Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’
UK steel crisis: Prime Minister David Cameron rejects Labour leader Jeremy Corbyn’s call for MPs to hold an emergency debate over Tata Steel March 30, 2016 UPDATE: Downing Street has rejected Labour leader Jeremy Corbyn's appeal for MPs to return to London from their Easter holidays to debate the future of the British steel industry. A Number 10 spokesman said this afternoon: "Ministers will continue to hold briefings to update representatives of other parties on the situation but we have no plans [...]
Oh, GoD: Former cabinet secretary Lord Gus O’Donnell doubts UK could negotiate Brexit within two-year time limit March 30, 2016 The UK would struggle to negotiate its exit from the European Union within the two-year time limit, according to a former cabinet secretary. A Brexit win in June's referendum would lead to a "very complex process", Lord Gus O'Donnell (known to his mates as "God") has said. And he described the prospect of winning support from all [...]
London mayoral election 2016: Zac Goldsmith and Sadiq Khan square off over Transport for London (TfL) fares and services March 30, 2016 Conservative mayoral candidate Zac Goldsmith and his Labour rival Sadiq Khan will square off today over their plans for public transport in the capital, with Goldsmith vowing to protect investment in Transport for London (TfL) and Khan accusing the Richmond Park MP of planning to raise TfL fares by 17 per cent. Goldsmith is set to [...]
EU referendum: Bank of America bans its staff from saying ‘Brexit’ March 29, 2016 Bank of America has reportedly instructed its senior staff to avoid using the word Brexit in conversations with clients. The US bank also told employees not to provide opinions or influence voters, and "not to assume a particular result and not to engage in campaigning", according to the Financial Times. The group has also reportedly [...]
Lifetime ISAs confusion: MPs re-open inquiry into pensions auto-enrolment after compatibility concerns raised over Lisa March 29, 2016 A government contribution of £1 for every £4 put aside for their first house or their retirement must have sounded somehow too simple to many young savers but, as some auto-enrolment experts have pointed out, that's because it might just be. The Work and Pensions Committee has today announced that it is re-opening its inquiry into [...]
EU referendum: Everyone on Twitter is laughing at education secretary Nicky Morgan’s speech on Brexit March 29, 2016 Education secretary Nicky Morgan gave a speech today that was presumably intended to rally young people around the government's Remain campaign in the run up to the EU referendum – but the reaction suggests her points fell a little wide of the mark. Morgan warned that the nation's young would be the most affected by a possible Brexit, but some [...]
Half of company boards have yet to consider Brexit risks to business new research reveals March 29, 2016 Company boards are not prepared for the risks that a British exit from the European Union could bring, The Governance Institute and The Core Partnership (ICSA) has warned. According to a poll conducted by the professional governance body, 47 per cent of boards have not considered the result of the referendum on the UK’s membership of [...]
EEF slams government over skills shortage as new survey finds nearly three in four firms are struggling to recruit skilled workers March 29, 2016 Nearly three in four manufacturers have struggled to recruit skilled workers in the last three years, and almost just as many are worried they will face similar problems in the years to come, according to a new survey out today from the EEF. The EEF said firms are dealing with a lack of quantity and [...]
EU referendum: Britain Stronger in Europe and Vote Leave spar over claims that freedom of movement puts British families in danger March 29, 2016 Pro-EU campaigners have slammed the eurosceptic Vote Leave campaign, after the pro-Brexit group claimed the European Union’s freedom of movement policies “put British families in danger”. In a new report out today, Vote Leave says that EU law does not require other EU countries to inform the UK on a systematic basis of the criminal records [...]
EU referendum: Tech leaders warn against Brexit as new figures show one in five directors at new UK tech companies are foreign nationals March 28, 2016 London tech leaders are warning against Britain leaving the European Union as new figures show that more than one in five directors at new UK tech companies are foreign nationals, with most coming from EU countries. The number of foreign directors of new UK tech companies has increased by 133 per cent since 2010, while [...]