EU referendum: Hitachi chairman Hiroaki Nakanishi says Brexit may lead to cut to jobs and operations in UK June 7, 2016 Hitachi could cut jobs and operations in the UK if it votes to leave the EU, the company's chairman Hiroaki Nakanishi has warned. The Japan-based company, best known for its electronics, is a "serious and long-term investor in the UK", Nakanishi continued, as he explained how Brexit will affect Hitachi. "We have invested over £1bn creating new jobs in [...]
EU referendum voter registration deadline is today: Here’s everything you need to know about how to register to vote June 7, 2016 There isn't much time left to register to vote in the EU referendum – the deadline is rushing towards us faster than the Vote Leave battlebus… What you need to know about registering to vote in the EU referendum When is the deadline? Midnight on 7 June (that's today) is the last time you can register to vote in [...]
Sports Direct founder Mike Ashley to answer MPs’ questions this morning June 7, 2016 Sports Direct's billionaire founder Mike Ashley will finally face MPs' questions this morning, after months of avoiding calls to appear in front of the business, innovation and skills (BIS) select committee. Ashley will be quizzed over allegations about working practices at the company's Shirebrook warehouse in Derbyshire. Sports Direct has been criticised for its treatment [...]
US Presidential election 2016: Hillary Clinton secures Democratic Party nomination June 7, 2016 Hillary Clinton has enough delegates to secure the Democractic Party's nomination for the 2016 US presidential election, according to the Associated Press. Clinton has won the support of 2,384 delegates according to the news agency's calculations – one more than she needs to win nomination at the party's national convention at the end of July. The tally [...]
EU referendum: Brexit could cause significant staffing issues for NHS while pharmaceutical sector would suffer June 7, 2016 There are "substantial risks for the country's health sector" if the UK votes for Brexit, a new report has warned. A report by the Economist Intelligence Unit (EIU) argues that the economic and political implications of Brexit, which are described as gloomy, could have direct implications for the health sector. First, if the economy does indeed [...]
Leave vote would hit British exporters with £79,500 bill says Remain camp June 7, 2016 A Brexit vote would leave UK exporters facing a £34.4bn “export tax” generated by non-tariff barriers, according to analysis from Remain campaigners. Sums from Britain Stronger in Europe show an average cost of £79,500 for each British business exporting to the EU. Business secretary Sajid Javid and former European trade commissioner Peter Mandelson will unveil [...]
Lib Dem leader Tim Farron has attacked “lily-livered” and “chicken” Labour MPs for failing to side with his party on civil liberties June 6, 2016 Liberal Democrat leader Tim Farron yesterday launched a scathing attack on “lily-livered” and “chicken” Labour MPs for failing to join his party in working against a so-called Snoopers’ Charter. MPs are debating the Investigatory Powers Bill this week, and the Lib Dems sought to band together with MPs from the SNP and Labour, as well as [...]
The Institute for Fiscal Studies has attacked Michael Gove over claims that Brexit could generate billions for the NHS June 6, 2016 The Institute for Fiscal Studies has condemned justice secretary Michael Gove's claims that a Brexit vote would free up billions to be spent on the NHS. Speaking on Sky News on Friday, Gove said: “There are billions of pounds that we send to the European Union every year and the Institute for Fiscal Studies has [...]
Referendum campaigners must do more to explain the implications for tax June 6, 2016 Both sides of the EU referendum campaign have failed to explain how the vote will affect individual and corporate taxes, according to accountancy experts. While Remain campaigners have been hitting out at their Brexit peers for failing to articulate a vision for the future, accountancy software expert TaxCalc had said neither side has presented a compelling answer [...]
World Energy Council slams UK’s “challenging” roll-out of smart meters June 6, 2016 The UK’s roll-out of smart meters has been slammed as “challenging” by the World Energy Council. Andrea Buser, a manager at the UN-accredited body, told City A.M: "In the UK there have been delays, concerns over [smart meters'] communication problems and consumer backlash about privacy questions". The government is about to kickstart an ambitious programme [...]