Small business commissioner will tackle late payment issues February 12, 2017 The hunt is on for the UK’s first small business commissioner. As part of its strategy to tackle late payment issues, the government will hire an advocate for small businesses. This move comes in response to the discovery that nearly half of the UK’s small businesses experience late payment. Payment processor Bacs estimated that a [...]
Toshiba is set to report a £3bn loss for nine months of 2016 later this week February 12, 2017 Toshiba, the troubled Japanese conglomerate looking to build a new nuclear reactor in Cumbria, is set to report a group net loss of approximately ¥ 400bn (£2.8bn) for the three quarters to December, the Nikkei reported. The loss is largely due to a goodwill impairment of around £4.2bn on a US nuclear unit that came to light in late [...]
Rebel peers are confident of amending Theresa May’s Article 50 Bill in the House of Lords February 12, 2017 Rebel peers are confident of amending the Article 50 Bill with protections for EU nationals once the legislation arrives in the House of Lords. The Bill, which grants Prime Minister Theresa May the power to trigger Brexit talks, was passed unamended by the House of Commons last week. But both the Lib Dems and Labour have [...]
Almost 50 Tory MPs are demanding a fast-track visa system for Commonwealth citizens February 12, 2017 Commonwealth countries could be offered a new “fast track” visa system in the aftermath of Brexit, under plans promoted by almost 50 Conservative MPs. In a letter to home secretary Amber Rudd, 45 Tory backbenchers have called for the UK to “extend the hand of friendship to our Commonwealth partners”. The MPs, who include former [...]
Three important things we learned from Jean-Claude Juncker this weekend on the future of Europe, Trump and Brexit February 12, 2017 European Commission President Jean-Claude Juncker has spoken about the future of Europe and his own role within it, in an interview with German radio, and the effect of Trump and Brexit. Here are the three important things he said. 1. Europe is divided – and Britain isn't helping Opinions of both the public in the member [...]
It’s not over: Donald Trump is preparing a new travel ban February 11, 2017 Donald Trump last night said he's considering signing a new executive order banning travel from people of certain countries. The news comes a day after a US federal appeals court upheld a decision to suspended the US President's controversial ban. After angrily tweeting that the ruling put US national security at risk, Trump announced he was mulling a "brand new [...]
Nine ways Donald Trump has already fallen out with American voters February 10, 2017 As the latest batch of polling results are released, Donald Trump finds himself increasingly at odds with both Republican and Democrat voters, it turns out. It's well known Trump’s approval ratings are the worst of any new President – but new figures suggest they have continued to slide since he took office on 20 January. According [...]
Parliament is likely to be virtually powerless as Brexit remakes Britain February 10, 2017 The government's publication of a Brexit White Paper establishing a high level, if vague, overview of its vision for a post-Brexit Britain provides welcome clarity on its key negotiating objectives. In practice, however, the extent to which the government will be able to deliver upon these goals will rely not only on the outcome of [...]
The UK government’s crackdown on encryption threatens to undermine London’s fintech boom February 10, 2017 Talk of calamity befalling corporate Britain as we negotiate our EU exit is typically overblown. Nevertheless there is a potentially serious conflict in the making between the UK government’s stated desire to maintain access to certain online data for reasons of national security and the continental European determination to institute a modern system of information [...]
Post-Brexit Britain will be a paradise for lobbyists – and it’s not necessarily a bad thing February 10, 2017 Picture the scene: a small conglomerate of agricultural businesses demand a meeting with their local legislator. They tell her their businesses will go bust if she does not vote against a forthcoming trade agreement and they indicate no further donations to her party will be made if she does not speak out more against the deal. [...]