Ed Miliband tells Labour to accept Brexit verdict and rally around Corbyn September 25, 2016 Former Labour leader Ed Miliband has warned his party against rejecting June's Brexit vote. Addressing the Labour fringe for the first time in more than seven years, Miliband said it was "nonsense" for a political party to seek to represent the 48 per cent of voters who backed EU membership. "Of course we have got [...]
Tata and unions take steelworkers pensions talks to Labour conference September 25, 2016 Talks over a rescue plan for British steelworkers are set to move to Merseyside this week as both Tata and unions seek an end to a deadlock over pensions. Both Tata and union leaders are attending the Labour party conference in Liverpool, with talks continuing as the Indian steel giant seeks to make sure its [...]
All but five EU members have more jobs linked to UK trade than vice versa September 23, 2016 All but five EU countries have more jobs dependent on British trade than vice versa, according to new figures. An analysis into the jobs market of the Eurozone has found that 22 of the 27 have more individual jobs at stake than the UK ahead of the activation of Article 50. What's more, every single [...]
Boris Johnson says the UK could complete Brexit talks inside of two years September 22, 2016 Foreign secretary Boris Johnson has suggested the UK could leave the European Union faster than anticipated. Speaking to Sky News, Johnson said Theresa May would be ready to trigger formal mechanisms to leave the EU early next year. But Johnson also said the UK would not necessarily use the entirety of the two-year window to negotiate [...]
A dramatic new plan has emerged to save British steelworkers’ pensions almost exactly three months after the end of a government consultation September 22, 2016 A radical new plan has emerged to save the British Steel Pension Scheme (BSPS), as Tata and unions officials work to remove obstacles to a potential sale of UK steelworks including Port Talbot. India's Tata has been locked in talks with Germany's Thyssenkrupp over a potential joint venture since July, but UK sites including the [...]
Theresa May has axed an advisory panel of some of Britain’s top bosses September 22, 2016 Theresa May has axed an advisory panel established by her predecessor to generate feedback from some of the UK's top bosses. May has scrapped the Business Advisory Group launched by David Cameron in July 2015. The news – first revealed by Sky News – comes just over a year after Cameron launched the group in the [...]
Sadiq Khan has recruited Margaret Hodge to lead a new Garden Bridge procurement probe, but London Assembly members are questioning the plan September 22, 2016 London mayor Sadiq Khan has recruited the former chair of parliament's public spending watchdog to lead an inquiry into the Garden Bridge project. Margaret Hodge will review whether taxpayers have got value for money from the £185m footbridge, which is being being supported by £60m of public money from Westminster and Transport for London. Among [...]
Watch: Award-winning Kes director Ken Loach made a documentary about Jeremy Corbyn September 21, 2016 Labour leader Jeremy Corbyn has premiered a new documentary made about his leadership campaign by award-winning director Ken Loach. Loach is a long time Corbyn supporter, having joined the Labour leader on anti-austerity protests, and he is among the speakers expected at separate conference being run by the Corbyn-backing Momentum campaign alongside the official Labour event next week. But he is also [...]
Passporting for financial hubs works both ways, watchdog numbers show September 20, 2016 Thousands of UK financial firms are currently facing uncertainty over access to the Single Market, but figures out today have underscored that passporting is a two-way street. Of the 13,484 firms using passporting which were accounted for in a letter from new Financial Conduct Authority chief executive Andrew Bailey to the Treasury Select Committee, 8,008 are using inbound passports, [...]
Tony Blair is to close his business consultancy so he can spend (most of) his time doing pro-bono work September 20, 2016 Tony Blair has revealed that he will close down his business consultancy operation to do mostly pro-bono work. Blair announced today that 80 per cent of his time will be spent on free work following the closure of the operation. “Substantial reserves” built up by Tony Blair Associates will also be handed to not-for-profit operations, [...]