Labour MP Jonathan Reynolds secures triumph in the all-important Westminster Dog of the Year contest September 8, 2016 You might think it has been a tough year for Labour MPs, but many will no doubt be relieved to find that one of their number has secured an outstanding triumph. Not Sadiq Khan, the Labour politician with the largest popular mandate in the country. But Greater Manchester MP Jonathan Reynolds, whose proud pooches – [...]
A Vauxhall MP has blasted the construction of the Garden Bridge in a late parliamentary debate September 7, 2016 Labour MP Kate Hoey has blasted plans for London's Garden Bridge, saying the project “cannot work” under current plans. Hoey, MP for Vauxhall, led an adjournment debate in parliament questioning the ability of the Garden Bridge Trust to raise investment. One of Sadiq Khan's first acts as London mayor was to reveal that it would [...]
Senior bankers are pushing the government to bring in transitional measures for Brexit, and warning of a “cliff edge” of disruption September 7, 2016 Britain's bankers are pushing for transitional arrangements to soften the impact of Brexit. Banks are currently adopting a “wait and see” approach on whether to remain in the UK, according to the chief executive of the British Bankers' Association, but Browne said that transition measures could soften uncertainty and the risks of a “cliff edge” of [...]
Streatham MP Chuka Umunna is the first to enter the race to succeed Keith Vaz as chair of one of parliament’s most powerful watchdogs September 7, 2016 Streatham MP Chuka Umunna is seeking to replace Keith Vaz as chairman of one of parliament's top watchdogs. Vaz stepped down as chair of the Home Affairs Select Committee yesterday after the Sunday Mirror reported the 59-year-old MP for Leicester East paid for the men to visit him at his flat in London just a [...]
Plans to sell the Land Registry have been shelved by ministers September 7, 2016 The government has dropped plans to sell the Land Registry, first mooted by former chancellor George Osborne. Osborne had hoped to raise as much as £5bn by 2020 from a programme of sales including the agency, which records ownership of land and property. The Treasury expected to sell the Land Registry for more than £1bn alone, [...]
A senior Labour Brexiteer says universities should be held responsible for numbers of foreign students returning home after graduation September 7, 2016 British universities should held responsible for the return of international students to their countries of origin after graduation, according to the Work and Pensions Committee chair. Foreign graduates should be able to stay for two years after completing their studies, with universities then told to make sure students return if they are unable to find work, Frank Field [...]
Theresa May has vowed silence on the government’s position on Single Market membership September 7, 2016 Prime Minister Theresa May has vowed silence on the UK's Brexit negotiations, despite pressure from MPs to clarify the government's stance on Single Market membership. Addressing the House of Commons today, May said she would not provide commentary on talks with the EU. “We will not take decisions until we are ready. We will not [...]
City passporting rights must be at the top of the government agenda on Brexit talks, according to an influential think tank September 7, 2016 City passporting rights must become the government's first priority following Brexit, according to an influential think tank, which also argues that London can remain Europe's leading financial services centre. A paper from the Margaret Thatcher founded Centre for Policy Studies today argues that while Brexit will bring challenges for the UK's financial services industry, it [...]
Delays on a new runway decision are costing the UK up to £1m an hour in emerging markets trade, according to a new study September 7, 2016 Delays in decision making on airport expansion are costing the UK as much as £1m ever hour in lost trade with emerging markets, according to a new analysis. Sir Howard Davies first recommended expansion at Heathrow last July, but since then the government has failed to approve the plan, and is currently set to return [...]
Multinationals could be forced to declare country-by-country revenues and taxes thanks to an amendment tabled in parliament by a Labour MP September 6, 2016 New UK legislation could force multinational corporations to reveal the taxes they have paid in every country in which they operate, after MPs voted in favour of landmark new tax proposals this evening. The new rules would introduce a country-by-country reporting system, allowing tax information published by HM Revenue and Customs (HMRC) to include details on where a company's revenues [...]
