Business risks ‘Corbygeddon’ if it doesn’t learn to speak up May 15, 2019 The headline in the Sunday Times was stark: “Rich prepare to flee Corbyn’s Britain as Tories desert PM”. The country’s millionaires and billionaires were, according to the compilers of the paper’s annual rich list, preparing for “Corbygeddon” – the prospect of a hard-left Labour government making an irreparable dent in both their own finances and the [...]
MPs will vote again on Brexit next month – despite no deal between Tories and Labour May 14, 2019 Theresa May will attempt to force her Brexit deal through parliament for the fourth time of asking next month – despite not yet reaching an agreement with Labour. Downing Street has revealed May will put forward the legislation needed for the UK to leave the EU in the week commencing 3 June. The announcement came after May met [...]
Ex-Labour minster quits party with astonishing attack on the ‘Corbyn Cult’ May 14, 2019 A former Labour minister has quit the party with a savage attack on the “Corbyn Cult” she claims has taken over the leadership. Bridget Prentice, who served as a junior minister in the Ministry of Justice under Tony Blair, compared the Labour party to North Korea were “disloyalty to the leader is a criminal offence.” Prentice, [...]
Theresa May says it’s ‘imperative’ Brexit takes place by summer as she unveils compromises May 14, 2019 Theresa May has set out the Brexit compromises she will make to Labour amid a warning that signing up to customs union with the EU will split her party. Read more: Brexit: Still no progress in discussions between the Tories and Labour In a marathon meeting of the cabinet in Downing Street, the Prime Minister and her de [...]
MPs accuse government of using Brexit as an ‘excuse’ to avoid Russian sanctions May 14, 2019 More than 50 MPs have urged the government to stop using Brexit as an "excuse" not to impose sanctions against Russian figures accused of human rights violations. The head of the all party Russia group, Chris Bryant, has demanded action from foreign secretary Jeremy Hunt in the wake of the Novichok attack on Salisbury last year. Along with [...]
UK wages rise again as employment rate stays at record high says Office for National Statistics May 14, 2019 UK wages rose 3.2 per cent in the year to March, slightly down from a 3.5 per cent rise in the month before, data showed today as the unemployment rate hit an almost 45-year low. Read more: UK inflation rate holds steady sending Britons' real wages higher Average weekly earnings climbed 1.3 per cent year [...]
Could Capita’s move to put workers to boards fix capitalism’s crisis? May 14, 2019 Capitalism is being questioned in Britain more intensely than for decades. Some want to destroy it. Others believe that it is the only economic system which works, but want to reform it. I am in the latter camp. Part of the debate around Brexit has centred on preserving workers’ rights, enshrined in EU law. But rights [...]
Churchill knew that design was crucial to Britain’s global future – and so should we May 14, 2019 In 1944, when the UK was facing extremely uncertain times, Winston Churchill’s government founded the Council of Industrial Design. The plan was to invest heavily in design to ensure that we were making the best quality products that would allow us to win major industrial contracts in post-war Europe. It worked. Even after an election [...]
London pulls away from rest of UK in wealth, says first paper in major inequality study May 14, 2019 London has been far more economically productive than the rest of the country over the last two decades while earnings in the capital are much higher than elsewhere, a new study by the Institute for Fiscal Studies (IFS) has shown. Read more: Hammond has the cash to end austerity, IFS says The IFS has today [...]
Brexit talks: Still no progress in discussions between the Conservatives and Labour May 13, 2019 Brexit talks between the Conservative and Labour frontbenches ended in stalemate yet again on Monday despite frantic speculation a crunch vote was set for later this week. Tory MPs were told a three-line whip was in operation for Thursday – meaning an important vote was scheduled – before it was downgraded to a one-line whip. [...]