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....”. Cerar – the first EU leader to publicly admit what has been increasingly feared in Downing Street – said he was awaiting a briefing from the EU’s chief negotiator, Michel Barnier, but that it had become clear in recent weeks that the threshold for wider talks would not be met this autumn as had been planned. ... [Read full article on Guardian ]
Monday 21st of August 2017 06:37:04 AM
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Latest Finance News related to Downing Street

Brexit: UK hopes of autumn trade talks 'will be dashed', says Slovenian PM image
....”. Cerar – the first EU leader to publicly admit what has been increasingly feared in Downing Street – said he was awaiting a briefing from the EU’s chief negotiator, Michel Barnier, but that it had become clear in recent weeks that the threshold for wider talks would not be met this autumn as had been planned. ...
The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen image
....But the inconclusive election reflects the divisions within the Conservative and Labour parties on the Brexit issue. The prime minister, Theresa May, opposed Brexit before the referendum but embraces it as the occupant of 10 Downing Street. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
....Cruddas was (and is) on the left of the party, but had a reputation for free thinking and building unexpected alliances. After working in Downing Street in the 90s, and helping introduce the minimum wage – one of Blair and Brown’s few alterations to the economic status quo – Cruddas had become frustrated by their refusal to confront corporate power. ...
Addison Lee suffers latest defeat in legal row over gig economy rights image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 04:39:33 PM
....The ruling at the central London employment tribunal that the cycle courier should be classed as a “worker” follows similar verdicts in cases brought against Uber, City Sprint, Excel and eCourier. It comes as the government considers recommendations from a Downing Street review to bring in a new law that any self-employed worker under “control” or “supervision” from their contracting company should be considered a “dependent contractor” and benefit from holiday pay, sick pay and the minimum wage. ...
No 10 contradicts Hammond over 'off the shelf' Brexit transition deal image
. Downing Street has said that the UK will not seek an “off-the-shelf” model for a post-Brexit transitional period, contradicting the position Philip Hammond is believed to have expressed to business leaders. ...
May says she will help gig economy workers but fails to pledge new laws image
.... The Labour leader said he would like to see the practice phased out. However, a Downing Street spokeswoman said she was not aware of any work within government to make Britain a cashless economy, adding that cash-in-hand payments would remain a “legitimate” way of settling bills. ...
Low-paid workers need better job satisfaction, No 10 review will say image
. A Downing Street review into modern employment is to call on the government to improve the quality of work for millions of people earning the minimum wage after it found too many are stuck with few prospects and falling job satisfaction. ...
UK business leaders to call for indefinite delay in leaving single market image
....But the deep and prolonged transition phase proposed by business is likely to enrage Tory eurosceptics who believe it would amount to a betrayal of referendum aims to “bring back control”. It also poses multiple practical challenges for Downing Street, not least how to allow Fox’s trade department to continue negotiating trade deals elsewhere. ...
UK ministers move to allay Brexit fears over access to medicines image
Source : Guardian [Read Article] Tuesday 4th of July 2017 08:26:44 AM
.... But it would have to increase hugely in size if it became responsible for approving all new drugs aimed at the British market. The letter is reported to have been signed off by Downing Street but is seen as a break with May’s intention to reveal none of her cards before entering Brexit negotiations. ...
Brexit: British officials drop 'cake and eat it' approach to negotiations image
.... The other is a low-access, high-control arrangement where you eventually end up looking like Ceta – a more classic free trade agreement, if you are lucky. “Of course the policy position remains the Lancaster House speech which says what we want is a high-access, high-control situation, but the author of that speech [reported to be Downing Street adviser Nick Timothy] is no longer in an influential position. ...
George Osborne came within weeks of scrapping the penny image
Source : Guardian [Read Article] Friday 30th of June 2017 06:47:41 AM
....And the Guardian can reveal that it was not the only controversial idea the pair considered when they were at the helm of government. In a separate move, the Downing Street policy unit submitted a proposal to lay down an ambition to end all cash transactions by 2020, as a way to drive up productivity and disrupt some forms of criminal activity. ...
