The housing minister just admitted the government will miss its housebuilding targets November 11, 2016 The UK's housebuilding sector is "absolutely… not at the rate we need to be" in order to meet government targets, the housing minister has admitted. In an interview with Sky News, Gavin Barwell said although the UK is currently building 170,000 new homes a year, we're on course to miss a target of one million [...]
Lib Dem leader says his party will vote against Article 50 if there isn’t a second EU referendum November 11, 2016 Liberal Democrat MPs will vote against triggering Article 50 unless the government promises to hold a second referendum, the party's leader Tim Farron said today. Farron wants a public vote on any final deal on the UK's membership of the EU, and said Lib Dem MPs would vote against enacting the legislation required to kick off [...]
These chief execs think President Trump could be good news for business November 11, 2016 Donald Trump as President could be good for business, according to the chief executives of Goldman Sachs, BlackBerry and hedge fund Pershing Square. Bill Ackman, the founder and chief executive of Pershing Square, said yesterday that he was “extremely bullish on Trump”. “The US is the greatest business in the world,” he said at a [...]
Facebook’s Mark Zuckerberg rejects claims the network swayed the US election November 11, 2016 Mark Zuckerberg has denied claims that fake news on Facebook helped elect Donald Trump to the White House. The chief executive of Facebook said at the Techonomy technology conference in San Francisco last night that it was a "pretty crazy idea" and that voters "make decisions based on their lived experience". “The idea that fake news on [...]
No 10 says Farage is an ‘irrelevance’ amid his suggestions he’ll work with Trump November 11, 2016 Downing Street has denied claims that they will use Nigel Farage as a go-between for talks with the President-elect Donald Trump, claiming he was an "irrelevance". The Telegraph claimed last night that ministers would be forced to use the contacts of the interim Ukip leader as they have no links to the President-to-be or his team. [...]
City A.M. Awards 2016: Our business heroes make the most of the madness November 11, 2016 Businesses hate uncertainty, so we’re told. The lobby groups that represent UK plc constantly remind us of the benefits of a calm economic and political environment, with benign conditions nurturing growth and prosperity. It’s a nice thought, and an understandable sentiment. But the reality is that life is never straightforward, and some of the business [...]
Boris Johnson says Trump’s victory represents a “great opportunity” for the UK to build a relationship with the US November 10, 2016 Foreign secretary Boris Johnson said that the public needs to snap out of any downbeat feelings towards Donald Trump's US presidential election victory. Speaking to reporters after meeting Serbian Prime Minister Aleksandar Vucic, Johnson said that "it's time we snapped out of general doom and gloom about this election", according to reports by Reuters. Johnson went on [...]
Editor’s notes: Does Trump’s victory provide opportunities for the UK? Maybe November 10, 2016 One benefit of Trump’s shock victory is that it makes the Brexit vote look like a council by-election in comparison. The world is now used to the idea that over the next two years the UK will slip the surly bonds of Brussels, and although the full details of that plan aren’t fully understood it’s the [...]
Ex-Cameron adviser Dan Korski is on the look-out for people to back an innovative new fund November 10, 2016 One of David Cameron’s fellow Brexit vote victims is on the hunt for backers for a fund that will invest in public sector technology projects. Dan Korski, who quit his role as special adviser to David Cameron following Britain's decision to leave the EU, is planning to launch a new "govtech" fund. And, according to reports [...]
Barack Obama and Donald Trump put aside differences to ensure smooth transition November 10, 2016 Barack Obama and Donald Trump got the presidential transition ball rolling this afternoon by holding an "excellent" meeting. Chewing the fat in the Oval Office, both men put past differences to one side and afterwards smiled for the cameras in what appeared to be a very cordial event. The get-together is likely to be the first of many [...]