Improved fiscal outlook for the chancellor as he prepares the Spring Budget February 20, 2017 The Office for Budget Responsibility (OBR) is expected to provide some “fiscal cheer” for the chancellor, with a forecast showing greater growth for the economy and lower borrowing costs. According to the Ernst & Young ITEM Club, forecasted GDP figures for 2017 are expected to be revised upwards, from 1.4 per cent to 1.6 or 1.7 [...]
The HS2 cost for taxpayers could top £90bn, warns the TaxPayers’ Alliance February 20, 2017 HS2 costs could top £90bn, if the high-speed rail project follows in the footsteps of other government-managed, large infrastructure projects, according to a think tank. The TaxPayers' Alliance has warned that taxpayers should "take no comfort" in government insistence that HS2 will be delivered on budget, given an "appalling track record". Ministers had said the London 2012 [...]
Downing Street was up for a fight over the now scuppered $140bn Kraft Heinz-Unilever mega deal February 20, 2017 Sometimes, it’s just not meant to be. Many of us spent the weekend chewing over the early manoeuvres of what would have been one of the largest corporate deals ever, but by Sunday evening Kraft Heinz declared it was “amicably” walking away from its audacious bid to scoop up Unilever. In just 48 hours, a [...]
Will Marine Le Pen’s Front National provide Europe with its next big political shock? February 19, 2017 With Marine Le Pen’s hard-right Front National leading the polls just over two months away from France’s presidential election, some have already marked May in their calendars as the next political shock in Europe. Is the result a foregone conclusion and what does it all mean for the UK in any case? Polling Day France [...]
Khan says Trump’s visit should be scrapped over “cruel and shameful” travel ban February 19, 2017 Prime Minister Theresa May should scrap plans for US President Donald Trump to visit the UK over his “cruel and shameful” policies, London mayor Sadiq Khan has said. Trump was offered a state visit to the UK just days after being elected, but the plan has proved controversial, with protests erupting over the President's attempts to ban [...]
Tech leaders call for new post-Brexit visa to avert talent crisis February 19, 2017 The UK's tech leaders are calling for a new visa scheme to avert a potential skills crisis in the industry caused by Brexit. The government should create a new minimum six-month high-skilled visa to ensure the fast growing sector has access to talent after the UK leaves the European Union, as new figures reveal a [...]
Prime Minister Theresa May to work on new domestic violence law February 18, 2017 Prime Minister Theresa May has announced she will be leading work on a new law on domestic violence and abuse. There is an “unacceptable diversity” in the way domestic abuse is handled by police forces around Britain, Downing Street said in a statement. Along with her efforts to tackle modern slavery, domestic abuse is an [...]
Could Tony Blair be Labour’s next leader? Bookies are offering odds on it happening… February 17, 2017 Tony Blair's rousing anti-Brexit speech today may have garnered plenty of opposition – not least from the foreign secretary, who accused the erstwhile PM of insulting the electorate's intelligence. But some suggest the speech may have been Blair's first step towards staging a glorious comeback. William Hill has put the odds of Blair standing in [...]
Boris Johnson just accused Tony Blair of insulting the intelligence of the electorate in his Brexit speech February 17, 2017 Never one to knowingly let an opportunity for a rant to pass him by, foreign secretary Boris Johnson has reacted angrily after Tony Blair called for Britons to "rise up" against Brexit. In an interview with Sky News, Boris – whose ministrations have, admittedly, become increasingly measured since he was appointed to his role after the [...]
The best Twitter reactions to Tony Blair’s speech at Open Britain February 17, 2017 Tony Blair made an impassioned speech in the City of London this morning calling on the British people to "rise up" and fight against Brexit. The former PM was speaking at the launch of his new campaign for the UK to remain in the European Union. "People voted without knowledge of the true terms of [...]