Osborne gets job number six – an honorary professorship in Manchester image
Source : Guardian [Read Article] Thursday 29th of June 2017 11:40:34 AM
....There has long been enmity between Osborne and May, who sacked him the day after she was elected Conservative leader, telling him to “get to know the party better”. His newspaper has repeatedly attacked the government for its stance on Brexit, especially the apparent willingness in Downing Street to control immigration at cost to the British economy. ...
Extra £1bn for Northern Ireland will barely dent public finances image
Source : Guardian [Read Article] Tuesday 27th of June 2017 05:04:26 PM
....9bn based on the way the Barnett formula works for UK government spending. Downing Street said the formula does not apply to the new money, as it is being provided as an addition to the Northern Ireland executive’s block grant. ...
Pain without gain: the truth about austerity | Phillip Inman image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:54:09 PM
.... Together with April’s shocker, when government borrowing was higher than the same month last year, the first two months of this financial year are forecast to show the borrowing requirement for the year is on track to be higher, not lower than last year. When David Cameron and George Osborne were in Downing Street, bringing down the deficit was the main aim of domestic policy. ...
Big business leaders press Theresa May to rethink hard Brexit image
Source : Guardian [Read Article] Sunday 18th of June 2017 03:48:03 AM
.... And Brian McBride, chairman of ASOS and Wiggle, has raised concerns about access to labour and customs checks. Business groups are pressing Downing Street for a change in tone, as well as a formal role in the Brexit process. ...
The Guardian view on austerity economics: it failed | Editorial image
Source : Guardian [Read Article] Wednesday 14th of June 2017 07:07:26 PM
.... That thought will be uppermost in the mind of Philip Hammond when he stands up on Thursday to make the annual address by the chancellor to the City’s elite at London’s Mansion House. Mr Hammond has been warning of the dangers of Britain being outside both the single market and the customs union since entering 11 Downing Street last summer. ...
Google and Facebook face penalties if they don't stop online hate image
Source : Guardian [Read Article] Tuesday 13th of June 2017 08:22:44 PM
....Macron said both countries “were committed to improve the means of access to encrypted content in conditions that preserve the confidentiality of messages”. Downing Street said the initiative would put pressure on companies such as Google and Facebook if they failed to counter extremist content, building on agreements made by world leaders at talks at the G7 in Sicily last month. ...
Farming is a fresh field for Michael Gove's slash and burn politics image
Source : Guardian [Read Article] Sunday 11th of June 2017 08:08:48 PM
....At the justice department, he was working on plans for reforming prisons, including bringing in league tables, before he was booted out by Theresa May. Some of the cabinet ministers sacked in the unexpectedly brutal reshuffle when May arrived in Number 10 Downing Street last summer have spent the past year reaping their revenge – in George Osborne’s case, with evident glee. ...
How will the City react to a Tory or Labour general election victory? image
Source : Guardian [Read Article] Thursday 8th of June 2017 09:10:38 AM
....“A somewhat unimpressive campaign from the Conservatives, plus a better showing from [Labour leader] Jeremy Corbyn than had been expected, have combined to make this campaign more of a contest than was likely six weeks ago,” said analysts at financial firm IG. “Nonetheless it is clear that, barring a Brexit or Trump-style surprise, Theresa May will be returning to Downing Street at PM on Friday morning. ...
OECD: outlook for global economy is ‘better, but not good enough’ image
Source : Guardian [Read Article] Wednesday 7th of June 2017 08:30:00 AM
....The TUC general secretary, Frances O’Grady, said it was alarming that UK workers would face the biggest real wage fall of any advanced economy in 2018, while other OECD members, with the exception of Italy and Mexico, would experience real wage increases in 2018. She said: “Boosting wages has to be a top priority for whoever gets the keys to Downing Street. ...
