Lib Dem leader Farron to demand a fresh industrial revolution led by a new Green Investment Bank February 21, 2017 Liberal Democrat leader Tim Farron is to call for the government to create a new Green Investment Bank in a speech demanding a new industrial revolution. Speaking in Central London tomorrow, Farron will outline plans for a new “Victorian” era of building, warning that Britain risks being “surpassed and relegated” without action. The Lib Dems are [...]
London’s Tory MPs band together to battle business rate plans February 21, 2017 London's Tory MPs are banding together to propose reforms to business rates as the pressure builds on chancellor Philip Hammond. Wimbledon MP Stephen Hammond told City A.M. that MPs were reflecting the fact that capital business faces some of the steepest increases in the country. “The pressure is building at a time when it's very difficult [...]
Euronext launches new listing for family-owned firms February 21, 2017 Euronext has launched a new listing dedicated to family businesses, covering 90 companies across France, Belgium, Portugal and the Netherlands. The launch is part of initiatives designed to provide support for family-owned firms and promote financial markets as a source of financing. Read More: Euronext shareholders approve clearing deal as company awaits LSE-DB news The 90 [...]
Brazen French presidential candidate Emmanuel Macron tells London – I want your banks to move to Paris after Brexit February 21, 2017 French presidential candidate Emmanuel Macron has said he wants to lure banks from London to Paris in the aftermath of Brexit, striking a bullish and undiplomatic tone during a visit to Downing Street. "I was very happy to see that some academics and researchers in the UK because of Brexit are considering coming to France [...]
Greece must pursue urgent reform to tackle “explosive” debt levels February 20, 2017 GREECE will continue negotiations on how to cut its staggering debts after Eurogroup officials agreed yesterday to a new summit in March. The country needs access to the latest tranche of its €86bn bailout from the International Monetary Fund (IMF) and the EU in order to meet debt repayments. At the core of yesterday’s announcement [...]
Volkswagen has fixed 470,000 of the UK cars hit by the emissions scandal February 20, 2017 German carmaker Volkswagen has fixed 470,000 cars out of 1.2m affected by the diesel emissions scandal in Britain, the firm’s UK managing director told MPs yesterday. Giving evidence to the Transport Select Committee, Paul Willis was grilled by MPs, with some angry that the firm has not been fined in Britain and that motorists have not [...]
Anglo American bosses to lose out on bumper share awards following remuneration reforms February 20, 2017 Anglo American bosses will reportedly lose out on millions in share awards as they plan to redraft remuneration rules following a shareholder revolt last year. According to Sky News, the FTSE 100 mining group will cap the amount bosses can earn from long-term incentive plans agreed when its shares were suffering in the face of [...]
Anglo American bosses to lose out on bumper share awards following remuneration reforms February 20, 2017 NULL
Donald Trump’s state visit is “entirely appropriate” says foreign office minister February 20, 2017 Foreign office minister Sir Alan Duncan has shot down demands to scrap the state visit of US President Donald Trump, telling MPs the honour is “entirely appropriate”. MPs today debated Trump's trip after 1.8m people signed a petition calling for the state visit to be scrapped, with questions raised about the timing of the invitation from [...]
Trade secretary Liam Fox visits Southeast Asia to promote British links with the region February 20, 2017 Trade secretary Liam Fox is to visit Singapore and Vietnam this week in his first trip to Southeast Asia since coming to office as he seeks to bolster Britain's overseas links With Brexit secretary David Davis also visiting central Europe this week, Fox will be the second senior member of the cabinet overseas promoting the [...]