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.... Or Klansmen, or terrorists. Democrats, Republicans, and others must all agree on this, and it compromises nothing for them to do so. ... [Read full article on Guardian ]
Friday 18th of August 2017 03:04:46 AM
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.... The consortium also includes Macquarie’s in-house infrastructure fund and the Universities Superannuation Scheme, a pension fund for British higher education institutions. Sir Vince Cable, the Liberal Democrats leader, who started the bank as business secretary when in coalition with David Cameron’s Conservatives, said the deal was “a sad day for environment and green investment in the UK” and that he had “little confidence that new private owners have a green mission”. ... [Read full article on Guardian ]
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....Their complexity, and the fact that they favour companies and individuals with the greatest wealth, means that understanding and exploiting the benefits of tax relief is a vast industry. Every government, including David Cameron’s coalition with the Liberal Democrats, has promised to cut back on the number of reliefs and tackle the avoidance and evasion it inevitably promotes, and each has failed. ... [Read full article on Guardian ]
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.... But we recently learned that Fox News published a fabricated a story about the circumstances surrounding the death of a young man, Seth Rich, who was a Democratic party aide. The concocted and discredited story – which Fox retracted a week later – alleged that Rich was murdered by Democrats because he was involved in leaking the hacked emails that embarrassed and hurt the campaign of Hillary Clinton. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 10:00:36 AM
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Latest Finance News related to Democrats

There are now more than 1,000 tax relief schemes. Give us a break image
Source : Guardian [Read Article] Sunday 20th of August 2017 06:00:35 AM
....Their complexity, and the fact that they favour companies and individuals with the greatest wealth, means that understanding and exploiting the benefits of tax relief is a vast industry. Every government, including David Cameron’s coalition with the Liberal Democrats, has promised to cut back on the number of reliefs and tackle the avoidance and evasion it inevitably promotes, and each has failed. ...
Government faces fresh criticism over Green Investment Bank sell-off image
Source : Guardian [Read Article] Friday 18th of August 2017 01:05:09 PM
.... The consortium also includes Macquarie’s in-house infrastructure fund and the Universities Superannuation Scheme, a pension fund for British higher education institutions. Sir Vince Cable, the Liberal Democrats leader, who started the bank as business secretary when in coalition with David Cameron’s Conservatives, said the deal was “a sad day for environment and green investment in the UK” and that he had “little confidence that new private owners have a green mission”. ...
'No good Nazis': James Murdoch criticises Trump over Charlottesville image
Source : Guardian [Read Article] Friday 18th of August 2017 03:04:46 AM
.... Or Klansmen, or terrorists. Democrats, Republicans, and others must all agree on this, and it compromises nothing for them to do so. ...
Will 2017 be Rupert Murdoch's summer of despair? | Jill Abramson image
Source : Guardian [Read Article] Wednesday 16th of August 2017 10:00:36 AM
.... But we recently learned that Fox News published a fabricated a story about the circumstances surrounding the death of a young man, Seth Rich, who was a Democratic party aide. The concocted and discredited story – which Fox retracted a week later – alleged that Rich was murdered by Democrats because he was involved in leaking the hacked emails that embarrassed and hurt the campaign of Hillary Clinton. ...
Jacques Delors foresaw the perils of austerity. How we need his wisdom now | Mark Seddon image
.... In America, hitherto loyal Democrat-supporting blue-collar voters turned to that denouncer of free trade agreements, Donald Trump. When last September candidate Trump denounced Ford’s plan to shift small automobile production to Mexico, and Hillary Clinton said precisely nothing, this was perhaps the moment the penny began to drop that the Clinton Democrats could yet lose. ...
