City groups want “the right Brexit deal – not the quickest one” August 14, 2016 City groups are unconcerned by the prospect of a delayed departure from the European Union, urging the government to get the terms of Brexit right for business. “Brexit is permanent, so what difference does a few months’ delay at the beginning of the process make?” an Institute of Directors spokesperson told City A.M. after it [...]
No Labour leadership vote for new members after legal challenge dropped August 14, 2016 The Labour Party has ultimately triumphed in its bid to ban thousands of new members from voting in the leadership election after a legal case was dropped The court of appeal on Friday overturned a previous decision giving the go-ahead to 130,000 new members to vote in the upcoming election which will pit leader Jeremy Corbyn against newcomer Owen Smith. [...]
Deliveroo drives into pay row with warning on minimum wage August 14, 2016 Deliveroo has ridden into trouble with changes to the way it pays delivery drivers, prompting a warning from the government over adhering to rules on the minimum wage. Drivers last week took to the London streets to protest the changes, which they argue leaves them being paid less than the £7.20 National Living Wage (NLW), and which the [...]
Who tops the list of Britain’s 10 most popular politicians? August 14, 2016 Just one month into her tenure as Prime Minister, Theresa May has emerged as Britain’s most popular politician, stealing the top spot from Boris Johnson who has suffered a fall from grace in the wake of the EU referendum. May won favour with Conservative MPs following David Cameron’s resignation on 24 June and has since risen in [...]
We might be waiting a while longer for Article 50 to be triggered August 14, 2016 Anyone waiting for the government to fire the starting gun on Article 50 – the official trigger that will kick off crucial negotiations between Britain and the EU – get ready to wait a little longer. We already know it won't be triggered this year, but all eyes have been on the start of 2017 for triggering [...]
RBS is “too big” for the economy of an independent Scotland August 14, 2016 The bank formerly known as the Royal Bank of Scotland would be "too big" for the Scottish economy if the country were to become independent from the rest of the UK, its top boss has said. And that would prompt a move of its headquarters to the UK, despite the vote for Brexit. RBS boss [...]
Hammond guarantees £4.5bn EU funding for farmers and scientists until 2020 August 13, 2016 Chancellor Philip Hammond has today pledged to match EU funding for British firms in the first guarantee of its kind since the UK voted to leave the bloc in June's historic referendum. Hammond has agreed that all UK projects that win funds under the various EU development programmes will be "fully funded, even when these projects continue beyond the departure from [...]
Liam Fox’s new government department just issued – and then deleted – a confusing statement on business and Brexit August 12, 2016 The newly established Department for International Trade has muddied the waters on Brexit by issuing, and then deleting, a statement on the process of leaving the EU. The statement, a cached version of which can still be found here, admits the UK could be left operating on World Trade Organisation rules after quitting the EU, [...]
Labour has won a court victory defending its right to bar some members from voting in its leadership election August 12, 2016 The Labour party has won a court victory over its right to set a "freeze date" barring new members from voting in its leadership election. Five members took Labour to court over their right to vote after the party ruled that only those who were members before 12 January this year. Labour's ruling committee proposed [...]
The government will publish the final apprenticeship levy details just six months before it launches August 12, 2016 Businesses are to be given just six months to prepare for the launch of the apprenticeship levy, according to documents released today. In a summer consultation, the government has laid out the arithmetic behind plans allowing businesses to deduct the training of their own apprentices from the levy, which is set at 0.5 per cent [...]