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Socially Most Trending News

....Poor ventilation and chemicals inside and outside factories contribute to the gruelling working environment, while workers at provincial factories can face exhausting journeys into work, standing for up to two hours in trucks. Cheav Bunrith, director at Cambodia’s Ministry of Labour’s National Social Security Fund, says the number of faintings has decreased, from 1,800 in 2015 to 1,160 last year, thanks to education programmes on nutrition and free treatment for those feeling unwell. ... [Read full article on Guardian ]
Saturday 24th of June 2017 11:04:13 PM
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.... To qualify, each parent – or the sole parent in a single parent family – will need to earn at least the equivalent of 16 hours per week working at the national minimum or living wage. The Conservative initiative has been widely welcomed by working parents among whom it was a clear vote winner in the 2015 election, but Labour has warned that low-income families in insecure employment or on zero-hours contracts, who may be unable to guarantee how many hours of work they will get from one month to the next, will lose out. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 09:04:53 AM
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.... It also says every worker should receive written clarification of their employment status. It suggests that the Gangmasters and Labour Abuse Authority, which already has some investigatory powers over food and farming operators, could be handed responsibility to carry out investigations into employment status in all businesses. ... [Read full article on Guardian ]
Tuesday 20th of June 2017 06:01:08 PM
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. Labour’s deputy leader, Tom Watson, has called on the culture secretary to refer Rupert Murdoch’s proposed £11. ... [Read full article on Guardian ]
Tuesday 20th of June 2017 04:34:29 PM
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....Paul Myners, who was City minister at the time of the 2008 crisis, told BBC Radio 4’s Today Programme that bonus payouts may have been one of the reasons the bank was keen to avoid the taxpayer bailouts that Royal Bank of Scotland and Lloyds Banking Group received. “I think firstly there was a real fear on their part that this was nationalisation, it was political, they didn’t want anything to do with a Labour government. ... [Read full article on Guardian ]
Tuesday 20th of June 2017 06:01:43 PM
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....5% rise, a pledge seized on by opposition parties as a betrayal of pensioners. Labour claimed that the plan to scrap it was part of an attack on elderly people. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 06:15:54 PM
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.... The DfT subsequently found the money in January. Gibb suggested that parts of Southern would be better operated by Transport for London – an anathema to the transport secretary, Chris Grayling, who blocked plans by his predecessor for parts of national rail franchises to come under Labour-run London control. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 09:33:08 AM
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.... One prime minister has resigned and another has been so badly mauled that she may not survive much longer. Britain is closer to having a Labour government with a radical leftwing agenda than it has been for decades. ... [Read full article on Guardian ]
Sunday 25th of June 2017 01:05:57 PM
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Latest Finance News related to Labour

With politics turned on its head, Labour sticks to Brexit ambiguity image
Source : Guardian [Read Article] Sunday 25th of June 2017 01:05:57 PM
.... One prime minister has resigned and another has been so badly mauled that she may not survive much longer. Britain is closer to having a Labour government with a radical leftwing agenda than it has been for decades. ...
Cambodian female workers in Nike, Asics and Puma factories suffer mass faintings image
....Poor ventilation and chemicals inside and outside factories contribute to the gruelling working environment, while workers at provincial factories can face exhausting journeys into work, standing for up to two hours in trucks. Cheav Bunrith, director at Cambodia’s Ministry of Labour’s National Social Security Fund, says the number of faintings has decreased, from 1,800 in 2015 to 1,160 last year, thanks to education programmes on nutrition and free treatment for those feeling unwell. ...
Triple lock on pensions will go eventually, says pensions secretary image
Source : Guardian [Read Article] Thursday 22nd of June 2017 06:15:54 PM
....5% rise, a pledge seized on by opposition parties as a betrayal of pensioners. Labour claimed that the plan to scrap it was part of an attack on elderly people. ...
Southern tried to run too many trains on poor infrastructure: report image
Source : Guardian [Read Article] Thursday 22nd of June 2017 09:33:08 AM
.... The DfT subsequently found the money in January. Gibb suggested that parts of Southern would be better operated by Transport for London – an anathema to the transport secretary, Chris Grayling, who blocked plans by his predecessor for parts of national rail franchises to come under Labour-run London control. ...
