Former chancellor Norman Lamont warns Brexit is “under attack” March 6, 2017 A former Conservative chancellor has warned that Brexit is “under attack”, calling on the House of Lords to “see sense”. Lord Lamont said yesterday that Prime Minister Theresa May should be allowed to begin official negotiations as soon as possible. Lamont, who supported exiting the EU, served as chancellor under John Major between 1990 and 1993, [...]
The government has vowed fresh action to stop women being told to wear high heels at work March 6, 2017 The government has petitioned high-risk sectors to warn employers away from demands for women to wear heels in the workplace. Junior equalities minister Caroline Dinenage revealed today that she had written to trade bodies in a raft of sectors, asking them to remind employers of their responsibilities. Sectors targeted include hotels and tourism, travels and [...]
Less than half of Labour members say Corbyn should lead the party into the next election March 6, 2017 Less than half of Labour supporters say Jeremy Corbyn should fight the next general election, according to new polling. Just over a third of Labour backers said Corbyn should stand down immediately, and 14 per cent said he should quit ahead of the next election. And just 44 per cent of Labour members said the [...]
Downing Street says Theresa May won’t be publishing her tax return this year March 6, 2017 Prime Minister Theresa May has “no plans” to publish her tax return, Downing Street said today, despite the former home secretary previously doing so as part of her leadership campaign. May published a summary of her earnings last July as she battled it out to become Tory leader and Prime Minister, but Number 10 has [...]
Theresa May warns peers against encouraging a bad Brexit deal with amendments to the Article 50 Bill March 6, 2017 Prime Minister Theresa May has issued peers with a fresh warning against a Brexit rebellion, with officials today claiming the House of Lords could encourage Brussels to offer a bad deal on Brexit. Peers return tomorrow to debates on the Article 50 Bill, with speculation rife that they will impose a second amendment to the legislation, this time [...]
Hammond vows to fight back against bad Brexit deal as he plots vision for Britain’s high-tech future March 6, 2017 Ahead of his first full Budget, chancellor Philip Hammond has vowed the government would fight back against a Brexit deal that doesn't deliver for Britain, insisting the country will not be left licking its wounds after negotiations. Hammond warned the European Union of the UK's "fighting spirit" and said the country will not "slink off as [...]
The BCC is demanding action over mounting business rate concerns March 6, 2017 Almost 40 per cent of UK firms are more concerned about business rates than three months ago, according to new research. Figures from the British Chambers of Commerce show that business rates (39 per cent) were second only to exchange rates (42 per cent) in the number of firms reporting increased worries. And among small [...]
City lobbyists to launch a fresh bid for “mutual recognition” between UK and EU financial regulators March 5, 2017 A major City lobby group is set to launch a fresh bid to win support for mutual regulatory recognition for the UK and the EU's finance businesses within weeks. TheCityUK is to double-down on calls for a bespoke deal on financial services based on a principle of mutual market access for firms on both sides of the [...]
Tata is reportedly considering walking away from its long planned Thyssenkrupp joint venture March 5, 2017 Indian conglomerate Tata is considering scrapping a joint venture with German rival ThyssenKrupp, according to reports. Tata has been looking at bringing together its European steelworks with the firm since last summer, but talks were put on hold to focus on finding a solution for the British Steel Pensions Scheme. But with union members voting last month [...]
Ministers have reportedly been given assurances over the short-term future of British jobs at Vauxhall March 5, 2017 Ministers are confident that the imminent sale of Vauxhall to France's PSA Group will not affect 4,500 manufacturing jobs and pensions, according to reports. PSA is set to make an announcement on its plans to acquire Vauxhall and Opel tomorrow, and it is expected the purchase will protect workers at Vauxhall plants in Luton and [...]
