Liam Fox is hiring almost 100 civil servants for his trade department November 21, 2016 Liam Fox is hunting for almost 100 new civil servants in a bid to secure the future of the UK outside of the European Union. Fox's Department for International Trade was created to boost ties between the UK and the rest of the world after Brexit, and has posted dozens of jobs within the [...]
Former Ukip leader Diane James quits the party just over a month after stepping down November 21, 2016 Former Ukip leader Diane James has reportedly quit the party just over a month after she stepped down from the helm of the party. James ran Ukip for just 18 days prior to resigning, with former leader Nigel Farage returning on an interim basis. And she has now followed her resignation by quitting the party [...]
Theresa May won’t rule out a transitional deal with the EU because she’s worried about a “cliff edge” November 21, 2016 Downing Street is refusing to rule out a transitional deal between the UK and the EU following Brexit, after Theresa May warned of a "cliff edge" on the day the UK leaves the EU. Speaking at the CBI annual conference today, May said talks with the EU "cannot be done quickly, or without give and [...]
Brace yourselves: Donald Trump could be coming to the UK next year November 21, 2016 Donald Trump could make a state visit to the UK as soon as next year, Downing Street has confirmed. Trump has already invited Prime Minister Theresa May to visit the US, and now officials have confirmed that plans are being drawn up for a reciprocal invite. A spokeswoman for Theresa May said today a formal [...]
May drops mandatory workers on boards plan, as she recruits private equity grandee Buffini for long-term capital review November 21, 2016 Theresa May has confirmed that the government will not force firms to put workers on boards, as she announced that former private equity grandee Sir Damon Buffini has been recruited to a review on barriers to long-term investment. Ministers have been hinting that plans to put workers on boards were being watered down, and today May told an audience that the [...]
Now Stephen Crabb has joined the backlash against the “triple lock” on state pensions November 21, 2016 Former work and pensions secretary Stephen Crabb has joined the growing calls for the government to drop its policy to uprate state pension payments. Under plans first introduced under the Tory Lib Dem coalition, the government currently links payments to average earnings, the consumer price index or 2.5 per cent, with payments increasing by whichever [...]
Theresa May vows UK will offer lowest corporation tax in the G20 November 21, 2016 Prime Minister Theresa May will today commit her government to charging the lowest rate of corporation tax in any of the world's 20 largest economies. The government has already promised to commit the charge from 20 per cent to 17 per cent by 2020, but will go further in her speech at the CBI later [...]
The UK’s high earners have seen some of the steepest tax increases over the last 20 years November 21, 2016 High earners in the UK have faced some of the world's steepest increases in income taxes over 20 years, according to new figures. Sums from accountancy firm UHY Hacker Young show the average rate paid by those earning more than $1m (£810,000) has climbed four per cent since 1996 to 43 per cent. By contrast, the [...]
Theresa May is preparing the ground for retreat over her landmark plans to get workers on boards November 21, 2016 Downing Street looks set to pull back on landmark plans to install workers on boards, with both Theresa May and her chancellor Philip Hammond seeming to downplay the reforms. Forcing firms to hand a seat to workers was one of the first proposals put forward by May following her rise to power over the summer. [...]
Tech-tastic: May pledges billions to support tech champions as she fleshes out industrial strategy November 21, 2016 Prime Minister Theresa May will reveal details of her government’s flagship industrial strategy at a conference of business leaders today, promising billions in extra funding and potential tax breaks for a range of sectors. While insisting her plan is “not about picking winners”, she will identify several technology-related areas in the UK that the government [...]
