US Presidential Election: Carly Fiorina suspends campaign for Republican candidacy in 2016 White House race after poor showing in New Hampshire primary February 10, 2016 Carly Fiorina has suspended her campaign for the Republican Presidential nomination ahead of this year's US Presidential Election. Fiorina was previously chief executive of Hewlett-Packard, and in 2009-2010 ran as a Republican candidate for the California Senate but was defeated by Democrat Barbara Boxer. She was also a senior adviser to Republican Party Presidential candidate John McCain in the 2008 race. "While I [...]
Google UK tax row: Here’s what you need to know ahead of tomorrow’s Public Accounts Committee hearing on corporate tax deals February 10, 2016 At 10am tomorrow, representatives from Google and HM Revenue & Customs (HMRC) will face the unenviable task of talking tax deals with the Public Accounts Committee (PAC). Before it kicks off, here's our quick guide of what you need to know: HMRC I understand, but why are Google being brought in on this? The PAC undoubtedly [...]
UK exit from the EU would damage our insurance market, says Lloyd’s of London February 10, 2016 A Brexit would damage London’s £30bn insurance market, Lloyd’s of London has claimed. Sean McGovern, chief risk officer and general counsel at Lloyd’s, said today that “exiting the EU will create a level of uncertainty, for Lloyd’s, for the London market, as well as the UK and European economies, we have rarely experienced”. London’s insurance [...]
PMQs today: Prime Minister David Cameron forced to defend government’s record on housing February 10, 2016 Prime Minister David Cameron came under the cosh on housing from Labour leader Jeremy Corbyn, forcing Cameron to defend the government's plans to help people buy and own property in the UK. Corbyn said that Cameron's record is one of failure on housing, asking what the Prime Minister was doing to help people who suffer unrealistic house prices and [...]
US Presidential Election 2016: Bookies slash odds on Donald Trump to become next President after winning New Hampshire primary February 10, 2016 Outspoken Republican Presidential candidate Donald Trump is now more likely to enter the White House after winning the New Hampshire Primary, according to bookmakers. Previously at 6/1 to become the next US President, a Trump victory is now being offered at 7/2 by Betway after it emerged he was likely to get more than twice the [...]
EU referendum: EU reform won’t stop migrants coming to the UK, says former European Commission President Jose Manuel Barroso February 10, 2016 Migrants bound for the United Kingdom will not be put off by restricting benefits, former European Commission President Jose Manuel Barroso has said. Plans for an "emergency break" on in-work benefits for migrants are a creative compromise, but will not help reduce migration, he told BBC Newsnight. Barroso's comments come after Prime Minister David Cameron [...]
Liberalising the UK’s migration policy could yield significant benefits for migrants and lead to a “brain gain” in developing countries February 10, 2016 Britain’s immigration debate rarely discusses how migrants themselves are affected by coming to work here. We argue passionately over whether immigration has cost the average worker twenty pounds, or benefited her by forty pounds. But these sums are trivial compared to the benefits of migration to the migrants themselves, and to their home countries. A [...]
US presidential election 2016: Donald Trump and Bernie Sanders win New Hampshire primary February 10, 2016 Republican Donald Trump and Democrat Bernie Sanders both took home decisive victories in the New Hampshire primary. Sanders, the socialist senator from Vermont, looks set to beat Democrat rival Hillary Clinton by the widest margin in New Hampshire primary history. Sanders said this showed voters want “real change”. Meanwhile, Trump, the controversial mogul gunning for [...]
EU referendum: 30 more Conservative, Labour and Liberal Democrat MPs back the pro-EU Stronger In campaign February 10, 2016 The pro-EU Britain Stronger In Europe campaign today revealed the names of 30 more current and former Conservative, Labour and Liberal Democrat MPs and peers who have have agreed to support their campaign. They include: Conservatives Richard Benyon MP Neil Carmichael MP James Cartlidge MP Flick Drummond MP Dominic Grieve MP Kevin Hollinrake MP Ben Howlett MP former [...]
UK house prices: Why Help to Buy, Starter Homes and other government initiatives won’t boost housebuilding in the UK February 9, 2016 There's nothing like a target to focus the mind. Last year, the newly elected Conservative government set themselves several in an attempt to tackle the housing crisis and get more new homes built over the course of this parliament. The numbers are ambitious. The government says it wants a million new homes built in England [...]