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.... . David Gauke, the Conservative Chief Secretary to the Treasury, said taxes would rise to their highest peacetime level under Labour: "Jeremy Corbyn is not being transparent about how his plans will hit ordinary working families. ... [Read full article on BBC ]
Friday 26th of May 2017 08:21:41 AM
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.... . Among the more eye-catching claims of the campaign so far has been Jeremy Corbyn's repeated assertion that the Conservative-led governments since 2010 have borrowed more money than all Labour governments in history. ... [Read full article on BBC ]
Monday 22nd of May 2017 01:48:26 PM
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. Jeremy Corbyn may score badly with the wider public, but for as long as I can remember the press have given even the most admired Labour leaders a hard time during election campaigns. ... [Read full article on Guardian ]
Sunday 21st of May 2017 06:00:47 AM
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....But analysts said the catalyst for sterling’s fall was a YouGov poll in The Times giving Labour 38% of the vote, three points up on last week, and the Conservatives down one point at 43%, possibly handing May only a slim majority in parliament. It was conducted on Wednesday and Thursday and marks Labour’s best standing in the polls since Jeremy Corbyn became leader in September 2015. ... [Read full article on Guardian ]
Friday 26th of May 2017 06:37:09 PM
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Latest Finance News related to Jeremy Corbyn

FTSE reaches record high as UK opinion poll spooks sterling image
Source : Guardian [Read Article] Friday 26th of May 2017 06:37:09 PM
....But analysts said the catalyst for sterling’s fall was a YouGov poll in The Times giving Labour 38% of the vote, three points up on last week, and the Conservatives down one point at 43%, possibly handing May only a slim majority in parliament. It was conducted on Wednesday and Thursday and marks Labour’s best standing in the polls since Jeremy Corbyn became leader in September 2015. ...
Tories and Labour not being honest with voters: IFS image
Source : BBC [Read Article] Friday 26th of May 2017 08:21:41 AM
.... . David Gauke, the Conservative Chief Secretary to the Treasury, said taxes would rise to their highest peacetime level under Labour: "Jeremy Corbyn is not being transparent about how his plans will hit ordinary working families. ...
Reality Check: How does government borrowing compare? image
Source : BBC [Read Article] Monday 22nd of May 2017 01:48:26 PM
.... . Among the more eye-catching claims of the campaign so far has been Jeremy Corbyn's repeated assertion that the Conservative-led governments since 2010 have borrowed more money than all Labour governments in history. ...
From tax to Brexit, the Tories will do anything to stay in power image
Source : Guardian [Read Article] Sunday 21st of May 2017 06:00:47 AM
. Jeremy Corbyn may score badly with the wider public, but for as long as I can remember the press have given even the most admired Labour leaders a hard time during election campaigns. ...
Winter fuel allowance: Will I still get my winter fuel payment under a Tory government?  image
....Experts have said the Government must avoid a cliff-edge where someone a pound above the threshold will get nothing, compared to someone a pound below who will still receive it. Around 10million pensioners could lose out, according to Labour leader Jeremy Corbyn, who has called the policy "nasty". ...
May's manifesto is birth of third way Conservatism image
Source : Guardian [Read Article] Thursday 18th of May 2017 01:15:48 PM
.... The sections on executive pay and corporate governance are strong on rhetoric but weak on specifics. May’s manifesto differs from Jeremy Corbyn’s in two distinct ways. ...
Labour gambles on tax and spend – but will the public back it? | Larry Elliott image
.... You would have to go back even further – to the early 1950s – to find a time when tax as a share of the economy will be as high as it would be under Labour’s plan for 2021-22. Jeremy Corbyn said Britain was ready for a new and radical approach. ...
Labour manifesto: Extra £48.6bn in tax revenue to fund pledges image
....6bn - to be funded from extra tax revenue - in its election manifesto. Leader Jeremy Corbyn said the manifesto - including billions for schools and the NHS and an expansion of free childcare - was a "programme of hope". ...
