Reform think tank proposes radical cuts to disability budget by cutting benefits in half February 4, 2016 The government should radically overhaul the welfare system for sick and disabled people by slashing weekly benefits by nearly half, a top think tank has said. In a new report out today, the right-wing Reform research group said the existing employment and support allowance has "failed to encourage sick and disabled people to work". "The government will [...]
Reform think tank proposes radical cuts to disability budget by cutting benefits in half February 4, 2016 The government should radically overhaul the welfare system for sick and disabled people by slashing weekly benefits by nearly half, a top think tank has said. In a new report out today, the right-wing Reform research group said the existing employment and support allowance has "failed to encourage sick and disabled people to work". "The government will [...]
Taylor Wimpey chief executive Pete Redfern launches a major review into UK home ownership with Labour shadow minister John Healey February 4, 2016 Taylor Wimpey chief executive Pete Redfern will today launch a major review into British home ownership, at the request of Labour shadow housing minister John Healey. The new, independent review will be carried out by Redfern and a panel of expert advisers, including former Monetary Policy Committee (MPC) member Kate Barker and Andy Gray, former managing [...]
London mayoral election 2016: Labour candidate Sadiq Khan says he is embarrassed by Labour’s failures with British businesses February 4, 2016 Labour mayoral candidate Sadiq Khan has admitted he is embarrassed by his party's failure to win the backing of British businesses. "It's a huge embarrassment," Khan told City A.M. in an interview yesterday, pointing to an incident last year when former shadow chancellor Ed Balls was unable to name a single Labour supporter from the [...]
EU referendum: US President Barack Obama told Prime Minister David Cameron he supports the UK remaining in the EU February 3, 2016 Prime Minister David Cameron may have faced criticism from all sides in the House of Commons today over his efforts to reform Britain's relationship with the European Union, but at least he has the backing of one high-profile politician: US President Barack Obama. According to a White House statement last night, the Prime Minister updated [...]
EU referendum: Institute of Economic Affairs say staying in the EU would cost Britain at least £9,265 per household each year February 3, 2016 Remaining in the European Union could cost the United Kingdom at least 13 per cent of gross domestic product (GDP) each year, a leading free market think tank has claimed. In a new report out today by Cardiff Business School professor Patrick Minford, the Institute of Economic Affairs (IEA) said shifts in EU trade policy, [...]
New TNS poll shows voters more than three times as likely to be confident in David Cameron than Jeremy Corbyn February 2, 2016 Yet another poll out today shows that voters have more confidence in Prime Minister David Cameron's leadership than that of Labour leader Jeremy Corbyn. TNS polled more than 1,000 British adults, finding nearly one in three people think Cameron is the UK's "strongest party leader", with more than half saying he will still be Prime [...]
EU referendum: European Council President Donald Tusk says “challenging negotiations ahead” to secure final reform deal February 2, 2016 European Council President Donald Tusk has today published his long-awaited response to Prime Minister David Cameron's renegotiation efforts, tabling the EU's own proposals for a "new settlement" on the Britain's relationship with the European Union. To be, or not to be together, that is the question… My proposal for a new settlement for #UKinEU https://t.co/w4VSmnbahQ — [...]
UBS share price falls 8 per cent after Swiss bank reports disappointing fourth-quarter results February 2, 2016 Shares in UBS fell 8 per cent this morning after the Swiss banking giant reported that investors had pulled billions of dollars in assets out of its flagship wealth management business in the fourth quarter of last year. The Zurich-based bank said that while the group's overall profits had increased, beating analyst expectations, the wealth management business recorded a 27 percent fall in [...]
EU referendum: Boris Johnson slams Prime Minister David Cameron over EU red card February 2, 2016 Prime Minister David Cameron may be claiming victory on a key piece of his European Union reform agenda today, but mayor of London Boris Johnson seemed less than impressed when asked about Cameron's renegotiation efforts this morning. A draft agreement tabled by European Council President Donald Tusk this afternoon includes a new so-called red card for [...]
