John McDonnell at the Labour Party Conference 2015: Here’s what businesses think September 28, 2015 Newly-appointed John McDonnell made his conference debut as shadow chancellor today – and despite promises of a "stultifyingly boring" speech, it actually turned out to be pretty punchy, with attacks on big business and buy-to-let landlords, as well as a hint that the Bank of England's mandate might be up for discussion. But what did business [...]
John McDonnell at the Labour Party Conference 2015: Balance the budget by going after Google, Starbucks, Amazon and Vodafone September 28, 2015 The newly-appointed shadow chancellor of the exchequer John McDonnell used his first major conference speech today as Jeremy Corbyn's right-hand man to attack the government's austerity plan and go after big companies like Starbucks, Google, Amazon and Vodafone. Calling the Conservatives the party of the "one per cent", McDonnell said austerity was "not an [...]
Shadow business secretary Angela Eagle: Trade union bill is “an attack on basic freedoms” September 28, 2015 Labour’s shadow business secretary Angela Eagle has attacked the trade union bill, calling it “divisive and partisan” in her speech at the Labour Party conference. Speaking at the party’s conference in Brighton, Eagle denounced the government’s planned bill, which will rewrite strike legislation: It is an attack on basic freedoms. It has no place in [...]
EU refugee crisis: Angela Merkel’s popularity drops over Germany’s generous refugee policy September 28, 2015 Angela Merkel’s popularity figures are tumbling over her generous response to the refugee crisis, as anti-refugee sentiment mounts in Germany. Two polls published today show the German Chancellor’s popularity dropping sharply, over accusations that her handling of the crisis has brought a greater number of refugees to Germany than the country is able to handle. [...]
Manchester to become trade union bill battle ground as thousands of protesters plan march against government September 28, 2015 The UK's biggest trade unions are planning to target the Conservatives' party conference with a major rally and march throughout Manchester next Sunday. Coaches are being organised to take anti-austerity protesters from various points around parts of England and Wales to the centre of Manchester on 4 October. The march is expected to take place between [...]
Activist Apple investor Carl Icahn to endorse Donald Trump September 28, 2015 Carl Icahn may have called it when it came to Apple stock, but can he do the same when it comes to the Republican Presidential nomination? In a video due to be published tomorrow, the activist investor is expected to come out in favour of controversial candidate Donald Trump. To be fair, this won't be [...]
Lord Turner fires Corbyn-omics warning: Risks of Jeremy Corbyn’s People’s Quantitative Easing are huge September 28, 2015 City grandee Lord Turner has warned that the political risks associated with Jeremy Corbyn’s proposed “People’s Quantitative Easing” are huge. “The technical case for treating overt money finance as an available tool – if and when the conditions makes such stimulus appropriate – is incontrovertible,” Turner said in an interview published today. “But the political [...]
Obama to meet Cuba’s Castro at UN in New York September 27, 2015 President Barack Obama is scheduled tomorrow to meet his Cuban counterpart Raul Castro on the sidelines of the United Nations General Assembly in New York, a White House official said yesterday. The official was speaking aboard Obama’s plane, Air Force One, as he flew from Washington to New York. It will be the second meeting [...]
Thomas Piketty and Joseph Stiglitz signed up to Labour’s economic advisory panel by John McDonnell September 27, 2015 The so-called rock star economist Thomas Piketty and Nobel prize-winner Joseph Stiglitz are among the top economists recruited to a new Labour group designed to put some weight behind the party's economic policies. Labour shadow chancellor John McDonnell has named a six-strong group of economists, known for their anti-austerity leaning, to a new panel which [...]
France launches air strikes against Islamic State in Syria September 27, 2015 France has launched air strikes against Islamic State in Syria, the French government announced on Sunday morning. It's the first time France has launched strikes against the terrorist group in Syria, extending the range of previous military action in neighbouring Iraq. "Our country thus confirms its resolute commitment to fight against the terrorist threat represented [...]