Hopes of EU-US trade agreement put on ice, say Brussels sources image
Source : Guardian [Read Article] Monday 5th of June 2017 10:46:08 PM
.... The source said that the completion of an EU-Japan trade deal was nevertheless imminent, and would provide significant economic gains. The development may offer Downing Street some fresh hope that the UK stands a better chance of engaging with Washington than Brussels does. ...
London attack: Tech firms fight back in extremism row image
Source : BBC [Read Article] Sunday 4th of June 2017 03:05:46 PM
.... The so-called Islamic State group has claimed responsibility for the attack. Speaking outside Downing Street on Sunday, Mrs May said: "We cannot allow this ideology the safe space it needs to breed. ...
Painstaking detail of Brexit process revealed in EU documents image
Source : Guardian [Read Article] Tuesday 30th of May 2017 06:00:00 AM
....The EU has promised to publish key Brexit documents, a decision that is both transparency pledge and negotiating tactic. Senior officials think the reality of Brexit has not sunk in for the British government – a view that hardened during a disastrous dinner at 10 Downing Street last month. ...
Couriers on Britain's shopping addiction: 'Customers don't care as long as it's cheap' image
....Others have given evidence to MPs, who, in recent months, have launched multiple inquiries into the industry, which is part of Britain’s ever-widening “gig economy” of flexible and insecure self-employment. This month, Matthew Taylor, the former Downing Street policy chief appointed by Theresa May to review modern working practices, warned: “Persistent scandals of bad working conditions, poor legal safeguards and job insecurity suggest that bad work is all too common. ...
Apple's Jonathan Ive says immigration vital for UK firms image
Source : BBC [Read Article] Thursday 25th of May 2017 09:43:14 AM
.... . "Yes there will be bumps in the road along the way but the UK's going to be fine," he told Prime Minster Theresa May at a meeting in Downing Street. ...
Brexit and the coming food crisis: ‘If you can’t feed a country, you haven’t got a country’ image
.... “Very few ministers or civil servants understood the nature of the food-chain workforce. ” He believes they have managed to get the message across, but that’s a very different thing to dealing with the issue, given the refusal by Downing Street to be drawn on their negotiating positions. ...
German business leaders urge Tories to rethink plan to leave single market image
....Some Whitehall veterans fear a lack of understanding of European commercial thinking is a major handicap for British negotiators. “I worry about the lack of European experience in our team,” said Jonathan Powell, a former Downing Street chief of staff. ...
May's manifesto is birth of third way Conservatism image
Source : Guardian [Read Article] Thursday 18th of May 2017 01:15:48 PM
.... Taxes tend to go up in the first budget after an election. From the moment she arrived in Downing Street last summer, May signalled that she favoured a more hands-on industrial strategy, and the manifesto fleshes out some of the new thinking: a commitment to raise research and development spending to the 2. ...
Is Labour's manifesto living in fantasy land? Quite the opposite | Larry Elliott image
....Fantasy Island was not exactly a bestseller but it sold reasonably well. The reason for that (apart, obviously, from the book’s razor-sharp analysis and polished prose) was that the biggest financial crisis in a century erupted within two months of its publication and a month after Blair’s departure from Downing Street. ...
Philip Hammond calls China a 'natural partner' as he seeks post-Brexit trade deals image
....”. Liu Xiaoming, China’s ambassador in London, said that while Brexit and next month’s general election had brought “uncertainties”, Downing Street was now “in an excellent position to secure the opportunities [Xi’s] initiative has to offer”. ...
Why has the pound shrugged off Theresa May's EU argy-bargy? | Nils Pratley image
. Are currency markets living in a different galaxy, as they say in Brussels? A single dinner at Downing Street has provoked verbal warfare between Theresa May and her EU negotiating partners-cum-foes, seemingly increasing the chances of a hard Brexit that almost everybody agrees would be bad news for the pound. ...
Poorest face ‘double whammy’ if Tories ditch triple lock on pensions image
.... The triple lock has come under scrutiny since figures showed it was behind a 22% increase in pensioner incomes in the last seven years, while average earnings rose by only 12%. It is understood that Downing Street is weighing up whether a more affordable “double lock” would be seen as a more sensible safety net for retirees. ...
