Is Amber Rudd backpeddling on tough new migration proposals just a day after they were revealed? October 5, 2016 Home secretary Amber Rudd has suggested the government could backpeddle on controversial plans to tackle migration by making companies list the number of foreign workers they employ. Rudd unveiled the proposals yesterday at the Conservative party conference in Birmingham, but they have been slammed by business groups, who argue a tough crackdown would drive talent away. [...]
The new centre ground: The full text of Theresa May’s Conservative Party conference speech October 5, 2016 In the speech which closed the Conservative Party conference, Theresa May spoke of a country in transition, and new opportunities. The full 7,600 words is below – although if you'd rather a cut-down version, her best quotes are here – or you can read how businesses reacted. The new centre ground: May's speech in full When [...]
UK tech is outraged about Rudd’s immigration crackdown October 5, 2016 The UK's reputation as one of the leading digital economies in the world and a global tech hub could be at risk from fresh government plans to crackdown on foreign workers. The new home secretary Amber Rudd yesterday revealed plans to reduce immigration, including proposals to "tighten" the test for companies recruiting from abroad to encourage hiring of [...]
The best reactions to Theresa May’s speech at the Conservative Party conference October 5, 2016 With promises to intervene in "dysfunctional" markets and reform boardroom pay, Theresa May's closing speech at the Conservative Party conference was, she said, squarely aimed at "shifting the balance in favour of ordinary working people". But how have businesses reacted to her list of pledges, which included a promise to reset the Conservative Party's relationship with [...]
In quotes: Theresa May’s Conservative Party Conference speech October 5, 2016 Theresa May has promised to reset the Conservative Party's relationship with capitalism, crack down on immigration and intervene in a host of "dysfunctional markets". In her speech to the Conservative Party Conference the new Prime Minister addressed everything from Brexit to grammar schools to corporate governance and focused on the theme of "change". Here are the key [...]
Theresa May resets government policy in flagship conference speech October 5, 2016 Theresa May has promised to reset the Conservative Party's relationship with capitalism, free markets and business and stepped up her claims to be the representative of working-class Britain. The Prime Minister also threatened to intervene in "dysfunctional" markets, tackle failing competition in the utilities sector, press ahead with reforms to boardroom pay and crack down [...]
Theresa May confirms government will press ahead with HS2 and airport expansion decision due shortly October 5, 2016 Theresa May confirmed the government would "press ahead" with HS2 development and that it would "shortly take a decision on expanding Britain's airport capacity". In the closing speech to the Conservative Party conference the Prime Minister said "big and sometimes controversial" decisions on infrastructure needed to be taken. Whether that statement was a hint at Heathrow getting [...]
Theresa May sets down her vision for bigger government as she slams “divisive” Labour party October 5, 2016 Theresa May will wrap up the Conservatives’ conference today with a dramatic pledge to move her party further away from free-market liberalism and towards an approach that favours even greater government control. The new Prime Minister, who replaced David Cameron in July, will set out her vision for Britain, which she says will put “the power [...]
A hard Brexit could cost up to 75,000 jobs October 5, 2016 Leading think tank TheCityUK has warned that a so-called "hard Brexit" would cost thousands of jobs. A report published today by Oliver Wyman on behalf of TheCityUK estimates that, if the UK only secures a low degree of access to the Single Market, it could cost between 65,000 and 75,000 jobs, plus up to £38bn in [...]
Ukip leader Diane James stands down after just 18 days October 4, 2016 Ukip leader Diane James has stepped down as the party's leader after just 18 days at the helm. Ukip sources have told City A.M. that James had "cited her husband's ill health", while others said she had been reluctant to stand for leader from the beginning. The news was first reported by the Sun newspaper. Read more: Nigel [...]