Italian PM says David Cameron was wrong to hold EU referendum September 29, 2016 The Italian Prime Minister has blamed David Cameron for losing the EU referendum this morning, but called on the EU and the UK to remain "best friends" after Britain formally leaves the bloc. Matteo Renzi also told the BBC he expects exit negotiations between the two sides to be a "very difficult process" which must be started [...]
Competition and Markets Authority to investigate price comparison websites September 29, 2016 The UK's competition watchdog is launching a wholesale review into price comparison websites to investigate how they make their money and whether they really do help consumers get the best deals. The Competition and Markets Authority (CMA) announced the review this morning – the latest in a long-line of high-profile probes the body has conducted including [...]
Do business leaders need to be likeable to succeed? September 29, 2016 In a pivotal debate during the 2008 Democratic presidential primaries, Hillary Clinton was told that, unlike her opponent Barack Obama, she was “not likeable”. Obama couldn’t resist a cheeky retort. “You’re likeable… enough”, he said. And the rest is history. Eight years on and little has changed – Clinton still has a likeability problem. She is [...]
From server rooms to boardrooms: Cyber crime issues must become top priority for UK bosses September 29, 2016 Cyber crime is big business. Attacks can come from opportunists, commercial rivals, terrorist groups, bored teenagers, organised crime and nation states. The goal could be anything from online vandalism to data theft or destabilisation. Faced with such threats, a new industry has emerged promising an array of state-of-the-art systems to keep your data and commercial [...]
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 [...]