BoE governor Mark Carney urges the City to step up on climate change February 27, 2020 Outgoing Bank of England governor Mark Carney has demanded the City answer “calls to action” on climate change and help speed up the transition to a low-carbon economy. In a speech given in the City this morning, Carney is expected to call on money managers to “ensure that every financial decision takes climate change into [...]
Exclusive: MPs warn over scrutiny as Downing Street prepares to ‘anoint’ friendly face in key role February 26, 2020 Downing Street is considering a controversial move to appoint its own chair of a powerful parliamentary committee – subverting parliamentary convention. The move would be seen as the latest attempt by Number 10 to avoid scrutiny after recent brouhahas over journalists’ access to key briefings. The chair of the Liaison Committee – the only committee [...]
The Democrats face a beating if they choose Bernie Sanders as their presidential nominee February 26, 2020 In December 2019, a peculiar experiment in British politics hit the buffers in a most brutal manner. One of our great political parties — Labour — had gambled that it could swing radically leftwards away from the ideological centre ground. Its expectation was that it would win a sweeping victory with an enhanced coalition of [...]
Barclays prepares to begin hunt for Jes Staley’s replacement February 24, 2020 Barclays is preparing to begin the search for a new chief executive to replace Jes Staley, making it the latest European bank to hunt for new leadership. Staley, who has led the banking giant since 2015, has told colleagues he expects to leave Barclays by the end of next year, according to the Financial Times. [...]
Like a boss: Cherie Blair on helping women start their own business February 24, 2020 We tend to associate entrepreneurship with opportunistic founders operating out of bustling Silicon Valley hubs — or perhaps more specifically the five American tech giants whose combined market value, it was reported recently, has increased by $1.3 trillion in the past year. In fact, entrepreneurship exists wherever you are. The sharing economy is producing millions [...]
Dominic Cummings’ war on conventions is just getting going February 19, 2020 Much is being made of Dominic Cummings’ supposed overreach this week. His attack on the BBC proved so brutal that even Auntie-sceptic John Whittingdale blanched, while one of Number 10’s newly-hired “weirdos and misfits” had voiced his support for marital rape and sympathy for eugenics in online forums. Andrew Sabinsky’s Downing Street career lasted just [...]
Trump’s tweets ‘make it impossible for me to do my job’, says William Barr February 14, 2020 US attorney general William Barr has said President Donald Trump’s use of Twitter “make it impossible for me to do my job” amid a high profile court case. His comments came in response to claims Trump pressured the Department of Justice (DoJ) into recommending a reduced jail sentence for the President’s former adviser, Roger Stone. [...]
Mark Zuckerberg ‘accepts’ Facebook may have to pay more tax in Europe February 14, 2020 Facebook boss Mark Zuckerberg says he recognises that tech giants may to have pay more tax in Europe in future. The social media giant’s founder said he understood the “frustration” surrounding the issue and backed plans from think tank, Organisation for Economic Co-operation and Development, to find a global solution. Facebook and other tech giants [...]
New-look cabinet to meet later after Sajid Javid’s shock exit February 14, 2020 Boris Johnson’s newly reshuffled cabinet will meet for the first time later today after the shock departure of chancellor Sajid Javid. His deputy, Rishi Sunak, is the new Treasury boss after Javid refused to sack his special advisers in order to keep his job. He said “no self-respecting minister” could agree to Prime Minister Boris [...]
After New Hampshire, the search is on for someone – anyone – who can take on Trump for the Democrats February 13, 2020 It was Harold Wilson, the Labour Party’s mid-twentieth century great hope and conjurer of election victories, who first coined the phrase “a week is a long time in politics”. How America’s Democrats could use a politician of his skills and standing as they examine their last week. It wasn’t supposed to be like this. At [...]