Interserve contract will deliver “double-digit cost savings” across government departments November 14, 2016 Civil servants promised big savings to taxpayers after agreeing a contract with Interserve to consolidate operations across six government departments. The FTSE 250 group today announced a deal with the departments that will be worth £40m over five years, which "hopes to achieve annual double-digit cost savings". Read more: Interserve wins place on £4bn construction framework John Manzoni, [...]
The new lord mayor must look to the future November 14, 2016 The City now has its 689th lord mayor. On Saturday, Andrew Parmley donned the traditional finery and paraded through the City in the magnificent State Coach that has carried his predecessors every year since 1757. The Lord Mayor’s Parade is one the most public-facing elements of Canada Corporation, which can lay claim to [...]
The world according to Trump: American nationalism now drives US foreign policy November 14, 2016 “Every good citizen makes his country’s honour his own.” – Andrew Jackson, seventh US President Donald Trump’s overall foreign policy views are not the mystery the highly-discredited commentariat presently make them out to be. He largely hews to what Walter Russell Mead calls the Jacksonian nationalist strain of American foreign policy, long a minority (if [...]
Shelve the EU’s anti-innovation precautionary principle to turbocharge the UK’s Fourth Industrial Revolution post-Brexit November 14, 2016 Thirty years ago, Big Bang launched a wave of technological change, transforming the City’s fortunes and securing its future. Facing down vested interests and naysayers, the Thatcher government understood that championing innovation would turbo-charge Britain’s economy – and seized the day. June’s EU referendum result was also a decisive turning point. Both Remainers and Leavers [...]
British ports would be liberated by quitting the customs union, according to a new report November 14, 2016 The potential of British ports could be unleashed in the aftermath of Brexit, if the UK quits the EU customs union, according to a new report. The Centre for Policy Studies is calling on Prime Minister Theresa May to create a raft of new “free ports” to improving manufacturing trade and regional growth. These are [...]
Theresa May is to promise an “unashamedly pro-business” government November 14, 2016 Prime minister Theresa May will today vow to lead an “unashamedly pro-business” government, while also vowing to crackdown on bosses that “game the system”. Speaking at the Lord Mayor's Banquet at the Guildhall tonight, May is expected to stress her desire to make the UK an attractive destination for businesses to invest after Brexit. Citing the [...]
Donald Trump names chief of staff and chief strategist November 13, 2016 President-elect Donald Trump has this evening named two senior members of his White House team. Stephen Bannon, the chief executive of Trump for President, will be chief strategist and senior counselor to the President, while Reince Priebus, republican national committee chairman, will be chief of staff. "I am thrilled to have my very successful team continue with me in [...]
Aberdeen wants companies to be forced to consult with shareholders over exec pay November 13, 2016 One of Britain's leading fund managers has said that executive pay rules should force boards to consult more closely with shareholders. A wave of shareholder revolts against executive pay rocked the AGM season earlier this year, while Prime Minister Theresa May weighed into the debate as she prepared to replace David Cameron in Downing Street this [...]
Trump latest: Five things you need to know on Sunday November 13, 2016 Five days in and the world is still absorbing the surprise news of Donald Trump being elected the 45th President of the United States of America. Here's everything you need to know on the latest reactions and developments waking up on Sunday morning. Nato chief speaks The head of Nato, the global security group which Trump [...]
Part-fence, part-wall? Donald trump speaks on US-Mexico border plans November 13, 2016 Donald Trump has admitted that his ambitious and contentious plans to build a wall along the US-Mexico border could, in fact, be built of "some fencing". Speaking to CBS's 60 Minutes show, the President-elect said: "For certain areas I would, but certain areas, a wall is more appropriate. I’m very good at this, it’s called construction." [...]