Institute of Economic Affairs debunks fears over 24-hour drinking: Licensing Act did not result in catastrophe November 24, 2015 Relaxing liquor licensing laws has benefited consumers and caused little harm, the Institute of Economic Affairs (IEA) is arguing today. On the tenth anniversary of the Licensing Act and so-called 24-hour drinking, the free-market think tank has said that looser licensing laws “did not result in the catastrophic outcomes” predicted a decade ago. “The apocalypse [...]
London airport expansion: CBI president says UK can’t “pass the buck” to the next generation November 23, 2015 Britons can’t “pass the buck” to the next generation when it comes to building another runway, the president of Britain’s biggest business group has said. Speaking at the Airport Operators’ Association Conference earlier today, Confederation of British Industry (CBI) president Paul Drechsler said the “window of opportunity is closing fast” for more airport capacity. “Every [...]
Prime Minister David Cameron says he will make the case for UK military action in Syria November 23, 2015 Prime Minister David Cameron has confirmed that he will make the case for British air strikes in Syria. Speaking to MPs in the House of Commons this afternoon, Cameron said that he will make a separate statement on Thursday setting out how attacking the so-called Islamic State (IS) in Syria would help defeat the violent [...]
Uber and the Licensed Taxi Drivers Association to square off before MPs November 23, 2015 Top bosses from Uber and the Licensed Taxi Drivers Association are set to be questioned by MPs tomorrow morning. Both Uber's head of public policy in the UK Andrew Byrne and Licensed Taxi Drivers Association chairman Richard Massett will give evidence to the influential business, innovation and skills (BIS) committee as part of its inquiry into the digital economy. [...]
Argentina elections: Conservative candidate Mauricio Macri defeats rival Daniel Scioli to win Argentina elections November 23, 2015 Argentina's Conservative opposition candidate Mauricio Macri has won the country's elections, ousting ruling party rival Daniel Scioli with a small majority. Scioli conceded defeat when the votes showed Macri, the mayor of Buenos Aires, had secured 51.5 per cent of the votes to 48.5 per cent. Loud cheers erupted in Macri’s campaign headquarters earlier in the night, where his senior [...]
EU referendum: new CBI director general Carolyn Fairbairn puts pressure on Prime Minister David Cameron over in/out vote November 23, 2015 Britain’s biggest business group is urging Prime Minister David Cameron to accelerate plans for the European Union referendum, warning that investment is beginning to suffer at the hands of a protracted renegotiation. Carolyn Fairbairn, who took over as director general of the Confederation of British Industry (CBI) last week, has told City A.M. that uncertainty [...]
EU referendum: new CBI director general Carolyn Fairbairn puts pressure on Prime Minister David Cameron over in/out vote November 23, 2015 Britain’s biggest business group is urging Prime Minister David Cameron to accelerate plans for the European Union referendum, warning that investment is beginning to suffer at the hands of a protracted renegotiation. Carolyn Fairbairn, who took over as director general of the Confederation of British Industry (CBI) last week, has told City A.M. that uncertainty [...]
New CBI director-general Carolyn Fairbairn takes the reins at Britain’s biggest business group November 23, 2015 Speaking to City A.M. at the Confederation of British Industry (CBI) headquarters on Cannon Street last week, Carolyn Fairbairn said that she is “proud” to be the first female director general in the 50-year history of Britain’s biggest business group. “I think business is a great career for women,” she said. “If my being here [...]
Spending review 2015: Prime Minister David Cameron commits another £12bn to defence equipment November 23, 2015 Prime Minister David Cameron will commit to spending an additional £12bn on defence equipment over the next ten years when he reveals the government’s five-year national security strategy and strategic defence and security review today, saying that the world is “more dangerous and uncertain today” than when he first moved into Downing Street. “This is [...]
Autumn Statement 2015: George Osborne promises £3.4bn extra counter-terrorism spending in wake of Paris attacks but no police cuts commitment November 22, 2015 George Osborne has promised to spend £3.4bn extra on the country's counter-terrorism efforts over the next five years – a rise of 30 per cent – ahead of the Autumn Statement, as the government seeks support for military action to fight the rise of Islamic State (IS). Speaking on the BBC's Andrew Marr Show, the chancellor said: "When it comes to the spending review, [...]