General election 2017: Labour 'plans water industry nationalisation' image
....Labour will also promise 30 hours free childcare for two to four-year-olds. Jeremy Corbyn will unveil a "radical and responsible" plan for government, pledging to change the country and govern "for the many not the few". ...
General election 2017: Lib Dems would end public sector pay squeeze image
...."The only way to deliver a strong economy which pays for strong public services is by backing Theresa May and her Conservative team," he added. Labour has also announced NHS investment on Monday, with leader Jeremy Corbyn giving details to the Royal College of Nursing conference of plans to spend an extra £37bn on the NHS over the course of the next Parliament. ...
We wouldn’t need price caps if the Tories hadn’t cut energy-saving schemes image
.... By contrast, Labour promises to improve upon the regulations. But whether it’s May or Jeremy Corbyn installed in No 10 next month, there’s also still the obstacle of the big six suppliers. ...
General election 2017: Tory housing plan 'paid from existing budget' image
....". In other general election news, Jeremy Corbyn's party said it would impose a tax on financial transactions to raise billions of pounds for public services. ...
May to appeal to low-paid voters with new social housing pledge image
Source : Guardian [Read Article] Saturday 13th of May 2017 09:00:05 PM
....It comes as a new Opinium poll for the Observer shows that the Tories still enjoy a commanding lead, despite seeing their advantage shrink by one point for the second week in a row. However, it also puts Jeremy Corbyn’s party on a higher share of the vote than that secured by Ed Miliband in 2015. ...
Labour has big spending ideas, but no plan to earn our trust | Phillip Inman image
....The wish-list manifesto contains many sensible measures, but there is so much work needed to put flesh on those bones. No one is going to say to themselves that if Jeremy Corbyn’s Labour says extra funding for this or that would be money well spent, it will be. ...
General Election 2017: State pension could be cut by £800 a year under Labour policy image
. A government led by Jeremy Corbyn would stop the rise from 66 to 67 between 2026 and 2028, and from 67 to 68 between 2044 and 2046, the leaked Labour manifesto suggests. ...
Labour would scrap rises in pension age image
Source : BBC [Read Article] Thursday 11th of May 2017 02:59:31 PM
....That would rule out a rise to 67, to be implemented by 2028, as well as further rises to 68 and possibly 69 or 70. Labour leader Jeremy Corbyn believes people in physically demanding jobs, such as the emergency services, construction and prisons, should not have to work into their late 60s. ...
Barclays chief apologises to shareholders over whistleblowing incident image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:26:33 PM
....At an annual meeting that also heard concerns about climate change and the automation of banking sevices, McFarlane admitted that executive pay was too high. Asked about remarks by Labour leader Jeremy Corbyn describing bankers as “greedy”, McFarlane retorted that it “was well known that politicians have impeccable judgment on all matters”. ...
Corbyn needs to find £10bn a year to make good on tuition fee pledge | Phillip Inman image
. Just over half a million young people enter higher education in the UK each year, so Jeremy Corbyn would have to find a substantial sum of money – about £10bn a year – to make good on the pledge he made when running for the Labour leadership to abolish tuition fees and bring back maintenance grants. ...
Labour corporation tax hike could help schools but dent economy, says IFS image
....Labour’s plan to fund higher school spending through increases in corporation tax could boost educational performance but would risk damaging the economy’s long-term growth prospects, the Institute for Fiscal Studies has said. The thinktank’s analysis of one of Jeremy Corbyn’s flagship policies shows that reversing the government’s planned cuts to schools’ budgets would be comfortably paid for by the extra revenue raised by increasing the main rate of corporation tax to 26%. ...
UK will face pay squeeze this year as inflation spikes, warns thinktank image
Source : Guardian [Read Article] Wednesday 10th of May 2017 04:57:33 AM
....Recent surveys have shown consumers devoting a bigger slice of their weekly shopping budget to essential items in response to increasing prices by a wide range of retailers. Theresa May has pledged to cap energy costs to boost disposable incomes, while Jeremy Corbyn wants to intervene in the housing market to reduce the escalating cost of buying a home and monthly rental costs. ...
