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      Bank of England to ‘tolerate slow return’ to inflation target as interest rates held

      Bank of England Governor Andrew Bailey said cited several indicators that the labour market was softening.

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      Yas Queen’s: Why HSBC Championships expansion has been a smash for business

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Politics

  • Exclusive: David Lammy draws on business contacts for London Mayoral backing

    March 17, 2015

    Former City lawyer David Lammy has secured fresh financial backing as he steps up his campaign to be the next Mayor of London. Jonathan Goldstein, the head of European investments for Cain Hoy, an offshoot of Guggenheim Partners, told CityAM yesterday that he will be backing Lammy financially. He said Lammy, who is Labour [...]

  • Chuka Umunna blasts Ukip as anti-business after CBI speech

    March 17, 2015

    Shadow business secretary Chuka Umunna has branded Nigel Farage’s Ukip anti-business, due to its determination to take Britain out of the EU. He told CityAM: “I do think Ukip is an anti-business party. There’s no doubt about that.” He was similarly critical of the coalition’s approach. “I think this government has compromised not only [...]

  • German politician Gesine Schwan supports war reparations for Greece

    March 17, 2015

    A respected German politician has called on the country to pay war reparations to Greece, as well as repay an occupation loan to its central bank. “We should make a financial approach to victims and their families,” said Gesine Schwan, a member of the Social Democrats who are in coalition with Angela Merkel’s Christian Democratic [...]

  • David Cameron agrees to TV debate: PM accepts broadcasters’ offer of one seven-way contest

    March 17, 2015

    David Cameron has agreed to the offer made by Britain's broadcasters for a single seven-way election debate that will be held on 2 April. The contest will be a first in British broadcasting history. The Tories originally wanted a single debate in the week staring 23 March. However, the PM came under a barrage of [...]

  • Nigel Farage: Those who can afford it should opt for private healthcare to relieve burden on the NHS

    March 17, 2015

    Those who can afford to buy private healthcare should do so because they would help to relieve the burden on the NHS, according to Ukip leader Nigel Farage. Appearing on Tuesday's edition of the Daily Politics, Farage answered a host of questions on Ukip's policy platform, including healthcare. Farage emphasised that Ukip supported a National [...]

  • Lord Ashcroft marginals poll delivers bad news for Cameron’s General Election chances

    March 17, 2015

    After two weeks of matching or overtaking Labour in the national polls, the Tories are hoping they will soon reach their much hoped for "crossover" moment, when they can consistently out poll Labour and build some momentum toward victory. But Tory peer Lord Ashcroft's latest round of polling from the marginal constituencies may dampen Tory [...]

  • Oxfam anti-tax dodging protesters shower Westminster with fake money in run-up to 2015 budget

    March 17, 2015

    Protesters from Oxfam donned their George Osborne and Danny Alexander costumes and took to Westminster this morning, in a protest against tax dodging. Dressed as the chancellor and chief secretary to the Treasury, the protesters posed with mock ministerial red boxes inside a glass dome, with fake bank notes flying all over the place. According [...]

  • Budget 2015: Who’s winning the social media battle

    March 17, 2015

    Tomorrow George Osborne will deliver the final Budget of this Parliament, but the PR war over the coalition government's last set-piece event is already under way. As with almost all Budgets, large chunks have already been trailed and leaked leaving observers wondering whether Osborne will stick to his promise of no more gimmicks or pull [...]

  • Jean-Claude Juncker rules out major EU reform to prevent Brexit

    March 17, 2015

    EU Commission President Jean-Claude Junker hopes to keep what he calls "down to earth Britain" in the EU but has dashed any hopes of major treaty change. Juncker ruled out a major reform of the European treaties to satisfy British demands for reform. Speaking at a conference he insisted he was "in favour of a [...]

  • General Election 2015: Ed Miliband stops short of ruling out post-electoral deal with SNP

    March 16, 2015

    Labour leader Ed Miliband has declined to rule out doing a deal with the Scottish National party (SNP) to secure the keys to Downing Street. However, he said there would be no formal coalition between the two parties. Speaking yesterday, Miliband said: “Labour will not go into coalition government with the SNP. There will be [...]

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