There’s still more to come from UK banks’ connections to the Panama Papers, says the financial watchdog April 26, 2016 The Financial Conduct Authority (FCA) is still looking into the link between UK banks and the so-called Panama Papers tax avoidance leaks. The financial watchdog has written to around 20 banks and other financial institutions asking about their connection to Panamanian law firm Mossack Fonseca. The FCA gave firms a deadline of 15 April to undertake an initial review but there's still a [...]
EU referendum: Election strategist Lynton Crosby warns over Remain complacency as latest poll shows increase in Brexit support April 26, 2016 Sir Lynton Crosby has cautioned Remain supporters against "complacency" ahead of the EU referendum. The election strategist made his warning after an ORB poll, out this morning, showed a slight increase in support for a so-called Brexit during President Barack Obama's visit. But while 51 per cent of those polled said they supported remaining in the [...]
EU referendum: Countrywide has issued a warning over “political and economic uncertainty” caused by Brexit April 26, 2016 Countrywide has warned that the housing market will slow this quarter, in the wake of "political and economic uncertainty" ahead of the country going to polls to vote on the EU referendum. The firm, which this morning revealed a surge in activity during the first three months of the year ahead of the government's stamp duty [...]
EU referendum: Influential government committee calls on civil servant to answer questions on his award-winning Brexit essay April 25, 2016 An influential committee of MPs has called upon an official at the department for business to answer questions on the EU following the publication of his award winning essay on Brexit. The group of MPs on the Treasury Select Committee want to see the civil servant, Iain Mansfield, who wrote the essay on how Britain [...]
David Cameron still viewed as the most capable leader but Jeremy Corbyn seen as more honest April 25, 2016 Despite the Panama papers furore and the government's controversial £9m taxpayer-funded pro-EU leaflet, Britons still view David Cameron as the most capable leader. According to a new poll published by Ipsos Mori, Cameron is ahead on a variety of measures against Jeremy Corbyn, Nigel Farage and Tim Farron. Read more: Panama papers – Public don't think David [...]
EU referendum: Another union joins the Remain camp April 25, 2016 The CWU union has today become the latest union to back the UK's continued membership of the EU in a blow to the Leave camp. The union "overwhelmingly" voted to support remaining in the EU at its annual conference. The news comes after Unison officially backed Remain ahead of the referendum earlier this month, following [...]
EU referendum: Cabinet ministers and top Conservatives clash over immigration and security April 25, 2016 Cabinet ministers today knocked heads over key issues of immigration and security ahead of the EU referendum in June. Home secretary Theresa May said that the UK needs to "stand tall and lead in Europe" rather than leaving the EU, the home secretary has said. In her first speech ahead of the referendum in June, May said that [...]
Iain Duncan Smith just defended Boris Johnson’s attack on ‘part-kenyan’ Barack Obama April 25, 2016 Iain Duncan Smith has defended Boris Johnson’s use of the term “part-Kenyan” to describe Barack Obama and said the government told the President to issue his warning that Britain would not be able to strike a UK-US trade deal if it votes for Brexit. The former work and pensions secretary, who resigned in protest at [...]
London mayoral election 2016: Labour grandee Lord Peter Mandelson urges business not to allow Zac Goldsmith to use City Hall to push the UK out of the EU April 25, 2016 The City and London’s wider business community has been urged by a Labour grandee not to allow Tory mayoral candidate Zac Goldsmith to “use City Hall as a vanguard for the Brexit campaign”. In his first intervention in the mayoral election, Lord Peter Mandelson exclusively told City A.M. that he wants to call on the business [...]
EU referendum: British businesses press “pause button” on hiring professional talent amid Brexit concerns April 25, 2016 Demand for professional talent has slowed with recruitment firms now having just one per cent more vacancies on their books than this time last year. According to research by the Association of Professional Staffing Companies (APSCo), permanent vacancies across financial services and marketing have increased 10 per cent and 12 per cent respectively while IT and [...]