Business leaders lash out at government’s lack of Brexit plans June 29, 2016 Business leaders and industry groups turned on the government yesterday over its apparent lack of contingency plans in the aftermath of the Brexit vote. Following a meeting hosted by business secretary Sajid Javid the director general of the CBI, Carolyn Fairbairn, warned that the government was a “long way” from having a clear plan for [...]
SNP meets City lobbyist as Edinburgh seeks London’s financial crown June 28, 2016 One of the City's top lobbyists is in talks with the SNP on making Edinburgh a financial services powerhouse after Scottish first minister Nicola Sturgeon pledged to secure access to the European single market. Cicero Group executive chairman Iain Anderson, whose clients include City heavyweights BlackRock, Rio Tinto and Barclays, met SNP deputy leader Stewart Hosie yesterday to [...]
Over 1,000 anti-Brexit protesters stage rally outside parliament June 28, 2016 Over 1,000 people turned up outside parliament today to protest against Britain's decision to leave the European Union. Many chanted "there's no plan" and held up signs condemning former London mayor and Leave champion Boris Johnson who is the bookies' favourite to be Britain's next Prime Minister. Last Friday, London voted to remain in the EU in the referendum while 52 [...]
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 [...]