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Socially Most Trending News

....". Labour's Jeremy Corbyn said the U-turn showed a government "in chaos". ... [Read full article on BBC ]
Wednesday 15th of March 2017 12:30:48 PM
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....". Labour's Keir Starmer said the opposition would hold the government to account throughout the process, claiming the prime minister had failed to provide certainty about her plans or prepare for the "clear dangers" of not reaching a deal at all. ... [Read full article on BBC ]
Monday 20th of March 2017 11:39:42 AM
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....In the last 25 years, governments have tended to shy away from the issue. The Labour government made a rule that people extending their properties should be obliged to insulate the rest of their home too. ... [Read full article on BBC ]
Tuesday 28th of February 2017 12:07:22 AM
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....8% of all people in employment. The unemployment figures are based on the Labour Force Survey in which the ONS talks to about 40,000 households, or 100,000 individuals, every three months. ... [Read full article on BBC ]
Wednesday 15th of March 2017 09:32:42 AM
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.... . Labour leader Jeremy Corbyn said it was "a Budget of utter complacency". ... [Read full article on BBC ]
Tuesday 7th of March 2017 10:33:24 PM
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....But most peers wanted a unilateral move from the UK government. Labour's shadow Brexit minister Lady Hayter said the concerns of EU nationals here and British expats living in Europe shouldn't be "traded against each other". ... [Read full article on BBC ]
Wednesday 1st of March 2017 07:06:57 PM
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.... . Labour's Yvette Cooper, who chairs the Home Affairs Select Committee, reacted on Twitter. ... [Read full article on BBC ]
Saturday 11th of March 2017 01:00:09 PM
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.... Further details are expected later this week. However, Labour MP Yvette Cooper told the Guardian the apology had not gone far enough. ... [Read full article on BBC ]
Monday 20th of March 2017 10:09:41 AM
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Tuesday 7th of March 2017 10:29:53 PM
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.... The VVD Party is now expected to lead a new government. Jeroen Dijsselbloem of the Netherlands' left-leaning Labour party (PvdA) has called for expanding a proposed law giving the national government power to block telecommunications sector takeovers to include all industries. ... [Read full article on BBC ]
Tuesday 21st of March 2017 12:01:56 AM
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....5% in 2004. The three MPs who have secured the debate on Thursday – former Tory minister John Penrose, Labour’s Caroline Flint and the SNP’s Patricia Gibson – are being backed by at least 50 colleagues across all parties. ... [Read full article on Guardian ]
Sunday 12th of March 2017 12:05:09 AM
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.... He stresses that this will not be used as a reason to spend more, signalling there will be no easing off on austerity. The chancellor moves on to a few digs at the opposition for ‘recklessly’ wanting to borrow more, carrying on George Osborne’s strategy of trying to paint Labour as fiscally irresponsible. ... [Read full article on Guardian ]
Wednesday 8th of March 2017 12:41:30 PM
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....The offer of a free hot beverage for myWaitrose members has not been without controversy. In 2014, Labour raised concerns about the promotion, claiming it was hurting independent traders nearby. ... [Read full article on BBC ]
Tuesday 21st of March 2017 11:13:26 AM
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....The chancellor said he would increase class four national insurance contributions (NICs) by one percentage point to 10% in April 2018, rising again to 11% in 2019. A Labour spokesman condemned what he called a “sole traders tax” – though the Treasury pointed out that the changes would only hit those whose profits exceeded £8,000, and many of those were due to benefit from a separate change due to take effect in April, which will see class two NICs, also paid by the self-employed, abolished. ... [Read full article on Guardian ]
Wednesday 8th of March 2017 04:05:32 PM
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....Business rates are a "ticking time bomb" for small companies in England which should be offered emergency help, the shadow business secretary has said. Labour's Rebecca Long-Bailey said many firms faced "cliff-edge" rises when new valuations take effect in April and that the process had been mishandled. ... [Read full article on BBC ]
Sunday 26th of February 2017 08:29:46 PM
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....She said there was a "long way" to go to solve the problems, but "everyone in the workplace deserves better than this". Speaking in the same debate, Labour's Gill Furniss said her daughter had suffered a metatarsal fracture having had to wear high heels in a retail job. ... [Read full article on BBC ]
Monday 6th of March 2017 02:21:10 PM
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Wednesday 15th of March 2017 12:27:24 PM
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....”. Frank Field, the Labour MP who co-led the parliamentary investigation and led the calls for Green to make good the pension scheme, welcomed the deal. ... [Read full article on Guardian ]
Tuesday 28th of February 2017 02:42:06 PM
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....39 for men, the Fawcett Society found. The report is based on analysis of ONS Labour Force Survey figures from 2010 to 2015, which collects information from 100,000 people every three months. ... [Read full article on BBC ]
Monday 6th of March 2017 03:57:19 PM
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.... The outcome of the consultation is not yet known but she faced criticism for backing down from an idea to install workers on boards. Her intervention came after the coalition government gave investors a new binding vote on how a company intended to operate its pay policy for three years, in addition to the advisory vote on annual pay deals introduced by the Labour government 15 years ago. ... [Read full article on Guardian ]
Sunday 19th of March 2017 12:59:57 PM
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....”. But his response was deemed inadequate by Yvette Cooper, Labour MP and home affairs select committee chair, who said the company was “failing to do enough” to weed out extremist content. ... [Read full article on Guardian ]
Monday 20th of March 2017 12:23:08 PM