Tories' 30-hour free childcare plan fails to target poor families, says expert image
.... To qualify, each parent – or the sole parent in a single parent family – will need to earn at least the equivalent of 16 hours per week working at the national minimum or living wage. The Conservative initiative has been widely welcomed by working parents among whom it was a clear vote winner in the 2015 election, but Labour has warned that low-income families in insecure employment or on zero-hours contracts, who may be unable to guarantee how many hours of work they will get from one month to the next, will lose out. ...
Paul Myners: Barclays realised taxpayer bailout would hit bonuses image
Source : Guardian [Read Article] Tuesday 20th of June 2017 06:01:43 PM
....Paul Myners, who was City minister at the time of the 2008 crisis, told BBC Radio 4’s Today Programme that bonus payouts may have been one of the reasons the bank was keen to avoid the taxpayer bailouts that Royal Bank of Scotland and Lloyds Banking Group received. “I think firstly there was a real fear on their part that this was nationalisation, it was political, they didn’t want anything to do with a Labour government. ...
Government inspectors should enforce workers’ rights, says Law Society image
.... It also says every worker should receive written clarification of their employment status. It suggests that the Gangmasters and Labour Abuse Authority, which already has some investigatory powers over food and farming operators, could be handed responsibility to carry out investigations into employment status in all businesses. ...
Fox’s £11.7bn bid for Sky ‘should be referred to competition authorities’ image
. Labour’s deputy leader, Tom Watson, has called on the culture secretary to refer Rupert Murdoch’s proposed £11. ...
Pain without gain: the truth about austerity | Phillip Inman image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:54:09 PM
....The pressure on the deficit has only worsened since then. It has become clear to many of May’s advisers and close colleagues that the Tory party might not survive a second election this year without stealing some of Labour’s clothes. ...
Brexiters have voted for a poverty even worse than austerity image
Source : Guardian [Read Article] Sunday 18th of June 2017 06:00:04 AM
....The vote against austerity was long overdue. Under Cameron and Osborne the Conservatives got away with blue murder in blaming the world financial crisis on Labour in general and Gordon Brown in particular. ...
Philip Hammond under pressure to spend to lure voters back to Tories image
Source : Guardian [Read Article] Saturday 17th of June 2017 03:00:41 PM
....Philip Hammond is resisting Theresa May’s demands for an end to austerity amid Treasury concerns that loosening the purse strings will lead to a black hole in the government’s finances. The chancellor has used discussions with the prime minister since the election to press the case for a cautious approach to the public finances, despite the widespread view among Conservative MPs that seven years of spending cuts and pay restraint handed seats to Jeremy Corbyn’s Labour party. ...
Attlee, Labour and the battle against austerity | Letters image
Source : Guardian [Read Article] Friday 16th of June 2017 06:13:02 PM
....How apt that a biography of Attlee won the Orwell prize for political writing as art (Tribute to NHS founder Clement Attlee wins Orwell prize, 16 June). Such reminders of Labour’s totemic achievements are essential in challenging Tory doublethink. ...
Pensions WARNING: Pots under pressure as older worker redundancy rate hits record high image
....”. The employment rate in the UK drops to 64 per cent at the age of 60, compared to 83 per cent at the age of 50, according to Labour Force Survey statistics. ...
City's Mansion House dinner cancelled after Grenfell Tower fire image
Source : Guardian [Read Article] Thursday 15th of June 2017 01:46:46 PM
.... Many more people remain missing. The prime minister and the Labour leader, Jeremy Corbyn, have visited the site of the fire. ...
UK student loan debt soars to more than £100bn image
Source : Guardian [Read Article] Thursday 15th of June 2017 11:12:28 AM
....9bn. Jeremy Corbyn made younger voters a key focus of Labour’s election campaign, promising to scrap tuition fees for new university students. ...
The Guardian view on austerity economics: it failed | Editorial image
Source : Guardian [Read Article] Wednesday 14th of June 2017 07:07:26 PM
.... The hard part is to enact measures that would make the slogan meaningful, and that would require, for example, removing the cap on public sector pay awards, abandoning welfare cuts, doing a U-turn on the reduction in per-pupil spending in education and spending more on the health service. Unsurprisingly, Mr Hammond has been pushing back against the idea that he should effectively filch large chunks of Labour’s manifesto. ...
