JP Morgan boss Jamie Dimon tells staff Brexit would mean fewer jobs with the bank in the UK June 3, 2016 The boss of US bank JP Morgan Chase has warned British staff that a Brexit could lead to the company making job cuts in the UK and shifting more roles to the rest of Europe. "A vote to leave would be a terrible deal for the British economy," said the bank's chief executive Jamie Dimon. "So if the [...]
EU referendum: Donald Trump will now visit the UK the day before the EU referendum June 3, 2016 Presumptive Republican Presidential candidate Donald Trump will now visit the UK a day before the EU referendum. He'd originally planned for a fairly awkwardly timed visit the day after, on 24 June, but will be travelling to Scotland on 22 June instead to celebrate the reopening of his Trump Turnberry hotel. Read more: Trump is coming to [...]
EU referendum: Music fans could suffer in the event of Brexit, according to survey June 3, 2016 The prospect of Brexit is sounding decidedly off-key for the UK's music lovers. A survey from the British Phonographic Industry (BPI) has found an overwhelming majority of UK labels are Backing Remain, with 78 per cent saying walking away will damage business prospects and undermine the success of British music in Europe. Geoff Taylor, chief executive of BPI and the [...]
EU referendum: Nick Clegg says Remain has “comprehensively” won the economic argument June 3, 2016 The economic argument has been "comprehensively" won by the Remain side, former deputy prime minister Nick Clegg has said. Speaking ahead of an EU intervention later today, Clegg said: "I think the economic argument, it's fair to say objectively, has been pretty comprehensively won by those who say there will be huge economic damage and [...]
Dumbed down Brexit row patronises voters June 3, 2016 Like clockwork, yesterday brought another slew of extreme projections about the impact of Brexit. It would “destroy” young people’s hopes of getting on the housing ladder, says Remain, apparently forgetting George Osborne’s warning last month that house prices could fall dramatically if the UK quits the EU (surely a boon for first-time buyers). Leave has [...]
Khan to introduce protections for small business and start up spaces June 3, 2016 London mayor Sadiq Khan is to protect spaces for small businesses and start ups as part of a package of measures to support enterprise in the city, City A.M. can reveal. Figures from City Hall show that 1.47m square metres of office space have been converted into residential units since 2013 through schemes which have [...]
David Cameron forecasts a decade of uncertainty, but denies allegations of scaremongering June 2, 2016 PRIME Minister David Cameron has warned that a Brexit would lead to a decade of uncertainty, while defending an EU referendum campaign branded by some as “Project Fear”. Speaking on Sky News last night, the Prime Minister said he would trigger exit procedures immediately after a Brexit vote but claimed it would take 10 years [...]
Some non-UK citizens have been given EU referendum postal votes, the Electoral Commission has admitted June 2, 2016 A number of non-UK residents have been handed postal votes and polling cards for the upcoming EU referendum, the Electoral Commission has admitted. The election watchdog blamed the problem on software used by some local authorities in England and Wales, but said it was still working to establish the numbers affected. This month’s referendum on [...]
Ryanair will reportedly email more than 5m customers to encourage them to vote Remain June 2, 2016 Ryanair is to urge more than 5m customers to vote Remain in the EU referendum with an email barrage reportedly to be launched tomorrow. According to Sky News, the airline will tell customers that both the UK economy and its future prospects are stronger as part of the EU. The email, which also includes a broader [...]
Blackout risk if subsidies for small diesel generators are scrapped June 2, 2016 Britain could be more vulnerable to future blackouts if Ofgem recommends scrapping subsidies for highly polluting small diesel generators. Big four accountancy firm KPMG said if this became law it would threaten the construction of these, as well as less polluting gas plants, which are already in the pipeline due to the subsidies awarded the government's "capacity market" [...]