CMA energy market report expected to attract a wave of criticism June 23, 2016 The culmination of a two-year investigation into whether the big six energy suppliers have been overcharging customers is expected to attract a barrage of criticism tomorrow. The Competition Market Authority's report is likely to endorse provisional findings released earlier this year, while recommending price caps on prepayment meters and the creation of a customer database to increase marketing [...]
EU referendum: Why there is no exit poll June 23, 2016 Unlike at general elections, there will be no official exit poll for the EU referendum. Differently to opinion polls, which ask people how they intend to vote, these polls they ask how a voter actually did vote. They rely on people being camped outside of polling stations asking real voters to cast paper ballots and as [...]
The polls have closed: EU referendum voting has now ended across the UK – and now the counting begins June 23, 2016 Polling booths across the UK to vote on the country's EU membership have now closed. Both the Remain and Leave camps look to have a long night ahead of them as counting now gets underway. The Electoral Commission has said if you're in line at a polling station at the 10pm cut-off you'll be able to cast [...]
BHS saga continues: Chappell comes under spotlight as MPs scrutinise funds he used June 23, 2016 Ever since BHS collapsed into administration, recriminations have flown about who is to blame for the parlous state of its finances, particularly with regard to the £571m pension deficit. Today, the spotlight fell again on Dominic Chappell, the former racing car driver and bankrupt whose outfit Retail Acquisitions bought BHS for £1 off from its [...]
Pensions minister Ros Altmann is to meet with campaigners seeking to soften changes to women’s state pensions June 23, 2016 Pensions minister Baroness Ros Altmann will meet with campaigners next week as she seeks to convince colleagues of the case for reform on women's state pensions. Altmann will meet the Women Against State Pension Inequality (Waspi) group on 29 June to hear complaints over the rising state pension age. Speaking to City A.M., Altmann said she had [...]
Five things we learned about the EU referendum from our Google searches June 23, 2016 Soon, we may consciously uncouple from the rest of Europe. What's it all about? Here's what the oracle of all modern day information (Google) has to say about it. 1. It's the economy, stupid Immigration or the economy? When it comes to the referendum's effect on the country, it's apparently money that matters to us the most. Of [...]
I’m a migrant and entrepreneur: We all deserve better than Brexit June 23, 2016 I’m a Polish migrant and a successful entrepreneur, and I proudly call London home. Having lived in Krakow, Dublin and New York, it was London’s dynamic intersection of cultures from all over the world (and the EU in particular) that made me want to put down roots here. But sadly that dynamism has started to ebb away [...]
A decision on the expansion of London’s airports will reportedly come within two weeks June 23, 2016 A decision on airport expansion will reportedly be announced within the next two weeks. According to PoliticsHome, the government has pencilled in 7 July for an announcement, just one day after the publication of the Chilcot Inquiry into the Iraq War. A source close to the matter told City A.M. that a decision is currently [...]
EU referendum: There may have been a record amount of betting on Brexit vote – but is it that impressive? June 23, 2016 The EU referendum has caught the betting world by storm. After the failure of the pollsters at last year's general elections, politics watchers have been broadening their horizons to try to understand who has the edge in the campaign. Of course, the betting markets themselves move in response to opinion polls, but discussions about polling methodology, [...]
Defence secretary to pay compensation to Tooting imam over Islamic State claims June 23, 2016 Defence secretary Michael Fallon has issued a public apology to Tooting imam Suliman Gani over claims he supported Islamic State, agreeing to pay Gani compensation, and meet his legal costs. Fallon attacked Gani during the London Mayoral campaign, echoing a claim made by David Cameron in parliament that the imam backed the extremists. The false [...]