How do we know we can trust the latest polls? | Brief letters image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:03:33 PM
.... Subtitles flash on and off, cover translations, appear at different places on the screen and sometimes continue over the following programme. Theresa May gabbles, Jeremy Corbyn has a beard, both impossible for lip-readers. ...
What impact could the UK general election have on the pound? image
Source : Daily Express [Read Article] Tuesday 9th of May 2017 01:58:00 PM
....However, no matter how certain something seems, there are no guarantees in life (as we learnt in 2016 with the shock results of the referendum and US Presidential election). If there is a sudden surge in support for the Labour party and Jeremy Corbyn manages to dethrone Theresa May, UK Brexit negotiations could be thrown into disarray – temporarily at least – and concerns that Britain may not secure the exit deal that over half the population wanted may leave the pound reeling. ...
Labour's stealth pension tax RAID: Corbyn's plans set to hit retirement savers  image
. The left-wing party led by Jeremy Corbyn has pledged to raise income duty for workers earning more than £80,000 a year, if it wins next month's national vote. ...
Falling real pay shows the British economy is still struggling | Larry Elliott image
.... It doesn’t even mean that voters think the economy is doing well. It simply means they would rather have Theresa May running the show than Jeremy Corbyn, just as in 1992 they decided to stick with John Major rather than take a risk with Neil Kinnock. ...
Labour looks at  new tax bracket for those earning £80k-£150k image
Source : Guardian [Read Article] Sunday 7th of May 2017 10:20:48 AM
.... You lose two elections and that’s bad enough. To lose three elections on the trot at such a difficult period for our country – that’s why Jeremy Corbyn has got to step to the plate, that’s why he’s got to do all the sorts of things that his supporters believe [in]. ...
General election 2017: Lib Dems pledge winter fuel cuts to protect pensions image
....A Conservative spokesman said: "Because of the strong economy we have delivered, Theresa May and her Conservative team have increased the basic state pension by £1,250. "The real risk to pensions comes from Jeremy Corbyn propped up in a coalition of chaos by the Lib Dems and the SNP. ...
Diesel scrappage scheme being considered image
Source : BBC [Read Article] Friday 5th of May 2017 12:51:15 PM
.... . The government's two previous announcements on air pollution were slipped out on the Saturday before Christmas, and on the day Jeremy Corbyn became leader of the Labour Party. ...
What does the UK election on June 8 mean for your finances if you live overseas? image
....The expectation currently is that the Conservatives will win an even stronger majority, increasing their influence in Parliament and allowing Brexit to proceed more smoothly due to the diminished powers of the opposition. Should polls continue to indicate that Theresa May has a huge lead over Labour leader Jeremy Corbyn, this confidence could push the pound even higher. ...
Nuclear oversight needs 'urgent' action, MPs say image
Source : BBC [Read Article] Monday 1st of May 2017 11:24:39 PM
....Responding to the report, Mr Clark said: "The future of the nuclear industry in this country can only be protected by a prime minister who will actually stand up for Britain and nuclear power in Brexit negotiations. "That's the stark choice in this election - strong leadership with Theresa May, who has already commissioned the first new nuclear power station in a generation, or entrusting Britain's nuclear future to floundering Jeremy Corbyn, a man who has spent his political career pushing for nuclear power stations to be decommissioned entirely. ...
Labour pledges 'tougher' standards for rented houses image
Source : BBC [Read Article] Monday 1st of May 2017 05:41:38 AM
....But Conservative housing minister Gavin Barwell said licensing landlords would hit renters because the cost of the licences would be passed on in higher rent. Mr Barwell said: "This is just another misjudged and nonsensical Jeremy Corbyn idea: a town hall 'tenants' tax' that would hit every tenant in the pocket with higher rents. ...
