by Chris Rogers | 29 Sep 2016 | Economy, European Union
Credit ratings agency Standard & Poor has insisted neither the UK or the Eurozone will experience a Brexit-induced recession, claiming “the sky hasn’t fallen on either side of the Channel.” S&P, which downgraded the UK from its AAA rating following the...
by Chris Rogers | 28 Sep 2016 | Economy, European Union
Scottish First Minister Nicola Sturgeon has called on Chancellor of the Exchequer Philip Hammond to use his Autumn Statement on 23 November to reverse austerity cuts, claiming the austerity policies had been “a major driver” in the UK vote to leave the European Union....
by Chris Rogers | 27 Sep 2016 | Politics
First thing’s first. Tomorrow’s keynote conference speech is not, to quote the hackneyed phrase, the most important of Jeremy Corbyn’s life. In retaining the Labour leadership with nearly 62 percent of the vote, Mr Corbyn pretty much guaranteed his leadership until he...
by Chris Rogers | 27 Sep 2016 | Economy, European Union
There has been further speculation about the potential impact of the Government opting for ‘hard Brexit’. The Times reports civil servants have warned that more than £10 billion of tax revenue could be lost if financial firms are not protected in negotiations. City...
by Chris Rogers | 27 Sep 2016 | Economy, European Union, Politics
Shadow Chancellor John McDonnell has committed Labour to maintaining the UK’s access to the EU Single Market in a keynote speech to the Party’s annual conference in Liverpool. In a wide-ranging speech setting out Labour’s economic priorities, Mr McDonnell said, “We...