Has Labour under Jeremy Corbyn become completely irrelevant? September 28, 2016 Alex Deane, managing director at FTI Consulting and common councilman in the City of London Corporation, says Yes. While I’m a Tory, there’s no schadenfreude for me in answering “yes” to this. Our country needs a strong opposition; while Jeremy Corbyn continues to lead Labour, we do not have it. Legislation which should be challenged goes [...]
Jeremy Corbyn says he will hike business taxes to fund a new education service September 28, 2016 Labour leader Jeremy Corbyn has offered “a new settlement” to British businesses, warning he will increase taxes to fund a new National Education Service. Addressing the Labour party conference, Corbyn said Labour would raise taxes, adding to a previous plan to raise corporation tax to fund a new Education Maintenance Allowance. However, he added that [...]
Sadiq Khan is pushing for an Autumn Statement announcement on London devolution September 28, 2016 London mayor Sadiq Khan is pushing the Treasury to announce fresh devolution of powers to London within weeks. Speaking exclusively to City A.M., Khan said he had recently met with Philip Hammond, and was optimistic the chancellor would make an announcement in the Autumn Statement. Khan also expressed fears that any reform to migration might [...]
Andy Burnham resigns from the shadow cabinet at Labour Conference 2016 September 28, 2016 Andy Burnham has resigned as from Jeremy Corbyn's shadow cabinet during his speech at the Labour Conference in Liverpool. Burnham is in the running to become mayor of Manchester and said he was quitting the shadow cabinet in order to focus on the election, which will be held next May. "This is my tenth Conference speaking to you as a [...]
What to expect from the final day of Labour Conference 2016 September 28, 2016 It's the final day of Labour Conference 2016 – here's what's likely to happen as newly re-elected leader Jeremy Corbyn takes to the stage to address his party of opposition. It's the final day of #labour party conference, so here's a final update from Liverpool ahead of Jeremy Corbyn's big speech #Lab16 pic.twitter.com/ozu0v0FYDr — Mark [...]
Yanis Varoufakis has some advice for the UK, Theresa May and Labour September 28, 2016 Academic, EU-tormenter, former Greek finance minister and leather-jacket-wearing big thinker Yanis Varoufakis has blasted George Osborne and told the UK to get a move on with triggering Article 50. In an interview with the Today programme, Varoufakis, who resigned from the Syriza-led government last summer after he helped prime minister Alexis Tsipras take Greece to the [...]
Investors shouldn’t worry about Jeremy Corbyn September 28, 2016 For many of the party’s supporters, Saturday’s result will have been seen as a win for Jeremy Corbyn and a loss for Labour. For them, a resounding endorsement of Corbyn by Labour’s growing membership has cemented the hard left at the heart of the party, and will weaken its appeal to the broader electorate. A [...]
Andy Burnham will today tell Labour members to fight for a “fair Brexit” September 28, 2016 Shadow home secretary Andy Burnham is to call on Labour MPs to fight for a “fair Brexit”, accusing Theresa May of following a hard-line, right-wing agenda. Speaking at the Labour Party Conference in Liverpool, Burnham will today say that May has positioned herself to the right of Leave campaigners. “By rejecting a points-based system, failing [...]
City Hall is making plans for a bespoke London visa system post-Brexit, Sadiq Khan has said September 27, 2016 London Mayor Sadiq Khan has said City Hall is putting together proposals for a separate system of work permits for the capital. A group of business representatives is working on a model that will ensure London “can carry on recruiting and attracting talent”, Khan told Sky News today. He added that he has already held [...]
The UK is the seventh most competitive economy in the world September 27, 2016 The UK has surged to seventh place in a highly-influential ranking of the world’s most competitive economies. The World Economic Forum (WEF) said the UK had overtaken Hong Kong, Japan and Finland to climb three places in this year’s global competitiveness index, more than reversing last year’s embarrassing fall to 10th place. The WEF hailed [...]