CBI warns against Brexit divorce bill row putting EU-UK trade ties at risk image
Source : Guardian [Read Article] Wednesday 26th of April 2017 11:14:03 PM
....Leaders of the remaining 27 member states are due to meet this Saturday in Brussels for a Brexit summit that will finalise their negotiating stance and confirm EU demands for broad agreement on a financial settlement before trade talks can begin. Though Theresa May and David Davis met lead EU negotiator Michel Barnier and EU commission president Jean-Claude Juncker at a dinner in Downing Street on Wednesday night to emphasise their common ground on a number of positions, there is mounting fear in business circles that a steep divorce bill could prove to be a damaging sticking point. ...
Theresa May weighing up cheaper 'double lock' for pensions image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:00:47 PM
....5%, but it has become expensive to fund during a period when prices and wages growth have been low. It is understood that Downing Street is weighing up whether a more affordable “double lock”, which removed the 2. ...
Low rates, tight margins: the mortgage market looks worryingly familiar image
.... And in the latest mortgage figures, it is clear that it is first-timers and remortgagers who are snapping up ultra-low deals while home movers and buy-to-let landlords sit on their hands. From inside 10 Downing Street, this appears to show how the government and interest-rate setters at the Bank of England can work together to produce a change for the better. ...
Philip Hammond signals ditching of Tory 'no tax rise' pledge image
Source : Guardian [Read Article] Friday 21st of April 2017 12:58:04 PM
....“What that basically means is that what people should expect, should the Tories win the next election, is that there’s a tax bombshell – a Tory tax bombshell – on the way, and you can bet your bottom dollar it will be hardworking low- to middle-earning families that will feel the pain because it’s those families that have felt the pain over the last seven years while there have been massive tax giveaways to those at the very top,” added Gwynne. All parties are gearing up at speed for the surprise snap election announced outside Downing Street by May at the start of the week. ...
EU toughens Brexit stance and demands UK pay liabilities in euros image
Source : Guardian [Read Article] Thursday 20th of April 2017 02:37:31 PM
....The Department for Exiting the European Union had claimed that the issue of the two agencies would be a matter for negotiations and their movement out of the UK had not been determined. In a development that will do little for the atmosphere when the European commission president, Jean-Claude Juncker, visits Downing Street next Wednesday , the latest guidelines also highlight concerns about Britain’s treatment of EU nationals living in the UK. ...
George Osborne: history will not be kind to a man whose flaws led to Brexit image
.... His close friend David Cameron had pledged to stand down before the next general election and a smooth transition was planned. As the architect of Cameron’s unexpected overall majority at the 2015 election, Osborne appeared to have the keys to 10 Downing Street there for the taking. ...
Investors think the election means a softer Brexit – are they right? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:40:16 PM
....Ignore the 180-point fall in the FTSE 100 index. Part of the decline occurred before the lectern had even been placed in Downing Street. ...
TUC chief calls for changes to post-Brexit trade dispute court image
Source : Guardian [Read Article] Sunday 16th of April 2017 12:09:48 PM
....The TUC’s trickier task is arguably to lobby the British government, as debate rages about what kind of economy post-Brexit Britain should be. On the steps of Downing Street in her first speech as prime minister, May promised to fight the “burning injustice” of poverty, but the government’s message was clouded when Philip Hammond suggested the UK could turn itself into a tax haven if it didn’t get a good Brexit deal. ...
Diesel car owners may be paid to trade in under new UK air quality plans image
Source : Guardian [Read Article] Saturday 15th of April 2017 11:49:17 PM
....Cash payments to persuade drivers who live in pollution hotspots to give up their diesel cars may be part of a new scrappage scheme under the government’s air quality plans, due to be published in the next week. Downing Street has been mulling the idea after being forced to produce a new air quality plan after a court ruling, which said existing proposals to meet EU-mandated air quality limits were insufficient. ...
