After a Brexit war game found prospects for the UK outside the EU are bleak, should we take the result seriously? January 27, 2016 Rajesh Agrawal, founder and chief executive of RationalFX and Xendpay and business adviser to Labour’s London mayoral candidate Sadiq Khan, says Yes. The EU gives us access without barriers to 500m customers, £24bn of foreign investment and the clout of negotiating as part of the world’s largest trade bloc. Britain could of course go it alone, [...]
Take red tape burden away from UK startups January 26, 2016 As an economically-literate and highly-educated reader of City A.M., you will no doubt be familiar with the theory of “bootleggers and baptists”, coined by regulatory expert Bruce Yandle. It goes as follows – regulations are typically supported by self-styled moral crusaders (the baptists), but also by commercial interests that stand to benefit from the measures. [...]
London mayoral election 2016: Labour candidate Sadiq Khan rejects suggestions from shadow chancellor John McDonnell to scrap City of London Corporation January 26, 2016 Labour candidate for mayor of London Sadiq Khan has sharply rejected calls from shadow chancellor John McDonnell and top Labour advisers to get rid of the City of London Corporation. “The City of London Corporation is the City’s bedrock, playing an historic and vital role representing business,” a spokesperson for Khan told City A.M. “Any suggestion [...]
Alan Johnson talks Labour’s relationship with business, its prospects in 2020 and the EU referendum January 25, 2016 Labour is a party in disarray. Under the leadership of Jeremy Corbyn, it is struggling to connect with the public and earn back the confidence of business. Some polls have Labour commanding just 25 per cent of the national vote. And it does not help that the party’s MPs seem constantly embroiled in public rows [...]
Debrett’s 500 most influential people: Who’s in and who’s out in business and finance – Mark Carney and Richard Branson joined by Neil Woodford and Nemat Shafik January 24, 2016 The City movers and shakers of the year have been named by Debrett's, in its annual list of the most influential people in the world – from actors and writers to scientists and politicians. In business and finance, it's a who's who of the top men and women at the biggest companies and the most powerful names [...]
Everyone agrees TfL running London’s trains like the Overground is a brilliant idea January 21, 2016 It's pretty difficult to bring together political parties and several different parts of government and get them to agree, but now there's one thing that has – an apparent shared dislike of commuter trains into London. Nothing brings people together like a collective resentment towards train companies such as Southeastern, Southern and Thameslink, and now plans to [...]
London mayoral election 2016: Labour candidate Sadiq Khan wants business leaders shaping City Hall policies January 21, 2016 Business leaders should help shape policy decisions in City Hall, Labour mayoral candidate Sadiq Khan said today as he revealed his plans to appoint a business advisory group. Khan, who has pledged to be the “most pro-business mayor of London yet”, said his advisory board would be made up of independent business leaders, not political [...]
London mayoral election 2016: Why Conservative candidate Zac Goldsmith may struggle to emulate Boris Johnson by defying polls to win City Hall January 20, 2016 A Tory candidate for London mayor that isn’t beloved by the wider Conservative party is down in the polls to a strong Labour candidate, but has Australian election strategist Lynton Crosby on board. It’s just over 100 days until the election and all signs point to a Labour win. Starting to sound familiar? The year [...]
London mayoral election 2016: Green Party candidate Sian Berry defends plans to demolish London City Airport January 20, 2016 Sian Berry wants to multiply the number of Londoners walking, cycling and using public transportation – and she has no shortage of suggestions for how to make that happen. The Green Party candidate for mayor of London backs Crossrail, expanding Overground services, building more segregated cycle lanes and extending the so-called Mini-Holland town centre schemes [...]
London mayoral election 2016: Conservative candidate Zac Goldsmith lays out “vision for London” January 19, 2016 Conservative candidate for Mayor of London Zac Goldsmith will today set out his vision for London if elected in May. The Richmond Park MP's plan aims to "build on the city's economic strength" under current mayor Boris Johnson, and will focus on four key areas: housing, transport, living environment and crime. "We can take London’s success and make [...]