Government cuts more red tape with invoice finance reform August 10, 2015 In its latest effort to cut red tape for small businesses, the government has vowed to lift restrictions on invoice finance. In a statement today, the business department said it will ban anti-invoice finance terms in contracts as soon as next year, helping more small businesses secure finance against money owed to them in invoices. [...]
Alastair Campbell says Jeremy Corbyn Labour leadership would be a “car crash” August 10, 2015 Former Labour spin doctor Alastair Campbell is urging voters to support “ABC” – Anyone But Corbyn – in the upcoming Labour leadership contest. Despite saying after the General Election that he did not want to get involved in the race to replace Ed Miliband, Campbell wrote on his blog today that he was intervening to warn [...]
Housebuilder shares rise as government launches £36m fund to build first-time buyer homes on brownfield sites August 10, 2015 Shares in the UK's largest housebuilders rose today after the government unveiled two funds collectively worth £36m aimed at building homes for first-time buyers on brownfield sites. Communities secretary Greg Clark said a £26m fund will be used to acquire brownfield sites to provide land for starter homes, while another, £10m, fund is aimed at [...]
Chancellor George Osborne faces backbench revolt over cuts to tax credits August 10, 2015 The government is set to face its first Conservative backbench revolt over the Budget, after MPs voiced concerns about plans to reduce tax credits by up to £1,000 a year. The Times reported the chancellor will face “real anger and frustration” around the changes, which mean 3m families will lose on average £1,000 a year, [...]
Immigration minister James Brokenshire pledges to crackdown on “rogue employers” August 10, 2015 Ministers are to ramp up their actions against illegal immigration by targeting “rogue employers” who give illegal migrants jobs. The government is going to focus on employers in three sectors of the economy: construction, care and cleaning, immigration minister James Brokenshire told The Times. Suspected employers will be raided by enforcement teams as the government attempts [...]
Greek debt crisis: Greece hopes to conclude bailout talks by Tuesday, ahead of next repayment to European Central Bank August 9, 2015 Greece’s government is hoping to conclude bailout talks with its creditors by Tuesday, giving the debt-ridden country time to pass the deal ahead of its next repayment to the European Central Bank (ECB). Details of a plan that would make up to 86bn euros (£60.9bn) available to Greece are being negotiated with the International Monetary [...]
Jeremy Corbyn considers Clause Four and Labour’s public ownership commitments August 9, 2015 Jeremy Corbyn, the frontrunner to become the next Labour leader, has indicated that he may bring back Clause Four, the party's commitment to public ownership scrapped by Tony Blair in the New Labour era two decades ago. “I think we should talk about what the objectives of the party are, whether that’s restoring Clause Four [...]
General Election 2015: Ukip is much more popular than its one parliamentary seat lets on August 7, 2015 It's been a terrible day for Ukip, after it managed to secure just one parliamentary seat in the General Election. Former Conservative MP Douglass Carswell, who held onto his seat in Calcton, was the party's only successful candidate. Even and Nigel Farage failed to beat the Conservative candidate in Thanet South. Yet if you [...]
Moody’s Analytics have made an election model that predicts Hilary Clinton will win the 2016 Presidential election August 6, 2015 While the 2016 Presidential Election will be a “nail-biter”, the contest will ultimately be won by the Democrats. Or so an election model made by Moody’s Analytics says. The model makes certain assumptions, namely that the economy will be near the top, or not at the top, of voters’ minds during the election. The model [...]
Andy Burnham still the favourite among Labour voters to lead the party August 5, 2015 An opinion poll indicates Andy Burnham is still the preferred choice amongst Labour voters to win the contest. Opinium’s first major poll for the leadership says that 39 per cent of Labour voters, rather than just party members, would vote for Burnham if they had a vote in the election. Next is Jeremy Corbyn trailing [...]