Cabinet Office is making threats to silence pro-Brexit businesses ahead of June referendum, claims Vote Leave campaign director Dominic Cummings April 20, 2016 UK businesses are being prevented from coming out in support of a British exit from the European Union due to threats from Downing Street and the Cabinet Office, it was claimed today by Vote Leave’s campaign director Dominic Cummings. The allegations were made by Cummings during a three-hour grilling by the influential Treasury select committee, chaired by MP Andrew Tyrie. [...]
City of London Corporation warns Brexit threatens City’s international standing April 20, 2016 The City of London Corporation has sounded another warning over Brexit, this time regarding its impact on the City's role as an international financial centre. Speaking at a Brexit legal debate, Mark Boleat, policy chairman at the City of London Corporation, said UK-based financial institutions would lose access to the single market, while some would eventually consider relocating elsewhere in [...]
EU referendum: Remain support rises ahead of vote but many undecided, according to new poll April 20, 2016 British voters are starting to move towards Remain once again as the EU referendum nears, but there are many still undecided. A new poll has found that 38 per cent of Britons support the UK remaining in the EU, a three percentage point rise from the last poll. Meanwhile, support for Leave has dropped to [...]
EU referendum: This is how Europeans view the UK’s vote April 20, 2016 Across the United Kingdom, quite naturally, the EU referendum debate has focussed on what the vote means for, well, the UK. But whatever the outcome of the vote on the 23 June, there will be deep and lasting consequences for other EU member states too. So, it's only fair that they are entitled to their [...]
EU referendum: Shadow business secretary Angela Eagle says Gove’s vision is “utopian rubbish” April 20, 2016 Shadow business secretary Angela Eagle has roundly rejected justice secretary Michael Gove's vision of the UK out of the EU as "completely ridiculous utopian rubbish". Yesterday Gove gave a speech in which he said that UK would be able to make a free trade relationship with the EU without accepting free movement. But Eagle doesn't agree. "There [...]
EU referendum: 68 per cent of UK expats in Europe are worried about Brexit April 20, 2016 If the UK votes to leave the EU, there are likely to be a fair few uncertainties related to how the country proceeds in terms of its economy, foreign policy and diplomatic relations. But the prospect is also leading to anxiety for most British expats living in Europe. Over two thirds of British expats in Europe [...]
US Presidential Election 2016: Hillary Clinton and Donald Trump win big in New York primaries April 20, 2016 Donald Trump and Hillary Clinton have moved one step further towards a one-on-one battle for the White House after big wins in the New York primaries. Billionaire Trump looks set to win the state with just over 60 per cent of the vote. He was widely touted to win the state beforehand. "I have to [...]
Devolution could stimulate economic growth but government must do more, says National Audit Office April 20, 2016 Devolution to regions of England will offer opportunities to stimulate economic growth and reform public services, but the government must do more to provide confidence that deals will lead to their intended benefits, the National Audit Office (NAO) has said. The government has so far not set out a clear statement of what it is [...]
Mitie boss: Businesses must swap secrets to solve diversity deficit April 19, 2016 The boss of London-listed outsourcer Mitie has urged British businesses to swap their best practices for improving ethnic diversity in the workplace. Ruby McGregor-Smith, who became the first Asian female chief executive of a FTSE 250-listed firm when she took the reins at Mitie in 2007, is heading a government-commissioned review into this issue. Read more: We need more role [...]
MPs to be given power on picking future chief executives of the Financial Conduct Authority (FCA) April 19, 2016 MPs will be given the power to say yea or nay to the top role at the City watchdog, thanks to a legal amendment agreed on today. The proposed clause for the Bank of England and Financial Services Bill means that government will have to seek approval from parliament, particularly the Treasury Select Committee, for any future [...]