Danny Blanchflower quits Labour’s economic advisory council June 28, 2016 Top economist Danny Blanchflower has resigned from Labour's economic advisory council. Announcing his resignation on Twitter, the former monetary policy committee member said he's winding up the review of the Bank of England too. In light of recent developments I have decided to resign from the Economic Advisory Council and wind up the review of the Bank [...]
Seven ways to make sure your business gets through Brexit June 28, 2016 As the Brexit analysis continues, business leaders across the country will be wonder how quickly things will get back to normal. Some may even be wondering if they ever will. Here’s a seven-point guide to help businesses get through Brexit unscathed: Read more: Brexit: Load the fiscal bazookas to put a floor under business confidence 1. [...]
Labour leader Jeremy Corbyn is refusing to resign after losing a vote of no confidence among his MPs June 28, 2016 Labour leader Jeremy Corbyn has refused to resign despite losing a vote of no confidence among his MPs as the party's crisis continues. MPs have been rebelling against Corbyn since Sunday, and almost 50 have since resigned from shadow cabinet, front bench, and aide roles. The vote reportedly saw 172 of Labour's MPs declare no confidence [...]
Scottish first minister Nicola Sturgeon will tomorrow meet with EU leaders as she seeks to preserve Scotland’s single market access June 28, 2016 Scottish first minister Nicola Sturgeon is to travel to Brussels tomorrow to meet with officials from European Parliament, including its president Martin Schulz. Speaking today in the Scottish parliament, Sturgeon said that she hoped to preserve Scotland's access to the single market, adding the she would also seek to set out her case to the [...]
Labour’s leadership crisis reaches a third day, with almost 50 parliamentary resignations and a motion of no confidence set for this afternoon June 28, 2016 Labour's leadership crisis has reached a third day with fresh resignations coming ahead of a vote on a motion of no confidence in Jeremy Corbyn later today. Corbyn is widely predicted to lose in a non-binding vote of Labour MPs this afternoon, with results expected to be announced around 5:00pm. The vote itself will not [...]
The Trades Union Congress has hit out at the government after its request to join a business roundtable set for today was rejected June 28, 2016 The Trades Union Congress has hit out at the government after a request to attend a business roundtable set for today was rejected. Business secretary Sajid Javid told the TUC their attendance at the event, at which the government will discuss Brexit fears with groups including the Confederation of British Industry, the Institute of Directors [...]
Theresa May is now the bookies’ favourite to become Tory leader, while Angela Eagle and Lisa Nandy edge ahead for Labour June 28, 2016 Theresa May has overtaken Boris Johnson as the bookies' favourite to be the next elected leader of the Conservative Party. William Hill punters have strongly backed the home secretary, leading the bookie to shorten its odds to 11/10. Boris Johnson is now the second favourite at 11/8 odds while Brexit campaigner and minister of state for energy Andrea Leadsom is third at [...]
“Who’s laughing now?” Ukip leader Nigel Farage calls for “grown up” deal after Brexit as he mocks MEPs to a chorus of booing June 28, 2016 Leading Leave advocate Nigel Farage has called for a "grown up, mature" deal between the EU and UK after a historic Brexit vote last week. Speaking to the European Parliament, Farage said trade is mutually beneficial, and that a "sensible trade deal" would result in a great friendship between the soon-to-be 27-member bloc and the [...]
EU referendum: MEPs vote for UK to trigger Article 50 “as soon as possible” as Jean-Claude Juncker says UK must clarify position and Angela Merkel says EU market access entails “obligations” June 28, 2016 The European Parliament has called for the UK to trigger Article 50 "as soon as possible". MEPs earlier today passed a motion calling for the UK to commence formal negotiations by activating Article 50. It came after a debate in which European Commission President Jean-Claude Juncker reasserted his view that the UK should make haste on triggering [...]
Now London must “take back control”, says London mayor Sadiq Khan June 28, 2016 Following the UK's vote to leave the EU, Sadiq Khan has said that the capital needs to "take back control" to protect "jobs, wealth and prosperity". Speaking among business leaders to demand more autonomy for London, Khan said that further devolution would be to the benefit of the whole country. "As much as I might like the [...]