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 [...]
Shadow chancellor John McDonnell: Labour will back Osborne’s fiscal charter September 26, 2015 Labour’s shadow chancellor John McDonnell has said that the party will support Osborne’s fiscal charter, reports the Guardian. The policy was proposed to ensure “budget responsibility” and ahead of the Labour conference opening on Sunday, McDonnell has pledged that the party will vote in favour of it. However, the newly elected shadow chancellor insists that [...]
Here’s what happened today at Ukip’s party conference September 25, 2015 Conference season is well underway, and today the UK Independence Party's kicked off. Here's what happened: Katie Hopkins, the Daily Mail columnist, had this to say about the House of Lords: "The people I represent, the things I articulate to the nation, actually we don't give a shit about the House of Lords because we [...]
Emmanuel Macron: I want the UK to be part of the club says French economy minister September 25, 2015 French economy minister Emmanuel Macron told an audience in London yesterday that he wants Britain to remain in the European Union. However, he added that Prime Minister David Cameron will need to be more clear in his demands if he is going to achieve any real reform in the EU. “I want Britain to be [...]
BCC: Prime Minister’s renegotiations are key to winning business backing over EU September 25, 2015 Half of top businesspeople polled by the British Chambers of Commerce (BCC) said that Prime Minister David Cameron’s renegotiation efforts with the European Union will impact how they vote in the in/out referendum. The BCC asked 2,000 senior business leaders what they would do if the vote were held tomorrow, and found 63 per cent [...]
Financial Conduct Authority’s Martin Wheatley plays down fears of the UK leaving the EU September 24, 2015 The Financial Conduct Authority's chief executive Martin Wheatley has said that the short-term impact on the City of a dreaded "Brexit" would be minimal. Read more: There will be no 5 May EU referendum vote as Cameron offers concession to Eurosceptics Even if the UK leaves the EU, it's still likely to abide by the financial [...]
The public are less satisfied with Jeremy Corbyn than any other Labour leader at the time of taking the reins, according to poll September 24, 2015 We’ve heard a lot about Labour’s new leader, Jeremy Corbyn, in the last few months, but we now know how British people as a whole view him, thanks to a poll published today. According to an Ipsos Mori report, Corbyn is the first Labour leader to be awarded a negative net satisfaction rating in their [...]