Betting on a one-horse race for City Hall May 5, 2016 By the time the sun rises tomorrow morning London will have a new mayor, and all signs point to Labour’s Sadiq Khan being the man to take over from Boris Johnson. Such has been Khan’s polling dominance over Conservative rival Zac Goldsmith, the Tooting MP could have safely ordered curtains, carpets and desks for his [...]
Sadiq Khan: I will unite London and be the most pro-business mayor yet May 5, 2016 Millions of Londoners will have the opportunity today to vote for a new mayor. And when it comes to business and the financial sector, this election matters. London is an established global leader in business services and international finance. We are also a growing force in newer industries such as tech, low carbon and life [...]
London mayoral election: Freezing fares or cutting council tax? How Zac and Sadiq’s giveaways stack up May 4, 2016 Elections are rarely free from giveaways. Labour Mayoral hopeful Sadiq Khan’s flagship policy is to freeze Transport for London’s fares for four years. His main contender, Conservative candidate Zac Goldsmith, has made clear he would freeze the council tax collected by the Mayor. This is one of the few big policy differences between the two [...]
Market economy status for China could kill Britain’s steel industry May 4, 2016 The government has been accused of supporting a policy that would deal a final blow to the British steel industry, already thought to be in its death throes. Axel Eggert, director general of European steel association Eurofer, told City A.M. at the World Manufacturing Forum: "Market economy status for China would most likely be the [...]
Most migrants in the UK not affected by Prime Minister David Cameron’s proposed changes to the welfare system, according to the Migration Observatory May 4, 2016 A new report has called into question the effectiveness of Prime Minister David Cameron's argument that the "emergency break" would lead to a fall in net migration. A report by Oxford University's Migration Observatory has found that newly arrived migrants are less likely to be claiming welfare benefits, undermining Cameron's assertion that his EU reforms [...]
EU referendum: Brexit would mean higher inflation and more quantitative easing May 4, 2016 The Bank of England may have to extend its bond-buying quantitative easing programme if the UK votes to leave the European Union, an asset management firm has said today. Hermes Investment Management warned that Brexit would cause the pound to fall – potentially to around $1.20 – and growth would be hit, putting the Bank of England [...]
London mayoral election 2016: Nearly half of London’s transport users say candidates haven’t spent enough time on transport issues May 4, 2016 Nearly half of London's transport users don't think any of the mayoral candidates have spend enough time addressing the capital's transport issues, according to new research. Research from taxi app Hailo found that both Sadiq Khan and Zac Goldsmith should use the last day of campaigning to make clear their case for ensuring the future economic prosperity [...]
London mayoral election 2016: Zac Goldsmith and Sadiq Khan in last ditch appeal May 4, 2016 Tomorrow London will take to the polls to elect its next mayor, so it's only expected that candidates are making last ditch attempts to appeal to voters across the capital. Conservative Zac Goldsmith and Labour's Sadiq Khan have been hitting the campaign trail hard one last time. And in their bids to succeed Boris Johnson, they're trying to appeal to [...]
EU referendum: Poll indicates Remain has the lead with 50 days to go until the vote May 4, 2016 With just 50 days to go until the United Kingdom votes on its relationship with the European Union Remain continues to lead, according to a new poll. The latest polling by TNS shows that Remain has 39 per cent of support, while Leave has 36 per cent of support. Some 26 per cent are still [...]
EU referendum: House of Lords says vote to leave would lead to “difficult and lengthy negotiations” May 4, 2016 If the United Kingdom ends up voting to leave the European Union, the departure will follow years of difficult negotiations focussed primarily at how to validate the rights of the two million Britons living in the EU, a House of Lords report has warned. The Lords EU committee said that leaving the EU would necessitate [...]