Brexit: German businesses based in the UK don’t want Britain to go July 9, 2015 German businesses based in the UK have called on David Cameron to avoid a British exit from the European Union (EU). In a letter to the Prime Minister, chancellor and business secretary, Bernd Atensttaedt, chairman of German Industry UK, which represents 100 chief executives of industrial companies in the UK with a German majority shareholding [...]
July Budget 2015: Inheritance tax threshold to rise to exclude £1m homes July 8, 2015 The chancellor has increased the inheritance tax threshold, allowing £1m homes to be passed down to children after death to be free of tax. As part of today's July Budget, George Osborne announced that, from 2017, there will be a new £175,000 allowance on homes left to children or grandchildren. The new allowance is in addition [...]
July Budget 2015: George Osborne’s favourite words July 8, 2015 He may have cut £12bn from welfare budgets – but chancellor George Osborne pronounced 9.847 words in the July Budget. Although, in the midst of jeers, he repeated some things – so we could just call it 10,000 words. Either way, he had a lot to say. Predominantly about welfare, tax credits and pensions – [...]
July Budget 2015: Pensions could look more like ISAs July 8, 2015 Chancellor George Osborne, as part of the emergency Budget, has announced the government will publish a green paper looking at further reform and making pensions more like ISAs. The truth is Britain isn’t saving enough and that’s something we need to fix in our economy too. While we’ve taken important steps with our new single [...]
July Budget 2015: Non-doms “will pay the same tax as everyone else” July 8, 2015 George Osborne has announced that he will crack down on non-doms who evade or aggressively avoid taxation. Widely anticipated before the Budget, Osborne said he would name and shame tax avoidance schemes. We've stopped these blatant abuses that were allowed to flourish, and many others. But we said to the British people we would do [...]
Nigel Farage: “There is a new Berlin Wall and it is called the euro” July 8, 2015 Ukip leader Nigel Farage has launched another scathing attack on the European Union and its leaders as he stood up to speak at the European Parliament during a session on the Greek crisis talks. The European project has started to die. The plan has failed. The whole of the Mediterranean finds itself in the wrong [...]
Barack Obama makes personal intervention in Greek crisis talks July 8, 2015 With Greece given five days to reach an agreement ahead of an emergency summit attended by all 28 EU member states, President Barack Obama has made his first personal intervention in the crisis in months. Obama spoke to both Greek Prime Minister Alexis Tspiras and German Chancellor Angela Merkel before the leaders gathered in Brussels. [...]
July Budget 2015: Can you tell the difference between George Osborne and Gordon Brown? July 8, 2015 It's Budget day again today- and if it all seems a bit repetitive to you, spare a thought for George Osborne, who will be enduring his twelfth. Although, admittedly, it'll be the first time he hasn't had another party to please. But are they really all the same at heart? We've trawled through George [...]
Chicago Mercantile Exchange ends open-outcry trading after 167 years July 8, 2015 Once, floor traders, clad in their different-coloured jackets, stood in the trading pits, frantically shouting out orders, prices and quantities of commodities, exchanging vast volumes that would set prices across the world. But after 167 years, the era of open outcry, a method of communicating information about buying and selling through hand signals and shouting, has [...]
Tory MP Johnny Mercer strips off for Dove Men shower gel advert July 7, 2015 We all know that politics is a dirty game, but one MP is trying to prove otherwise. Either that or he's trying to boost his rating in SexyMP.com. Johnny Mercer, MP for Plymouth Moor View, has a starring role in a new Dove Men advert – broadcast in America – appearing topless as he lathers [...]
