Today: MPs expected to scrap controversial reforms that kicked off Tory sleaze row November 15, 2021 The controversial standards reforms that sparked the Westminster’s sleaze row are expected to be scrapped today during a vote in Parliament later today. A motion to rescind the so-called Leadsom amendment, which looked to establish a review of the MPs standards investigation process and delay Owen Paterson’s suspension for breaking lobbying rules, has been tabled [...]
MPs furious Northern Powerhouse Rail upgrade will most likely be scaled back November 15, 2021 Reports that rail upgrade plans for the North of England are to be watered down have caused outrage and frustration among a number of MPs. According to the i, the Government is to scale back ambitions for Northern Powerhouse Rail, with proposals to deliver it through track upgrades rather than building a new line. Shadow [...]
Exclusive: More than half of all UK small businesses rely on credit to pay for insurance November 14, 2021 Nearly six in ten small business across the UK rely on credit to pay for their insurance, borrowing on average around £1,832, according to new research that was exclusively shared with City A.M. this weekend. Some 16 per cent of SMEs claim to be using over £3,000 of credit a year to buy their cover, [...]
Exclusive: En+ chairman and former minister Lord Barker warns ‘don’t expect a big bang’ from COP26 November 14, 2021 Many eyes were on Lord Gregory Barker of Battle earlier this week, as ‘his’ global energy giant En+ was at the heart of COP26’s complex ecosystem of executives, government reps, lobbyists, NGOs and activists in Glasgow. Lord Barker was appointed independent chairman of the En+ Group board of directors in October 2017, just before the company’s [...]
All Brits want for Christmas is… gift cards or cold cash November 14, 2021 Gift cards, vouchers or cold cash are the top Christmas presents Brits are hoping to receive this year. More than a quarter (27 per cent) of people chose this option in a YouGov poll, while clothing came second, the choice of 23 per cent. After spending much of last year indoors amid coronavirus restrictions, a [...]
Post-pandemic return: Number of over 70s in work climbs to half a million Brits November 14, 2021 The number of over 70-year-olds who are working has increased to almost half a million. The 6 per cent increase in the past year indicates that employment among the older age group has started to recover from its Covid-related slump, said financial advisers Salisbury House Wealth. Its study found that at the beginning of the [...]
COP26 done and dusted: What big names make of the Glasgow Climate Pact November 14, 2021 The Glasgow Climate Pact has received a mixed reaction from both those involved and observers. Political leaders, activists and big NGOs expressed disappointment at the lack of ambition on phasing out fossil fuels and climate finance, but there was general consensus that 1.5C is still within reach. Here’s what some of the big names had [...]
Workers who were furloughed six times more likely to lose job November 14, 2021 Workers who were furloughed are six times more likely to have lost their jobs than other employees, according to new research shared with City A.M. this morning. The study among 6,100 adults indicated that around 136,000 workers moved from furlough to either unemployment or inactivity. But the end of the Coronavirus Job Retention Scheme (JRS) [...]
Defence Secretary Ben Wallace denies murder of Kenyan woman by British soldier was covered up November 14, 2021 Defence Secretary Ben Wallce has insisted that there is “no cover up” as Kenyan police look to reopen a probe into what happened to a woman whose body was found in a septic tank close to a British army base. Wallace said the Ministry of Defence (MoD) had aided the investigation into Agnes Wanjiru’s alleged [...]
COP26 president Alok Sharma close to tears as he is forced to water down fossil fuel text November 14, 2021 Political leaders, activists and big NGOs expressed disappointment at the lack of ambition on phasing out fossil fuels and climate finance, but there was general consensus that 1.5C is still within reach. Alok Sharma, the Cop26 President was close to tears when he was forced to water down language on fossil fuels. After bringing the [...]