Labour party pledges to outlaw all zero-hours contracts image
Source : Guardian [Read Article] Saturday 29th of April 2017 09:01:09 PM
....The manifesto for working Britain is more leftwing than that unveiled by Ed Miliband ahead of the 2015 election, which itself was criticised by the Tories and Lib Dems at the time as one of the most “anti-business” in living memory. The 20-point blueprint aims to offer concrete measures to help those who Jeremy Corbyn says are being exploited in an increasingly unregulated economy, including workers such as couriers and delivery drivers, and the 900,000 people employed by the big high street brands and other companies on zero-hours contracts. ...
Reform property laws to reduce inequality | Letters image
Source : Guardian [Read Article] Wednesday 26th of April 2017 05:59:37 PM
.... Hardly any media pointed out the effect this will have on increasing inequality via property, mainly because the vast majority of homeowners are quite happy to go along with it. Jeremy Corbyn says the Labour party would fund a £10-a-week rise to the carer’s allowance by reversing this inheritance tax cut, but how many potential Labour voters who are also homeowners will support this? Where is our sense of social justice?Mary Ann HooperWirksworth, Derbyshire. ...
General Election 2017: Labour's 'day one' pledge to EU nationals image
....Lib Dem leader Tim Farron said Labour had "voted through a hard Brexit", and had "chosen to be neither fish nor fowl on the biggest issue to face our country for a generation". The Conservatives said Jeremy Corbyn was a "weak leader of a divided party who could not get the right deal for the UK". ...
Philip Hammond signals ditching of Tory 'no tax rise' pledge image
Source : Guardian [Read Article] Friday 21st of April 2017 12:58:04 PM
....Labour seized on the chancellor’s words as a “Tory tax bombshell”. The Labour leader, Jeremy Corbyn, responded quickly by saying that his party would maintain the triple lock on pensions. ...
Unite 'suspends' Len McCluskey challenger Gerard Coyne image
Source : BBC [Read Article] Thursday 20th of April 2017 03:06:15 PM
.... . Mr Coyne, who is seen as the anti-Jeremy Corbyn candidate, has been suspended as West Midlands regional secretary pending an investigation. ...
Corbyn attacks M&S and other big firms over late supplier payments image
Source : Guardian [Read Article] Tuesday 11th of April 2017 11:13:04 AM
. Jeremy Corbyn has said a Labour government would “declare war” on corporations that fail to pay suppliers on time, although the companies he singled out, such as M&S, have said they do not recognise his data. ...
Brexit hasn’t happened yet – and it is changing all the time image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
.... When Harold Macmillan, prime minister 1957-63, made his famous remark that what he feared most was “the opposition of events, dear boy”, he was also having a go at the weakness of the divided Labour opposition at the time. It is a commonplace that Jeremy Corbyn was lukewarm at best in support of the Remain campaign, and one can hardly move in this country without people complaining that “there is no opposition”. ...
No yolk: Cadbury and National Trust say Easter egg row is nonsense image
Source : Guardian [Read Article] Tuesday 4th of April 2017 05:15:40 PM
.... He said that it was tantamount to “spitting on the grave” of John Cadbury, the chocolate firm’s 19th century Quaker founder. Later Jeremy Corbyn gave his opinion: “It upsets me because I don’t think Cadbury should take over the name of Easter,” he said. ...
Westinghouse bankruptcy move casts shadow over world nuclear industry image
Source : Guardian [Read Article] Wednesday 29th of March 2017 08:20:19 AM
....NuGen said it would continue developing the site “in a business as usual manner”. Labour, which recently lost a byelection for the Copeland constituency where Tories attacked party leader Jeremy Corbyn’s perceived lack of support for Moorside, said the government had “dragged its heels” despite Westinghouse’s problems being known for months. ...
WhatsApp must not be 'place for terrorists to hide' image
Source : BBC [Read Article] Sunday 26th of March 2017 04:33:52 AM
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
....”. But Jeremy Corbyn, the Labour leader, described the appointment as “a joke” and “yet another example of the establishment revolving door, a closely knit clique who are holding back the British people … [it] is an insult to the electors he is supposed to serve. ...
