MPs to get a symbolic vote on whether to strip Sir Philip Green of his knighthood October 20, 2016 MPs will get a symbolic vote today on whether to strip Sir Philip Green of his knighthood. An amendment by Conservative MP Richard Fuller has been accepted by the Speaker of the House of Commons, which means MPs will get a vote, but it will not be binding. The backbencher called for today's debate in parliament on [...]
In quotes: The best of Clinton and Trump’s final debate October 20, 2016 If there's one thing we've learned from the US election, it's that very little Donald Trump says can surprise us any more. But last night's final presidential debate, which took place in Las Vegas, still managed to entertain the whole of America. And the rest of the world. In the past few weeks Trump's poll [...]
Chancellor Philip Hammond reassures the City over its post-Brexit prospects after reports of Whitehall indifference towards financial services October 20, 2016 Philip Hammond has insisted the health of London’s financial services will form a crucial part of Britain’s negotiations to leave the EU, after a top Conservative MP challenged the chancellor over revelations published in yesterday’s CityAM During a near-two-hour grilling in front of the highly influential Treasury Select Committee, Hammond backed London to retain its status [...]
Institute of Directors calls for tax overhaul to help startups soar October 20, 2016 Complications in the tax system are a blocker for startup firms to take on more staff and pitch bigger contracts, a new report has found. Research from the Institute for Directors (IoD), Prelude Group and Grant Thornton calls for an overhaul of the system to make it simpler, including recommendations to merge income tax and [...]
What if Trump wins? Economic shocks could lie ahead for the US October 19, 2016 What if Trump wins? Until a few weeks ago, many Americans, and indeed people all across the world have been asking themselves the same question. With the polls now favouring Hillary Clinton and the bookies already paying up it’s beginning to look unlikely, but as with Brexit, let’s rule nothing out yet. A new report from [...]
Philip Hammond reassures City their concerns over Brexit are being listened to October 19, 2016 Philip Hammond has distanced himself from previous pre-referendum analysis done by the Treasury which suggested there would be an economic shock if the UK were to leave the EU. Appearing before the Treasury select committee this afternoon, the chancellor said that some of the assumptions that were made in the controversial analysis had "already been proved [...]
Obama tells Trump to stop whining over “rigged election” claims October 19, 2016 Thank you, Barack Obama, for telling Donald Trump what we've all been thinking. The outgoing US President has told the Republican nominee to "stop whining" about the possibility that the election could be rigged. Trump has stepped up his attacks on his rival Hillary Clinton over the last week, accusing her of colluding with the [...]
Travis Perkins to close 30 UK branches and axe 600 jobs as it warns on profit October 19, 2016 Britain's biggest supplier of building materials is to axe 600 jobs and close more than 30 branches due to falling underlying sales. Travis Perkins said this morning it would not meet its £415 million market expectation for full-year profits, blaming a poor performance for its plumbing and heating division and a lack of demand after the [...]
Wine prices could go up by more than 29p a bottle due to Brexit October 18, 2016 Wine from the EU could increase by an average of 29p per bottle as a direct result of Brexit, drinkers have been warned. The latest statistics from the Wine and Spirit Trade Association show that an average bottle coming from within the EU could go up by 29p, and those from outside the EU could go [...]
