EU referendum: City of London Corporation boss calls Boris Johnson Brexit backing “unwelcome and unhelpful” April 5, 2016 The boss of the City of London has called the mayor of London's backing of Brexit "unwelcome and unhelpful". Speaking to Reuters, City of London Corporation boss Jeffrey Mountevans, Lord Mayor of the City of London, said Boris Johnson's position was "disappointing". "The City of London is the leading international financial centre in the world. It is the [...]
EU referendum: How MPs’ backgrounds show they will vote April 5, 2016 It's often said there are too many career politicians in parliament, those who don't fully understand the lives of those they represent. And as the public makes up their minds on the EU referendum, so to do those who sit in parliament. It is of interest, then, that just 16 per cent of MPs who [...]
Panama Papers: Jeremy Corbyn says it’s “time to get tough on tax havens” as he attacks government’s record on steel April 5, 2016 In the wake of the Panama papers leak Britain has a huge responsibility and it is time to get tough on tax havens, Jeremy Corbyn has said. As the Labour leader launches his party's English local election campaign, he will say that many of the tax havens are British overseas territories or crown dependencies which need to be clamped [...]
EU referendum: Remain campaign overtakes Leave but results show turnout will determine the result April 5, 2016 Remain has overtaken Leave in the EU referendum, but the outcome will depend on which side can garner better turnout amongst their supporters, according to a new poll. An OBR poll for the Telegraph found that 51 per cent of voters now support Remain, an increase of four per cent from last month. Meanwhile, Leave [...]
Panama Papers: HMRC gears up for Mossack Fonseca data leak fallout April 4, 2016 Global tax authorities are gearing up to deal with the fallout from a leak of more than 11m files from Panama-headquartered law firm Mossack Fonseca – as legal experts warn that any entity with business dealings in the Central American country could potentially find itself receiving a knock on the door from HM Revenue & Customs (HMRC). [...]
EU referendum: Airbus warns that Leave vote could lead to a fall in investment in UK April 4, 2016 Airbus has written to its UK employees to warn about the risks of leaving the EU, stating that Brexit could result in a cut to its investment in the UK. In a letter to its staff, Airbus said that it makes "good economic sense" to remain in the 28-member bloc, adding "we simply don't know what [...]
Glastonbury 2016: Labour leader Jeremy Corbyn to appear on main stage at music festival April 4, 2016 Music lovers trekking down to Glastonbury festival this year will get a surprise treat in the form of a speech by Jeremy Corbyn. The Labour leader could address more than 13,000 fans on the main stage on the final day of the festival, according to the Press Association. Of course, it's unlikely he'll have to pay [...]
EU referendum: HMRC is going to reveal EU migrant numbers before the vote April 4, 2016 The number of EU migrants working in the UK is to be announced before the referendum takes place, which is likely to show the level of immigration has been underestimated by current statistics. HMRC is to reveal data on how many national insurance numbers are in use by people from the European Economic Area. A [...]
Nigel Farage says he’s frustrated by Ukip policy-making as he doesn’t have power to make change himself April 2, 2016 Nigel Farage is frustrated that the UK Independence Party has not changed the way it makes policy. The leader of Ukip said that he wants to cut joining fees from £30 to £10, as well as let members vote online in order to determine policy. However, he doesn't have the power to make the changes alone, he [...]
EU referendum: Will leaving the European Union lead to more sovereignty for the UK? April 2, 2016 Prime Minister David Cameron lambasts claims by the pro-Leave campaign that leaving the EU will bring sovereignty back to the UK. He says that if Britain leaves the EU, you will end up with the "illusion of sovereignty, but not the power, you don’t have control and you can’t get things done". That stands in [...]