Theresa May is warned: don't break election vow on energy price cap image
Source : Guardian [Read Article] Wednesday 14th of June 2017 05:33:11 PM
....Campaigners also urged the government to stick to its guns and extend protections beyond the 4m households who already have a ceiling on their energy bills. Labour said it would be a “stunning U-turn” if the Tories dropped the cap. ...
Thames Water given maximum £8.5m fine for missing leak target image
Source : Guardian [Read Article] Wednesday 14th of June 2017 10:38:37 AM
....England is the only nation to have a fully privatised water industry, which has been criticised for making large dividend payments to owners. The Labour party’s recent election manifesto pledged to renationalise the industry, which it called “dysfunctional”. ...
UK pay squeeze breaks all sorts of records for all the wrong reasons | Larry Elliott image
....Cast your mind back to March 2008. The financial markets have been in turmoil since the previous summer and in the previous month the Labour government has been forced to nationalise the troubled bank Northern Rock. ...
The fast track to becoming a bricklayer | Brief letters image
Source : Guardian [Read Article] Tuesday 13th of June 2017 07:01:28 PM
....Frank Field (Letters, 13 June) suggests that “we need to use proven 12-week apprenticeship courses for specific skills, such as bricklaying and carpentry”. As a staff member at the Manchester College of Building from 1975 until it was merged out of existence in the 90s, I had wondered at Labour’s seeming indifference to skills education and training. ...
Foreign investors snapping up London homes suitable for first-time buyers image
....City Hall said the mayor would “respond with measures he intends to put in place in due course”. Labour’s shadow housing secretary, John Healey, said a Labour government would give local people “first dibs” on new homes ahead of overseas buyers. ...
Incomes squeeze denied May a landslide – now she must change course image
Source : Guardian [Read Article] Tuesday 13th of June 2017 01:06:01 PM
.... True, Theresa May’s shortcomings were exposed. No question, the mobilisation of young voters by Labour played a big part in the result. ...
Our leaders have lost touch with reality – just like the banks did | Aditya Chakrabortty image
.... The Tory manifesto gets a triple-A rating – until its dementia tax turns out to be toxic. Labour’s proposals for renationalising the railways are dismissed as communism – until voters, snaggle-toothed fools that they are, turn out to quite like the idea of not being bled dry by Richard Branson. ...
Moody's warns election result will complicate Brexit talks image
Source : Guardian [Read Article] Monday 12th of June 2017 11:01:40 PM
.... “On the contrary, I think it’s possible to imagine a scenario, likely but not certain, in which Mrs May seeks to push for a very hard line towards the EU to show to her own party that she’s holding the course,” said Six. Moody’s, by contrast, said the UK could well end up with a soft Brexit deal on the back of last week’s election result, which saw Labour significantly increase its number of seats in parliament. ...
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
. Two company bosses have come under fire for telling staff to vote Conservative or risk losing their jobs, including one who described as “banter” a warning that “Labour voters will be made redundant first”. ...
Private schools to save £522m in tax thanks to charitable status image
Source : Guardian [Read Article] Sunday 11th of June 2017 05:06:19 PM
.... It also said academies, foundation schools and voluntary-aided schools automatically qualified for charitable status, while insisting that state-school funding accounted for the cost of business rates. In the run-up to the election, Labour leader Jeremy Corbyn announced plans to charge VAT on private school fees to fund free school meals for primary school children. ...
Theresa May's election victory will prove pyrrhic indeed image
Source : Guardian [Read Article] Sunday 11th of June 2017 01:25:35 PM
.... The Liberal Democrats campaigned for a second referendum and failed to get that either. Labour perhaps best captured the confused mood of the voters by insisting that while the result of the referendum should be honoured, the aim should be to continued membership of the single market. ...
While Corbyn inspired the young, May was terrifying the old image
Source : Guardian [Read Article] Sunday 11th of June 2017 06:00:47 AM
.... It’s not the first time his cut-up edits of prime ministerial speeches have proved a hit, but this time it seemed to resonate with 18- to 25-year-olds just as they were signing up in droves to vote. Rob Wilson, the ousted Tory MP for Reading East, who accused No 10 of running a disastrous campaign, said that the university students who populate his side of the city played a large part in the 16% jump in Labour’s local vote. ...
Dementia tax: Tory-DUP coalition could take care cost reforms off agenda, says ex minister image
....At the moment the cap on paying towards social care costs is set at £23,250 in England but had been scheduled to rise to £72,000. Labour said it would raise the cap, but did not put a figure on a new threshold. ...
