David Cameron: The migration crisis will not be solved by Britain accepting more refugees September 2, 2015 Prime Minister David Cameron has responded to calls for Britain to take more refugees, arguing it will not solve the migration crisis. Talking to the BBC, Cameron said: "I don't think there is an answer that can be achieved simply by taking more and more refugees." However, yesterday German Chancellor Angela Merkel told journalists at [...]
Labour leadership race: Shadow business secretary Chuka Umunna urges unity after election, with 10 days to go until result September 2, 2015 No matter what the result of the Labour leadership race is, the party must show unity after the result of the vote, shadow business secretary Chuka Umunna has said. In a speech to think tank Policy Network, Umunna said: “I do not think we can simply dismiss out of hand those who hold critical views [...]
With China in turmoil, now is the time to celebrate our relationship with India September 2, 2015 As all eyes are fixed on China’s market turmoil, India is bullish about it’s own prospects. India’s economy is set to grow the fastest this year, at a projected rate of 7.5 per cent, according to the IMF. India’s consistently high economic growth rate and its lead position in the latest Baseline Profitability Index provide [...]
Why your chief executive should wear a hoodie: Those with the technical know-how are increasingly in demand for the top jobs September 2, 2015 In the early days of a startup, once your company achieved scale, the technical founder would step back to be replaced with a “professional chief executive”. This used to be commonplace; everyone from Cisco to eBay went through the management team merry-go-round. But the tide is turning and there is a growing acceptance [...]
Labour candidates turn fire on Jeremy Corbyn in last-ditch vote push September 1, 2015 Jeremy Corbyn’s economic policies came under sharp criticism yesterday as his opponents in the Labour leadership contest used one of their last public debates to attack the front-runner. In a live, televised hustings, Yvette Cooper called so-called Corbynomics “dodgy economics”, saying that the Islington North MP’s proposals for a “people’s quantitative easing” were “not responsible” [...]
Folly of the Corbynistas: There’s nothing mainstream about Labour leadership hopeful Jeremy Corbyn’s economic plans September 1, 2015 A group of economists recently hit the headlines with their claim that Jeremy Corbyn’s policies are supported by mainstream economics. Perhaps the best known of them is David Blanchflower, a Monetary Policy Committee member when Gordon Brown was chancellor. He predicted before the 2010 General Election that, under the Conservatives, unemployment would rise [...]
Investors urged to vote against Mike Ashley and Keith Hellawell at Sports Direct AGM as USC, zero-hour contracts issues rage on September 1, 2015 Sports Direct investors are being advised to vote against both founder Mike Ashley and chairman Keith Hellawell retaining their seats on the board ahead of next week's AGM. Investor group Pirc is recommending six of the 15 resolutions be opposed, and three abstained. Its biggest concern was the large number of staff employed on [...]
Farage: Ukip is launching its own anti-EU campaign, but won’t seek to be the official leader of the “no” movement September 1, 2015 Ukip is gearing up to launch its own anti-EU membership campaign, but the party won't seek designation as the official leader of the "no" movement. Read more: Ukip leader Nigel Farage gets tough on Brexit: “David Cameron’s attempts at renegotiation are embarrassing” In an interview with Radio 4's Today programme, party leader Nigel Farage [...]
UK income tax haul from non-doms has risen 7 per cent and hit £6.6bn last year August 31, 2015 The amount of income tax paid by so-called “non-doms” based in the UK has risen by seven per cent, according to a new report out today from Pinsent Masons, the global law firm. According to the report, non-doms – individuals claiming certain tax benefits because their permanent home is outside of the UK – [...]
Europe’s hidden political crisis: Internal Eurozone disagreements over Greece could have deep-seated implications – CNBC Comment August 31, 2015 The Eurozone economy may be showing signs of strength this year, thanks in part to the European Central Bank’s (ECB) massive bond-buying programme but, politically, Europe is struggling. And we can thank Greece for that. ECONOMIC BOOST The forecast for GDP growth for Europe is much stronger this year than it was in 2014 [...]
