Tom Watson’s call to ban private exit polls shows that even Labour’s moderates are too far to the left June 1, 2016 Such is the state of Labour's front bench these days that deputy leader Tom Watson is considered markedly centrist, a throwback to an era when the top positions were not occupied by unreformed Marxists. But last night Watson reminded us that even the party's so-called moderates have an instinct for blunt, authoritarian interventionism, and policies [...]
Liam Fox and Remain campaigners clash over Brexit’s impact on housing June 1, 2016 Campaigners on both sides of the EU referendum debate are set to clash today over the impact of Brexit on the housing crisis. In a speech at Vote Leave's offices today, former defence secretary Liam Fox will blame immigration for high housing costs in the UK. Meanwhile, Britain Stronger in Europe will hit out at Fox, [...]
Tom Watson calls for ban on hedge funds commisioning private Brexit polls June 1, 2016 Deputy Labour leader Tom Watson has called for a ban on hedge funds to commission private exit polls for the EU referendum. Watson claimed that hedge funds "stand to gain millions" by knowing the outcome of the EU referendum through their private polls and called on Prime Minister David Cameron to ban them from approaching pollsters. Watson [...]
Brexit bustle: European business chiefs call for the UK to vote to stay in the EU ahead of referendum June 1, 2016 Business leaders from across Europe have called for UK citizens to vote to remain in the Union. BusinessEurope issued a statement from its annual summit today saying its members “firmly wish” to see the UK stay an “active and positive” EU member. “The UK has played a crucial role over the past forty years in [...]
Money Advice Service launches new £7m financial capability fund June 1, 2016 The Money Advice Service has launched a new £7m fund to support organisations trialling efforts to improve financial capability. The What Works Fund will support projects seeking to build quantifiable evidence on the type of interventions that can make a difference to individuals. It comes ahead of the close of a Treasury consultation next week [...]
EU referendum: Would a Brexit free the UK workplace from EU red tape? June 1, 2016 The Leave campaign has said that by 2020 it will impose visa requirements on all foreign workers seeking employment in the UK. The pre-24 June scenario of EU workers having “freedom of movement” (no visas, no additional costs of hiring) will no longer apply. An Australian-type points based system will be introduced. This means employers have to satisfy [...]
Tyrie writes to regulators over crowdfunding fears June 1, 2016 Treasury Committee chair Andrew Tyrie has raised fears of insufficient regulation around crowdfunding in letters to the chief executives of the Financial Conduct Authority and the Prudential Regulatory. In letters dated 1 June, Tyrie has asked the regulators to question whether they are paying enough attention to the risks associated with the growth of peer-to-peer [...]
Donald Trump is coming to visit the UK later this month – and his timing couldn’t be more awkward June 1, 2016 Donald Trump is to visit the UK this month as part of a trip marking the opening of his Scottish golf resort – with pretty awkward timing. Now the presumptive Republican nominee for the US presidency, Trump will visit on June 24 – one day after the EU referendum. City A.M. understands there no plans for [...]
MPs say government has more to do to prove case for £250m lorry park in Kent June 1, 2016 The government was right to seek a solution to the huge disruption caused by Operation Stack, but hasn't done enough to prove the viability of a £250m lorry park, a group of MPs has said. The Transport Select Committee said that the decision to set aside £250m to build a permanent lorry park near the [...]
Former SNP MP facing second police probe over claims of financial discrepancies June 1, 2016 Glasgow East MP Natalie McGarry is facing a second investigation into alleged financial discrepancies. McGarry withdrew from the SNP party whip after a police investigation was launched last November, linked to allegations for missing donations from Women for Independence, a campaign group she founded. And Police Scotland have today confirmed it had received a second [...]