US firm Vantiv to buy British rival Worldpay for £9.3bn image
Source : Guardian [Read Article] Wednesday 9th of August 2017 01:55:20 PM
....”. When the takeover talks were first announced last month, Sir Vince Cable, leader of the Liberal Democrats and former business secretary, said the transaction represented “cheap pickings”. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
.... Instead, there was a sense of resignation in the hall: an acceptance by a party of the left that the right had won the economic argument. In the early years of the 21st century, the inevitability of an ever more competitive, deregulated, internationally orientated market economy, to which both government and society were subordinate – a doctrine often called neoliberalism – was accepted right across the mainstream of British politics: from the Thatcherites who still dominated the Conservative party; to the increasingly pro-business Liberal Democrats, who would soon form a coalition government with the Tories; to the Scottish National party, whose then leader Alex Salmond praised Ireland and Iceland for their low corporate taxes; to the Blair cabinet itself, where, I was told by a senior Labour figure in 2001, “You won’t find a single member with anything critical to say about capitalism. ...
Why is Google spending record sums on lobbying Washington? image
Source : Guardian [Read Article] Sunday 30th of July 2017 11:00:18 AM
.... Last year it ranked No 2, behind Comcast. Given the increased antitrust scrutiny that is coming from the Democrats’ new “Better Deal” policy platform, Donald Trump’s random tweets attacking Google’s fellow tech giant Amazon for its connection to the Washington Post, and his adviser Steve Bannon’s recent comments that Google and Facebook should be regulated as utilities, it is likely Google will only increase its lobbying expenditure in the next few months. ...
Donald Trump's tax cuts for the rich won't make America great again | Joseph Stiglitz image
.... That’s a political imperative: with corporations sitting on trillions of dollars in cash while ordinary Americans are suffering, lowering the average amount of corporate taxation would be unconscionable – and more so if taxes were lowered for the financial sector, which brought on the 2008 crisis and never paid for the economic damage. Moreover, Senate procedures dictate that to enact tax reform with a simple majority, rather than the three-fifths supermajority required to defeat an almost-certain filibuster by opposition Democrats, the reform must be budget-neutral for 10 years. ...
Good for the rich, bad for the poor: Trump’s healthcare plan is a lot like his tax plan image
. Amid all the yelling and screaming over the future of US healthcare, it’s not surprising that the points on which Trump, his party and even some Democrats agree on have gone largely unnoticed. ...
The promise of a new era at Sports Direct must also mean new personnel image
Source : Guardian [Read Article] Thursday 20th of July 2017 06:48:36 PM
....Some submissions may be copycat petitions. Some – like the letter from Ed Miliband, the former Labour leader, and Sir Vince Cable, the new leader of the Liberal Democrats – have infuriated a Murdoch camp that wants to see “political interference” at every turn. ...
Deutsche Bank expects subpoenas over Trump-Russia investigation image
Source : Guardian [Read Article] Wednesday 19th of July 2017 11:26:20 PM
....Deutsche’s relationship with Trump and questions about hundreds of millions in loans have dogged the German bank and the White House for months. They have also been the subject of intense scrutiny among some Democrats on Capitol Hill, who have demanded the bank turn over detailed information about the president’s accounts. ...
Improve the Brexit offer to EU citizens, or we’ll veto the deal | Guy Verhofstadt image
....• Guy Verhofstadt is an MEP, and chairs the European parliament’s Brexit steering group. The article was co-written with a cross-party group of MEPs: Manfred Weber, chair of the European People’s party group; Gianni Pittella, chair of the Socialists and Democrats group; Gabi Zimmer, chair of the European United Left-Nordic Green Left group; Ska Keller and Phillippe Lamberts, co-chairs of the Greens-European Free Alliance group; Elmar Brok, member of the Brexit steering group; Roberto Gualtieri and Danuta Hubner, both members of the Brexit steering group. ...
The Guardian view on abolishing student fees: easier to say than to do | Editorial image
.... In 2006, Lord Adonis raised the level to £3,000 so that student numbers could be expanded without taxes needing to rise. All the same, this co-funding with the state cost Labour: the Liberal Democrats’ infamous pledge to abolish fees at the 2010 election had as dynamic an effect on the student vote in university towns like Cambridge, Leeds, Sheffield and Cardiff as Labour’s pledge did in places like Canterbury in 2017. ...
