Now Boris Johnson has a fourth job after signing half a million pound book deal July 26, 2015 As if the prospect of working three jobs wasn’t enough, Boris Johnson has only gone and landed himself a fourth. The Mayor of London, MP for Uxbridge and Telegraph columnist can add a fourth string to his increasingly crowded bow, after signing a book deal. Busy Boris will pen a new biography of Shakespeare for [...]
EU Referendum: David Cameron “pencils in June 2016” for Brexit vote as George Osborne heads to Paris July 26, 2015 A referendum on Britain's membership of the European Union could be held within the next year, with June 2016 pencilled in for the vote, the Independent on Sunday reports. David Cameron has promised a vote before the end of 2017 and has embarked on a whistlestop tour of Europe since winning the election. meeting leaders to [...]
Obama’s Brexit intervention is not in Britain’s interests: It benefits an America suffering from an increasingly hostile Europe July 24, 2015 Voters! Hold-up! Stop worrying about that pesky decision about what our future relationship with the EU should look like. You don’t need to worry about exercising your democratic right in the UK, the President of the United States wants the UK to stay in the EU come what may. Phew, glad that’s settled. Ok. [...]
Tidjane Thiam points Credit Suisse to private banking as profits jump July 23, 2015 Credit Suisse’s new chief executive Tidjane Thiam said yesterday that the bank would place greater emphasis on private banking and wealth management after it comfortably beat market expectations in the second quarter. “We want to rebalance towards private banking and wealth management… as opposed to the investment bank,” Thiam told CNBC. Switzerland’s second biggest bank [...]
Shadow business secretary Chuka Umunna calls for federal UK with an English parliament during speech in Washington D.C. July 23, 2015 A federal Britain with a separate English parliament is the best way to hold the union together, says Chuka Umunna, the shadow business secretary. In a speech in Washington DC, he argued the best way to hold the union together is to give parts of it more autonomy, especially in light of the surge for support [...]
Bosses who put on a brave face: Martin Wheatley grimaces through FCA annual meeting July 22, 2015 “The AGM is my favourite time of year” – said no one ever, least of all outgoing Financial Conduct Authority (FCA) chief Martin Wheatley yesterday, who had to sit through the FCA’s annual meeting with a face like a smacked bottom. Wheatley, who has been booted out of the job by George Osborne, now joins [...]
Barack Obama and White House in final stages of drafting plan to close Guantanamo prison July 22, 2015 A White House spokesperson has confirmed that US president Barack Obama is in the "final stages" of drafting a plan to close the prison at Guantanamo, Reuters has reported. The military prison has been a source of controversy since it opened in 2002, with Amnesty International calling it the “Gulag of our times” after reports [...]
FCA boss Martin Wheatley: Disappointed to be leaving with “unfinished business” July 22, 2015 Martin Wheatley, the FCA's chief executive who has been unceremoniously ousted by chancellor George Osborne has spoken of his upset at leaving while there is still “unfinished business”. Wheatley made his first public statement at the Financial Conduct Authority's annual public meeting this morning, just days after his shock departure was revealed on Friday. [...]
Tony Blair warns the Labour Party of moving left after Jeremy Corbyn leads in poll July 22, 2015 Tony Blair’s opinions still count in the Labour Party, and he’s turned his gaze towards the future prospects of the party under the leadership Jeremy Corbyn, after he said Labour has “rediscovered losing.” His comments came after a YouGov poll for The Times found in the final round of voting, Corbyn would garner 53 per [...]
Government spending review: How George Osborne’s 40 per cent cuts would shrink each department July 22, 2015 George Osborne’s spending review will have struck fear into many a government department. The chancellor has committed to cutting £20bn from the public purse and, as well as kicking off a major land-grab of from public property in an attempt to address Britain's housing supply crisis, he's tasked each department to come up with projections for [...]