Ukip’s ruling committee “is not fit for purpose” says Woolfe as three members resign in protest over his exclusion August 3, 2016 Steven Woolfe has hit out at Ukip's ruling committee after it voted to exclude him from the party's leadership contest. Woolfe was the odds-on favourite to succeed Nigel Farage, but saw his bid blocked after paperwork supporting his campaign was submitted 20 minutes after a midday deadline. In a statement following the verdict, Woolfe said that [...]
Arron Banks blasts Ukip’s “insane” decision to exclude Steven Woolfe from the race to succeed Nigel Farage as party leader August 3, 2016 Ukip donor and Leave.EU founder Arron Banks has hit out at the party after it decided to bar migration spokesman Steven Woolfe from running in a leadership contest, warning it raises "fundamental questions" about the future of the party. Woolfe was excluded earlier today following a vote of Ukip's National Executive Committee, after he submitted paperwork for his [...]
Ukip leadership favourite Steven Woolfe excluded from contest to succeed Nigel Farage August 3, 2016 The favourite to succeed Nigel Farage at the top of Ukip is to be excluded from the party's leadership contest. Ukip migration and financial affairs spokesman Steven Woolfe submitted documentation in support of his campaign 20 minutes after a Sunday midday deadline, with officials on his campaign blaming technical difficulties. Candidates were required their application [...]
The FCA is to consult on whether consumers deserve more compensation for unsuitable advice on pension transfers August 3, 2016 City watchdog the FCA is to consult on how redress is calculated for unsuitable pensions transfer advice. The FCA revealed this morning that it would consult in the autumn for workers advised to transfer out of defined benefit schemes. Current rules were set up by the Pensions Review in the 1990s, and were designed to [...]
Bookies have cut the odds on a Clinton presidency after Obama branded Trump “unfit” to be President August 3, 2016 Bookmakers have cut the odds of a Hillary Clinton presidency after Barack Obama branded Donald Trump “unfit” to be President. Obama blasted Trump at a press conference yesterday, saying that the billionaire is “woefully underprepared” to take on the Oval Office. Asked specifically about Trump's comments in relation to the family of slain American muslim [...]
Commuters face fresh Southern misery as union ballots members on new strikes August 3, 2016 Southern Rail travellers face fresh commute misery in September after a rail union announced plans to ballot staff over a potential strike. The Transport Salaried Staffs' Association will poll 150 station staff members over Southern railway plans to close ticket offices and cut staffing numbers. 34 offices are set to close, while 49 will only [...]
Bank of England stress tests “worse than useless” according to free market think tank August 3, 2016 The Bank of England's stress-testing regime is “worse than useless” according to a new report from free market think tank the Adam Smith Institute. The tests gave the UK's banking system a clean bill of health in 2015, but the think tank argues that the regime is riven with fundamental flaws. And days after alarm bells were [...]
Labour leadership challenger Owen Smith has proposed new limits on private sector pay for government contractors August 3, 2016 Labour leadership candidate Owen Smith is facing questions over his proposals for a new “high pay commission” to explore new pay ceilings for the private sector. In a speech today, Smith will promise to explore whether to install maximum pay ratios between top and average earners for private firms doing public sector work. While he has yet [...]
Britain faces “lights out” without Hinkley Point progress, says Labour leadership challenger Owen Smith August 2, 2016 Britain faces an energy crisis with the construction of Hinkley Point on hold, according to Labour leadership challenger Owen Smith. Smith, who is bidding to replace Jeremy Corbyn as leader on September 24, said that Britain should “get on with” approving the two new nuclear reactors. Theresa May's government unexpectedly slammed the brakes on the [...]
Labour’s faces electoral “Armageddon” if it splits in the aftermath of its leadership election, the party’s largest individual donor has warned August 2, 2016 Labour faces “Armageddon” if it divides the aftermath of this summer's leadership challenge, according to the party's largest individual donor. The party is set to choose a new leader on September 24, but millionaire businessman John Mills said failure to unite afterward the contest would be a disaster for its electoral prospects. “I really hope [...]