City firm Nex to pay back donations made to Tory election candidates image
Source : Guardian [Read Article] Wednesday 5th of July 2017 07:34:34 PM
. A City business run by a former Conservative party treasurer has agreed to pay back donations made to five of the party’s general election candidates running against Liberal Democrats following a shareholder revolt. ...
Worldpay buyout by Vantiv reignites debate over foreign takeovers image
Source : Guardian [Read Article] Wednesday 5th of July 2017 03:04:35 PM
....On Wednesday, after Worldpay said it had agreed terms about a “possible offer” with Vantiv, JP Morgan pulled out and Worldpay’s shares ended 8% lower at 372p – the biggest fallers in the FTSE 100. Sir Vince Cable, running to be leader of the Liberal Democrats and former business secretary, tweeted: “Another top British company #Worldpay at risk following #Arm. ...
Poorest students will finish university with £57,000 debt, says IFS image
Source : Guardian [Read Article] Tuesday 4th of July 2017 11:01:12 PM
....”. Tuition fees were lifted to £9,000 a year in 2012 by the coalition, in defiance of promises made by the Liberal Democrats in the run up to the 2010 election. ...
Wrong medicine? image
Source : BBC [Read Article] Friday 30th of June 2017 09:01:07 PM
.... Republican leaders in the Senate did not respond or declined to respond to questions on the issue. Last week, Democrats wrote a letter to the president saying they were "troubled" by the reports of his proposal. ...
Fixed-odds betting terminal review delayed until autumn image
Source : Guardian [Read Article] Friday 30th of June 2017 06:11:07 PM
....The debate over FOBTs has split the gambling sector, with the campaign against them securing funding from casinos, amusement arcade groups and JD Wetherspoon, which makes money out of fruit machines in pubs. Bookmakers have claimed that the campaign to cut stakes to £2, which has support from Labour and the Liberal Democrats, is motivated by vested interests concerned about the success of their rivals. ...
Trump could use alternate routes to roll back bank reforms image
Source : Guardian [Read Article] Sunday 25th of June 2017 11:00:28 AM
....Between the election and now, we have seen a narrowing and lessening of expectations regarding bank reforms. In Congress, meanwhile, Democrats and some Republicans, among them senators Elizabeth Warren and John McCain, are looking for ways to revive a version of the Glass-Steagall Act, the 80-year-old statute that kept investment banking and consumer lending separate until it was scrapped under Bill Clinton in 1999. ...
House Democrats challenge Deutsche Bank over review of Trump's accounts image
Source : Guardian [Read Article] Thursday 22nd of June 2017 05:38:41 PM
....Deutsche Bank claimed in a response to the first congressional request that US laws prohibit it from sharing information about its customers to government agencies. But Waters and four other Democrats said in a letter that was sent to Deutsche’s Washington attorneys this week that the German bank had misinterpreted the law and said privacy rules do not apply to requests made by Congress. ...
Tory pledge to cap energy bills missing from Queen's speech image
Source : Guardian [Read Article] Wednesday 21st of June 2017 03:57:48 PM
....”. The Liberal Democrats, who did not back a cap in their manifesto, said the Conservative policy had been “pure economic illiteracy”. ...
Record levels of green energy in UK create strange new world for generators image
....Cries of woe from lobbyists haven’t gone unnoticed, and the future of Germany’s big energy giants could feature in the upcoming federal elections in September. Some politicians from the pro-business wing of Merkel’s Christian Democrats have called for an end to state subsidies for green energy by 2021. ...
Bosses under fire for telling staff to vote Tory or risk losing jobs image
Source : Guardian [Read Article] Monday 12th of June 2017 04:05:44 PM
....It also emerged that Greg Knight, the managing director of the UK’s largest independent bookmaker, Jennings Racing, warned 500 staff their jobs were at risk the day before voters went to the polls. He said Labour and the Liberal Democrats would crack down on controversial fixed-odds betting terminals (FOBTs), which make up more than half of bookmakers’ revenues. ...
