A former Treasury minister has said that further devolution is “as important as Brexit” to the nation’s future October 21, 2016 A former banker and Treasury minister has claimed that the success of new mayoralties is as important for the country as Theresa May's Brexit talks. Lord Jim O'Neill, who famously coined the “Brics” term for some of the world's largest emerging economies, said that “at least” four further regional mayors should be created. Four mayoral [...]
The debates changed nothing: Trump’s attitude toward women is fuelling his polling decline October 20, 2016 The first two US presidential debates have been the talk of the town – and the world – since they aired. The third, and final, debate on Wednesday night has proven no different. But what’s new? Hillary Clinton won the third debate, just as she won the first. Clinton is ahead in the polls – [...]
Theresa May arrives in Brussels with a vow to be a “strong” and “dependable” partner for the EU after Brexit October 20, 2016 Theresa May has promised vowed the UK will remain a strong partner to the EU on arrival at her first European Council summit in Brussels. May also called for unity in pressuring Russia for its "sickening atrocities" in Syria. “The UK is leaving the EU but we will continue to play a full role until we [...]
City of London chiefs have published new proposals for a London visa system October 20, 2016 The City of London has published plans for a new scheme to allow square mile businesses to recruit talented workers in the aftermath of Brexit. In a report published with PWC, the City has offered two models for future systems which would allow for regional systems, as long as live in the region in which [...]
Politics of Brexit at odds with banks’ business needs, banking conference told October 20, 2016 The politics of Brexit is doing little to help banks keep calm and carry on, several key figures have said today. Speaking at the British Bankers' Association's (BBA) International Banking Conference, Lord Mandelson, Labour politician and now chairman at advisory group Global Counsel, remarked that banks need some sort of certainty on what government was planning for [...]
Clinton supporters reclaim Trump’s “nasty woman” insult October 20, 2016 At the end of last night's presidential debate between Donald Trump and Hillary Clinton, the moderator asked the candidates whether they would consider increasing taxes and cutting benefits. Clinton said she wanted to put more money into the Social Security Trust fund and would raise taxes for the wealthy, which would include her, to pay for it. She [...]
Mark Garnier joins Philip Hammond in reassuring the City it’s still important in the Brexit negotiations October 20, 2016 Mark Garnier, parliamentary under secretary of state for international trade, has today reiterated reassurances from other politicians that the financial services sector is important to government as it gears up for Brexit negotiations. Garnier told the audience at a British Bankers' Association (BBA) conference that "government fully appreciates the implication" concepts such as a hard Brexit could have for the industry, adding: [...]
David Davis warns against using Brexit to disrupt “fragile” European markets October 20, 2016 David Davis, the Brexit secretary, has warned against using the departure from the EU to disrupt the City of London, for fears it could have a knock-on impact on "fragile" European markets. Speaking in the House of Commons this morning, Davis said it was "not going to be in the interests of either side, either Britain [...]
MPs to get a symbolic vote on whether to strip Sir Philip Green of his knighthood October 20, 2016 MPs will get a symbolic vote today on whether to strip Sir Philip Green of his knighthood. An amendment by Conservative MP Richard Fuller has been accepted by the Speaker of the House of Commons, which means MPs will get a vote, but it will not be binding. The backbencher called for today's debate in parliament on [...]
David Cameron’s top adviser explains why Remain lost the EU referendum October 20, 2016 Two decades of attacks on the European Union, a convoluted reform process, botched campaigning techniques and a failure to answer basic questions on immigration cost David Cameron the referendum – so says the former Prime Minister's top aide. Daniel Korski, who was deputy director of the highly influential Number 10 policy unit and was one of Cameron's most [...]