May to lead “historic” summit with Polish government November 28, 2016 Prime Minister Theresa May will today welcome her Polish opposite number to London at the start of what Downing Street is branding a “historic” cross-government summit. May will host Prime Minister Beata Szydlo for talks on Brexit and defence co-operation, while senior ministers from both sides will also meet at Lancaster House. British ministers expected to [...]
A £60bn bill for Brexit is outweighed heavily by economic gains November 28, 2016 The Autumn Statement provides the building blocks for Britain to be the best enterprise economy in the world. So why then has the Office of Budget Responsibility (OBR) been so pessimistic about growth prospects saying that we will be £60billion worse off? Well first of all, the growth forecasts outstrip all of our EU competitors, [...]
President-elect Donald Trump now claims to have won the popular vote, citing no evidence November 27, 2016 There are plenty of sore losers in the world, but it takes a special type of person to be a sore winner. President-elect Donald Trump has claimed to have won the popular vote in the US presidential election, citing no evidence. Trump won the 8 November presidential election based on the Electoral College. Read more: Trump risks damaging [...]
François Fillon defeats Alain Juppe in the French conservative primary November 27, 2016 François Fillon was voted the presidential candidate of the French centre-right party and will likely be the main challenger to far-right leader Marine Le Pen in next year's election. Votes from over a third of 10,228 polling stations were counted showing Fillon winning with 68.6 per cent of the vote compared with 31.4 per cent for Alain Juppe, [...]
Tata could commit to the future of the embattled Port Talbot steelworks within weeks November 27, 2016 Tata is expected to commit to the future of embattled steelworks in Port Talbot within weeks, with hopes rising of a flush of investment for the site. The Indian conglomerate has been considering the future of the British steel operation for most of 2016, with a mooted joint-venture with ThyssenKrupp under exploration since July. But [...]
The Bank of England’s Brexit strains have been laid bare November 27, 2016 Minutes from a meeting of Bank of England bosses have revealed that the UK's decision to quit the EU has piled on the work for central bankers. The Court of Directors, which oversees the Bank's work, met in September to discuss Brexit, among other issues, with directors asking about funding for extra research. Read More: Mark Carney has [...]
Michael Gove just totally dissed economists and “expert” pollsters and social scientists November 27, 2016 Michael Gove has dissed economists, calling them out for failing to predict the financial crisis back in 2008 and for getting it wrong when it comes to the impact of June's vote for Brexit, as well as labelling the profession "in crisis". The former justice secretary and Leave campaigner who was sacked from the frontbench by [...]
Executive pay is about to get a major shake-up November 27, 2016 The difference between how much the average worker and their bosses get paid could soon be revealed under new proposals by the government due to be unveiled this week. Prime Minister Theresa May is pushing for reform of executive pay in a year where shareholders of several of the UK's biggest firms have become more outspoken over [...]
UK and US politicians react to Fidel Castro’s death November 26, 2016 Politicians from either side of the Atlantic gave wide spectrum of reactions to the news that former Cuban leader Fidel Castro had died overnight. Labour leader Jeremy Corbyn praised Castro's "heroism" and in his official statement in reaction to the news said: Fidel Castro's death marks the passing of a huge figure of modern history, national [...]
A third of City workers reckon their employers might move abroad because of Brexit November 25, 2016 A third of City workers reckon say their employers might be planning to relocate after the Brexit vote, a new study has found. The survey, by Morgan McKinley, found 31 per cent of those in the Square Mile believe their bosses either definitely are or might be moving parts of their business abroad. Just under [...]