Democrats say Dodd-Frank repeal is 'wrong choice' image
Source : BBC [Read Article] Friday 9th of June 2017 08:42:41 PM
. Democrats are slamming a Republican bid to dismantle financial rules put in place after the 2008 crisis as the "wrong choice" for the country. ...
Election 2017: Hung parliament WORST possible outcome for pensions, say experts image
....5 per cent, earnings or inflation. Labour and the Liberal Democrats had promised to maintain the gurantee. ...
Election 2017: Pound under pressure amid Labour surge image
Source : BBC [Read Article] Thursday 8th of June 2017 09:42:36 PM
....BBC economics editor Kamal Ahmed said that suggested the UK's membership of both the single market and customs union would now be "back on the table". Sir Vince is returning to the Commons after regaining the seat of Twickenham in southwest London for the Liberal Democrats. ...
Republicans take aim at Dodd-Frank financial rules image
Source : BBC [Read Article] Thursday 8th of June 2017 02:18:10 PM
....Few expect the sprawling, nearly 600-page document, which touches on everything from payday lending to bank bailouts, to become law in its current form. No Democrats voted for the bill, which faces fierce opposition from the party in the Senate. ...
Court rules that Germany's nuclear tax is illegal image
Source : BBC [Read Article] Wednesday 7th of June 2017 11:26:23 AM
....Germany's environment minister Barbara Hendricks said that the court ruling was a "colossal irritation". Ms Hendricks is a member of the Social Democrats (SPD), who are the junior partner in Chancellor Merkel's governing coalition. ...
Tories have ‘shameful record’ on FOBT gambling, says Labour image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:19:03 PM
.... Of 62 constituencies where gamblers lost more than £5m in 2015-16, 47 are Labour, five are Scottish National party areas and 10 are Conservative. Both Labour and the Liberal Democrats have promised in their general election manifestos to cut the maximum stake on FOBTs from £100 to £2. ...
General Election 2017: May would revive Board of Trade image
Source : BBC [Read Article] Monday 5th of June 2017 11:01:39 PM
....The UK's first Board of Trade has its roots in the 17th Century and through several transformations became the Department of Trade and Industry. Both Labour and the Liberal Democrats said the prime minister's plan was outdated. ...
Donald Trump unveils plan to privatize 'antiquated' air traffic control system image
....With fanfare at the White House, where he was introduced as “a builder”, the president backed a plan to spin-off air traffic operations into a private, not-for-profit corporation and promised “a great new era in American aviation”. Democrats poured scorn on the start of what has been billed as “infrastructure week”, arguing that Trump’s plans will mean less construction and fewer jobs, particularly in rural areas, while financiers profit from tolls. ...
Trump to privatise air traffic control image
Source : BBC [Read Article] Monday 5th of June 2017 06:42:18 PM
.... Mr Trump's budget proposal said the change would take effect in 2021 and estimated the reform would increase the budget deficit by about $45bn (£35bn) over 10 years. Representative Nancy Pelosi, who leads Democrats in the House, called the idea a "tired Republican plan that both sides of the aisle have rejected". ...
Putin scorns US claims over Trump-Russia ties image
Source : BBC [Read Article] Friday 2nd of June 2017 11:58:17 AM
.... The Jews are blamed for everything," he added. The US intelligence agencies say the hacking of the US Democrats last year bore the hallmarks of Russian state security services. ...
Revealed: chocolate and drinks shrink since Brexit vote with no price drop image
.... Companies have until now, however, largely denied the influence of Brexit on cuts to the sizes of products, including the infamously redesigned Toblerone bar. As Theresa May took to the campaign trail championing the “great opportunities of Brexit,” Tim Farron, the leader of the Liberal Democrats, warned: “This is a stealth Brexit squeeze on British consumers. ...
Reality Check: The fight over women's state pensions image
Source : BBC [Read Article] Monday 29th of May 2017 02:29:06 PM
...."Alongside our commitment to extend Pension Credit to hundreds of thousands of the most vulnerable women, Labour is exploring options for further transitional protections," it said. The Liberal Democrats did not mention the issue in their manifesto, however, in March Liberal Democrat leader Tim Farron made a broad commitment to helping the women. ...