May and LSE chief woo Saudi ministers for $2tn Aramco listing image
Source : Guardian [Read Article] Wednesday 5th of April 2017 09:44:22 AM
....No 10 officials said the prime minister had set out “the sort of depth of expertise that there is in London and the UK in terms of financial services, and also the supporting ecosystem – accountancy, legal and also the depth of investment opportunities that there are in the UK”. London’s hosting of the flotation was specifically mentioned in several meetings on Tuesday, according to Downing Street sources accompanying the prime minister’s visit. ...
Welfare shakeup 'will push a quarter of a million children into poverty' image
.... Without tax credits, low income families with three or more children will have to rely on £711 a year from child benefit to support the youngest child, leaving them with a £1,700 shortfall. Scottish National party MP Alison Thewliss, who has led a campaign against the rape clause, said: “When Theresa May stood on the steps of Downing Street last year, she said that her new government would strive to help the ‘just about managing’ in society. ...
Half-in, half-out of customs union would be worst Brexit option, says thinktank image
....Remain supporters and some European diplomats based in the UK are increasingly exasperated at the way in which they believe the government, by saying so little about its key negotiating objectives, is handing the intellectual momentum to advocates of a hard Brexit and making it increasingly difficult for a compromise to be reached that does not damage business. Open Europe has been one of the most influential thinktanks in the Conservative debate on Europe, with key staff often being seconded to Downing Street. ...
The Trump bump for shares is dented – but watch where the oil price goes | Nils Pratley image
.... It’s not obvious that all its members – and especially the non-members – have the political will or financial flexibility. A lower oil price this year would be excellent news, not least for Downing Street and the Bank of England. ...
UK flight ban on electronic devices announced image
Source : BBC [Read Article] Tuesday 21st of March 2017 04:34:26 PM
....The ban follows a similar move in the US, where officials say bombs could be hidden in a series of devices. Downing Street said it was "necessary, effective and proportionate". ...
Article 50: Theresa May to trigger Brexit process next week image
Source : BBC [Read Article] Monday 20th of March 2017 11:39:42 AM
....Prime Minister Theresa May is to officially notify the European Union next Wednesday that the UK is leaving. Downing Street said she would write a letter to the European Council, adding that it hoped negotiations on the terms of exit and future relations could then begin as quickly as possible. ...
PM backs plans to overhaul workers' rights to reflect gig ecomomy image
Source : Guardian [Read Article] Monday 20th of March 2017 12:25:37 AM
. Theresa May backs plans for an overhaul of workers’ rights to reflect 21st-century employment practices, according to the chair of Downing Street’s review into modern work. ...
UK Mail driver who was unable to work after car accident charged £800 image
.... On Wednesday, couriers at DPD’s Edinburgh depot staged a walkout after they were told they needed to work six days a week and in protest against charges. Such charges are to be scrutinised by the Downing Street-commissioned review into modern employment practices led by Matthew Taylor. ...
Executive pay: all eyes on boardroom as AGM season looms  | Chris Cummings image
. When Theresa May stood on the steps of Downing Street last July, looking down the barrel of the world’s TV cameras to address the nation for the first time as prime minister, she put reform of executive pay at the heart of her plan to shape a Britain that works for all, not a privileged few. ...
George Osborne facing calls to quit as MP over Evening Standard job image
Source : Guardian [Read Article] Friday 17th of March 2017 12:51:44 PM
.... “It is one thing writing a column for a newspaper, it is another being its full-time editor,” he told the Guardian. Downing Street was said to be “very surprised” by the announcement on Friday morning, which overshadowed a speech by the prime minister at the Conservative spring conference. ...
Child poverty in UK at highest level since 2010, official figures show image
Source : Guardian [Read Article] Thursday 16th of March 2017 02:45:20 PM
.... About 67% of the UK’s poor children are from working families. “The prime minister spoke about injustice on entering Downing Street, but there is no greater burning injustice than children being forced into poverty as a result of government policy,” said the Child Poverty Action Group’s chief executive, Alison Garnham. ...
