Independent Catalonia would have to leave Eurozone says central bank September 21, 2015 An independent Catalonia would face almost certain ejection from the Eurozone, and the collapse of its banking system, the head of the Spanish central bank warned today. "The exit from the euro is automatic, the exit from the European Union is implied," Bank of Spain chief Luis Maria Linde said during an event in Madrid [...]
New polls show voters don’t think Jeremy Corbyn is cut out to be Prime Minister September 21, 2015 The honeymoon is over. Just one week after being elected leader of the Labour party, Jeremy Corbyn has been hit with a series of new public opinion polls showing that the wider electorate is rejecting the Islington North MP and his far-left policies. Corbyn decidedly won the Labour leadership contest with 59.5 per cent of the first-preference votes. But [...]
Tom Watson: Leaving Labour for Liberal Democrats is “like quitting Beatles for Bananarama tribute band” September 21, 2015 Leaving Labour for the Liberal Democrats would be like "quitting the Beatles for a Bananarama tribute band", Tom Watson has said. Speaking on the Today Programme this morning Watson rubbished claims that a number of Labour MPs were unhappy with the new direction of the party under Jeremy Corbyn. He said: "I don't think anyone [...]
Brexit “ridiculous” says Hitachi boss Hiroaki Nakanishi – but admits it’s not a deal-breaker September 21, 2015 The idea of the UK leaving the European Union is "ridiculous", the boss of Japanese conglomerate Hitachi has said, urging the Prime Minister not to break with the trading bloc. Hiroaki Nakanishi, the chairman and chief executive of Hitachi, has discussed the thorny issue of Brexit with David Cameron and chancellor George Osborne, as well [...]
Jeremy Corbyn outlines “People’s Railway” rail renationalisation policy September 21, 2015 Jeremy Corbyn has revealed his first significant policy a week into his new job as leader of the Labour party – the creation of a "People's Railway". Corbyn has outlined plans to renationalise Britain's railways in a step by step, "line-by-line" process, he told the Independent on Sunday. “We know there is overwhelming support from [...]
Jeremy Corbyn to set out plans to renationalise the railways at Labour Party Conference 2015 September 21, 2015 Newly-elected Labour leader Jeremy Corbyn is expected to set out details of his plan to renationalise the railways at next week’s Labour party conference. Corbyn, who has previously said the railways should be renationalised along with Royal Mail and other entities previously owned by the government, is expected to reveal plans for bringing the [...]
Labour MPs could go against Corbyn and back Syria strikes September 21, 2015 The Labour party could back Prime Minister David Cameron’s proposals to launch airstrikes in Syria, despite staunch opposition from the party’s new leader, Jeremy Corbyn. Shadow foreign secretary Hilary Benn said yesterday that Labour would only make a decision on whether to support strikes after Cameron sets out his proposals. Benn told the BBC: “What [...]
Greek election September 2015: Tsipras’ Syriza party looks set to return to office after New Democracy concedes defeat September 20, 2015 Greek prime minister-elect Alexis Tsipras said he felt he'd been "vindicated" by the electorate, after his leftist Syriza party secured an unexpectedly strong election win. "In Europe today, Greece and the Greek people are synonymous with resistance and dignity, and this struggle will be continued together for another four years," he told a cheering crowd in Athens. [...]
Portugal’s election race overshadowed by political risk September 20, 2015 Portugal's election race is taking place amid mounting political risk, which could jeopardise the country's recovery from its debts crisis, as polls suggest that no party is on course to achieve a majority government. Prime Minister Pedro Passos Coelho has accused the main opposition Socialist leader, Antonio Costa, of "promising instability". Costa has vowed to [...]
US and China seek armistice for cyberspace September 20, 2015 The United States and China are in talks to agree a deal which will prevent them from conducting cyber attacks on each other's critical infrastructure during peacetime. The deal would protect power stations, banking systems, mobile networks and hospitals from crippling cyber attacks, however, it wouldn't extend to US government and commercial targets. The United States [...]