Good riddance to the unfair NIC tax rise. Now what about that £2bn black hole? | John McDonnell image
....The government’s U-turn on the unfair £2bn national insurance hike for the self-employed is a humiliation for chancellor Philip Hammond, who has shredded his reputation after only his first budget – and broke a manifesto promise to do it. Labour opposed the measure from the start: Jeremy Corbyn made our opposition loud and clear in his immediate budget response, and Labour MPs hammered the same message home over the next few days. ...
Philip Hammond defends scrapping national insurance rise for the self-employed image
....Earlier the measure had dominated PMQs. Jeremy Corbyn said: “It seems to me that the government are in a bit of chaos here” – though he then frustrated some of his own backbenchers by switching tack to focus on education. ...
Hammond was a picture of relaxed swagger – because he was in the ring alone image
.... They can even jab an elbow in the eye of a group that in the Cameron/Osborne era was identified as a crucial voting bloc – those they called “strivers” – confident that those voters have nowhere else to go. The calculation is that the self-employed may hate this rise in NICs, but they’re never going to vote for Jeremy Corbyn. ...
Few will spot the difference in national insurance – at first | Patrick Collinson image
.... On the other hand, women outnumber men by three to two when it comes to low-paid, part-time self-employed work. Hammond is taking a gamble that Britain’s electricians and plumbers aren’t going to let a £300 tax hike push them into Jeremy Corbyn’s arms. ...
Peugeot sale is an 'opportunity', says Clark. An opportunity for pigs to fly | John Crace image
....The devaluation of the pound against the dollar as a result of the Brexit vote was just a total coincidence and the US-firm General Motors had been absolutely delighted by the windfall losses on its UK assets; this was a deal that showed Britain was in rude health. The shadow business secretary, Rebecca Long-Bailey, has been widely touted as a future Labour leader and Jeremy Corbyn was in the house to witness her latest audition for the top job. ...
Labour says £1m earners should publish tax returns image
Source : BBC [Read Article] Thursday 2nd of March 2017 03:05:40 PM
....He also called for a specific chunk of taxes raised to be "hypothecated" - earmarked - for the NHS. The Conservatives said Labour Leader Jeremy Corbyn had said he did not favour a hypothecated tax. ...
Tory £1bn inheritance tax cut 'will worsen north-south divide' image
Source : Guardian [Read Article] Tuesday 28th of February 2017 07:20:48 PM
....The cabinet ministers Michael Fallon, Justine Greening, Jeremy Hunt and Chris Grayling all represent areas where more than a 20% of homes sold were above the £650,000 threshold. However, high-profile Labour MPs also represent some London constituencies with large proportions of high-value properties, including Jeremy Corbyn’s Islington North. ...
Brexit weekly briefing: article 50 moves closer but EU dashes divorce deal hopes image
....). What explains such uncommon parliamentary unanimity? Well, the controversial decision by the Labour leader, Jeremy Corbyn, (see below) to order his MPs to vote with the government was key, plainly – as was the general feeling, summed up by former chancellor George Osborne, that:. ...
Welcome to rabbit-hutch Britain, land of the ever-shrinking home image
Source : Guardian [Read Article] Saturday 11th of February 2017 07:00:09 AM
....9 sq m (160 sq ft), even though government guidance states that the minimum floor area for any new home is 37 sq m. We were also passed drawings of plans for an eight-flat development in Archway, north London – in Jeremy Corbyn’s Islington North constituency – where two of the “apartments” measured just 13. ...
The Econocracy review – how three students caused a global crisis in economics image
....This status quo works well for the powerful and wealthy and it will be fiercely defended. As Ed Miliband and Jeremy Corbyn have found, suggest policies that challenge the narrow orthodoxy and you will be branded an economic illiterate – even if they add up. ...
