Warnings of ‘fire escape’ tax plans for wealthy Brits under Labour June 15, 2023 Wealthy Brits are preparing “fire escape” tax plans if Labour enter government, a tax advisor has claimed. David Lesperance, an international tax adviser, told the Telegraph he is acting as a “concierge” for well-off UK residents who want to protect their wealth after the next election. It comes after Labour leader Sir Keir Starmer promised [...]
Women ‘key’ to growth but are leading just 12 per cent of FTSE 250 firms June 13, 2023 Women are at the helm of just 47 FTSE 250 firms – just 12 per cent – despite holding “the key to economic growth”, Labour’s Anneliese Dodds has warned. The shadow women and equalities secretary told the Financial Times Women in Business summit that her party was “pro-business” and would “back women” in business from [...]
What we learned from Keir Starmer on AI, Boris Johnson and Nicola Sturgeon June 13, 2023 Keir Starmer hit the stage at London Tech Week this morning to mount Labour’s charm offensive on the great and good of London tech. Starmer’s address to the conference followed a major presence from top Tory figures yesterday, with talks from both Rishi Sunak and Jeremy Hunt. Speaking on the main stage in Westminster, the [...]
Shock result as Paul Scully MP fails to make Tory mayoral candidate shortlist June 11, 2023 Conservative MP Paul Scully has failed to make it onto his party’s shortlist in the race to take on Sadiq Khan for mayor of London. The upset saw the minister for London – widely thought of as the likely Tory favourite – snubbed in favour of assembly member Susan Hall, former No 10 advisor Daniel [...]
Cabinet minister claims politics has ‘moved on’ from Boris Johnson June 11, 2023 Politics has “moved on” from the drama of Boris Johnson, a senior cabinet minister has claimed amid a row over the former prime minister’s resignation as an MP and honours list. Energy secretary Grant Shapps told Sky News’s Sophy Ridge on Sunday that while former London mayor Johnson possessed “many qualities”, No 10 was under [...]
Labour would slash planning red tape in green energy bid June 11, 2023 Labour would slash planning regulations in a reported bid to boost Britain’s green energy construction of wind farms and nuclear plants.
‘Economic stability must come first’: Labour’s Reeves backtracks on £28bn green prosperity plan June 9, 2023 Labour has backtracked on its £28 billion green prosperity plan, saying “economic stability” must come first if it wins the next election. Shadow chancellor Rachel Reeves said the Opposition could not commit to spending figures until the financial situation it would inherit becomes clearer. The party had promised in 2021 to invest £28 billion a [...]
Microsoft rallies behind licensing regime for AI firms to ensure safety June 6, 2023 The president of Microsoft has called for a licensing regime for artificial intelligence firms, arguing that such a system would be needed to ensure AI models are used safely. “There is some category of models that is so powerful, so impactful, there will need to be certain regulations and laws – new regulations and laws [...]
Starmer hints Labour could link government contracts to how firms treat unions June 6, 2023 Keir Starmer has suggested that, under a Labour government, the awarding of state contracts could hinge on how companies treat trade unions that represent their staff. Speaking at the annual congress of trade union GMB in Brighton yesterday, Starmer said that Amazon should “recognise unions”, arguing that his party would beef up the power of [...]
Energy sector needs ‘plans not bans’, says GMB union chief June 5, 2023 Gary Smith, GMB general secretary, warned it would be a “huge mistake“ to put all the nation’s eggs in one energy basket.