Post Office strike: 3600 walk out today as further action could cause Christmas post chaos October 31, 2016 Thousands of staff at Post Offices across the UK will walk out today as they strike over jobs, pensions and branch closures. The 24-hour strike will affect 118 of the Crown Post Offices, but 99 per cent of the 11,600 Post Offices will remain open. Up to 3,500 members of the Communication Workers Union and Unite [...]
The Houses of Parliament were evacuated because of a fire alarm October 31, 2016 So close to Guy Fawkes night, it's kind of apt… Hundreds of staff were evacuated from the Houses of Parliament due to a fire alert this morning. Westminster insiders tweeted pictures of staffers shivering in the cold morning after a fire alarm was triggered. However, they were allowed back into the building shortly before 11am, [...]
Controversial former Farage aide Raheem Kassam has withdrawn from Ukip’s leadership race October 31, 2016 The controversial former aide to Nigel Farage has withdrawn from Ukip's leadership race just hours before the final candidates are due to be confirmed. Raheem Kassam was one of the first candidates to enter the race to succeed the party's leader of just 18 days, Diane James. But he has today pulled out of the contest, complaining [...]
Mark Carney has just been accused by Brexiteer Daniel Hannan of behaving like a “rock star banker” October 31, 2016 Conservative MEP for South East England Daniel Hannan has criticised Mark Carney for acting like "a rock star banker" on BBC Radio 4. On the Today programme this morning, Hannan, who has been a long-term supporter of Brexit and a long-term critic of Carney (who warned of the consequences should Britain leave the EU) said: "If you do stay, [...]
Donald Trump is just one point behind Hillary Clinton in newest national poll October 31, 2016 Let it never be said that 2016's US presidential election wasn't interesting. Republican presidential candidate Donald Trump is apparently closing the gap on Hillary Clinton in the latest national poll. An ABC News/Washington Post poll had the Democratic Presidential candidate just one point ahead of Trump, as the timing of an FBI announcement into emails [...]
Brexit is a chance to reboot Britain’s stagnant productivity performance – as long as we also return monetary policy to normal October 31, 2016 Productivity is the key driver of economic prosperity. From 1945 to 1980 Britain performed poorly on productivity growth, particularly in the 1970s when the UK joined the European Community. The 1980s saw a sharp improvement in UK productivity growth, sustained for much of the 1990s and early 2000s. Alas, the UK’s productivity performance has since [...]
MP Steve Baker: We need a pragmatic approach to leaving the European Union October 31, 2016 The UK will leave the EU. We will be an independent country, passing our own laws and governing ourselves. We will be a Global Britain, always the most passionate, most consistent, most convincing advocate for free trade, promoting peace and prosperity around the world. We will seek a unique, reciprocal UK-EU arrangement of open trade in [...]
City firms expected to forge strong deals after Brexit October 31, 2016 Independence from European Union laws and regulation will enable the UK to “make beneficial trade deals with partners around the world”, according to analysis from the Legatum Institute, a think tank whose Special Trade Commission was set up post-referendum to examine the UK's negotiating options. While senior figures from across the City have raised concerns [...]
Bank of England governor Mark Carney looks ready to remain in post beyond 2018 October 30, 2016 Mark Carney is expected to extend his term at the Bank of England beyond 2018 after a weekend of speculation over his future. The governor is said to be readying himself to make a statement on his future this week and put an end to the uncertainty. Read more: Mark Carney looks set to leave [...]
Business groups are demanding a raft of industrial strategy interventions to boost productivity October 30, 2016 Business groups are pushing the government to dramatically boost productivity through a raft of plans to back infrastructure growth, hiring and training. A government consultation has seen lobbyists deluge Greg Clark's Department for Business, Energy and Industrial Strategy with demands to boost the UK's economy. Theresa May's desire to publicly reintroduce industrial strategy to the UK's [...]