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 [...]
Brexit campaigners are “peddling nonsense” according to Prime Minister David Cameron June 7, 2016 Prime Minister David Cameron has launched a withering attack on Leave campaigners, accusing them of “peddling nonsense” and "telling complete untruths to the British people". In a press conference in London this morning, Cameron highlighted yesterday's statement from the Institute of Fiscal Studies, which slammed justice secretary Michael Gove for arguing that Brexit would leave billions [...]
London airport expansion: London Chambers of Commerce pushes for Heathrow decision after Gatwick promises concessions June 7, 2016 A top business group has called on government to back Heathrow after the EU referendum following pledges from Gatwick that it would make concessions to get the green light on a second runway. The London Chamber of Commerce and Industry (LCCI) said that airport expansion must be the priority after the EU referendum, adding that government should respond to [...]
EU referendum: Remain moves slightly ahead in new poll while turnout still key June 7, 2016 Against a backdrop of growing speculation that the pro-Brexit camp is experiencing a surge of support, a new poll has found that Remain has gained marginal ground. A new ORB poll has found a slight uptick for Remain to 52 per cent against Leave, which has fallen two points to 40 per cent. The problem for [...]
EU referendum: Hitachi chairman Hiroaki Nakanishi says Brexit may lead to cut to jobs and operations in UK June 7, 2016 Hitachi could cut jobs and operations in the UK if it votes to leave the EU, the company's chairman Hiroaki Nakanishi has warned. The Japan-based company, best known for its electronics, is a "serious and long-term investor in the UK", Nakanishi continued, as he explained how Brexit will affect Hitachi. "We have invested over £1bn creating new jobs in [...]
EU referendum voter registration deadline is today: Here’s everything you need to know about how to register to vote June 7, 2016 There isn't much time left to register to vote in the EU referendum – the deadline is rushing towards us faster than the Vote Leave battlebus… What you need to know about registering to vote in the EU referendum When is the deadline? Midnight on 7 June (that's today) is the last time you can register to vote in [...]
Sports Direct founder Mike Ashley to answer MPs’ questions this morning June 7, 2016 Sports Direct's billionaire founder Mike Ashley will finally face MPs' questions this morning, after months of avoiding calls to appear in front of the business, innovation and skills (BIS) select committee. Ashley will be quizzed over allegations about working practices at the company's Shirebrook warehouse in Derbyshire. Sports Direct has been criticised for its treatment [...]
US Presidential election 2016: Hillary Clinton secures Democratic Party nomination June 7, 2016 Hillary Clinton has enough delegates to secure the Democractic Party's nomination for the 2016 US presidential election, according to the Associated Press. Clinton has won the support of 2,384 delegates according to the news agency's calculations – one more than she needs to win nomination at the party's national convention at the end of July. The tally [...]
EU referendum: Brexit could cause significant staffing issues for NHS while pharmaceutical sector would suffer June 7, 2016 There are "substantial risks for the country's health sector" if the UK votes for Brexit, a new report has warned. A report by the Economist Intelligence Unit (EIU) argues that the economic and political implications of Brexit, which are described as gloomy, could have direct implications for the health sector. First, if the economy does indeed [...]
Leave vote would hit British exporters with £79,500 bill says Remain camp June 7, 2016 A Brexit vote would leave UK exporters facing a £34.4bn “export tax” generated by non-tariff barriers, according to analysis from Remain campaigners. Sums from Britain Stronger in Europe show an average cost of £79,500 for each British business exporting to the EU. Business secretary Sajid Javid and former European trade commissioner Peter Mandelson will unveil [...]