Hinkley Point C nuclear power station: EU gives EDF and China’s CGN okay for £18bn project March 11, 2016 The European Union's competition authority has given French utility giant EDF and Chinese nuclear firm CGN regulatory approval to build the controversial Hinkley Point C project. Hinkley is being financed by the two companies and will cost around £18bn. However, there's rising concern over whether EDF's already stretched balance sheet will be able to absorb this. "The [...]
EU referendum: Former British Chambers of Commerce (BCC) director general John Longworth reportedly joining eurosceptic Vote Leave campaign March 10, 2016 Former British Chambers of Commerce (BCC) boss John Longworth is reportedly joining Vote Leave, less than one week after his controversial resignation from one of Britain's biggest business groups. Sky News reported this afternoon that Longworth attended a Vote Leave campaign meeting today and agreed to take on a formal role with the eurosceptic group. [...]
EU referendum: Prime Minister David Cameron admits the EU needs more reform as he makes positive case for EU after criticism over “project fear” March 10, 2016 Prime Minister David Cameron has admitted that the European Union needs more reform as he laid out the benefits of the UK staying in the EU, after claims the pro-Remain campaign had resorted to project fear. The Prime Minister said: "I'm the first to say there needs to be further reform of the EU. My renegotiation isn't end [...]
Labour MP Dan Jarvis sets out vision for Labour as speculation of leadership mounts March 10, 2016 Backbench Labour MP Dan Jarvis, who is speculated to be a potential challenger to Jeremy Corbyn, has laid out his vision for the British economy today. The speech has been touted as start of Jarvis' bid for the Labour leadership. Giving a speech at the think tank Demos, the former paratrooper argued that New Labour failed [...]
Labour MP David Lammy has been fined £5,000 for instigating nuisance phone calls in mayoral bid March 10, 2016 Labour MP David Lammy has been fined for instigating over 35,000 nuisance phone calls in two days, in his bid to become Mayor of London. Lammy has been fined £5,000 by the Information Commission after instigating calls that urged people to back his bid for London mayor, before Sadiq Khan won Labour's nomination. The Information Commission is [...]
EU referendum: Iceland’s Prime Minister says the UK doesn’t have any power in the EU as it is dominated by Germany March 10, 2016 The United Kingdom has no real say over decisions made in the European Union, as it is increasingly dominated by German interests, Iceland's Prime Minister has said. Member states such as the UK, despite their size, are subject to "diminishing power" in the institutions of the European Union, Sigmundur Gunnlaugsson said. Gunnlaugsson warned that the [...]
Labour leader Jeremy Corbyn to lead demonstration against the Housing Bill March 10, 2016 Labour leader Jeremy Corbyn is to lead a demonstration in London on Sunday in opposition to the Housing Bill. The national demonstration, organised by Kill the Housing Bill campaign, will march on parliament, urging the government to impose rent controls and secure homes for all. Protesters are to meet at Lincoln's Inn Fields at midday and [...]
Mayors should vow that nobody working in their city will have have to commute for more than one hour – IPPR North March 10, 2016 Can the mayor control your commute? One leading think tank thinks so. The new mayors of some of Britain's biggest cities should vow that nobody working in their region will have to commute for more than one hour by bus, the Institute for Public Policy Research (IPPR) is arguing in a new report out today. [...]
London mayoral election 2016: Exclusive new poll figures show Zac Goldsmith is seen as being more pro-business than Sadiq Khan by a 26-point margin March 10, 2016 Conservative mayoral candidate Zac Goldsmith is seen by London firms as being more pro-business than his Labour rival Sadiq Khan by a 26-point margin, according to a new poll seen exclusively by City A.M. Nearly two-thirds of London businesses think Goldsmith is pro-business, while just under four in 10 say the same of Khan, according [...]
Sunday trading hours: Government defeated over plans to relax rules surrounding Sunday trading hours March 9, 2016 MPs dealt a major blow to Prime Minister David Cameron and chancellor George Osborne tonight by defeating government proposals to relax rules surrounding Sunday trading hours in England and Wales. In a rare House of Commons defeat for Cameron, MPs voted 317-286 to reject the government's plans. At least 20 Conservative MPs are understood to have rebelled. [...]