Institute of Directors: Let’s make it easier to invest in startups by simplifying tax relief September 7, 2015 A leading business group has called on the government to simplify existing tax relief schemes in order to boost entrepreneurship. In a new report out this week, the Institute of Directors (IoD) has argued that the full potential of the Enterprise Investment Scheme (EIS) and Seed Enterprise Investment Scheme (SEIS) is “not fully being realised”. [...]
Labour leadership race: Want to be like Jeremy Corbyn? Now you can, with this blazer September 7, 2015 We all know Jeremy Corbyn, the nation’s new political celebrity, is more than a man with bold ideas: with his characteristic beard and crumpled suits, his distinct style transcends generations. Now you can look just like him – with the "Jeremy Corbyn 70s Beige Burton Blazer" on Ebay. Simply combine with a white shirt and dark [...]
EU migrant crisis: Labour leadership contender Yvette Cooper urges government to accept 50,000 refugees September 7, 2015 As David Cameron prepares to outline details of how many refugees the UK will take in parliament later today, labour leadership candidate Yvette Cooper has indicated that 50,000 or more refugees should be accepted into the country. Speaking on BBC Radio 4’s Today programme, Cooper commended Cameron’s anticipated statement today accepting more refugees: “That would [...]
EU Migrant crisis: Prime Minister David Cameron to outline UK plan for refugees September 7, 2015 As MPs return from the summer recess, the Prime Minister is set to outline details of government plans to accept more refugees into the UK, the BBC has reported. Cameron is expected to say how many people will be accepted in more detail and who exactly will be accepted, as well as outlining plans of [...]
Tories put City at centre of EU talks: George Osborne vows to take on damaging and misguided regulations September 6, 2015 The government will put the City’s interests at the forefront of its bid to renegotiate Britain’s relationship with the European Union, chancellor George Osborne said today. Writing exclusively for City A.M., the chancellor warns that red tape from Brussels poses a major danger to London’s status as a global financial hub. While Osborne [...]
David Cameron braces for defeat on EU referendum bill September 6, 2015 Prime Minister David Cameron stands to be dealt a bruising defeat today if a cross-party coalition of Labour, the SNP and Conservative rebels vote down the government’s proposed changes to the EU referendum bill. Last week, Downing Street indicated that Cameron would U-turn on his initial refusal to impose a period of “purdah” ahead of [...]
Greek debt crisis: Alexis Tsipras seeks to claw back support for Syriza September 6, 2015 Former Greek prime minister Alexis Tsipras sought to claw back support for his Syriza party today, as the polls show a tie with main rival New Democracy ahead of an increasingly high stakes snap election on September 20. In a campaign speech in the northern town of Thessaloniki, Tsipras sought to defend the former government's record regarding negotiations over a €86bn [...]
Greek debt crisis: Tsipras tries to calm fears over Syriza defeat September 6, 2015 Former Greek prime minister Alexis Tsipras has tried to temper mounting fears about the outcome of the widely watched snap election on September 20. In recent days, opinion polls have shown that no party is on course to win enough support to form a majority government. Leftist Syriza and its main rival the conservative New Democracy are currently neck-and-neck. [...]
EU migrant crisis: This is how the chancellor plans to pay for thousands of incoming refugees September 6, 2015 George Osborne plans to pay for thousands of incoming refugees by dipping into the UK's £12bn international aid budget. In an interview on the BBC's Andrew Marr show today, the chancellor said he would use some of this money to help local councils house the refugees: The foreign aid budget can provide the [...]
Chancellor George Osborne’s bank tax comes under attack from Labour and SNP September 6, 2015 Small challenger banks and building societies will receive a boost if Labour and the SNP are successful in their attempt to amend Osborne's new bank tax. In his budget this year, the chancellor announced plans to replace the increasingly unpopular bank levy with an eight per cent surcharge on profits for banks of all [...]