It’s time to flesh out May’s industrial strategy, British manufacturers warn October 24, 2016 Britain's manufacturers are calling on the government to dramatically hasten plans to introduce a new industrial strategy. Prime Minister Theresa May has stressed the importance of supporting industry since coming to power this summer, introducing a muscular new government department to shepherd work. But manufacturer trade body EEF has today warned that May and her [...]
Chris Grayling is set to signal an appetite for new runways at UK regional airports this week October 23, 2016 Transport secretary Chris Grayling is this week expected to signal fresh appetite for expansion at the UK's regional airports as well as in the south east. A special cabinet committee headed by Prime Minister Theresa May meets tomorrow to decide whether Gatwick or Heathrow should be expanded to give the south east more airport capacity. [...]
Tata’s Port Talbot steelworkers have been boosted by the emergence of new cost figures October 23, 2016 Endangered steelworks in Port Talbot have been handed a boost by the emergence of new figures backing work at the plant. Tata is locked in talks over the future of the site, with hopes high for progress on a potential joint-venture with ThyssenKrupp. The negotiations had raised fears of work being transferred from the UK [...]
Businesses unsure of Theresa May’s threat to cut corporation tax to 10 per cent October 23, 2016 Businesses have given a lukewarm reception to the idea that Theresa May could slash corporation tax if she does not secure a good exit deal with the EU. Both the British Chambers of Commerce (BCC) and the Institute of Directors (IoD) said cutting corporation tax would not be top of their wish-list if the government is [...]
PSOE agree to end Spanish political deadlock after 10-month impasse October 23, 2016 Spain is on course to emerge from 10 months of political deadlock after the opposition socialist party agreed it would not block the centre-right Popular Party from forming a minority government. Mariano Rajoy has governed as head of a weak and interim government since the end of last year when the PP lost their majority in parliament. After elections [...]
Is the battle between Trump and Clinton much closer than current polls suggest? October 23, 2016 Donald Trump could be much closer to securing the White House than many American polls suggest. Figures from ABC News earlier today handed Trump's rival Hillary Clinton a lead of 12 points over Trump among American voters. And the billionaire Apprentice star has seen his odds drift with bookmakers since his comments on sexual assault, [...]
Belgium told to sort out Wallonia rift over EU-Canada trade deal by Monday October 23, 2016 The European Union has given Belgium until Monday evening to sort out its dispute over whether to approve the EU-Canada trade deal or risk another disappointing setback for EU trade policy. The new deadline comes after talks between the Belgian government and representatives from the region of Wallonia broke down on Friday, raising fears the entire Comprehensive Economic [...]
Theresa May mulling plan to dramatically slash corporation tax to beat a “brutal Brexit” October 23, 2016 Theresa May is reportedly considering a dramatic reduction in corporation tax if she is faced with a “brutal Brexit” in talks with the EU. According to the Sunday Times, May could slash the tax rate from 20 per cent down to just 10 per cent if the UK can't secure passporting rights for financial services [...]
The government claims it has not decided on Heathrow or Gatwick yet October 23, 2016 The government has insisted that all options for airport expansion are still on the table, just two days before the cabinet will meet to make a long-awaited and much-delayed decision on whether to build at Heathrow or Gatwick. Despite reports that the government is poised to give Heathrow the green light, Transport secretary Chris Grayling said this [...]
Suzanne Evans to run in Ukip leadership race October 23, 2016 Suzanne Evans has announced she will stand for the leadership of Ukip, after front-runner Steven Woolfe resigned from the party last week. Evans, who was suspended from the party earlier this year and has fallen out with Nigel Farage, made the declaration on the Andrew Marr Show this morning, stating: "I think I am the right [...]