U-turn over Budget plan to increase National Insurance image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:30:48 PM
....". Former Labour leadership contender Yvette Cooper rounded on the comment, saying she was "slightly astonished" to hear that - and asked why nobody at Number 10 or 11 Downing Street had checked the Conservative manifesto before he went on to write the Budget. ...
Self-employed? See if you'll pay more in national insurance image
Source : Guardian [Read Article] Saturday 11th of March 2017 07:00:28 AM
.... The prime minister this week delayed the controversial rise following a rebellion by Conservative MPs, although Labour said ministers were “in disarray” over the issue. Downing Street insisted on Friday the proposal wouldn’t be watered down, while indicating it would be introduced alongside improved benefits for the self-employed. ...
Brexit is about to get real. Yet we are nowhere near ready for it | Jonathan Freedland image
.... From now on, those who got us into this situation have to show they can get us out intact by March 2019. That will require a major shift among the Brexiteer ministers and in Downing Street. ...
May defends 'fair' National Insurance rise amid criticism image
Source : BBC [Read Article] Thursday 9th of March 2017 08:28:31 PM
.... The chancellor would "listen to the concerns" raised by MPs and business. BBC political editor Laura Kuenssberg said that, while the Treasury had briefed on Thursday morning that legislation to enact the National Insurance change would be brought forward in the summer, Downing Street was now saying it would be in the autumn. ...
ARM chip designer stake 'to be sold by Softbank' image
Source : BBC [Read Article] Wednesday 8th of March 2017 11:25:24 AM
....The Cambridge-based firm designs microchips used in most smartphones, including Apple's and Samsung's, and is considered the most precious jewel in the crown of British technology. The stake sale coming so soon after Softbank's purchase could raise concerns over its commitments to the UK, but the FT said that Downing Street had been notified of the transaction and did not raise any concerns. ...
George Osborne warns against leaving EU without trade deal image
Source : BBC [Read Article] Tuesday 28th of February 2017 03:18:11 PM
....The foreign secretary said there was "every reason" to believe a "win-win" EU deal could be done within two years. Downing Street said Prime Minister Theresa May was "confident and optimistic" about striking a comprehensive free trade agreement. ...
Delay Brexit if no trade deal reached, say business leaders image
Source : BBC [Read Article] Tuesday 28th of February 2017 03:23:30 AM
....In a speech, he warned that an "unreal and over-optimistic" vision of Brexit was being put forward. Downing Street said the government was determined to make a success of Brexit. ...
Theresa May must block London Stock Exchange bids until after Brexit | Nils Pratley image
.... First, the LSE has emerged stronger from its many non-mergers over the last 15 years. Second, the jostling of national egos may have made Downing Street appreciate that ownership matters when it comes to stock exchanges, clearing houses and bond trading platforms. ...
Fairtrade campaigners fear Brexit impact image
Source : BBC [Read Article] Monday 27th of February 2017 04:19:59 PM
.... . In December last year, its campaigners delivered a letter, with more than 50,000 signatures, to Downing Street asking the prime minister to pledge that any future trade deals would continue to tackle global poverty and deliver a fair deal for those in the developing world. ...
Kraft Heinz withdraws Unilever takeover bid image
Source : Guardian [Read Article] Sunday 19th of February 2017 05:28:53 PM
....A source close to the bid earlier insisted there was “no comparison” between the Kraft Heinz company and its management team and the Kraft that took over Cadbury – but admitted that there would be stringent cost-cutting and “synergies” including job losses should Unilever be taken over. Downing Street did not confirm reports that the prime minister had ordered top officials to examine the planned takeover of Unilever to see if it could merit government intervention. ...
Who will the Brexiteers blame when the milk and honey fails to flow? | Rafael Behr image
.... She hears a collective cry of rage against the economic and political status quo, requiring radical change on multiple fronts. So, in parallel with the prime minister’s plan for a “clean break” from the rest of Europe, Downing Street is thinking of ways to address grievances that generated demand for Brexit in the first place: stagnant wages; anxiety that living standards have peaked and that the next generation is being shafted; the demoralising experience of working all hours without saving a penny. ...
