The government will publish the final apprenticeship levy details just six months before it launches August 12, 2016 Businesses are to be given just six months to prepare for the launch of the apprenticeship levy, according to documents released today. In a summer consultation, the government has laid out the arithmetic behind plans allowing businesses to deduct the training of their own apprentices from the levy, which is set at 0.5 per cent [...]
66 days of Labour: All these major historical events were quicker than Labour’s leadership election? August 12, 2016 Labour may have won a court battle to prevent 130,000 new members from voting in its leadership election, but the battle between Owen Smith and Jeremy Corbyn will still rage for a healthy 66 days. Had the party lost in the court of appeal today, Smith would have pushed for an extension to the Labour contest, delaying [...]
A new campaign website promoted by Jeremy Corbyn claims Labour and Tories “were neck and neck” in polls prior to the rebellion by party MPs… August 12, 2016 A new website promoted by Jeremy Corbyn's camp in an attempt to dispel myths about the Labour leader appears to be blaming the party's rebels for its poor performance in polls. CorbynFacts.com, revealed by the Labour leader's official campaign yesterday and launched during last night's Labour's second leadership hustings, prominently features the claim that Labour and [...]
Germany has beaten the forecast for growth in the second quarter, revealing its economy has not slowed as much as feared August 12, 2016 Germany has beaten forecasts for economic growth, reporting second quarter figures that show the economy slowing, but not as much as predicted. CMC Markets was among the firms predicting growth of 0.2 per cent, down from 0.7 per cent in the first three months of 2016. However, figures from the German Federal Statistics Office have [...]
Google is facing an antitrust investigation in South Korea less than 24 hours after being hit with a $6.8m competition fine in Russia August 12, 2016 Google is being investigated by South Korea's antitrust regulator over concerns the search giant has violated competition laws. The Korea Fair Trade Commission revealed the investigation in a brief statement, while Reuters has reported that the watchdog inspected Google's Seoul HQ last month. The KFTC has investigated Google before. In 2013, the regulator cleared Google [...]
London entrepreneurs face a bill of almost £30,000 to start their business according to new figures August 11, 2016 London entrepreneurs face a bill of almost £30,000 to start a business, according to enterprise finance provider LDF. In a survey of 850 small and medium sized businesses, LDF found that starting a business in London is less expensive than seven other UK cities. However, the bill of £28,742 faced by an average London entrepreneur [...]
Thirty-one per cent of Labour voters say Theresa May would be a better Prime Minister than Jeremy Corbyn August 11, 2016 Almost one in three Labour voters believe that Theresa May would make a better Prime Minister than Jeremy Corbyn, according to YouGov figures. In a survey carried out for the Times, the pollster quizzed almost 400 people who voted Labour in 2015, and found that 31 per cent of picked May when asked which of [...]
Owen Smith is calling on Labour to delay its leadership election by two weeks, pushing the result to mid-October August 11, 2016 Owen Smith's leadership campaign is calling for a two week extension to the party's leadership battle following a landmark verdict forcing Labour to reassess who will be able to vote. Earlier this week a court ruled that Labour could not bar new members from taking part in the leadership selection, with Smith immediately responding with [...]
Legal and General has reached a £140m deal to sell its investment platform Cofunds to Aegon August 11, 2016 Legal and General has reached a £140m deal to sell its investment platform, Cofunds, to Aegon. Subject to regulatory approval, the deal will mean Aegon becomes the UK's largest platform provider, with more than three million customers. L&G only bought the business in early 2013, snapping up a 75 per cent stake for £131m, but confirmed this [...]
London mayor Sadiq Khan has called on Theresa May to hold off on Article 50 until next autumn August 10, 2016 London mayor Sadiq Khan has called on Theresa May to delay triggering Article 50 until next Autumn. Khan told Sky News the government should wait until after French and German elections next year. France will chose its next president in May, while Germany is not expected to vote until at least August 2017. "I lost [...]
