The House of Lords is investigating the pros and cons of driverless cars October 28, 2016 Anyone feeling edgy about the progress of driverless cars and their imminent arrival on UK roads can rest easy (sort of). Next week the House of Lords will get cracking on its inquiry into autonomous vehicles and their future on UK roads. The science and technology committee will meet on Tuesday 1 November and hear evidence [...]
Business secretary Greg Clark says “no chequebook” was involved in keeping Nissan in the UK October 28, 2016 All that fuzzy goodwill over Nissan announcing it was building not one, but two new models in Sunderland after months of uncertainty has faded pretty fast. Not for everyone, of course, but the comment that Nissan chief executive made saying he had received "support and assurances" from the government gave rise to some scepticism. Ministers [...]
London security: Six things Sadiq Khan is considering to tackle terrorism in the capital October 28, 2016 London mayor Sadiq Khan is considering a range of new ways in which to tackle potential terror attacks in the capital, after the publication of a new report on the city's preparedness to deal with threats. The report comes a week after a potential attack was thwarted when a suspicious package was found on a Tube train [...]
Sterling drops sharply as Northern Ireland High Court dismisses legal challenge to Brexit process October 28, 2016 Sterling dropped sharply this morning on news that the High Court in Northern Ireland has ruled that the region will not be able to veto Brexit on behalf of the UK. The pound fell by around 0.13 per cent against the dollar and by more than 0.2 per cent against the euro on the news. [...]
Tony Blair doesn’t rule out second referendum after Brexit “catastrophe” October 28, 2016 Tony Blair thinks the UK needs to keep its "options open" over Brexit and said he didn't rule out a parliamentary vote, a general election or another referendum on the subject. The former Prime Minister said that while he respected the June vote, Britain needed to look again at Brexit once "we have a clear sense of where [...]
Editor’s notes: Brexit has damaged economists, not the economy October 28, 2016 A couple of years ago I interviewed Saatchi & Saatchi’s global CEO, Robert Senior. As we discussed possible future advertising trends he said “my problem with futurologists is that they’re never held to account”. He meant that predictions of what life will be like in 100 years are very hard to hold up in front [...]
The Square Mile will lose business and jobs because of Brexit, according to City of London chief Mark Boleat October 27, 2016 City of London policy chief Mark Boleat has warned it is “inevitable” that the Square Mile will lose business as a result of Brexit. Speaking at the City of London dinner tonight (27 October), Boleat warned that New York will likely be the biggest beneficiary of any jobs losses resulting from the UK's departure from [...]
Millionaire Labour donor John Mills to launch business-driven “Hard Brexit” campaign group October 27, 2016 Millionaire Labour donor John Mills is in early talks to create a new campaign group to push for a so-called “Hard Brexit”. Mills, who campaigned for a Leave vote during the referendum, is looking to corral business figures to back a drive under the banner “Business for Brexit”. The founder of JML has been a [...]
Theresa May must get serious about economic reform for Britain to weather Brexit turbulence October 27, 2016 The Prime Minister must begin to explain Britain’s role in the world outside the EU – something ambitious enough to match the enormity of the public’s decision to vote Leave. But she must also start explaining the need for a more dynamic and competitive domestic economy outside the EU. The two are inextricably linked. Britain [...]
Zac Goldsmith’s Richmond Park by-election has been scheduled for December October 27, 2016 Former Conservative MP Zac Goldsmith will fight the Richmond Park by-election on 1 December it has been confirmed. Goldsmith will be standing as an independent in the competition after dropping out of the Conservatives in protest over the decision to expand Heathrow. He will face no opposition from either the conservatives or Ukip after both [...]