Election 2017: Hung parliament WORST possible outcome for pensions, say experts image
....The 2017 election result means there is set to be a period of huge uncertainty over retirement policies as a new Government forms and how the issues of pension and retirement are dealt with. Labour and Conservative policies over the state pension triple lock and the state pension age differ hugely in the election manifestos. ...
UK economy now in the fog of election uncertainty | Larry Elliott image
Source : Guardian [Read Article] Friday 9th of June 2017 07:15:28 AM
.... Jeremy Corbyn was Michael Foot. Labour’s manifesto was, if not the longest suicide note in history, the second longest. ...
Markets edge down as fears surface on size of Tory majority image
Source : Guardian [Read Article] Thursday 8th of June 2017 04:46:15 PM
....23. Ipek Ozkardeskaya, senior market analyst at London Capital Group, said a Labour victory would also send the pound lower: “An unexpected and sudden shift to the Labour party would change the Brexit dynamics completely and push the political environment in the UK to a total unknown. ...
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
....Investors were surprised when May called the election on 18 April, with the FTSE 100 suffering its biggest fall since the vote for Brexit while sterling rallied, but most commentators expected the Tories would win convincingly, with some predicting a landslide. “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. ...
US oil firm Halliburton branded ‘obscene’ over unpaid UK internships image
.... The advert, discovered by careers blog Graduate Fog, also claims Halliburton is an equal opportunities employer. The Labour party has pledged to ban such schemes in its manifesto, on the basis that it is “not fair for some to get a leg up when others can’t afford to”. ...
Santander and RBS haunted by ghost of financial crisis image
Source : Guardian [Read Article] Wednesday 7th of June 2017 06:00:26 PM
.... To do so, they would need to prove they have the funding. While Goodwin looks likely to escape a court hearing, Rachel Reeves, who was a Labour MP on the Treasury select committee before the election was called, raised the prospect of the former RBS chief executive being called to parliament. ...
General Election: Four ways the result could affect expats in the EU image
Source : Daily Express [Read Article] Wednesday 7th of June 2017 04:02:00 PM
.... . A strong victory for the Conservatives is likely to see gilt yields fall, while a hung parliament or Labour victory could push them higher. ...
How will the General Election affect your money? Pensions, savings and tax compared  image
.... Tom Selby, senior analyst at wealth advisers AJ Bell, said: “Around 24 million basic-rate taxpayers are set to be £33 a year better off, with higher-rate taxpayers gaining £208 in total. ”Under Labour anyone earning more than £80,000 a year is set to pay significantly higher taxes, as Jeremy Corbyn would raise the tax rate past this level to 45 per cent. ...
Pound V euro: GBP exchange rate against EU strengthens as Tories tipped to win election image
....With the various political parties making a final push for votes on the last day of campaigning ahead of tomorrow’s general election, sterling has begun to creep higher on suggestions that the Conservatives will be able to secure a healthy majority. The GBP/EUR exchange rate has become increasingly volatile over the past week as recent polls placed the gap between the Conservatives and Labour anywhere between a single percentage point and an eleven-point lead. ...
RBS court case called off but some investors still refuse settlement image
Source : Guardian [Read Article] Wednesday 7th of June 2017 11:58:42 AM
....”. While Goodwin now looks likely to escape a court hearing, Rachel Reeves, who was a Labour MP on the Treasury select committee before the election was called, raised the prospect of the former RBS chief executive being called to parliament again. ...
Jeremy Corbyn's Land Value Tax: Labour's garden tax will see house prices CRASH image
. Families face plunging home values and potential negative equity if Jeremy Corbyn slaps a Land Value Tax (LVT) on properties, as promised, according to the Labour Land Campaign (LLC). ...
Philippines partially lifts Qatar workers ban image
Source : BBC [Read Article] Wednesday 7th of June 2017 01:30:04 AM
....The department of labour and employment said OFWs whose papers are still being processed remained banned. Labour Secretary, Silvestre Bello said the processing of new applications would remain temporarily suspended while the government assessed the situation. ...
