With the Labour Party in complete turmoil, does it have any chance of regaining power by 2025? July 13, 2016 Alex Thomson, director at Hanover Communications, says Yes. Politics is a bit like geology. For years it can appear that nothing is happening. But the tectonic plates are ever shifting under the surface, and finally things erupt. So while Labour may be facing a number of problems at the moment, including a fall in Jeremy Corbyn’s [...]
History shows us why the next chancellor must tighten the belt July 13, 2016 On the face of it, the Brexiteers have a bit of explaining to do. A week before the vote, Boris Johnson dismissed fears about the value of sterling, and accused the governor of the Bank of England of “talking the economy down”. Yet the economy does seem to have stalled, property funds have had to suspend [...]
London mayor Sadiq Khan has secured a £15m windfall after licensing contactless ticketing technology July 13, 2016 London mayor Sadiq Khan has secured a £15m windfall after licencing the technology behind Transport for London's contactless ticketing system. TfL technology can now be used worldwide by Cubic Transportation Systems, which provides ticketing tools in Sydney, Brisbane, Vancouver and Chicago. London mayor Sadiq Khan said the cash from the licensing deal will go towards the delivery [...]
Political hiatus will only exacerbate uncertainty and send a negative message to investors, says president of the Institution of Civil Engineers Sir John Armitt July 13, 2016 The political hiatus currently engulfing the country will send a negative message to investors, president of the Institution of Civil Engineers Sir John Armitt has warned, as he said the government must reassert its commitment to infrastructure. Armitt, a former chief executive of Network Rail, said the EU referendum outcome has left a cloud of uncertainty [...]
This isn’t a break with the past – it’s a revival of past ideas that don’t work July 12, 2016 We've just spent the last 43 years resisting the imposition of continental style corporate governance upon British companies. Now that we’re leaving the EU’s embrace, new Prime Minister Theresa May is advocating that we adopt them anyway. This is not, to be polite about it, a sensible move. Earlier this week, May vowed to put workers [...]
Jeremy Corbyn will be included on the ballot for Labour’s leadership contest automatically July 12, 2016 Jeremy Corbyn will be included on the ballot in Labour's leadership contest without requiring support from other MPs, Labour's National Executive Committee (NEC) has decided. The dispute over whether MPs' support would be required for Corbyn to run has intensified this week as Angela Eagle launched her bid for the leadership of the party. A [...]
The pound is on its best run against the Japanese yen in three years July 12, 2016 Sterling is on course for its best performance against the yen in over three years after Theresa May was named as the successor to Prime Minister David Cameron. A 1.9 per cent rise for the pound sent it to a one-week high of $1.3246, while against the safe haven Japanese yen sterling climbed almost four per [...]
Here’s how the UK tech industry feels about Theresa May as PM July 12, 2016 The UK’s tech industry has welcomed the eventual arrival of a new Prime Minister in Theresa May, who effectively became David Cameron’s successor and the woman to lead Britain out of Europe after her only other rival dropped out of the running in the leadership race. The surprise result after one of the most tumultuous [...]
Jeremy Corbyn reveals death threats as he condemns an attack on the constituency office of Angela Eagle July 12, 2016 Labour leader Jeremy Corbyn has revealed he received death threats this week, as he condemns an attack on Angela Eagle's constituency office. Eagle's staff found that a window had been smashed at the Wallasey office this morning, just a day after she launched a leadership challenge. Angela Eagle MP's constituency office in Manor Road, Liscard, where [...]
David Cameron uses his penultimate day in office to announce approvals for 31 new free schools and academies July 12, 2016 In one of his final acts as Prime Minister, David Cameron has announced approvals for 31 new free schools and academies across the country. As part of his penultimate day in office, Cameron today visited an “outstanding” rated free school in West London to reveal the latest from the government programme, which will include 20,000 [...]