Theresa May has a “general prejudice” against Chinese investment, says Vince Cable after Hinkley Point decision is delayed July 30, 2016 The new prime minister has a “general prejudice” against Chinese investment into the UK, Sir Vince Cable has claimed. The former Liberal Democrat business secretary, who worked with new PM Theresa May in government when she was home secretary, also revealed she had “raised objection” to the Hinkley Point project, which is backed Chinese investment. [...]
YouGov survey finds Scots favour UK over EU – even if it means losing Single Market access July 30, 2016 Scotland would choose being part of the UK over the EU, a new survey suggests. A YouGov poll of 1,006 Scots also found “no real shift towards independence” after the UK’s Brexit vote. This is despite the fact a majority in Scotland voted in favour of Remain. Read more: Sturgeon says Scotland can consider prospect of independence [...]
Ready when you are: EDF boss understands why government needs a “little time” to consider Hinkley Point July 30, 2016 The head of French energy group EDF has said he understands why the UK government needs a “little time” to consider the Hinkley Point project. But Vincent de Rivaz said in an open letter to staff, sending a message of “continuity and confidence”, that EDF is ready when the UK government is. Earlier this week, in a [...]
Sigh. Yes, the Treasury has a cat too July 29, 2016 Morning Wire prides itself on reporting the most important financial news as soon as it happens. No matter how small the story, we make sure you are up to date with everything going on in the financial sector. And so, it is with a deep and shuddering sigh we bring you the news that, like 10 [...]
Aviation minister Lord Ahmad considering cracking down on airport alcohol sales July 29, 2016 The UK's new aviation minister has shaken many a business traveller with the news that he will examine how alcohol is sold in airports, after several recent incidents involving drunk passengers. Lord Ahmad has said he will "look at" the times alcohol is on sale at British airports and consider passenger screening measures before boarding [...]
PM’s takeover test may do more Arm than good July 29, 2016 We're less than a month into Theresa May’s administration but there’s already a worrying air of economic policy schizophrenia drifting through Whitehall. The new Prime Minister has the most daunting in-tray of any incoming Premier for decades, but she needs to flesh out her vision for corporate Britain fast; what she has offered so far [...]
Nuclear fallout: Government cools on Hinkley Point after EDF approval July 29, 2016 A decision by the board of French energy giant EDF to approve construction of two new nuclear reactors at Hinkley Point in Somerset was given a lukewarm response by Theresa May’s government last night. In a shock move, business and energy secretary Greg Clark said the government will now review the details and make a decision [...]
A final verdict on the construction of Hinkley Point C has been delayed to early Autumn, despite EDF approving the project today July 28, 2016 A decision by the board of French energy giant EDF to approve construction of two new nuclear reactors at Hinkley Point in Somerset was given a lukewarm response by Theresa May's government last night. In a shock move, business and energy secretary Greg Clark said the Government will now review the details and make a decision [...]
Jeremy Corbyn’s name to stay on Labour leadership ballot, decides London court July 28, 2016 Jeremy Corbyn's name will be staying on the ballot for Labour party leadership race, after the high court found in the current leader's favour. The legal challenge was brought by Labour party donor Michael Foster after Labour’s National Executive Committee ruled that Corbyn would be automatically included on the Labour leadership ballot. The decision meant Corbyn [...]
The yawning gap between Labour supporters and the general public has been illustrated by a new survey July 28, 2016 A new survey has revealed the widening gulf in opinion between Labour supporters and the voting public, with the two sides disagreeing on which of the party's leadership candidates would make the best Prime Minister. In a survey of 1545 UK adults, pollster BMG found that 57 per cent of voters said that leadership challenger [...]