Far from ‘strong and stable’, May’s economic plan is weak and unstable image
....9% a year over the course of the next parliament. By contrast, the consultancy noted that “the more expansionary policies proposed by Labour and the Liberal Democrats would offer better outcomes in terms of GDP growth and allow monetary policy to be normalised sooner, without putting the public finances under strain. ...
Ford faces lots of bumps in the road to a world of driverless cars image
Source : Guardian [Read Article] Sunday 28th of May 2017 06:00:02 AM
.... There are also indirect costs such as police callouts when punters smash machines – such a common occurrence that CCTV footage of such incidents is easily found on YouTube. Insiders expect the government to respond to public concern by reducing FOBT stakes, albeit not to the £2 maximum promised by both Labour and the Liberal Democrats in their election manifestos. ...
UK gamblers lose record £13.8bn as industry braces for FOBT crackdown image
....The review has seen FOBTs, which allow gamblers to stake up to £100 every 20 seconds on electronic casino-style games, become a focal point for campaigners supporting tighter regulation. Both the Liberal Democrats and Labour are promising to cut the maximum bet to £2 if they win the general election. ...
Proud papa image
Source : BBC [Read Article] Wednesday 24th of May 2017 11:55:48 PM
....". So, as a standout piece of policy that - in theory - could find favour with both Republicans and Democrats, what does Trump's plan do?. ...
Trump's $4.1tr budget takes hatchet to safety net image
Source : BBC [Read Article] Tuesday 23rd of May 2017 03:31:49 PM
....But congressional Republicans are unlikely to rubber-stamp a new government mandate. And even Democrats, who have long cried out for such a benefit, may be reluctant to lend their support to this president. ...
Fair shares? image
Source : BBC [Read Article] Sunday 21st of May 2017 12:04:00 AM
....The fear of potential penalties seems to have acted as a catalyst, though; 33% of those put forward for board seats so far in 2017 are women, up 2% on last year, says Allbright, putting Sweden behind only Norway and France, both of which have legally-binding quotas. However, the nationalist Sweden Democrats (currently the second-most popular party in the polls) and the smaller centre-right Christian Democrats -voted against the 90-day parental leave quota for fathers. ...
Trump pulls trigger on Nafta negotiations image
Source : BBC [Read Article] Thursday 18th of May 2017 04:43:32 PM
....Mr Trump's protectionist stance breaks with Republican tradition, sounding closer to concerns voiced by labour unions and left-wing politicians such as Bernie Sanders. But Democrats were quick to slam the letter as short on substance. ...
Election 2017: State pension triple lock battle lines drawn image
Source : BBC [Read Article] Thursday 18th of May 2017 02:32:16 PM
....5% element, to leave a "double lock". Labour and the Liberal Democrats have vowed to maintain the triple lock throughout the next Parliament. ...
Conservative manifesto: Theresa May targets mainstream Britain' image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:26:25 PM
....Labour said the Conservative manifesto placed a "huge question mark over the living standards" of the majority of working people and pensioners. Sir Ed Davey, for the Liberal Democrats, said: "It is clear the more you need, the more you pay with May. ...
General election 2017: Lib Dems promise £100-a-week for entrepreneurs' living costs image
.... "The Conservatives have lost the right to call themselves the party of business. The Liberal Democrats are now. ...
General election 2017: Workers' rights protections promised by Tories image
...."Theresa May and her Tory government have failed to stand up for workers, with hundreds of thousands not being paid the money owed to them, thousands unable to get their case against their employer heard, and hundreds of complaints of employment agency malpractice going un-investigated," said campaign chairman Andrew Gwynne. Vince Cable, the Liberal Democrats' former business secretary, said: "The Conservatives tried to ban workers from striking and were blocked by the Liberal Democrats in government. ...
General election 2017: Lib Dems would end public sector pay squeeze image
....He said his party would give the health service the funding it needed by adding 1p on income tax in order to raise an extra £6 billion. He said the Liberal Democrats were offering to invest far more than any other party and unlike any other party the investment was "costed and believable". ...
