Sadiq Khan’s successful pro-business campaign is heartening for us all – but the work is just beginning May 9, 2016 It is fair to say that relations between the Labour Party and business are in a slightly odd place at the minute. The nervousness is perhaps understandable, considering that both the leader and shadow chancellor of the party continue to describe themselves as socialists. In these interesting times – and to be fair to those [...]
Brexit: London employers are most likely across the UK to vote to remain in the UK May 9, 2016 More than two-thirds of London's employers are likely to vote to stay in the EU, according to new research from online employment platform Reed. In a survey of 1,700 employers across the UK, 71 per cent of those based in London said they would vote remain when the referendum polls open on 23 June, while [...]
Here’s what 300 top economists told the UK about tax havens May 9, 2016 So-called rock star economist Thomas Piketty and Nobel prize-winner Angus Deaton are among 300 top economists from around the world calling for an end to tax havens, ahead of a meeting of world leaders this week. Economists from several of the world's elite universities, including Oxford, the London School of Economics, Harvard and the Sorbonne are among [...]
Here’s how the UK’s business leaders really feel about Brexit May 9, 2016 From makers of scotch whisky to the nation's bank bosses, by now there aren't many groups who haven't let their views on the UK's membership of the European Union be known. But now the leaders of 1,224 businesses have added their voices to the chorus – after the Institute of Directors asked its members how they [...]
Jeremy Corbyn will still be Labour leader – and will still be losing elections – in 2020 unless MPs get their act together May 9, 2016 1985. Margaret Thatcher was in Downing Street. David Cameron was in the Bullingdon Club. Everton were League Champions. And Jeremy Corbyn? Well, he was exactly where he is now, serving as MP for Islington North. 1985 was also the last time the main Opposition party failed to make gains in May’s annual council elections, other [...]
Does the SNP’s failure to secure an overall majority in the Scottish parliament elections take a second independence referendum off the table? May 9, 2016 Jack Montgomery, Scottish spokesman for Leave.EU, says Yes. The chances of Brexit leading to a second Scottish independence referendum were always vanishingly small. While the solidification of “the 45 per cent” around the SNP might have allowed Nicola Sturgeon to tear chunks out of an ailing and decrepit Scottish Labour Party in first past the post [...]
Ready for a Brexit? Most businesses are not, but financial services firms are ahead of the game May 9, 2016 People up and down the country may be preparing themselves to vote at the EU referendum next month, but a study out today suggests that businesses might not be ready for the result. The research by law firm Pinsent Masons found that just a quarter (26 per cent) of senior decision makers from businesses across [...]
Vote Leave uses leaked email to try and scotch claims Brexit would be bad for whisky May 9, 2016 Just when you thought the icy relationship between the Remain and Leave campaigns couldn't spill any further onto the rocks, a new tussle over whisky has begun. Vote Leave, the campaign for a Brexit, has today published a leaked email in which the chief executive of the Scotch Whisky Association (SWA) criticises David Cameron's EU reforms [...]
Bank of England expected to issue more Brexit warnings this week May 8, 2016 The Bank of England is expected this week to issue more warnings over the EU referendum. Governor Mark Carney has repeatedly cautioned over the potential impact over a so-called Brexit. And more warnings are on the cards this week, with the Bank publishing its inflation report on Thursday. Read more: Britain won't take a pounding if it goes [...]
How much will Sadiq Khan earn as mayor of London? May 8, 2016 He may come from humble beginnings but Sadiq Khan is now set to earn some serious dosh. His punchline for his mayoral campaign was “I’m the son of a bus driver”. The Tooting MP, whose parents are Pakistani immigrants, grew up in a modest south London housing estate with his seven siblings. He slept in [...]