today, will examine the ways in which financial services [...]
Brexiters set to reveal an alternative to Chequers September 24, 2018 Pro-Brexit MPs will today throw their weight behind a detailed alternative to the Prime Minister’s ill-fated Chequers proposals. Earlier this month City A.M. revealed that former Brexit secretary David Davis was backing an alternative Brexit plan, which has been produced by trade expert Shanker Singham – head of the International Trade and Competition Unit at [...]
Labour will tell major UK companies to hand 10 per cent of equity to workers September 23, 2018 The Labour party opened up a new front in its war with business last night, revealing a plan to force companies to put 10 per cent of shares into so-called "inclusive ownership funds". Workers could receive up to £500 a year from the funds, according to the policy. However, any additional revenues "will be transferred [...]
Labour opens new front in party’s war on business September 23, 2018 Labour's party conference is getting underway in Liverpool, and the various factions of the hard-left are already putting on a good show as they compete for control of the agenda. The trade unions used their voting power to block a bid by Momentum activists to force sitting MPs to face reselection challenges; members demanding [...]
Labour calls for workers to sit on company boards September 23, 2018 A Labour government would introduce laws requiring businesses to reserve a third of board seats for workforce representatives, party leader Jeremy Corbyn announced. Under the policy, revealed as Labour launched its annual conference in Liverpool over the weekend, employee directors would be elected by the workforce and paid at a level equal to other board [...]