EU referendum: British households save £200 per year thanks to EU free trade agreements – new London School of Economics (LSE) study March 31, 2016 British households save £200 per year thanks to European Union free trade agreements, according to a new report out today from the London School of Economics. The study from the LSE’s Centre for Economic Performance says British families will benefit from more savings from planned EU trade agreements with the US and Japan, worth an [...]
Nanny state? Institute of Economic Affairs (IEA) says taxes on wine, beer, cigarettes and sugar make Britain among the most meddling countries in the EU March 31, 2016 Excessive regulation and so-called "sin taxes" make Britain among the most meddling countries in the European Union, according to a new report out today from the Institute of Economic Affairs (IEA). The free market think tank published its annual "Nanny State Index" league table with the European Policy Information Centre, putting Britain in the number [...]
As the fate of Tata Steel’s UK operations hangs in the balance, is the writing on the wall for the British steel industry? March 30, 2016 The fate of Port Talbot steelworks and thousands of jobs lies in the hands of the government today with investors showing little appetite for buying the UK operations of Tata Steel outright. Prime Minister David Cameron will chair an emergency meeting of key ministers as Number 10 pledges to “ensure a sustainable future” for the troubled [...]
UK steel crisis: Prime Minister David Cameron rejects Labour leader Jeremy Corbyn’s call for MPs to hold an emergency debate over Tata Steel March 30, 2016 UPDATE: Downing Street has rejected Labour leader Jeremy Corbyn's appeal for MPs to return to London from their Easter holidays to debate the future of the British steel industry. A Number 10 spokesman said this afternoon: "Ministers will continue to hold briefings to update representatives of other parties on the situation but we have no plans [...]
Oh, GoD: Former cabinet secretary Lord Gus O’Donnell doubts UK could negotiate Brexit within two-year time limit March 30, 2016 The UK would struggle to negotiate its exit from the European Union within the two-year time limit, according to a former cabinet secretary. A Brexit win in June's referendum would lead to a "very complex process", Lord Gus O'Donnell (known to his mates as "God") has said. And he described the prospect of winning support from all [...]
London mayoral election 2016: Zac Goldsmith and Sadiq Khan square off over Transport for London (TfL) fares and services March 30, 2016 Conservative mayoral candidate Zac Goldsmith and his Labour rival Sadiq Khan will square off today over their plans for public transport in the capital, with Goldsmith vowing to protect investment in Transport for London (TfL) and Khan accusing the Richmond Park MP of planning to raise TfL fares by 17 per cent. Goldsmith is set to [...]
EU referendum: Bank of America bans its staff from saying ‘Brexit’ March 29, 2016 Bank of America has reportedly instructed its senior staff to avoid using the word Brexit in conversations with clients. The US bank also told employees not to provide opinions or influence voters, and "not to assume a particular result and not to engage in campaigning", according to the Financial Times. The group has also reportedly [...]
Lifetime ISAs confusion: MPs re-open inquiry into pensions auto-enrolment after compatibility concerns raised over Lisa March 29, 2016 A government contribution of £1 for every £4 put aside for their first house or their retirement must have sounded somehow too simple to many young savers but, as some auto-enrolment experts have pointed out, that's because it might just be. The Work and Pensions Committee has today announced that it is re-opening its inquiry into [...]
EU referendum: Everyone on Twitter is laughing at education secretary Nicky Morgan’s speech on Brexit March 29, 2016 Education secretary Nicky Morgan gave a speech today that was presumably intended to rally young people around the government's Remain campaign in the run up to the EU referendum – but the reaction suggests her points fell a little wide of the mark. Morgan warned that the nation's young would be the most affected by a possible Brexit, but some [...]
Half of company boards have yet to consider Brexit risks to business new research reveals March 29, 2016 Company boards are not prepared for the risks that a British exit from the European Union could bring, The Governance Institute and The Core Partnership (ICSA) has warned. According to a poll conducted by the professional governance body, 47 per cent of boards have not considered the result of the referendum on the UK’s membership of [...]