Workers' feelings of powerlessness fuelling anger, says jobs tsar image
Source : Guardian [Read Article] Monday 13th of February 2017 05:14:03 PM
. A feeling among workers that they lack control or a voice in the workplace is fuelling “misery and anger in British society”, the chair of a Downing Street review of modern employment has said. ...
Falling DVD sales put boot into profits at Sony Pictures image
Source : Guardian [Read Article] Friday 3rd of February 2017 04:16:33 PM
.... The Crown, with a second season under way, has booked out about half of Elstree Studios for two years. The production has semi-permanent sets including parts of Buckingham Palace and Downing Street. ...
UK faces return to inequality of Thatcher years, says report image
Source : Guardian [Read Article] Tuesday 31st of January 2017 11:26:31 PM
.... But this time around it’s low- and middle-income families with kids who are set to be worst affected. “This could leave Britain with the worst of both worlds on living standards – the weak income growth of the last parliament and rising inequality from the time Margaret Thatcher was in Downing Street. ...
Guarantee minimum wage for gig economy workers, says Frank Field image
Source : Guardian [Read Article] Tuesday 31st of January 2017 03:59:30 PM
....Theresa May should guarantee the minimum wage for self-employed workers for companies such as Uber and Hermes and prevent them from losing work with no notice, the Labour MP Frank Field has said. The chairman of the Commons work and pensions select committee told a Downing Street review of modern working practices that all workers should benefit from a new “national standard of fair work in the gig economy”. ...
Theresa May signs £100m fighter jet deal with Turkey's Erdoğan image
Source : Guardian [Read Article] Saturday 28th of January 2017 02:30:02 PM
. Theresa May issued a stern warning to Turkish president Recep Tayyip Erdoğan about respecting human rights yesterday as she prepared to sign a £100m fighter jet deal that Downing Street hopes will lead to Britain becoming Turkey’s main defence partner. ...
Supreme court rules parliament must have vote to trigger article 50 image
Source : Guardian [Read Article] Tuesday 24th of January 2017 10:12:29 AM
....The supreme court ruled that there was no need for the government to wait for consent from the devolved assemblies in Scotland, Northern Ireland and Wales. Although the ruling represents a blow to Theresa May’s intended timetable on Brexit, a Downing Street spokesman said the ruling had not changed the verdict of the British people. ...
The Guardian view on industrial strategy: hot air but no liftoff | Editorial image
.... But if the government makes real progress towards enacting such a strategy – setting into reverse patterns of short-termism, weak productivity, trade deficits and regional imbalances – it will be a significant achievement. The launch of a green paper is intended by Downing Street to signal that activist industrial policy is a pillar of the new thinking. ...
It’s time to rewrite the rules of economics to end the growing chasm of inequality  | Liam Byrne image
....In her Brexit speech at Lancaster House this week, the prime minister spoke of her determination “to build a stronger economy and a fairer society by embracing genuine economic and social reform”. It was an echo of her message outside 10 Downing Street last July. ...
Bravado only partially masks contradictions in Theresa May's speech image
Source : Guardian [Read Article] Tuesday 17th of January 2017 02:45:56 PM
.... If it punished us for daring to leave, this would be a “calamitous act of self-harm” not by Britain – as most foreigners believe – but by the EU, which exports £290bn to the UK. It would be a mistake, however, to assume this confident show of bravado means Downing Street is as ready to walk away from a “bad” exit deal as many will take this speech to imply. ...
Theresa May is trapped between a rock and a hard Brexit image
Source : Guardian [Read Article] Sunday 15th of January 2017 06:59:09 AM
.... But for May at present, the obsession with immigration triumphs over our economic interests. There is much discussion in the press about the lack of clarity from Downing Street, but it is important to distinguish between the prime minister’s position on Brexit, which is as plain as a pikestaff, and the government’s position on how to handle it. ...

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