EU reform talks: David Cameron rejects status quo during European tour May 28, 2015 Prime Minister David Cameron put increased pressure on European leaders yesterday to support his EU reform agenda, saying late last night that “the status quo is not good enough.”. Speaking at a joint press conference in Paris with French President Francois Hollande, Cameron said that his proposed reforms would “address the concerns of the [...]
FCA watchdog Martin Wheatley: I am not hunting for bankers’ scalps May 28, 2015 Top watchdog Martin Wheatley yesterday denied he wants to “put heads on sticks” or to go “scalp hunting” in his campaign to make banks and managers more accountable. In a firm defence of the plan to make bosses of failed banks prove they took reasonable steps to mitigate risks, the Financial Conduct Authority (FCA) chief [...]
David Cameron goes Dutch on first leg of EU reform tour: The Netherlands is a good start as the PM looks for allies May 28, 2015 “Old friends and like-minded allies” was how David Cameron described the relationship between the UK and the Netherlands when he was in The Hague yesterday, kicking off his whistle-stop tour of visits to EU leaders to build up support for the changes he wants to made to European policy. “Like-minded” has certainly been the case [...]
David Cameron blitzes Europe as efforts are intensified to renegotiate European relationship May 28, 2015 David Cameron is travelling across European countries in an attempt to intensify his lobbying of EU leaders over his plans to renegotiate the terms of Britain's EU membership. Read more: EU referendum details emerge as David Cameron begins tour to win reform support The Prime Minister has embarked on a two-day tour of four European [...]
Fifa arrests: Vladimir Putin backs Sepp Blatter and slams US “meddling” May 28, 2015 Russian President Vladimir Putin has accused the United States of meddling in affairs beyond its jurisdiction by arresting a number of Fifa officials on charges of bribery and racketeering. In a televised statement, Putin described the arrests as "yet another blatant attempt [by the US] to extend its jurisdiction to other states" and a "clear [...]
Mike Ashley’s Sports Direct share price rises after raising profit outlook May 28, 2015 Sports Direct's share price shot up more than four per cent ahead after upping its profit forecast for its most recent financial year, ahead of its AGM today. The sportswear retailer's employees and major third party suppliers will gather to hear updates on the group's current and future performance, raised its profit and earnings outlook for [...]
EU referendum details emerge as David Cameron begins European tour to win reform support May 27, 2015 New details about the in/out referendum on Britain’s membership in the European Union have emerged today, as Prime Minister David Cameron sets off on a whistle-stop tour to meet with his European counterparts. The EU referendum bill, which the government will introduce in parliament today, includes the exact text that the electorate will be [...]
Tom Hayes recruited accomplices to manipulate Libor, court told May 27, 2015 Former UBS and Citi trader Tom Hayes spent years recruiting other bankers and brokers to help him manipulate Libor submissions, prosecutors claimed yesterday. Hayes, the first trader to face accusations in front of a jury, denies eight charges of conspiracy to defraud. Southwark Crown Court yesterday heard that he tried to recruit his step-brother, who works at [...]
Cameron has won over Britain’s entrepreneurs – now he must deliver May 27, 2015 THE Conservative Party’s victory at the General Election was good for entrepreneurs. Prior to it, 71 per cent of entrepreneurs in our Leap 100 poll, made up of the leaders of some of Britain’s most promising companies, were backing the Tories, versus just 6.6 per cent who wanted an Ed Miliband-led Labour Party. Elsewhere in [...]
Queen’s Speech 2015: Here’s everything that was said about the EU referendum, employment, tax, the Human Rights Act and Scottish devolution May 27, 2015 The EU referendum is on; taxes will be locked in at current levels and strike laws are being reformed. The Queen's Speech has come to an end, and we have been presented with the legislation the government intends to pursue over the coming parliamentary session. While global cooperation, reducing the deficit and sticking to the [...]
