By: James Nickerson

I am a reporter at City A.M. looking at the stories, people and data behind political events from the UK, Europe and further afield. I also write about infrastructure and transport, as well as broader issues around global business.

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Pressure mounting on Andrea Leadsom to publish tax return after reports company with family links used potential tax avoidance measures

July 5, 2016

Conservative leadership contender Andrea Leadsom has come under further pressure to publish her tax returns after reports that a company with family links used a potential tax avoidance mechanism. Gloucester Research Limited, owned by Leadsom's brother-in-law and run by her husband, had used an employee benefit trust (EBT) for four years, The Times first reported. Although they [...]
European Commission President Jean-Claude Juncker says Boris Johnson and Nigel Farage left “the boat” after Brexit vote

July 5, 2016

Brexit campaigners Boris Johnson and Nigel Farage are "sad heroes" who are guilty of "leaving the boat" instead of developing a plan after standing down in the wake of the Brexit vote, according to Jean-Claude Juncker. Farage yesterday resigned as leader of the UK Indepdence Party, while Boris Johnson ended up not running for the [...]
Former chancellor Ken Clarke says Conservative leadership contest has left governor of the Bank of England Mark Carney to deal with aftermath

July 5, 2016

A Tory grandee has warned that the nature of the race to replace David Cameron has left the governor of the Bank of England to deal with the fallout of the Brexit vote. Former chancellor Ken Clarke said that Mark Carney had been "left in charge of the shop" due to Cameron's decision to stand [...]
Deputy Labour leader Tom Watson set to meet unions to discuss Jeremy Corbyn’s leadership

July 5, 2016

Labour's deputy leader Tom Watson is set to meet with unions today in an attempt to pile on further pressure on Jeremy Corbyn to resign. Leader Jeremy Corbyn has come under increasing pressure to resign amid speculation that he ran a lacklustre EU referendum campaign and would not be able to win a general election, [...]
UK will be in EU in five years, says Austria’s finance minister

July 5, 2016

The United Kingdom will still be a member of the European Union in five years' time, Austria's finance minister has said. Hans Jörg Schelling told Handelsblatt, a Germany newspaper, that the UK may not even leave the EU after the referendum result, despite the Brexit vote. He added that the EU needs to learn from the result that [...]
Southern is going to cut 341 trains a day in a revised timetable

July 5, 2016

Southern Rail is to cut 341 trains a day as it revises its timetable to respond to prolonged cancellations and delays. The new schedule, which allows the cancellation of 15 per cent of trains, will start on Monday amid growing tension with RMT union, which has said the firm is in "crisis management". Southern Passenger Services [...]
Trident: Home secretary Theresa May wants a Commons vote before the summer recess

July 5, 2016

Home secretary Theresa May has said Trident should be renewed as soon as possible, calling for a parliamentary vote before the summer recess. May, the Tory leadership favourite, said that it is necessary to renew the submarines to confront an insecure world, pointing particularly to the risk posed by Russia, as well as North Korea. The [...]
Conservative leadership contest: Nicky Morgan backs Michael Gove while Theresa May leads as voting gets underway

July 5, 2016

The pledges are rolling in as the Conservative leadership contest gets underway. Education secretary has come out backing Michael Gove today, the day after Boris Johnson backed Andrea Leadsom and foreign secretary Philip Hammond backed Theresa May. Overall, May remains the frontrunner, with more declared pledges from MPs that the other four candidates put together, [...]
Persimmon says it’s too early to judge what the effect of the EU referendum on housebuilding will be

July 5, 2016

Ahead of its half year results, Persimmon said that trading through the first half of the year has been strong, but drew attention to uncertainty relating to the EU referendum. The figures Persimmon said that its legal completion volumes were increased by six per cent to 7,238 new homes for the six months to the 30 June. The [...]
Former Labour leader Ed Miliband calls for rent-to-own industry to be better regulated

July 4, 2016

Following an investigation, former Labour leader Ed Miliband has called on the rent-to-own industry to be better regulated. Having investigated some rent-to-own companies in his constituency of Doncaster, Miliband said "my constituents have told me they can end up paying three times as much, if they miss a payment or are late the costs spiral or worse, [...]

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By: James Nickerson

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