Author: Miles Donavan
‘Because of Brexit, because of the way the world’s evolving, the talent that was more centred here is more mobile’ Brexit has had a damaging effect on London’s status as a global financial hub, with talent leaving the country, the boss of Goldman Sachs has warned, and other European cities benefitting. David Solomon, chairman and chief executive of the bank, said it is diverting staff away from London to rival cities such as Paris, Frankfurt and Munich, following the vote to leave the EU. Speaking to Sky’s The Master Investor Podcast with Wilfred Frost, he said: “The financial industry is still driven by…
‘Words must be matched by action’ The Trades Union Congress has today called on the government to immediately recognise Palestine and suspend the UK’s trade deal with Israel. The union body has said that given Israel’s ongoing violations of international law, it is “plain wrong” that Israeli goods are being imported to the UK with reduced tariffs. In May, the government suspended trade talks to upgrade its free trade agreement with Israel. However, the current UK-Israel trade deal, which was agreed in 2022, remains in place. UK imports from Israel were £2.5 billion in the four quarters to the end…
Party sources claim the bills were racked up by someone who has now left Reform Reform UK spent £350 on a bottle of champagne at a luxury lunch and a £989-a-night hotel with hundreds of pounds in room service, its election campaign spending data has revealed. According to the Guardian, during one £1,703 lunch at the Shard restaurant in May 2024, about four diners enjoyed set-course meals, the £352 magnum of champagne, another £155 bottle of Veuve Clicquot, three cocktails at £19.50 each, two £18 wines, a £24 gin and tonic, and an 18-year-old Glenfiddich whisky at £31. Electoral Commission…
The US president is expected to arrive for a five-day private visit to his luxury golf resorts at Turnberry in Ayrshire and Menie in Aberdeenshire. Donald Trump’s upcoming visit to Scotland is set to take place on Friday this week, and will cost the UK taxpayer more than £14 million. Trump’s expected visit to Scotland is separate to his full state visit to the UK. The US president is expected to arrive for a five-day private visit to his luxury golf resorts at Turnberry in Ayrshire and Menie in Aberdeenshire. The Republican is set to open a new 18-hole golf…
Javier Milei has taken a chainsaw to the Argentinian state and caused poverty to soar to over 50% Tory leader Kemi Badenoch has made another astonishing statement, saying that she wants to be like far-right Argentinian President Javier Milei. Badenoch said in an interview with the Financial Times that she would use Milei as “the template” to renew her flagging party and the UK. In the interview, she was asked whether Britain needs a Milei, and whether she was such a politician. She replied: “Yes and yes”. This isn’t the first time the Tory leader has heaped praise on the…
Debate on the funding of social care always emphasises the costs, not the financial gains Debate on the funding of social care always emphasises the costs, not the financial gains, – the ‘unaffordability’ of change. In this article, we want to look at the funding anew. This debate is particularly important as the Casey Commission gets under way. First, we need to be clear what sort of social care and support we want End Social Care Disgrace campaigns for a National Care, Support and Independent Living Service (NaCSILS) which will be publicly funded, free at the point of use and publicly…
Two in five families (39%) said they would likely use a clothing bank Damning statistics have been released by the Child Poverty Action Group today, showing that almost half of parents in low-income households will likely need a foodbank this summer, as many struggle to make ends meet during the holidays. The summer holidays can be challenging for many families living in poverty, with parents worrying they will not be able to afford things for their children who are out of school, from basic necessities like food, to trips, or clothes. The Child Poverty Action Group (CPAG) surveyed 1,058 UK…
Far-right groups including neo-Nazi group the Homeland Party are behind the protests Since 13 July, there have been three protests outside a hotel housing asylum seekers in Epping, Essex. The protests began after Hadush Kebatu, a man living at the Bell Hotel in Epping, was charged with sexual assault, harassment, and inciting a girl to engage in sexual activity following an alleged attempt to kiss her in the town centre. Kebatu denies the offences. The protesters say they are acting to protect local children. Counter-protesters from Stand Up to Racism have also attended demonstrations in both Epping and Canary Wharf.…
“It’s time for a new kind of political party. One that belongs to you.” Jeremy Corbyn and Zarah Sultana have today confirmed that they’ll be setting up a new political party. In a statement shared on social media platforms, the pair said: “It’s time for a new kind of political party. One that belongs to you.” The statement went on to say: “It’s time for a new kind of political party. One that is rooted in our communities, trade unions and social movements. One that builds power in all regions and nations. One that belongs to you. “Sign up at…
Reform has come under fire over plans to spend thousands on political advisors Reform-led Warwickshire County Council pushed through plans yesterday to spend £150,000 a year on political advisers. The new 19-year-old leader of the council, George Finch, put forward the proposals, which were narrowly approved yesterday. This is despite Reform having promised to cut “wasteful spending” within councils before the local elections in May. The plan will allow the three main parties on the council, Reform, the Lib Dems and the Tories to each hire a political assistant funded by the taxpayer. The Lib Dems, Labour and Green Party…
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