Chilcot report release date set: Iraq inquiry’s two million word report will be published in June or July 2016 October 29, 2015 Sir John Chilcot has finally set a date for the publication of his long-awaited inquiry into the UK's role in the Iraq War. The report will be published in June or July of next year, according to a letter Chilcot sent to Prime Minister David Cameron. The letter was published on the Chilcot inquiry's website this morning. Chilcot [...]
Citizens Advice: Debt among young adults is soaring October 29, 2015 Young adults are having more money problems than ever before, according to a new report out today from Citizens Advice. The charity says that the number of people between the ages of 17 and 24 asking for advice on debt issues has risen by more than 20 per cent in the last year – and their average [...]
New Institute for Economic Affairs poll: most people don’t think politicians make decisions based on what’s best for the country October 29, 2015 New polling figures out today reveal just how disaffected the British public is with government. More than three-quarters of British people say they feel they have not very much influence, or no influence at all, on the national government’s decision-making, according to a new ComRes poll for the Institute of Economic Affairs (IEA), a free [...]
CBI/AECOM poll: infrastructure is a top concern for businesses trying to invest October 29, 2015 Nearly two-thirds of British businesses want the government to speed up delivery of promised infrastructure projects, according to a new poll out today from the Confederation of British Industry (CBI) and AECOM, the infrastructure services firm. Almost all – 94 per cent – of the firms surveyed said that the quality of infrastructure was a [...]
Santander UK non-exec Michael Amato jumps ship to join start-up digital bank Tandem October 28, 2015 A new start-up digital bank has poached high-profile directors from two of Britain's largest lenders. Michael Amato, a non-executive director of Santander UK and former Williams & Glyn John Maltby are set to join the board of Tandem, a new digital financial services company that has yet to receive regulatory approval but is nevertheless aiming for an official [...]
House of Lords reform: 90 per cent of people say it needs a complete overhaul after tax credits vote October 28, 2015 Just ten per cent of British voters say the House of Lords should "remain as it is" following peers' votes on Monday night to delay the implementation of tax credit cuts. According to a new poll conducted by BMG Research for the Electoral Reform Society, a campaign group, nearly half (48 per cent) of people think the Lords should be an [...]
Chuka Umunna and Vince Cable call for an end to “all-white” FTSE 100 boards October 28, 2015 Former shadow business secretary Chuka Umunna and former business secretary Vince Cable are calling on the government to set a target to eliminate "all-white" boards at Britain's blue-chip companies. Umunna and Cable said today that ethnic diversity among directors has "gone into reverse" and the government should step in. “Today, there are just four non-white CEOs [...]
Barclays confirms Jes Staley as new chief executive October 28, 2015 Barclays has confirmed Jes Staley as its new group chief executive. The bank said this morning that Staley will take up his new job on 1 December. Barclays chairman John McFarlane said: “Barclays is an incredibly important, broad and complex business. Appointing an individual with the business scope, seasoning and track record is a difficult challenge. "In [...]
British Chambers of Commerce says chancellor George Osborne needs to make major structural changes October 28, 2015 A leading business group is calling on chancellor George Osborne to make major structural changes in next month’s spending review. In a submission published today, the British Chambers of Commerce (BCC) said that the British economy “remains in need of care and encouragement” and that the group’s members want Osborne to prioritise fixing the business [...]
Steel crisis 2015: UK business secretary Sajid Javid wants emergency EU steel summit October 28, 2015 Business secretary Sajid Javid is calling for an emergency European Union meeting over the steel crisis. Javid, who is set to meet with EU commissioners in Brussels today, said “severe pressures” on the European steel sector require “urgent action”. “I want to see steel top of the EU agenda,” Javid said. “We cannot stand by [...]