NHS cyber-attack: More ransomware cases 'likely on Monday' image
Source : BBC [Read Article] Sunday 14th of May 2017 06:41:08 PM
....But Labour say the Conservatives have cut funding to the NHS's IT budget and specifically a contract to protect computer systems was not renewed after 2015. The Liberal Democrats and Labour have both demanded an inquiry into the cyber-attack. ...
Next cyber-attack could be imminent, warn experts image
Source : BBC [Read Article] Sunday 14th of May 2017 03:05:05 AM
....". The Liberal Democrats and Labour have both demanded an inquiry into the cyber-attack. ...
General election 2017: Lib Dems pledge winter fuel cuts to protect pensions image
....The triple lock was originally a feature of the Lib Dem manifesto in 2010 and a key demand when the party negotiated on the formation of the coalition government with the Conservatives. Announcing its latest pledge, former Business Secretary Sir Vince Cable said: "Liberal Democrats believe that an important test of a civilised society is the way in which it cares for the elderly. ...
Poor working families face big losses from benefit cuts, says IFS image
Source : Guardian [Read Article] Thursday 27th of April 2017 04:57:27 PM
....The scheduled cuts for lower-income families come alongside tax breaks worth £5bn a year that predominantly benefit middle- and higher-income households. The shadow chancellor, John McDonnell, said the IFS analysis showed the Conservatives posed a “clear threat” to working people’s living standards, while the Liberal Democrats claimed the “savage cuts” would leave millions of households worse off. ...
Reform property laws to reduce inequality | Letters image
Source : Guardian [Read Article] Wednesday 26th of April 2017 05:59:37 PM
.... Between 1909 and 1914 the landed gentry, in the form of the House of Lords, effectively sabotaged an attempt to introduce LVT by the then Liberal government’s chancellor, David Lloyd George. In the most polarised election for decades, his words should inspire the Liberal Democrats and Labour now: “a fully-equipped duke costs as much to keep up as two dreadnoughts, but is much less easy to scrap”. ...
In the small print image
Source : BBC [Read Article] Wednesday 26th of April 2017 03:35:41 PM
.... In a statement Wednesday, top Republicans called Mr Trump's principles "critical guideposts" for an overhaul. Meanwhile, Democrats are under pressure from their base to oppose Mr Trump. ...
Voodoo Reaganomics won't save Trump on the Hill | Larry Elliot image
Source : Guardian [Read Article] Wednesday 26th of April 2017 03:33:00 PM
....In the end, Trump will only get his corporate tax cut implemented with the agreement of Congress. Both Republicans and Democrats will want to know how the president intends to make up for the loss of revenue that a cut of this magnitude will cause. ...
Trump seeks tax windfall for business image
Source : BBC [Read Article] Wednesday 26th of April 2017 12:20:53 PM
....It could face resistance from fiscal hawks within his own party. Democrats are highlighting the fact that Mr Trump's own tax liability from his businesses would shrink under his blueprint, saving him millions. ...
Brexit brain drain threatens UK universities, MPs warn image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:00:39 AM
....”. The Liberal Democrats’ education spokesman, John Pugh, said: “Theresa May’s insistence on using European citizens as bargaining chips is already leading to an exodus of academics from the EU. ...
Disney, the Gap and Pepsi urged to quit US Chamber of Commerce image
Source : Guardian [Read Article] Monday 24th of April 2017 11:00:17 AM
.... Holmes said: “Our endorsements are made by a lawmaker’s scorecard, and their views on the issues that are important to our membership and the American business community, based on economic growth and job creation. In recent years, Republicans have scored higher than Democrats on issues of importance to the business community but we have maintained a bipartisan approach to the candidates we support and have bestowed awards such as the ‘Spirit of Enterprise’ award to Republicans and Democrats alike. ...
Ding ding! All aboard the ex-Lib Dem minister's solar-powered bus image
Source : Guardian [Read Article] Sunday 23rd of April 2017 03:53:02 PM
. Vince Cable and Ed Davey, the former business and energy secretaries respectively, are among the Liberal Democrats that lost their seats in 2015 who are plotting their way back to parliament in this general election. ...
