Labour has invited industry groups for an emergency summit on business rates tomorrow February 26, 2017 Shadow chancellor John McDonnell has convened an emergency roundtable on business rates tomorrow in a bid to increase the pressure on the government to implement reforms. McDonnell will lead the summit alongside newly appointed shadow business secretary Rebecca Long-Bailey, meeting with groups including the Institute of Directors, Federation of Small Businesses and the British Chamber of Commerce [...]
Almost 80 per cent of non-Labour voters say the party has the wrong leadership February 26, 2017 Almost 80 per cent of non-Labour voters do not believe the party has the right leader in Jeremy Corbyn, new polling figures show. Research published in the Sunday Mirror today shows an overwhelming 77 per cent of those who backed other parties in 2015 also dismissed Corbyn. A further 73 per cent said they do [...]
Guess who’s coming to dinner? Nigel Farage joins Donald Trump for a meal after his Brexit speech February 26, 2017 Former Ukip leader Nigel Farage has been boasting of his close ties with US President Donald Trump again, posting a picture of the two sharing a meal last night. Farage was in the States to speak at the Conservative Political Action Conference, giving an address on the "global revolution" started by Brexit. After his speech, Farage sat down with The [...]
Michael Heseltine vows to fight the government on Brexit February 26, 2017 Conservative peer Lord Heseltine has vowed to fight Theresa May's government over Brexit, coming out in favour of opposition amendments to the Article 50 Bill. The Bill, which gives the government the power to begin Brexit talks, is being debated in the Lords, with next week set aside for discussions of amendments. Writing in the Mail on [...]
Theresa May’s Conservatives have secured an historic victory in the Copeland by-election February 24, 2017 Theresa May’s Conservatives have become the first governing party to gain a seat at a by-election for 35 years, snatching the constituency of Copeland in an embarrassing defeat for Jeremy Corbyn’s Labour party. Conservative candidate Trudy Harrison won the race to replace Labour MP Jamie Reed, who stepped down late last year to work at the [...]
Top City grandees and politicians come out against London Stock Exchange merger February 23, 2017 Forty top eurosceptics from the worlds of business and politics have come out against the London Stock Exchange's proposed £21bn mega-merger with Deutsche Boerse, calling for the deal to be blocked until after Brexit negotiations. They say the deal, which is currently being evaluated by the European Commission, is a risk the government should "not be [...]
Storm Doris has closed down a section of Leadenhall Market February 23, 2017 Storm Doris continues to cause disruption across London, and the latest site affected is City hotspot Leadenhall Market. Parts of the historic site have been closed off "as a precautionary measure" as the storm continues to rattle windows all over the capital. Read More: Gale force winds from Storm Doris set to wreak havoc on Southern [...]
Banks and building societies create more than one-in-10 jobs in five locations across the UK February 23, 2017 The importance of the banking sector in the UK's jobs market has been laid bare by new figures from the British Bankers' Association (BBA). A jobs report from the BBA shows that banks and building societies represent more than 10 per cent of local jobs in five parliamentary constituencies, four of which are outside London. Two [...]
Tandem chief executive to retire with the bank due to launch within months February 23, 2017 Peter Herbert is to step down as chief executive of digital bank Tandem with the challenger due to finally launch inside the next few months. Herbert will retire in the next few weeks, with deputy chief executive and co-founder Ricky Knox stepping up to replace him. Banking veteran Herbert only joined the start-up 15 months [...]
Tesla says its new mass-market car remains on track as it reports narrowing losses February 22, 2017 Tesla posted a smaller loss for the quarter to 31 December, as it declared that its new mass-market saloon was on track to enter production by September. Elon Musk's electric car maker reported net loss attributable to common shareholders of $121.3m (£97m) for the three months period, down from $320m in the same quarter of [...]
