EU referendum: Electoral Commission says it will announce the results of the in/out vote in Manchester December 10, 2015 Prime Minister David Cameron may not have set a date for the EU referendum yet, but this morning it was revealed where the result of the in/out vote will be announced. The final result will be declared in Manchester, the Electoral Commission and Manchester City Council announced this morning. In a statement, the Electoral Commission [...]
Former business secretary Vince Cable considering joining the board of Hampshire Community Bank after Alistair Darling goes to Morgan Stanley and Gordon Brown hired by Pimco December 9, 2015 Former business secretary Vince Cable could become the latest ex-minister to join the board of a lending institution. Cable, a Liberal Democrat who lost his Twickenham seat in the General Election earlier his year, told City A.M. he is considering becoming a director at Hampshire Community Bank, but has yet to join. However he also said [...]
EU-wide cap on credit and debit card fees could save businesses money – but customers miss out thanks to slashed rewards programmes December 9, 2015 A new EU-wide cap on credit and debit card fees intended to save consumers cash may have unforseen consequences, experts have warned. The cap on how much credit and debit card companies can charge retailers, which went into effect today, limits fees on credit card payments to 0.30 per cent of the transaction value. Fees [...]
PMQs today: Labour backbenchers laugh as shadow business secretary Angela Eagle asks chancellor George Osborne, “How’s it all going?” December 9, 2015 Angela Eagle pulled no punches in her first appearance in place of Labour leader Jeremy Corbyn at Prime Minister's Questions (PMQs) today. The shadow business secretary, who also holds the title of shadow first secretary of state, took a swipe at the government's renegotiation efforts with Europe when she stood in for Corbyn. "How's it all [...]
EU referendum: MPs reject House of Lords proposals for 16 and 17-year-olds to cast ballots in the in/out vote December 8, 2015 MPs voted today against lowering the voting age for the referendum on Britain’s relationship with the European Union, blocking a move by the House of Lords that was expected to bolster the campaign to stay in the EU. In a 303-253 vote, MPs rejected peers’ proposal to include 16- and 17-year-olds in the in/out vote. [...]
London mayoral election 2016: Sadiq Khan campaign hits back at claims from Zac Goldsmith that Tooting MP has “divisive and radical politics’ December 7, 2015 The race to replace Boris Johnson as mayor of London heated up today as Labour hopeful Sadiq Khan hit back at criticisms from his Conservative rival, Zac Goldsmith. A member of Khan’s team accused Goldsmith of a “coded racist attack” after the MP for Richmond Park circulated a leaflet accusing Khan of “divisive and radical politics”. [...]
EU referendum: European Council President Donald Tusk says Prime Minister David Cameron has made “good progress” with renegotiation December 7, 2015 Prime Minister David Cameron has made "good progress" in his renegotiation efforts with the European Union, but there is there is "presently no consensus" on Cameron's controversial proposals to curb welfare for EU migrants, European Council President Donald Tusk said today. In a new letter sent to members of the European Council – the heads of state or government [...]
National Australia Bank (NAB) reveals new details about Clydesdale Bank IPO set for February of next year December 7, 2015 National Australia Bank (NAB) has today unveiled new details about its planned spinoff of Clydesdale Bank, saying that the demerger and initial public offering (IPO) of the British business is set to go ahead next February. NAB intends to sell 25 per cent of Clydesdale to new investors in the IPO, while giving the remaining 75 [...]
Free-market think tank Institute of Economic Affairs slams NHS satisfaction, patient outcomes and funding structure December 4, 2015 A leading think tank is attacking the National Health Service (NHS) with a new paper arguing the service is failing current and future patients. Kristian Niemietz, head of health and welfare at the Institute of Economic Affairs (IEA), said the NHS is a “demographic timebomb” with an unsustainable funding structure that leads to poor health [...]
