Tories put City at centre of EU talks: George Osborne vows to take on damaging and misguided regulations September 6, 2015 The government will put the City’s interests at the forefront of its bid to renegotiate Britain’s relationship with the European Union, chancellor George Osborne said today. Writing exclusively for City A.M., the chancellor warns that red tape from Brussels poses a major danger to London’s status as a global financial hub. While Osborne [...]
David Cameron braces for defeat on EU referendum bill September 6, 2015 Prime Minister David Cameron stands to be dealt a bruising defeat today if a cross-party coalition of Labour, the SNP and Conservative rebels vote down the government’s proposed changes to the EU referendum bill. Last week, Downing Street indicated that Cameron would U-turn on his initial refusal to impose a period of “purdah” ahead of [...]
Greek debt crisis: Alexis Tsipras seeks to claw back support for Syriza September 6, 2015 Former Greek prime minister Alexis Tsipras sought to claw back support for his Syriza party today, as the polls show a tie with main rival New Democracy ahead of an increasingly high stakes snap election on September 20. In a campaign speech in the northern town of Thessaloniki, Tsipras sought to defend the former government's record regarding negotiations over a €86bn [...]
Greek debt crisis: Tsipras tries to calm fears over Syriza defeat September 6, 2015 Former Greek prime minister Alexis Tsipras has tried to temper mounting fears about the outcome of the widely watched snap election on September 20. In recent days, opinion polls have shown that no party is on course to win enough support to form a majority government. Leftist Syriza and its main rival the conservative New Democracy are currently neck-and-neck. [...]
EU migrant crisis: This is how the chancellor plans to pay for thousands of incoming refugees September 6, 2015 George Osborne plans to pay for thousands of incoming refugees by dipping into the UK's £12bn international aid budget. In an interview on the BBC's Andrew Marr show today, the chancellor said he would use some of this money to help local councils house the refugees: The foreign aid budget can provide the [...]
Chancellor George Osborne’s bank tax comes under attack from Labour and SNP September 6, 2015 Small challenger banks and building societies will receive a boost if Labour and the SNP are successful in their attempt to amend Osborne's new bank tax. In his budget this year, the chancellor announced plans to replace the increasingly unpopular bank levy with an eight per cent surcharge on profits for banks of all [...]
EU referendum: More Britons are now in favour of leaving the EU than remaining in it, and the “no” camp is set to grow even further if the migrant crisis worsens September 6, 2015 The EU “no” camp is gaining strength among British voters, a new Survation poll reveals. If a referendum on membership took place today, 43 per cent of Britons would opt to leave the bloc, while 40 per cent would choose to stay and 17 per cent are undecided about how they would vote. The results are [...]
EU migrant crisis: Labour leadership candidates Andy Burnham and Jeremy Corbyn say they will share their homes with Syrian refugees September 5, 2015 Following the example of the Finnish Prime Minister, Labour leadership hopefuls Andy Burnham and Jeremy Corbyn have said they will share their homes with Syrian refugees. Read more: Londoners organise a march on Downing Street to urge government to welcome refugees Speaking to Channel 4 News, both candidates said they would emulate efforts made by [...]
EU migrant crisis: Egyptian billionaire Naguib Sawiris wants to buy an island to house Syrian refugees September 5, 2015 David Cameron may be struggling to come up with a solution to the escalating refugee crisis, but one billionaire has an idea that he thinks might just work. Egyptian telecoms tycoon Naguib Sawiris has offered to buy an island – from “Greece or Italy”, make it independent and let Syrian refugees make it their [...]
EU referendum: Ukip leader Nigel Farage is going on an anti-EU tour of the UK, including Leeds, Essex and London September 4, 2015 Nigel Farage – regarded by some as rockstar-esque for taking on the establishment, and others as something of a comedian – is attempting to consolidate his image by going on tour. https://twitter.com/Nigel_Farage/status/639742568268480512 The “Say No to the EU referendum tour”, which will put forward arguments as to why British people should vote to leave the [...]