These are likely to be the most pro-Europe places in Britain June 12, 2016 Where in Britain are the biggest supporters of remaining in Europe? According to one bookie, and perhaps surprisingly, it's not London which is expected to produce the biggest support for the Remain camp in the upcoming referendum, now less than two weeks away from the crunch vote. It's Edinburgh which Ladbrokes pegs as coming out as the top [...]
Farage on Brexit sterling slump: “So what?” June 12, 2016 Brexit supporter and Ukip leader Nigel Farage has said it won't matter if sterling falls if Britain votes to leave Europe in the upcoming referendum. "Even if sterling were to fall a few percentage points , so what?" he said, speaking on the BBC's Andrew Marr Show on Sunday morning. "It's a floating currency and it will [...]
Welby, Cleese and Dyson – the latest famous faces to take a side on Europe June 12, 2016 An Archbishop, a former Python and a top entrepreneur – these are the latest famous faces to align themselves with a side in the EU referendum campaigning over the weekend. Justin Welby, the Archbishop of Canterbury, has revealed he will be voting to stay in Europe in the referendum which is now less than two weeks [...]
Pensions are at risk from Brexit, David Cameron warns June 12, 2016 State pensions could be put at risk if Britain voted in favour of leaving the European Union Prime Minister David Cameron has warned. Free buss passes and TV licenses for pensioners would also be at risk from a "black hole" in the public finances, as would National Health Service and defence spending, he said. The government's commitment [...]
Pensions committee chair hits back at Sir Philip Green criticism: “Parliament doesn’t elect Trappist monks” June 11, 2016 The chair of the Work and Pensions Committee has defended his comments about Sir Philip Green and declined to resign from the BHS inquiry. The former BHS owner last night accused Frank Field MP of having a "bias against me" and demanded that he step away from the inquiry, which Green is due to appear [...]
Why is Amal Clooney at EY Entrepreneur of the Year? June 11, 2016 Amal Clooney says she and her husband, George Clooney, are looking for businesses to help them launch their first projects within a foundation that will help fight human rights abuses. Speaking at EY's World Entrepreneur of the Year in Monaco this morning, the international human rights lawyer made an appeal: "I actually have a couple [...]
Brexit could lead to another (emergency) Budget June 11, 2016 How about this as a motivation for a Remain vote in the EU referendum? A Brexit could lead to yet another Budget within weeks of the vote. City advisers have told the Times that, because a Brexit would result in a “substantial change” to official forecasts in March, an emergency Budget would have to be [...]
Pound falls to two-month low against the dollar after poll finds 10-point lead for Brexit June 11, 2016 The pound has dropped to a two-month low against the dollar after a new EU referendum poll showed a 10-point lead for Leave over Remain. A survey of 2,000 people by ORB for the Independent found a 55 per cent backing for Brexit and 45 per cent support for staying in the EU. Read more: Sterling steady [...]
CBE for Punks? Tracey McDermott, Brewdog founders and Aldermore boss receive awards in Queen’s Birthday Honours list June 10, 2016 The Queen has named the acting chief executive of the Financial Conduct Authority (FCA), the founders of craft brewery Brewdog and the boss of challenger bank Aldermore in her birthday honours list. Tracey McDermott, the soon-to-depart acting chief executive of the Financial Conduct Authority, will receive a CBE for services to financial services consumers and markets as part [...]
National Audit Office finds serious failings in procurement process of contract between UK Trade and Investment and PA Consulting June 10, 2016 The National Audit Office (NAO) has today slated both the government department and the consulting agency involved in a contract which saw the government being questionably charged for services. Among the report's criticisms are that UK Trade and Investment's (UKTI) governance of the procurement process for its contract with PA Consulting was weak, that the government department [...]