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 [...]
Jeremy Corbyn is to demand an end to “trench warfare” within Labour September 27, 2016 Jeremy Corbyn will tomorrow tell Labour members to end “trench warfare” within the party, warning of the risks of an early general election. Addressing the Labour party conference in Liverpool, Corbyn is expected to demand MPs and party members rally around his leadership and focus on fighting the Conservatives. It comes at the end of [...]
Outgoing Institute of Directors chief sounds the alarm over protectionism September 27, 2016 The outgoing director general of the Institute of Directors (IoD) has today issued a warning to Theresa May and her government not to send the UK down a protectionist path. Calling Brexit "the event of the year" during his opening speech at the IoD's annual convention, Simon Walker cautioned that the country must now not go back [...]
Bank of England’s quantitative easing is making the rich richer claims Osborne September 27, 2016 The UK's monetary policy has made "life difficult for savers" and has helped the rich become richer, former chancellor George Osborne has said. In an interview with Bloomberg TV, Osborne said: “We need to offset the very necessary loose monetary policy and the distributional consequences that is having. Essentially it makes the rich richer and makes [...]
Liam Fox falls short of calling for hard Brexit September 27, 2016 Liam Fox has been accused of overstepping his mark after failing to deliver any significant detail on what trading relationships the UK will pursue outside the European Union. In a speech to the World Trade Organisation (WTO) today, the international trade secretary did not address the issue of whether the UK would seek to leave [...]
Single Market membership is not a realistic goal for the UK says shadow chancellor John McDonnell September 27, 2016 Hopes of retaining the UK's Single Market membership are not realistic according to shadow chancellor John McDonnell. Speaking at the Labour Party Conference in Liverpool, McDonnell said that while Labour would like to retain membership, it considered negotiated access to be a more likely result in the aftermath of Brexit. "At the moment we are [...]
Sadiq Khan has issued a coded warning to his Labour colleagues, demanding the party seeks power September 27, 2016 London mayor Sadiq Khan has told the Labour party conference that while the leadership contest is over, the party must now seek power. Speaking in Liverpool, Khan listed achievements of Labour administrations, including his own in London, and argued the party's failure to achieve better results was allowing numbers of affordable homes built to to fall, and [...]