MPs are questioning whether more support should be provided to working fathers January 16, 2017 A parliamentary watchdog is to launch an enquiry into support available for working fathers. The Women and Equalities select committee is calling for evidence over concerns workplaces are not providing support to dads. It comes after the committee found that take-up for shared parental leave, introduced in 2015, is predicted to reach a maximum of [...]
Global IPO values set to grow by more than a quarter this year January 16, 2017 Global float activity is expected to rise by just over 25 per cent in 2017, before surging onwards in the following years. This year will see floats reach $167bn (£138bn), according to experts at law firm Baker McKenzie, up from $133bn in 2016. Further floats are expected to see activity dramatically uptick, reaching $275bn in [...]
Nigel Farage says a US trade deal could be agreed in just three months under Donald Trump January 15, 2017 Former Ukip leader Nigel Farage has predicted the UK could agree a trade deal with the US within months of President-elect Donald Trump taking office. Trump will become the US' 45th President on 20 January, and Farage said the incoming administration will be keen to stress its commitment to the principles of global trade. "I am [...]
Gaps in net household incomes are falling, according to the IFS January 13, 2017 Inequality in net household incomes has declined over the last 20 years according to a new report from the Institute for Fiscal Studies – the second set of figures this week to reveal a narrowing gap between Brits at the top and bottom of the scale. Published this morning, the IFS numbers record household incomes calculated [...]
Theresa May is to deliver a much-anticipated speech on Brexit next week January 12, 2017 Prime Minister Theresa May looks set to deliver a landmark speech on Brexit early next week. The speech, which has been anticipated for weeks, is expected to see the Prime Minister add more detail to her plans for quitting the European Union. May will deliver an address on Tuesday. While outlining her vision of a "sharing society" speech [...]
Sadiq Khan wants to draft an industrial strategy for London January 12, 2017 London mayor Sadiq Khan will today pledge to draft an industrial strategy for the capital for consideration in Westminster. Speaking at the London Government Dinner at The Mansion House tonight, Khan will call on London's political and business leaders to work with him on the plans. The strategy will then be submitted to the Business, [...]
Downing St has distanced itself from a £1,000 charge on EU recruitment January 11, 2017 A £1,000 levy on firms recruiting European nationals is not under consideration, Downing Street has insisted. A spokeswoman for Theresa May said the idea was “not on the agenda” just hours after a junior minister Robert Goodwill raised the prospects of firms paying the charge. Robert Goodwill told a House of Lords committee the Immigration [...]
Trump vows “major” border taxes for businesses leaving the US and puts pharmaceuticals in crosshairs January 11, 2017 President-elect Donald Trump has vowed to install "major" taxes on US businesses relocating outside of the country, and fired a warning shot across the bows of the pharmaceuticals sector. Speaking at a press conference in New York, the President-elect laid out plans to punish businesses that opt to relocate outside of the country and attempt to sell [...]
Britain’s business groups attack “worrying” plans for a £1,000 charge on EU recruitment January 11, 2017 Business groups have hit out at proposals for a £1,000 charge to recruit European workers, warning the plan would Immigration minister Robert Goodwill told a House of Lords Committee earlier today that the Home Office was considering extending incoming charges for non-European recruits to all incoming migrants. From April, recruiting non-EEA skilled workers will see [...]