The Guardian view on the economy: invest for growth | Editorial image
Source : Guardian [Read Article] Tuesday 6th of June 2017 07:08:11 PM
.... Looking at the main parties’ manifestos, there is a clear divide between them, as there is on much else, even if there is some agreement on the need for greater state intervention. Labour believes corporate leaders had their chance to invest and blew it. ...
Tories have ‘shameful record’ on FOBT gambling, says Labour image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:19:03 PM
. The Labour party has accused the government of failing to act on fixed-odds betting terminals, after data showed that gamblers’ losses are largest in deprived areas and opposition-held constituencies. ...
Britain’s economic model is broken: this is our first post-crash election | Aditya Chakrabortty image
.... And to listen to TV’s sofa pundits is to hear a very different election. They would have you believe that Labour and the Conservatives have rarely been further apart. ...
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. ...
Government support needed to unlock billions in green business, says industry image
.... These swings include the scrapping of subsidies and harder planning requirements for onshore wind farms; the slashing of support for solar panels and restrictions on solar farms; the abandonment of the “green deal”, which was intended to boost home insulation; the removal of the promised £1bn funding for carbon capture and storage facilities; and the scrapping of the target to make new homes zero-carbon. Last week, Labour accused the Conservative government of failing to come up with plans on how to achieve the statutory targets on reducing carbon dioxide emissions, set out under the Climate Change Act. ...
Philip Green fashion empire hit by 16% fall in profits image
Source : Guardian [Read Article] Sunday 4th of June 2017 03:29:15 PM
....MPs last year demanded that Green, who was described in parliament as a “billionaire spiv”, be stripped of the knighthood he was awarded in 2006. In a fiery Commons debate, Iain Wright, the Labour MP who chairs the business select committee, said: “Sir Philip received his knighthood for services to retail. ...
Let’s hope a hung parliament can halt the Brexit disaster image
Source : Guardian [Read Article] Sunday 4th of June 2017 05:59:15 AM
....Well, who wants to change the country for the worse? Sounds like a rhetorical question, doesn’t it? But it isn’t. The people who in effect want to change the country for the worse, whether or not they realise it, are those leaders and would-be leaders – I fear this appears to include the Labour party too – who are embracing Brexit. ...
Disappointing US jobs figures knock markets off peak image
Source : Guardian [Read Article] Friday 2nd of June 2017 05:47:06 PM
.... The FTSE 250 also suffered a rollercoaster ride after initially hitting a new record of 20,081 before ending the day at down slightly at 19,977. Investors shrugged off continuing weakness in the pound as the Conservative lead over Labour continued to narrow in the latest opinion polls. ...
Black and Asian workers more likely to have insecure jobs, says TUC image
....The TUC is calling on the next government to ban mandatory zero-hours contracts so that guaranteed hours are offered to all workers. That call chimes with Labour’s pledge to ban all zero-hours contracts and put a halt to unpaid internships if it wins next week’s snap general election. ...
Fresh bid to oust Unite union boss Len McCluskey image
Source : BBC [Read Article] Friday 2nd of June 2017 04:59:05 AM
....A spokeswoman for Unite said its members would be deeply disappointed by the timing of the announcement. Mr Coyne's complaint is a challenge to one of Labour's most important power brokers days before the general election. ...
One in 13 ethnic minority workers are in insecure jobs, says TUC image
....One in 20 white employees are on zero-hours or temporary work contracts. The figure for ethnic minority workers is one in 13, according to the TUC report, which uses figures from the government's Labour Force Survey. ...
Shrinking tax base suggests personal allowance is generous enough image
Source : Guardian [Read Article] Thursday 1st of June 2017 07:03:03 PM
.... But using the tax system in this way to help the poorest and tax the rich has a cost. It narrows the tax base to a relatively small group of people and means that when a government needs a revenue boost, as a Labour government will should it take office, it must return to the same people and demand not just a small percentage rise, but a hefty whack of extra cash. ...
M&S offers cash grants to community businesses in ethical relaunch image
Source : Guardian [Read Article] Thursday 1st of June 2017 06:32:53 PM
.... It now says it will “encourage” franchise partners and “direct supply chains” to pay a living wage as defined by M&S. Nicola Round, of the fair pay group Labour Behind the Label, said: “We would like to see a stronger, clearer commitment from M&S on paying a living wage. ...
Sandbanks is priciest seaside town in UK, plus the worst mobile providers image
....EE and Vodafone are UK’s worst mobile providers, says Which?. Labour promises to save average rail commuter £200 on season ticket. ...
