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      The Magnificent 7 in 2025 – and the survival of the richest

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Politics

  • Will Boris Johnson tackle George Osborne next?

    October 18, 2015

    It looks like London mayor Boris Johnson is the voters' favourite to replace David Cameron as leader of the Conservative party. According to a new ComRes poll out this weekend, when asked whether Johnson or chancellor George Osborne would make a better prime minister, 39 per cent of respondents backed Johnson, compared to 33 per cent [...]

  • Xi Jinping: Britain has made “visionary” progress to strengthen ties with China

    October 18, 2015

    China’s president Xi Jinping has called the UK’s ambitions to become China’s best partner in the West a “visionary and strategic choice”, as his state visit to the UK draws near. The visit, which officially begins on Tuesday, will be Xi’s first time in the UK in over two decades. It’s been described by officials [...]

  • EU referendum: It’s the UK’s young people who will be most affected by a Brexit, and that’s why the vote should be extended to 16 and 17-year-olds

    October 16, 2015

    The government’s commitment to a referendum on our membership of the European Union has come to the fore again in the past fortnight with the launch of the “In” campaign supporting our continued membership, and a shoal of campaigns competing to leave “at any price”. For too long the debate has been one sided – portraits have continued [...]

  • Government to hold crisis summit on UK’s troubled steel industry following SSI Redcar closure

    October 16, 2015

    Government ministers are holding a crisis summit on the UK's troubled steel industry today, in the wake of high-profile mill closures that have led to thousands of job losses. Ministers, along with steel companies, unions and trade bodies, are meeting in Rotherham to discuss how the industry can counter overcapacity, cheap imports from China and the [...]

  • EU referendum: A Brexit vote could spark a Scottish independence rerun, warns Nicola Sturgeon

    October 15, 2015

    Scottish First Minister Nicola Sturgeon yesterday warned Prime Minister David Cameron that a Brexit could spark another indep­en­d­ence referendum north of the border. Speaking at the SNP conference in Aberdeen, Sturgeon said taking Scotland out of the EU will result in a surge of demand for yet another in/out vote. “If you try to take [...]

  • Osborne’s “rhetoric on tax credits is just empty words” due to lack of analysis – Helen Goodman

    October 15, 2015

    The government's controversial decision to cut tax credits has come under renewed fire after it emerged that its analysis of the distributional effects of measures in the July Budget, including changes to tax credits and the national living wage, has been largely absent. In July the Treasury select committee was surprised not to receive the distributional [...]

  • SNP conference 2015: Nicola Sturgeon says Brexit could lead to another independence referendum

    October 15, 2015

    Scottish first minister Nicola Sturgeon doubled down today on her warning to Prime Minister David Cameron that Britain leaving the European Union could spark another Scottish independence referendum.  Speaking at the SNP conference in Aberdeen, Sturgeon said taking Scotland out of the EU will result in a surge of demand for yet another in/out vote. "If [...]

  • EU referendum: Prime Minister David Cameron says he’ll spell out his demands in November

    October 15, 2015

    After months of speculation, Prime Minister David Cameron has finally set a date for spelling out his demands to the European Union – and it's only weeks away.  Cameron told reporters in Brussels today that the pace of renegotiation efforts between Britain and the EU would "quicken" and that he would set out "four vital areas where [...]

  • Deloitte: easy fixes among public sector workers could save Treasury £72m

    October 15, 2015

    Marginal improvements in productivity among public sector workers could deliver savings of £72m, according to a new report out today from Deloitte and the think tank Reform. The report finds that by freeing up just one hour of public sector workers’ time over the course of an entire year, the Treasury could gain £57.7m in [...]

  • Parliament votes to pass the fiscal charter as Labour MPs abstain and defy shadow chancellor John McDonnell

    October 14, 2015

    The government's fiscal charter has passed with 320 votes in favour and 258 votes against, a majority of 62. Some 21 Labour MPs defied shadow chancellor John McDonnell and leader Jeremy Corbyn by abstaining. On Monday McDonnell sparked outrage among Labour MPs when he announced his party would reject the government's fiscal charter less than one [...]

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