UK enters first round of talks for $9 trillion 11-country CPTPP trade bloc September 28, 2021 The UK entered its first round of negotiations with the 11 member states of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The CPTPP, with a combined GDP of £9 trillion, would offer the UK access to some of the world’s fastest growing economies, including Japan, Australia, Canada and Chile. “Less than a fortnight [...]
Canada Corporation calls on Labour to support growth of UK financial services September 28, 2021 Canada’s local authority has called on Labour to give more vocal support to the financial services sectors post-Covid. Canada Corporation urged Labour “to support and promote the growth of financial and professional services across the UK” to drive the economic recovery. Shadow chancellor Rachel Reeves did not mention financial [...]
Andy McDonald quits Labour shadow cabinet with attack on Starmer September 27, 2021 A Corbynite Labour MP has today resigned from the shadow cabinet and launched an attack on leader Sir Keir Starmer. Middlesbrough MP Andy McDonald resigned during the third day of the Labour party conference in Brighton, claiming that he refused orders from Starmer to argue against a £15 minimum wage at an event. In a [...]
Jealousy drove Labour MP Claudia Webbe to threaten partner’s friend with revenge porn September 27, 2021 Labour MP Claudia Webbe allegedly made a string of phone calls to a women in a campaign of harassment between September and April last year. The MP threatened to send naked pictures of 59-year-old Michelle Merritt to her family because she was jealous of her friendship with her partner, a court heard today. During one, [...]
Tory ‘scum’ row widens: Angela Rayner tweets Boris Johnson should apologise for ‘racist, homophobic and sexist’ comments September 27, 2021 Angela Rayner today continued to stoke the ‘Tory scum’ row, even though colleagues including party leader Sir Keir Starmer are distancing themselves from her remarks. Rayner challenged Boris Johnson to sit down with her and apologise for his own “racist, homophobic and sexist” comments before she says sorry for her verbal attack on Conservatives. She [...]
Labour conference: Reeves pledges to spend £252bn on green investment by 2030 September 27, 2021 Labour will spend £252bn on a package of green investment if it wins government at the next election, shadow chancellor Rachel Reeves has announced. Reeves today said she would spend £28bn a year on green infrastructure “to unlock that potential, create secure jobs and protect our planet for future generations”, while also declaring that the [...]
This A.M.: Evergrande concerns take a back seat while German election ends in gridlock September 27, 2021 Despite hitting two-month lows last week, markets in Europe eventually managed to finish higher, on the week, reversing a run of three successive weekly losses. Concerns about contagion effects from Evergrande haven’t gone away, but they appear to have taken a back seat to worries about supply chain blockages, surging energy prices and rising inflationary [...]
Germany election latest: Merkel’s party beaten, both Scholz and Laschet eye chancellorship September 27, 2021 The Social Democrats led by Olaf Scholz are heading for victory in Germany’s national election, beating outgoing Chancellor Angela Merkel’s centre-right Union bloc in a closely-fought race. Election officials said early this morning that a count of all 299 constituencies showed the Social Democrats, the SPD, won 25.9 per cent of the vote, ahead of [...]
Sadiq Khan to call for Labour unity as he sets out his stall for future leadership bid September 27, 2021 Sadiq Khan will today call for a fractious Labour party to unite before fighting the next election, while also trumpeting his own achievements as London mayor in what is being seen as an attempt to set out his stall for a future leadership bid. Khan is expected to say that “Labour is already making a [...]
Labour vows to scrap business rates if elected in tax shakeup September 26, 2021 Major UK business groups have thrown their weight behind new Labour plans to cut and then entirely scrap business rates in what is being billed as “the biggest overhaul of business taxation in a generation”. Shadow chancellor Rachel Reeves will tell the Labour party conference in Brighton tomorrow that a Labour government would replace business [...]