After grilling Mike Ashley about Sports Direct working practices, is it fair for MPs to demand business leaders account for themselves before Parliament? June 8, 2016 Ioannis Ioannou, associate professor of strategy and entrepreneurship at London Business School, says Yes. Yes, it is fair. To the extent that Parliament acts in good will to protect the long-term interests of society at large (as opposed to serving short-term political objectives), demanding transparency and accountability from companies that have a material impact on societal [...]
Nearly half of London households worried about impact of EU referendum on pound in their pocket June 8, 2016 Nearly half of London households are worried about the impact of the EU referendum on the "pound in their pockets", new research has found. Households are particularly concerned about financial fragility and external shocks despite a £34 increase in monthly disposable income in the last quarter, bolstered by continued low rates of inflation, the introduction of [...]
EU referendum: Voter registration website crashes just an hour before deadline June 7, 2016 Talk about bad timing – the website to register to vote in the upcoming EU referendum went down just an hour before the deadline. Users have until 11.59pm BST to register to be able to cast their votes on 23 June. The website stopped working after an ITV show saw Prime Minister David Cameron and UKIP [...]
David Cameron has been hit with some tough public questions on his plans for migration June 7, 2016 Prime Minister David Cameron has conceded the UK could survive outside the EU but maintained the country would be bolstered by retaining its membership, in an evening which also saw the PM come under pressure on immigration. Cameron was grilled by members of the public in the latest stage of the EU referendum campaign, taking to [...]
CBI urges firms to let employees work flexibly on EU referendum day June 7, 2016 The CBI is urging 190,000 companies to let its employees work from home on 23 June in order to enable them to vote in the EU referendum. Carolyn Fairbairn, CBI director-general, said that the referendum will be the "biggest decision that most of us will get to vote on in our lifetimes". She said: “The decision on whether [...]
The European Union has “no doubt” wasted taxpayers’ money according to an influential lobbying group June 7, 2016 The European Union has “undoubtedly” wasted taxpayer’s money, according to the chairman of an influential lobbying group. Andrew Allum, chairman of The Taxpayers’ Alliance, which last week raised concerns over the number of individuals who sit as board-members on more than one quango, said: “In reviewing our analysis over the past eight years, there is no [...]
A new European ruling raises the dangers of illegal immigration for the UK, according to Leave campaigners June 7, 2016 The risk of illegal immigration has been heightened by a new European Court of Justice ruling, Leave campaigners have said. The ECJ ruled on Tuesday that EU member-states within the Schengen area cannot imprison illegal immigrants without first giving them up to 30 days to return voluntarily. Although Britain is not part of Schengen, justice [...]
Union raises concerns over UK’s “secretive” defence procurement policy after decision to buy American Boeing aircraft June 7, 2016 Unite the union has raised concerns over the defence secretary's decision to buy American without competitive tendering. The union said it was worried about the lack of "offset agreements" in the proposed Boeing deal, work that could be earmarked for British defence firms to safeguard skilled jobs. The deal is to buy nine Boeing Poseidon P-8A patrol aircraft, [...]
EU referendum: Have people made their minds up or could they defect at the last minute? June 7, 2016 For those who want the UK to remain a member of the EU, recent polling data may have been keeping them up at night. The momentum is gathering pace: Of the last eight polls conducted, Leave has won four by a margin of at least three points, while there’s been one tie and Remain has [...]
EU referendum: WTO chief warns British business competitiveness will suffer if UK votes for Brexit June 7, 2016 A vote to leave the EU will cause British business competitiveness to suffer, the director general of the World Trade Organisation (WTO) has warned, in a visit to London today. "While trade would continue, it could be on worse terms," said the WTO chief Roberto Azevedo. "Most likely, it would cost more for the UK to trade [...]