Labour promises to save average rail commuter £200 on season ticket image
Source : Guardian [Read Article] Thursday 1st of June 2017 06:00:47 AM
. Labour has pledged to save the average rail commuter more than £200 a year by forcing companies to limit fare increases on season tickets. ...
Older age image
Source : BBC [Read Article] Thursday 1st of June 2017 02:31:40 AM
....The manifestos mention how much more money each party wants to give the NHS. The Tories are promising an extra £8bn a year in England, Labour even more, while the Lib Dems want to raise income tax by a penny-in-the-pound. ...
Income tax: Record numbers paying top rate of 45p image
Source : Daily Express [Read Article] Thursday 1st of June 2017 12:01:00 AM
.... . The threshold for the "additional rate" of tax has remained at £150,000 since it was introduced – with Labour suggesting this should come down to £80,000 should it win the General Election. ...
Labour plans inheritance tax raid: Jeremy Corbyn sets his sights on YOUR inheritance image
.... At the same time, those age 65 and over are sitting on record levels of property wealth. However, anyone banking on an inheritance to get on in life could see their hopes dashed if Jeremy Corbyn's Labour Party wins next week's election, as it is planning an inheritance tax (IHT) raid. ...
Sterling recovers after hung parliament prediction image
Source : BBC [Read Article] Wednesday 31st of May 2017 12:06:08 AM
....30 level ever since. The YouGov data suggested that the Tories could lose up to 20 of the 330 seats they held in the last parliament, with Labour gaining nearly 30 seats. ...
Reality Check: The fight over women's state pensions image
Source : BBC [Read Article] Monday 29th of May 2017 02:29:06 PM
....Pension policy is not devolved, so both parties will have to use their influence in Westminster if they want to see any changes. In its manifesto the Labour Party said that women affected by the 2011 pension changes deserve "some kind of compensation for their losses". ...
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. ...
'I can't pay the rent' image
Source : BBC [Read Article] Saturday 27th of May 2017 11:07:29 PM
....She wants the next government to introduce five-year leases to give tenants more security. Labour manifesto. ...
This election ignores the most pressing issue: our economic outlook is disastrous | Laura Gardiner image
.... The vast majority of huge Conservative welfare cuts announced in the last parliament will be rolled out in the next one, cuts that will make the poorest third of households worse off by more than £1,000 per year. Labour, the party that exists to represent the families that are due to suffer most, plans to keep more than three-quarters of them in place. ...
Labour’s hope doesn’t usually play well in an age of anxiety image
Source : Guardian [Read Article] Saturday 27th of May 2017 04:00:32 PM
.... And fortunately for Theresa May, the trends of the last few months play into her party’s hands. For Labour, jitters over Britain’s economic outlook only makes the mountain harder to climb. ...
FTSE reaches record high as UK opinion poll spooks sterling image
Source : Guardian [Read Article] Friday 26th of May 2017 06:37:09 PM
....The FTSE 100 jumped 63 points to close the day at 7,547, closely followed by the FTSE 250, seen as a better barometer of the health of UK business, which also reached an all-time closing high, rising 57 points to 20,024. The strong performance of the stock market followed a fall in the pound, which racked up its worst falls since early February after an opinion poll showed prime minister Theresa May’s lead down to just 5 percentage points over the Labour opposition less than two weeks before the election. ...
Winter Fuel Allowance: Tory means-testing to give 'trivial' savings, blasts IFS image
....But IFS deputy director Carl Emmerson said the two plans will make "wholly trivial" savings. The think-tank also laid into Labour's tax plans. ...
IFS to voters: you have a choice between the 'undeliverable' or 'unworkable' image
....A plague on both your houses. That, put simply, is the considered view of the Institute for Fiscal Studies on the tax and spending pledges made by the Conservative and Labour parties in their election manifestos. ...
IFS makes damning assessment of Tory and Labour manifestos image
Source : Guardian [Read Article] Friday 26th of May 2017 08:37:33 AM
....Neither of the two main parties “has set out an honest set of choices” to the public over their tax and spending plans, the Institute of Fiscal Studies has said. In a critical assessment of the Conservative and Labour party manifestos, the thinktank said both parties presented a misleading picture of the impact their polices would have over the course of the next parliament. ...

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