‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Prime Minister under pressure over refugees as Europe’s migration crisis worsens September 4, 2015 Prime Minister David Cameron has said that the government will “do more” in response to Europe’s migration crisis, indicating that the UK could take thousands of refugees from Syria in the coming months. City A.M. understands that Downing Street officials are urgently looking at the current policies surrounding asylum-seekers, and that new plans could be [...]
US could sanction Chinese companies ahead of Xi Jinping’s visit September 3, 2015 The United States is set to sanction Chinese companies connected to cyber theft of US intellectual property. Read more: With China in turmoil, now is the time to celebrate our relationship with India The White House has developed a set of economic sanctions on Chinese companies which could possibly be unveiled before the Chinese President's [...]
EU refugee crisis: Boris Johnson says London should help as Mayor of Liverpool offers sanctuary to 100 Syrian refugees September 3, 2015 As scenes of refugees making their way from Syria across Europe become more harrowing, the Mayor of London has said the capital should face up to its "moral responsibilities". On the question of whether to take in Syrian refugees in particular, Boris Johnson said London should "take people fleeing persecution and those plainly in fear [...]
Refugee crisis: Where Syria’s four million refugees have fled – how does the UK’s refugee policy measure up? September 3, 2015 The horrifying image of Aylan Kurdi, the three-year-old child lying drowned on a Mediterranean beach, has jolted the world into higher gear over the growing refugee crisis. As grassroots movements across Europe are launching volunteer campaigns and petitioning politicians to accept more refugees, UK Prime Minister David Cameron is under growing pressure to do more, [...]
Northern regions agree in principle to an elected mayor to gain devolved powers September 3, 2015 Northern regions have accepted in principle the idea of having directly elected mayors in order to secure devolved powers, after months of reluctance on the parts of local councils. After the General Election, chancellor George Osborne committed to devolving powers over transport and health, as well as giving regions some fiscal autonomy if they were willing to [...]
Prime Minister David Cameron under pressure from own party including Baroness Sayeeda Warsi to accept more refugees September 3, 2015 Prime Minister David Cameron was facing the threat of another revolt today, after he came under fire from members of his own party to alter his stance on the growing refugee crisis. A number of MPs and Baroness Sayeeda Warsi have now publicly called on the UK to alter its position of restricting the number [...]
EU referendum: Government to make changes regarding “purdah” rules September 3, 2015 Prime Minister David Cameron is set to concede more changes to the EU referendum, this time focusing on “purdah” period rules – just a day after he bowed to pressure to change the wording of the EU referendum question. The Prime Minister has come under pressure from MPs to respect the official purdah rules. They argued [...]
China has unveiled its deadly ballistic missile at its Victory Day Parade September 3, 2015 Today, China unveiled its “carrier killer” at its Victory Day Parade – a powerful ballistic missile the world has been awaiting see for the last four years. Read more: $16,000: The amount it costs to get one person into the Chinese army Called the Dongfeng (East Wind) 21-D, the weapon is one of the [...]
Zac Goldsmith will stay a Tory in London mayoral race despite Heathrow airport expansion plans September 3, 2015 Zac Goldsmith yesterday confirmed that he will stay in the Conservative party and remain on the mayoral ballot if the government backs the expansion of Heathrow airport. Goldsmith, the MP for Richmond Park, is widely seen as the front-runner for the Conservative candidacy in a field that also includes London MEP Syed Kamall, deputy mayor [...]
Labour should have done more to cut the deficit, Burnham says September 2, 2015 Labour leadership hopeful Andy Burnham has admitted that Labour “should have done more to tackle [the] deficit in the middle of the last decade, so that we were better prepared when the crisis hit.” Writing in City A.M. today Burnham says: “Small though it was, we were still running a deficit at the peak [...]