There will be no 5 May EU referendum vote as Cameron offers concession to Eurosceptics June 16, 2015 In the fight over the EU referendum, the Eurosceptics have won a point. The date for the ballot will not now be 5 May 2016, after ministers tabled an amendment to the referendum bill on Monday evening. The amendment comes before David Cameron embarks on a series of one-to-one meetings with EU leaders this week. [...]
David Cameron courts EU leaders amid Commons row over referendum June 15, 2015 Prime Minister David Cameron will hit the road again this week for more one-on-one meetings with European leaders, while MPs in the House of Commons gear up for more divisive debate over the EU referendum bill. Cameron is due to visit Italy, Luxembourg, Slovakia and Slovenia later this week, as well as welcome the president of [...]
European Central Bank president Mario Draghi tells European Parliament ball lies “squarely” in Greece’s court June 15, 2015 European Central Bank chief Mario Draghi said today that the ball lies in Greece's court, during a testimony before the European Parliament's Economic and Monetary Affairs Committee, after talks stalled last night. "While all actors will now need to go the extra mile, the ball lies squarely in the camp of the Greek government to take [...]
Bank of England governor Mark Carney’s earned £880k last year June 15, 2015 Bank of England governor Mark Carney earned £879,773 last year, the Bank of England reported today. That figure is half again as much as the £586,010 he earned in 2013/14; however, it also represents the first time he has taken his full pay after he took on the role in July 2013. Meanwhile, Andrew Bailey, [...]
S&P: Greek non-payment to ECB “wouldn’t mean default” June 15, 2015 If Greece fails to repay €6.7bn (£4.8bn) worth of bonds held by the European Central Bank (ECB) at the end of July, this will not constitute a default, at least under criteria from credit ratings agency Standard & Poor's (S&P). Read more: With no deal on the cards, would the Eurozone be able to contain contagion from Greek [...]
Labour leadership contest: Jeremy Corbyn makes it onto Labour leader ballot in 11th-hour victory: Who are the MPs that endorsed him? June 15, 2015 Jeremy Corbyn has made it onto the ballot for Labour's leadership contest with less than an hour to go before the deadline. It was confirmed that the Islington MP, who is seen as more left-wing than many of his competitors, received the required 35 nominations just moments before the midday closing point. It [...]
Magna Carta 2015: David Cameron uses the Great Charter to back his pledge for British Bill of Rights June 15, 2015 David Cameron might be famous for forgetting what Magna Carta means in English, but that's not stopping him getting in on today's 800th anniversary celebrations to make his pledge for a British Bill of Rights. The Prime Minister, who suffered an embarrassing interview with David Letterman in 2012, has today pledged (again) to scrapping [...]
Boris Johnson calls for scientist Tim Hunt to be reinstated, claiming it’s a scientific fact that women cry more than men June 15, 2015 Boris Johnson has called for Tim Hunt, the scientist who resigned from his senior academic positions after making provocative comments about women at a conference last week, to be given his jobs back. The London Mayor claims it is a “fact” that women cry more than men, and Hunt should therefore not be punished for [...]
Magna Carta 2015: Queen, Duke of Edinburgh, Prince William and David Cameron to commemorate 800th anniversary of seal June 15, 2015 The Queen will retrace the footsteps of her Plantagenet predecessor today, visiting Runnymede as part of a series of events to mark the 800th anniversary of the signing of Magna Carta. The Duke of Edinburgh, the Duke of Cambridge, Princess Anne and her husband Vice Admiral Sir Tim Laurence will join Prime Minister David [...]
Budget 2015: Institute of Chartered Accountants says George Osborne should simplify taxes June 15, 2015 The Institute of Chartered Accountants in England and Wales (ICAEW) is calling upon chancellor of the exchequer George Osborne to simplify the tax code in his forthcoming summer Budget. With the Conservative Budget just three weeks away, the ICAEW said today that the government’s previously-announced plans to cut red tape and reduce costs to British [...]