Trade war looms as EU readies retaliation on bourbon and Levi jeans over US’ steel and alumnium tariff move March 5, 2018 Fears are growing of a looming global trade war as the European Union has warned of impending retaliatory measures, following Donald Trump's unilateral decision to impose tariffs on steel and aluminium imports. The US President last week moved to unilaterally impose levies of 25 per cent on steel products and 10 per cent on aluminium, [...]
Treasury Select Committee publishes full “disgraceful” report into RBS’ restructuring unit and “profit centre” GRG February 20, 2018 The Treasury Select Committee has published the FCA's unredacted report into Royal Bank of Scotland's restructuring unit GRG after MPs agreed to do so this afternoon. The full report, which is available here, appears to be the same as others that have been widely circulated having been leaked in recent weeks. It makes clear that [...]
Former minister Anna Soubry warns Brexit will split Tory party if Theresa May doesn’t stand up to arch Brexiteers February 6, 2018 Former business minister Anna Soubry has warned that Brexit could end up splitting the Conservative party, unless Theresa May "stands up" to a minority of hard-line Eurosceptics. The backbencher, who has long argued the UK should remain in the Single Market and customs union after Brexit, told the BBC last night the front bench was [...]
Momentum are coming for us like White Walkers, but we’ve got our Muhammad Ali: Tory MPs share their fears on the forthcoming elections February 6, 2018 With just under 90 days to go until local elections in the capital, Conservative Party HQ is going into overdrive to show it can fend off the multiple threats of Brexit tensions, a vulnerable leadership, the fallout from the Grenfell Tower tragedy and the rise of the Corbyn-supporting Momentum campaign group. The Tories face a [...]
Immigration white paper delayed until ‘the time is right’, says minister February 5, 2018 The government has been attacked for shelving its white paper on immigration, just weeks after it put off plans for similar work on financial services. Home Office minister Caroline Nokes today gave no clarification on when a paper would be published, saying only that it would be made public "in the coming months, when the [...]
Lord Hill: Government should prioritise growth over continuity with EU after Brexit – it cannot have both January 30, 2018 Former EU Commissioner Lord Hill has told the government it is "going to have to choose" whether it wants continuity or competitiveness after Brexit – and suggested it should plump for the latter. Hill, who was the commissioner for financial stability, financial services and capital markets union for two years until the referendum, told the [...]
Conservative activists “spitting bullets” over Theresa May’s leadership January 30, 2018 Grassroots Tory activists are "spitting bullets" about Theresa May's handling of the government, the latest faction of the party to rebel over her weak leadership. One MP said May was seen as "speaking from both sides of her mouth", adding that angered party members were starting to "put pressure" on MPs to challenge the Prime [...]
Theresa May clinging onto power as Tories liken party to Italian Job cliff edge scene January 25, 2018 Tory MPs have likened the party to the infamous cliff-edge scene at the end of The Italian Job, warning that if a leadership challenge is mounted against Theresa May it could leave the Conservatives in free-fall. Three former ministers spoken to by City A.M. said the Prime Minister would be able to keep clinging onto [...]
City of London steps up Brexit diplomacy as financial services white paper is shelved January 23, 2018 The City is seeking to take control of its post-Brexit future by ramping up engagement with EU member states, as it emerges that ministers have shelved plans for a financial services white paper. Meetings have been taking place with weekly envoys from the City of London Corporation and TheCityUK meeting ministers from across the continent. [...]
Carillion boss Philip Green has previously been found guilty of a breach of trust over pensions January 16, 2018 Carillion's former chairman Philip Green has been previously found in breach of trust by the Pensions Ombudsman. Green was one of three to be censured by the body back in 1994 over their handling of wallpaper and home furnishings group Coloroll. Coloroll chairman John Ashcroft was found to have abused his control of a company [...]