Scotland needs publicly funded bank, says thinktank image
Source : Guardian [Read Article] Monday 6th of February 2017 07:00:20 AM
....The thinktank’s campaign to push for the changes has the backing of the Unison and Unite unions, the thinktank New Economics Foundation and the London-based campaign Debt Resistance UK. It has won support from Labour MSPs as well as Jeremy Corbyn. ...
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
.... But Labour has no desire to appear to be trying to prevent the referendum result being honoured. The Labour leader, Jeremy Corbyn, said his party would not “frustrate the process for invoking article 50” but would seek to amend the government’s bill. ...
Jobs lost and broken relationships: legacy of the Southern rail crisis image
Source : Guardian [Read Article] Saturday 21st of January 2017 09:09:30 PM
.... “There’s plenty of blame to go around in this, Network Rail, Govia Thameslink, the government and the unions. It’s poor management on an industrial scale exacerbated by the government hiding in the shadows and fighting a proxy war with the unions, refusing to criticise Southern, while on the other side Jeremy Corbyn unfortunately refuses to criticise the unions – everyone entrenched while passengers suffer. ...
The war on austerity has begun … in Surrey | Deborah Orr image
Source : Guardian [Read Article] Friday 20th of January 2017 05:23:34 PM
.... Thus far, the signs are not good. Labour’s Jeremy Corbyn, who has talked a lot about opposing austerity, doesn’t seem keen. ...
Bleak trend of low, part-time wages in UK is revealed image
Source : Guardian [Read Article] Friday 13th of January 2017 06:01:09 AM
....Anti-poverty campaigners are expected to use the figures to show how men with low skills and in areas of the country with few jobs are among the worst hit by the loss of well-paid full-time employment. The Labour leader, Jeremy Corbyn, has called for rules to close the gap between the highest and lowest paid as a way to tackle the soaring salaries and bonuses of company bosses. ...
Protectionism's winds of change are blowing, but the left can make it work image
Source : Guardian [Read Article] Thursday 12th of January 2017 08:00:22 AM
.... This approach can return a sense of optimism to the majority through championing policies geared to achieving more job security, a decrease in inequality and protection of the environment worldwide. Jeremy Corbyn could play a key role here. ...
Corbyn’s wage cap plan labelled unworkable but keeps pay on agenda image
Source : Guardian [Read Article] Tuesday 10th of January 2017 08:05:41 PM
. Jeremy Corbyn’s idea for a maximum wage cap has been branded unworkable, but the Labour leader’s focus on tackling the pay gap between bosses and workers was given a warmer reception by campaigners against inequality. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
....” Note the word “entirely. ” If that’s correct, Potts will surely wish to channel the spirit of Jeremy Corbyn and ensure bonuses reach the right people and not take all the glory himself. ...
The social divide image
Source : BBC [Read Article] Tuesday 10th of January 2017 03:09:34 PM
....Reality Check verdict: Official figures suggest that income distribution has become less unequal over the past decade. Labour leader Jeremy Corbyn said on BBC Radio 4 on Tuesday morning that he would be interested in a cap on earnings, because "we cannot go on creating worse levels of inequality". ...
Spending power on the rise, says ONS image
Source : BBC [Read Article] Tuesday 10th of January 2017 10:26:16 AM
....Top pay levels have come under pressure, but employment prospects and pay for the poorest have improved, it added. The figures come as Labour leader Jeremy Corbyn said he would like to see a maximum cap on the amount people can earn. ...
Jeremy Corbyn suggests maximum earnings limit image
Source : BBC [Read Article] Tuesday 10th of January 2017 09:32:25 AM
. Labour leader Jeremy Corbyn has said he would like to see a cap on the maximum amount people can earn. ...
Southern rail: Labour leader Jeremy Corbyn backs striking drivers image
Source : BBC [Read Article] Tuesday 10th of January 2017 12:28:00 AM
. Labour leader Jeremy Corbyn has given his backing to striking train drivers on Southern rail, saying he would join a picket line in support of them. ...

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