David Cameron: Too early to consider fixing the UK’s budget deficit September 17, 2020 David Cameron has said the UK economy will need “generous help to reopen” and that Rishi Sunak should not consider measures to fix the budget deficit until an economic recovery is well under way. The former prime minister told Times Radio that “we’re going to have to think about fixing the roof again when the [...]
Boris Johnson sees off potential Tory rebellion on Brexit bill September 16, 2020 Boris Johnson has quelled a potential Tory backbench rebellion next week by agreeing to give MPs a final say on a controversial Brexit bill that could breach the Brexit withdrawal agreement. Downing Street put out a statement today to say it would amend its Internal Market Bill, which is going through parliament this week, to [...]
Boris Johnson plan for millions of coronavirus tests each day ‘a long way off’ September 16, 2020 The government’s plan to administer millions of daily tests in a bid to scrap social distancing restrictions is “still a long way off”, according to Boris Johnson. The Prime Minister last week unveiled his plan to eventually have everybody take coronavirus tests, which give a result in under an hour, each morning that show if [...]
Boris Johnson signals that targeted furlough extension is on the cards September 16, 2020 Boris Johnson has given the clearest indication yet that the government is considering extending the furlough scheme for some sectors beyond next month. When asked about an extension of the scheme for sectors unable to function due to coronavirus restrictions, the Prime Minister said today that that the government “will continue to show great creativity [...]
Brexit: Chances of Brexit trade deal ‘fading’, says EU chief September 16, 2020 The UK’s chances of securing a post-Brexit trade deal with the EU are beginning to fade, according to EU chief Ursula von der Leyen. The European Commission President said during a major set piece speech that “with every day that passes, the chances of a timely agreement do start to fade”. Von der Leyen also [...]
Exclusive: London employment levels will not recover until 2023, says new analysis September 16, 2020 Levels of employment in London will not reach pre-coronavirus levels until 2023 at the earliest, according to new figures from City Hall. The Greater London Authority’s latest macroeconomic analysis, seen by City A.M., shows that London unemployment is expected to rise by 5.5 per cent by next year. The figures show that the capital’s economy, [...]
‘Sclerotic’ City of London Corporation needs reform, says new report September 15, 2020 The City of London Corporation is “complex and sclerotic” while the public view it as a “secretive boys’ club”, according to a long-awaited independent report into the governance of the powerful local authority. Robert Rogers, now Lord Lisvane and a former Clerk of the House of Commons, said in his report that the “slowness of [...]
Rishi Sunak hints at potential targeted furlough scheme extension September 15, 2020 Rishi Sunak has assured MPs that he will be “creative” in protecting jobs after the furlough scheme ends, potentially hinting at a limited extension of the emergency measure. When asked if he would provide sector specific sectoral support after the end of the furlough scheme next month, the chancellor said he had “not hesitated to [...]
Boris Johnson says Brexit deal breach will save UK from being ‘carved up’ September 14, 2020 Boris Johnson has said the UK must prepare to breach the Brexit withdrawal agreement in its new bill to stop Brussels from “dividing” the country as another senior Tory has decided to vote against the controversial legislation. Johnson told MPs today that Brussels was attempting to “blockade” goods travelling between Great Britain and Northern Ireland [...]
Exclusive: No scrutiny of disgraced Liberal Democrat candidate due to ‘wealthy connections’ September 14, 2020 A disgraced former Liberal Democrat London mayor candidate was allegedly parachuted into the contest without extensive vetting in the hope she could potentially bring in vast amounts of donations and exclusive voter data to the party, City A.M. can reveal. Sangeeta Siddhu-Robb, a millionaire businesswoman, was yesterday forced to drop out of the race to be the [...]