Philip Hammond signals ditching of Tory 'no tax rise' pledge image
Source : Guardian [Read Article] Friday 21st of April 2017 12:58:04 PM
....But they could help the Conservatives attract centre-ground voters. Insiders told the Guardian that senior Tories believe they could lose 10 to 15 seats to the Liberal Democrats in the snap June general election. ...
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
....The UK government’s decision to sell the Green Investment Bank to Australian bank Macquarie for £2. 3bn has been attacked by critics including the Liberal Democrats and Greenpeace as “politically dubious” and a “disaster”. ...
Green Investment Bank to be sold off in £2.3bn deal image
Source : Guardian [Read Article] Wednesday 19th of April 2017 08:54:43 PM
....An official announcement is expected to be made by Nick Hurd, the climate minister, on Thursday, the Guardian understands. Labour, the Liberal Democrats and the Green party have criticised the sale, questioning Macquarie’s track record and commitment to green energy. ...
Trump tax cut plan will be as big a flop as failed healthcare reforms | Nouriel Roubini image
.... Republicans point to Europe and other parts of the world where a VAT rate started low and gradually increased to double-digit levels, exceeding 20% in many countries. Democrats, too, have historically opposed a VAT, because it is a highly regressive form of taxation. ...
Up to 100,000 UK jobs at risk as Merkel and Juncker ally warns on euro clearing image
....”. The Liberal Democrats’ treasury spokesperson, Susan Kramer, said: “The hard Brexit chosen by this government is set to take a wrecking ball to the UK financial sector, threatening thousands of jobs and billions of pounds of tax revenue. ...
Lloyds to shrink hundreds of UK branches to two staff image
Source : Guardian [Read Article] Monday 3rd of April 2017 06:29:14 PM
....In January, HSBC said it was shutting a further 62 branches this year, on top of 55 already earmarked for closure, while Yorkshire Building Society revealed it was closing 48 branches, 28 of which are Norwich & Peterborough outlets. Susan Kramer, the Treasury spokesperson for the Liberal Democrats, said: “Lloyds and other banks are turning their backs on the communities that have been the foundation of its business for generations. ...
Leading City firms begin to lay groundwork for London jobs exodus image
Source : Guardian [Read Article] Thursday 30th of March 2017 01:06:02 PM
....”. The Liberal Democrats warned that JP Morgan’s potential Dublin deal and the new Brussels office for Lloyd’s were a sign that jobs could be lost in the City of London due to Brexit. ...
Energy price cap would damage competition, says SSE boss image
Source : Guardian [Read Article] Thursday 30th of March 2017 12:51:29 PM
.... to the end of 2020,” said Matt Roderick, chief technology officer at the Data Communications Company, speaking at the Future of Utilities conference in London. The Liberal Democrats said efforts should be stepped up to accelerate the roll-out and increase awareness of smart meters. ...
Reusable incentives could slash disposable coffee cup waste image
Source : Guardian [Read Article] Thursday 30th of March 2017 06:39:20 AM
....5bn disposable coffee cups thrown away each year because they believe coffee shop chains are already taking enough action to cut down waste. The environment minister Thérèse Coffey told the Liberal Democrats, who have urged the government to impose a 5p charge similar to that levied on plastic bags, that industry and chains were already doing enough voluntarily. ...
Improve shared parental leave to cut gender pay gap, urge MPs image
Source : Guardian [Read Article] Tuesday 28th of March 2017 05:00:19 AM
....Organised by the Labour MP David Lammy, the letter to Justine Greening – who is minister for women and equalities as well as being education secretary – warns that the gender pay gap will never be tackled as long as women end up with disproportionate responsibility for childcare. The letter, signed predominantly by Lammy’s Labour colleagues but also a handful of Conservative MPs as well as those from the Scottish National party, Liberal Democrats and Greens, follows a report last month by the women and equalities committee. ...

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