Executive pay is undermining the public’s faith in capitalism November 26, 2018 Question: what connects the leader of a York-based housebuilder with a car executive in Tokyo? Answer: both have recently been embroiled in scandals over top pay. Carlos Ghosn, chairman of Nissan, is under criminal investigation in Japan for under-reporting his remuneration to the Tokyo Stock Exchange and misusing company assets. Nissan removed him from post [...]
America’s call to kick China out of the WTO is in no one’s interest November 26, 2018 China has “misbehaved” when it comes to global trade. That’s according to one of Donald Trump’s key economic advisers, who suggested last week that China should be evicted from the World Trade Organisation (WTO). It’s a clever move from the US administration, which conflates its dissatisfaction with multilateralism with the President’s putative trade war. If you [...]
DEBATE: Do we need tighter rules to prevent unpaid internships and improve social mobility? November 26, 2018 Do we need tighter rules to prevent unpaid internships and improve social mobility? Sir Peter Lampl, founder and chairman of the Sutton Trust, says YES. In many sectors, young people early in their career are expected to “pay their dues” by working in a series of unpaid internships. The experiences and contacts gained really do help [...]
Prime Minister Theresa May will battle Jeremy Corbyn in TV debate over her Brexit deal November 26, 2018 Prime Minister Theresa May plans to challenge Jeremy Corbyn to a TV debate on the eve of parliament voting on her Brexit deal, it is reported. The Tory leader will take on her Labour counterpart in an event following a fortnight of campaigning across the country to drum up support for her draft withdrawal agreement, [...]
London looks to New York and Paris for advice on resilience in wake of Brexit November 26, 2018 London is looking to the likes of New York and Paris to help it tackle the challenges of Brexit, population growth and infrastructure needs by sharing advice and ideas with 100 other cities. City Hall has appointed London Assembly member Fiona Twycross as a new chief resilience officer to lead a "resilience strategy" for London, which [...]
Business groups give their verdict on EU rubber-stamped Brexit deal November 25, 2018 After 18 months of wrangling, Theresa May has finally won approval for her withdrawal deal from the EU's 27 leaders. When the Prime Minister announced last week that the withdrawal agreement had been approved by her Cabinet, many businesses welcomed the news, saying it afforded them more clarity after months of uncertainty. Here's what they had [...]
Done deal: EU leaders approve Brexit withdrawal agreement and future relationship November 25, 2018 Months of wrangling between Theresa May and Brussels came to an end on Sunday after all EU 27 leaders approved the Prime Minister’s contentious withdrawal agreement. EU member states agreed to the legally binding document that maps out the terms of the UK’s exit from the bloc. They also approved the declaration on the future [...]
Boris Johnson urges Democratic Unionist Party to continue to support Conservative government November 24, 2018 Boris Johnson has urged the Democratic Unionist Party (DUP), which props up Theresa May’s government, to continue to support the Conservatives. Speaking as a guest at the Northern Irish party’s conference today the former British foreign minister warned that terminating their support could result in a Labour government led by Jeremy Corbyn. “To our allies [...]
European Council president Donald Tusk recommends EU27 pass Theresa May’s Brexit withdrawal agreement tomorrow evening November 24, 2018 European Council president Donald Tusk has recommended that the 27 EU member states approve the Brexit withdrawal agreement at a summit in Brussels tomorrow. He said the objectives of the negotiations – to minimise uncertainty and disruption, settle the status of EU citizens in the UK, avoid a hard border in Ireland, ensure the UK [...]
Chancellor Philip Hammond says Brexit deal better than staying in the European Union ahead of May’s summit with EU leaders November 24, 2018 Chancellor Philip Hammond has said Theresa May's Brexit deal is better than staying in the EU, as the Prime Minister heads to Brussels for a summit with European leaders. Hammond said he disagreed with Democratic Unionist Party (DUP) leader Arlene Foster who said the deal was a worse outcome for Britain than a Jeremy Corbyn [...]