Jeremy Corbyn defends Labour’s tax and spend plan November 26, 2019 Jeremy Corbyn has defended his party’s fiscal policies, doubling down on the promise that only the richest in society will pay for a Labour government’s spending plans. Labour’s manifesto has promised £83bn extra spending a year by 2023/24, which it says would be paid for by tax increases on corporations and the top five per [...]
Jeremy Corbyn refuses to apologise to chief rabbi November 26, 2019 Jeremy Corbyn has refused to apologise to the British Jewish community for instances of antisemitism in the Labour Party. Corbyn was asked last night if he would like to say sorry to the Jewish community for the ongoing allegations of anti-Jewish racism from Labour members and MPs. Read more: General Election: Chief rabbi slams Labour [...]
Car industry faces ‘fight of our generation’ to avoid breakdown, says trade group boss November 26, 2019 Britain’s car industry is locked in the “fight of our generation” to preserve the once-thriving sector, according to one of the UK’s most senior automotive bosses. George Gillespie, the president of influential trade group the Society of Motor Manufacturers and Traders (SMMT), warned an annual gathering of industry chiefs that investment could dwindle to levels [...]
Extinction Rebellion launches plan for ‘Twelve Days of Crisis’ November 26, 2019 Extinction Rebellion is gearing up for seasonal disruptive action that it has dubbed “Twelve Days of Crisis”. The climate action group’s latest plan is set to start on November 30 with a “Paint the Streets” event, before the 12-day demonstration begins at the start of next month. The protesters are expected to target headquarters of [...]
Goldman Sachs takes bullish stance on the future of domestic UK stocks November 26, 2019 Global banking giant Goldman Sachs is advising its clients to snap up a stake in British firms, taking a bullish stance on the future of UK stocks. Buoyed by expectations of less Brexit uncertainty and blockbuster spending promises from both the major political parties, the US investment bank has recommended a long position on UK [...]
Rory Stewart rails against ‘unnecessarily high’ skyscrapers in the City of London November 26, 2019 Independent mayoral candidate Rory Stewart has voiced his opposition to building more “unnecessarily high” buildings in the City of London. Speaking after a London Chamber of Commerce event today, Stewart said the historical value of the square mile – which he labelled as “probably the most precious heritage site in our capital” – needed to [...]
Cranswick’s pork sales to China surge after swine flu outbreak November 26, 2019 Sausage-maker Cranswick said its pork exports to the far east surged by 95 per cent in the first half of the year due to the outbreak of African swine fever in China. The disease has led to large-scale pig culls in China and sent pork prices soaring, causing domestic buyers to look elsewhere. The boost [...]
Traditional Christmas dinners ‘to cost more this year’ November 26, 2019 Buying a traditional Christmas dinner could set consumers back more than usual this festive season as issues with supplies have caused prices to increase. High summer temperatures has reduced the number of turkey eggs ,while flooding and rain have affected the supply of vegetables including Christmas dinner staples potatoes and Brussels sprouts. Read more: The [...]
Bovis Homes faces shareholder backlash over executive pay November 26, 2019 Housebuilder Bovis Homes is facing investor backlash over executive pay proposals as it prepares to approve a £1.1bn takeover of Galliford Try’s residential development arm. A number of institutional investors are preparing to vote against Bovis Homes’ long-term incentive plan (LTIP) and remuneration policy at a shareholder meeting next week, Sky News reported. Read more: [...]
Longboat Energy IPO raises £10m in London debut November 26, 2019 Longboat Energy, a new North Sea oil company, today announced it had raised £10m in its initial public offering on London’s AIM. The company, which is led by the former leadership of Faroe Petroleum, priced the offering at 100p per share. Read more: China’s Sdic power to list in London for up to £640m Blue-chips [...]