The UK government must remember to tackle corruption at home as Cameron’s anti-corruption summit gets underway in the wake of the Panama Papers May 12, 2016 The Prime Minister's invitation to representatives of other governments to attend an Anti-Corruption Summit in London looked like a good idea when he announced it a year ago. Before, that is, he chose to insult two of the guests. The gaffe has already drawn quick rebuttals from the two countries, with the Nigerian President claiming [...]
Sadiq Khan’s rent caps could benefit London landlords May 12, 2016 London’s newly elected mayor, Sadiq Khan, has already committed to making the London housing crisis a priority. He has announced a raft of policies aimed at helping the capital’s two million private renters, and one is attracting particular scrutiny and controversy – the introduction of a London rent cap. Few people doubt rents in London [...]
Former chancellor says Carney’s Brexit intervention could trigger an economic crisis May 12, 2016 Former chancellor of the exchequer Lord Lamont has warned Mark Carney that his Brexit warnings could spark an economic crisis. The Conservative politician, who is now part of the official campaign group, Vote Leave, said the governor of the Bank of England should choose his words more carefully as he dismissed Carney's claims that Brexit was the most significant risk [...]
British cities and regions need to seize the opportunity provided by HS2, says think tank May 12, 2016 British cities and regions should seize the opportunity provided by HS2 to generate economic growth, according to a new report. The study by the Independent Transport Commission found that there could be social and economic benefits brought by HS2, and that British cities should jump on the once-in-a-generation public infrastructure investment project. The reviewed current [...]
EU referendum: Brexit could plunge UK into recession, claims Bank of England governor Mark Carney May 12, 2016 A vote to leave the European Union could plunge the UK into recession, Mark Carney warned today. The Bank of England governor said the the effects of Brexit "could possibly include a technical recession" as the Bank said a vote to Leave would lead to a "material" slowdown in growth, lead to higher unemployment and higher [...]
Mayor of London Sadiq Khan welcomes more armed police in London May 12, 2016 Newly-elected Mayor of London Sadiq Khan has welcomed the news that 400 more armed police will be ready for deployment in the capital as soon as April next year. At a Metropolitan Police armed response training exercise in central London, Khan thanked the 600 police officers who have volunteered to undertake firearms training, as part [...]
Making it harder to become a citizen will not solve the net migration problem May 12, 2016 Seen from the government’s point of view, the pathway to citizenship for immigrants to Britain should be as tough as possible. Since Theresa May became Home Secretary, a host of measures has been introduced to make the route from arriving to citizenship harder than it has ever been. The cost of citizenship in Britain is [...]
Sadiq Khan will need to be radical in his thinking to solve London housing crisis May 12, 2016 The election of Sadiq Khan as London's new mayor neatly demonstrates what makes London a great city. Through his victory, Khan highlights that London is a city of opportunity where success is not dependent on a privileged upbringing. However, the attraction of London – thanks to its thriving economy and its ability to attract talent – [...]
EDF warns Hinkley Point C costs could rise by nearly £3bn May 12, 2016 EDF has warned that the cost of building two nuclear reactors at Hinkley could be nearly £3bn more than planned, while the start date could be pushed back to 2026. The project, which was previously expected to cost £18bn, is at the heart of the government's energy policy. Britain is facing a supply crunch as its [...]
EU referendum: National Insurance registrations shows immigration to be higher than thought because of short-term migration, ONS says May 12, 2016 The number of non-UK nationals registering for National Insurance (NI) numbers is higher than other official statistics due to short-term migration, long-awaited analysis has shown. The Office for National Statistics (ONS) found a large number of people entered the UK for a short period of time (one to twelve months) over the past two years, which [...]