PM talks tough on EU as Clegg pledges reform October 20, 2014 DAVID Cameron has defended his plan to curb the number of EU migrants coming to the UK, following heavy criticism from outgoing European Commission president Jose Manuel Barroso and a strong warning from Cameron’s coalition partner Nick Clegg. Speaking at a Ford factory yesterday, Cameron said he would answer only to the British people, who [...]
Homeowners in property worth over £3m to be hit with £10k mansion tax October 20, 2014 Labour would tax homeowners in properties worth above £3m over £10,000 on average per year, in some cases much more, according to research by the Institute for Fiscal Studies. Under the party’s mansion tax proposals, those in homes worth between £2m to £3m would pay £3000 per year, but those in properties worth over £3m [...]
Experts: Tory migration limit is not feasible October 20, 2014 DAVID Cameron’s plan to curb migration from Europe to the UK by issuing temporary National Insurance numbers would be illegal, according to a leading think tank. Director of Open Europe, Mats Persson, told CityAM last night that the scheme would be illegal as it would break rules on free movement of people. The Prime [...]
David Cameron: FTSE 100 must employ teenagers through new apprenticeship schemes October 20, 2014 The Prime Minister will today call on FTSE 100 employers to step up their efforts to employ apprentices as part of a UK-wide scheme backed by Airbus, Ford and a number of others. David Cameron will call on some of the biggest employers in the country to do more to help young people get a [...]
Twenty fire engines battle huge blaze at Didcot power station B October 20, 2014 FIRE crews were battling to control a large fire at Didcot power station B last night after one of the cooling towers caught alight. Twenty fire crews from the area were sent to the site, which houses the natural gas power plant, and Thames Valley police warned local residents to stay inside and close all [...]
Russia clamps down with 200 new McDonald’s investigations October 20, 2014 Russia has stepped up its action against restaurant chain McDonald’s, with 200 new investigations into the fast food outlet on various grounds. In the wake of sanctions on President Putin’s nation following his intervention in the conflict in Ukraine earlier this year, Russia clamped down on a number of restaurants in Moscow over poor hygiene [...]
Societe Generale close to a deal for Canary Wharf headquarters October 20, 2014 French bank Societe Generale is understood to be close to signing a deal for a new office in Canary Wharf. The financial heavyweight had been widely expected to plump for a new headquarters in Spitalfields at the City Corporation’s Fruit and Wool Exchange site, but the bank is now reported to have chosen a site [...]
Bad business tactics out as economy grows October 19, 2014 COMPLAINTS about anti-competitive behaviour by businesses in the UK are down as the economy begins to recover, new research has shown. The Office of Fair Trading, now the Competition and Markets Authority, recorded a 50 per cent fall in complaints about bad practice in 2013. The number of businesses prompted to phone in and report [...]
David Cameron seeks immigration reform and pledges one last go at EU renegotiation ahead of Referendum Bill debate October 16, 2014 David Cameron has given the strongest hint yet that he will seek tough new measures to curb European immigration if elected next year, ahead of an EU Referendum Bill debate today. During a campaign visit to Rochester and Stroud yesterday, a seat the Tories are trying to hold following the defection of Mark Reckless to [...]
Heathrow sells three airports October 16, 2014 HEATHROW has confirmed the sale of the three other airports it currently owns in a deal worth over £1bn, as it sets its sights on winning a significant runway expansion. Heathrow’s parent company, Heathrow Airport Holdings, currently owns Aberdeen, Glasgow and Southampton airports, as well as the west London hub. It has confirmed it will [...]
