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      Industry hits out at rumours as No 10 denies plan to abolish stamp duty and council tax

      Two women view property listings in an estate agents window, one takes a photo with her phone. Real estate, stamp duty.

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      If SailGP steers towards ultra-aspirational audience it will soar

      SailGP F50 catamaran Los Gallos sailing past a cheering crowd as red and blue smoke erupts.

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Politics

  • David Cameron warns voters not to abandon Tories ahead of 2015 general election

    November 17, 2014

    David Cameron has done an about-turn on the economy, Labour’s Ed Miliband said yesterday. The Prime Minister, Miliband continued, was getting his excuses in early about the state of the UK’s finances, having spent months shouting about the strength of Britain’s recovery.    About-turn or not, building on the “there is still more to do” [...]

  • Senior Tories call for Juncker investigation

    November 17, 2014

    EUROPEAN Commission President Jean-Claude Juncker should be investigated over claims he encouraged tax avoidance, say senior Conservatives. Juncker came under pressure at the G20 summit in Australia over allegations he encouraged companies to take advantage of Luxembourg’s low tax rates, while he was finance minister and later prime minister. Both Work and Pensions secretary Iain [...]

  • Labour leader: Stop Britain’s headlong rush for the Brexit

    November 10, 2014

    Writing exclusively for City A.M., opposition leader Ed Miliband argues the UK would suffer by leaving the EU WE live at a crucial time in Britain’s relationship with the European Union, one which will determine the future of our country for decades to come. In the past year, Nigel Farage, Ukip and a growing number [...]

  • EU budget 2014: How much has the UK been asked to pay compared to other member states?

    October 25, 2014

    David Cameron appeared as shocked as the rest of us by the news that the European Commission has charged the UK with a whopping €2.1bn (£1.7bn) bill. The EU Commission is demanding the UK make the extra contribution to the EU budget due to the relative health of the country’s economy in comparison to the [...]

  • EU referendum: Cameron considers threatening EU with Brexit

    August 25, 2014

    David Cameron is likely to issue an unveiled threat to EU powers by raising the prospect of a British exit. According to information obtained by The Times, the prime minister and his advisors are "actively considering" making a stand, although the timing is yet to be confirmed. The announcement would be aimed at strengthening Britain's bargaining position, [...]

  • Brexit could lose UK its UN Security Council seat, says Tory MEP

    June 20, 2014

    Britain's withdrawal from the European Union could cost the country its seat on the United Nations Security Council, according to the Conservative candidate for president of the European Parliament. The MEP for the North West of England and former Liberal Democrat, Sajjad Karim, explained that should Scotland vote against independence the EU referendum in 2017 [...]

  • City A.M. joins Chuka Umunna: a Brexit would be catastrophic for London firms

    May 19, 2014

    WALKING around Labour-stronghold Burnt Oak with shadow business secretary Chuka Umunna feels a bit like knowing a minor celebrity. Some people clasp his hand and snap selfies, others brush past uninterested. “I don’t want to be the shadow secretary, I want to be the real thing!” Umunna tells one couple who run a curtain shop [...]

  • Diplomat wins €100,000 prize for Brexit plot

    April 8, 2014

    THE UK could boost its GDP by £1.3bn if the country left the EU and negotiated a looser relationship with Brussels, according to the winner of a competition to design a “Brexit” plan. The Institute for Economic Affairs (IEA) announced a competition last year to plan a potential exit from the EU for the UK, [...]

  • Sarkozy proposes Google tax to help French artists

    January 7, 2010

    France could start taxing internet advertising revenue from online companies such as Google, using the funds to support creative industries that have been hit by the digital revolution. The proposal, put forward in a government-commissioned survey, is France’s latest challenge to Google and its online rivals. Google said that it does not believe an additional [...]

  • Mayor calls on business expertise

    December 8, 2008

    London mayor Boris Johnson has recruited the help of 47 top-flight business leaders to offer him guidance and advice, it was announced yesterday. The International Business Advisory Council for London has been set up and will be chaired by Sir Martin Sorrell, chief executive of advertising group WPP. The council will advise the mayor on [...]

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