The UK’s accountants are calling on Philip Hammond to commit to infrastructure investment at next month’s Autumn Statement October 18, 2016 The UK's accountants are pressing Philip Hammond to follow plans for a new £3bn homebuilding fund with further public investment in his Autumn Statement next month. Hammond announced the scheme to back smaller developers alongside communities secretary Sajid Javid at the Conservative Party conference. Read More: British businesses issue their Autumn Statement demands And now, [...]
We may not get an official decision on airport expansion until 2018 October 18, 2016 Theresa May won't hold the final vote on airport expansion until 2017/18 to allow for public debate, she has confirmed. The delay, confirmed in a letter from May to her cabinet colleagues which was seen by City A.M. today, will give cabinet ministers including Boris Johnson and Justine Greening the chance to air their grievances with the choice if Heathrow [...]
Boris Johnson will be allowed to protest if the government opts to expand Heathrow next week October 18, 2016 Foreign secretary Boris Johnson would be allowed to speak out against any plans to expand Heathrow under highly unusual plans revealed by Downing Street today. Theresa May's office said earlier today that a verdict on whether to expand either Gatwick or Heathrow airports would be reached on Tuesday next week. However, while there will be [...]
Total lockdown: NatWest freezes Russian TV station’s accounts October 18, 2016 The UK is facing a new round of tit-for-tat reprisals from Russia following a shock move by NatWest to freeze the bank accounts of Kremlin-funded news channel RT. British journalists could be among those targeted by the Kremlin in the aftermath of the decision to close UK accounts being used by the broadcaster, previously called Russia Today. RT revealed [...]
Self-employed workers taking home less today than 20 years ago, think tank figures show October 18, 2016 Self-employed workers are taking home less today than 20 years ago, according to new figures from the Resolution Foundation. The think tank found that while the UK's self employed workforce has grown dramatically, average earnings remain below levels recorded in 1994/5. Average weekly take home has recovered after falling by a quarter in the wake of [...]
Theresa May-backed Women’s Business Council says more needed to unlock contribution of female workers to the economy October 17, 2016 A high-profile government advisory group has hailed progress on roles for women in business, but says there is still more to do. Theresa May established the Women Business Council while home secretary, and four years after its creation WBC chair Cilla Snowball has warned that despite significant victories, more progress must be made. Household names [...]
Downing Street has offered a vote of confidence to embattled chancellor Philip Hammond October 17, 2016 Philip Hammond has been backed by the Prime Minister amid reports suggesting a growing rift between the chancellor and other members of cabinet. Hammond has previously expressed coded concerns over a so-called “Hard Brexit”, which would see the UK resort to World Trade Organisation rules and face tariffs on trade with both European and Non-European [...]
Half of London businesses say it’s time to look again at the Green Belt for housing October 17, 2016 Almost half of London's business leaders say the government must re-evaluate the use of Green Belt land for housing. In a new survey commissioned by the London Chamber of Commerce and Industry, 47 per cent of the city's business decision makers said poor quality Green Belt land could be used to foster new development. The [...]
The British Chambers of Commerce has revealed its Autumn Statement wish list October 17, 2016 British businesses are calling on chancellor Philip Hammond to unveil a raft of pro-entreprise policies in the Autumn Statement next month. Hammond will make his debut at a fiscal event on 23 November, and has already mooted using the event as a “reset” of the UK's fiscal policy, moving the government away from the stance of [...]
Construction begins on the £200m research vessel that the public tried to name Boaty McBoatface October 17, 2016 Construction will today be launched on a new state-of-the-art research ship that members of the public attempted to brand “Boaty McBoatface”. Work on the £200m ship, now named RRS Sir David Attenborough, will be launched by the famed naturalist himself, who will initiate the lifting of the first 100 tonne hull unit in Birkenhead later today. [...]
