£4.6m in just 48 hours: The mind-boggling numbers behind Labour’s leadership election July 21, 2016 The Labour party has completed a mind-boggling fundraising drive in the last 48 hours by asking supporters to contribute £25 to vote in its upcoming leadership election. The party estimates that roughly 183,000 people signed up to vote in the last 48 hours, with each paying £25 a pop. It equates to a cash injection [...]
The Lib Dems spent nearly £8,000 for Nick Clegg to mime a Carly Rae Jepsen song in the build up to last year’s election July 21, 2016 In the build up to the general election, former Lib Dem leader Nick Clegg spent almost £8,000 to imitate a music video in a desperate bid to “go viral”. The video, first revealed by The Times, saw Clegg imitate the role of Tom Hanks in a Carly Rae Jepsen music video. In the original video, Hanks walks the streets [...]
German Chancellor Angela Merkel has welcomed the visit of Prime Minister Theresa May with a fresh warning that the EU will not negotiate before the UK triggers Brexit July 20, 2016 German Chancellor Angela Merkel delivered a fresh warning on the timing of Brexit talks when she met Theresa May for the first time since the latter became Prime Minister. Visiting Berlin just a week after entering office, May was told that the UK must activate departure mechanisms before seeking agreements on freedom of movement or single [...]
The Brexit vote will halve expectations of economic growth for the UK’s largest cities, according to the CEBR July 20, 2016 Some of the UK's largest cities will see economic growth drop by as much as half next year, according to one think tank, although some will be set to recover by 2018. A study of 38 cities by the Centre for Economics and Business Research found that while all would continue to grow, the expectations for [...]
Theresa May has officially delayed plans for a budget surplus in her first PMQs July 20, 2016 Prime Minister Theresa May has confirmed that her government will still seek to achieve a budget surplus, but admitted that it will not be met by 2020. Former chancellor George Osborne suggested at the start of this month that the 2020 target would be axed, and May has now confirmed that her government will not [...]
A free market think tank has called for corporation tax to be scrapped as part of reforms to “reboot” Britain July 20, 2016 A controversial free-market think tank says that Britain must slash corporation tax to zero, scrap farmers' subsidies and encourage immigration if the UK is to make a success of leaving the European Union. A new report from the Adam Smith Institute argued that the Brexit vote is a chance to “reboot” Britain, and tackle long-standing [...]
Boris Johnson facing bruising questions as John Kerry seeks to reaffirm the special relationship July 19, 2016 Boris Johnson has had a bruising encounter in one of his first major outings as foreign secretary, facing repeated questions on his remarks about senior US officials as he stood alongside US secretary of state John Kerry. Johnson and Kerry met in London today to discuss the special relationship between the US and the UK, [...]
In her first cabinet meeting, Theresa May has revealed plans to create three new cabinet committees to work on the pillars of her premiership July 19, 2016 Prime minister Theresa May is to chair three new cabinet committees in a bid to drive forward the central agenda of her premiership. In her first speech after succeeding David Cameron, May said that she would dedicate herself to fighting “burning injustices” while in office. And chairing her first cabinet meeting today, she told ministers [...]
Theresa May has blessed the Arm acquisition, but fears are growing the new PM will be too interventionist on M&A July 18, 2016 Theresa May's new government gave its whole-hearted backing to the sale of Arm yesterday, but suggested it could block future deals if they are not considered to be “in the national interest”. May and her chancellor Philip Hammond hailed the £24bn purchase by Japanese giant Softbank, with Downing Street describing the deal as “a vote of confidence [...]
Abandoning the UK’s nuclear weapons would be “gross irresponsibility”, Theresa May will today warn as Labour’s leader faces another revolt over renewing the Trident submarines July 18, 2016 Abandoning the UK's nuclear deterrent would be “gross irresponsibility” Theresa May will today warn, as Labour faces a substantial rebellion over the vote on renewing the UK's Trident submarine. The House of Commons will today host a lengthy debate on Britain's nuclear weapons, with a vote expected at around 10.00. And opening the debate, the [...]