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.... . Former Labour minister Lord Mandelson described Mr Diamond as the "unacceptable face of banking", claiming he had been paid a salary of £63m for "deal-making and shuffling paper around". ... [Read full article on BBC ]
Friday 17th of March 2017 07:45:59 AM
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....Ministers have yet to even officially acknowledge that Macquarie is the preferred bidder, citing commercial confidentiality, but sources close to the process told the Guardian that a sale was due to be announced within weeks. Labour said the government’s lack of transparency was putting at risk the environmental purposes of the bank, which have led to investments in renewable and waste projects across the UK. ... [Read full article on Guardian ]
Wednesday 1st of March 2017 07:01:01 AM
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....He insisted ministers had honoured a "broad commitment" not to raise taxes. Labour urged the government to "think again" on the change, which will mean 1. ... [Read full article on BBC ]
Thursday 9th of March 2017 04:44:28 AM
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....". Labour leader Jeremy Corbyn raised the future of the plant during prime minister's questions in the House of Commons. ... [Read full article on BBC ]
Wednesday 1st of March 2017 08:37:23 AM
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....Neale, who grew up in Ebbw Vale, a former steel town in the heart of the Welsh valleys, dismisses “all the wealth rubbish” but paraphrases Lord Kinnock, describing himself as the “first Neale in a thousand generations” to go to university. Both his parents worked in the Ebbw Vale Steelworks but after winning a scholarship to the Haberdashers’ Monmouth School he went on to study physics at Bailliol College, Oxford, where peers included Boris Johnson, the foreign secretary, and Labour MP Yvette Cooper. ... [Read full article on Guardian ]
Monday 27th of February 2017 09:35:52 AM
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....But in sometimes bruising exchanges, Kirby was criticised by MPs from all sides for giving complacent answers to questions, and for failing to acknowledge the ease with which such cash can be transferred through London, which is now seen as one of the money-laundering capitals of the world. Labour called for the debate after the Guardian revealed that police in eastern Europe have been investigating how at least $20bn was moved out of Russia during a four-year period from 2010. ... [Read full article on Guardian ]
Tuesday 21st of March 2017 06:33:29 PM
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....". Labour MP Grahame Morris, whose Easington constituency includes the Peterlee factory, described the announcement as a "bitter blow" for East Durham. ... [Read full article on BBC ]
Wednesday 1st of March 2017 12:23:35 PM
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....”. 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. ... [Read full article on Guardian ]
Friday 17th of March 2017 12:51:44 PM
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....He also acknowledged social care budgets were under particular pressure but said this was "not just about money". Labour said the government was putting money aside to prepare for Brexit which should instead be spent on the NHS. ... [Read full article on BBC ]
Sunday 5th of March 2017 02:20:28 AM
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Latest Finance News related to Labour

Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
. The boss of British Gas’s parent company was handed a pay increase of nearly 40% last year, a raise Labour attacked as “astronomical” and a “kick in the teeth” for millions of families living in fuel poverty. ...
Number of women working past 70 in UK doubles in four years image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 01:05:53 PM
.... After that it will be linked to life expectancy. Last year Labour’s Frank Field said women caught in the pension age trap were £40,000 out of pocket with many having to sell their homes and go without essentials because of unfair changes to the state pension age. ...
Police to examine 'Global Laundromat' money laundering allegations image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:33:29 PM
....But in sometimes bruising exchanges, Kirby was criticised by MPs from all sides for giving complacent answers to questions, and for failing to acknowledge the ease with which such cash can be transferred through London, which is now seen as one of the money-laundering capitals of the world. Labour called for the debate after the Guardian revealed that police in eastern Europe have been investigating how at least $20bn was moved out of Russia during a four-year period from 2010. ...
MP warns of housing strain caused by holiday lets image
Source : BBC [Read Article] Tuesday 21st of March 2017 05:22:50 PM
....Illegal sub-letters and property magnates are taking advantage of Airbnb and similar-style sites to rake in tax-free cash, an MP says. Labour's Karen Buck said renting out properties for short holiday lets can produce up to three times the income of more traditional flat rentals. ...
City minister in right and proper pickle over financial crime image
Source : Guardian [Read Article] Tuesday 21st of March 2017 04:53:03 PM
.... Having recently been relieved of any involvement in Brexit after everyone realised he was hopelessly out of his depth, the Treasury was conducting a process of elimination to discover if there was anything he could do well. On the basis of his answers to an urgent question from Labour on the Guardian’s allegations about British banks processing billions of pounds of dirty Russian money, the answer might well be nothing. ...
Waitrose coffee change gives grounds for complaint image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:13:26 AM
....The offer of a free hot beverage for myWaitrose members has not been without controversy. In 2014, Labour raised concerns about the promotion, claiming it was hurting independent traders nearby. ...
Sir Philip Green 'could get £15m refund from £363m BHS payout' image
Source : Guardian [Read Article] Tuesday 21st of March 2017 06:30:06 AM
. Sir Philip Green is in line for a £15m refund from his £363m deal to rescue the BHS pensions scheme, Labour MP Frank Field has claimed. ...
AkzoNobel wins Dutch political support against possible bid image
Source : BBC [Read Article] Tuesday 21st of March 2017 12:01:56 AM
.... The VVD Party is now expected to lead a new government. Jeroen Dijsselbloem of the Netherlands' left-leaning Labour party (PvdA) has called for expanding a proposed law giving the national government power to block telecommunications sector takeovers to include all industries. ...
Head of Google Europe apologises over ads on extremist content image
Source : Guardian [Read Article] Monday 20th of March 2017 12:23:08 PM
....”. But his response was deemed inadequate by Yvette Cooper, Labour MP and home affairs select committee chair, who said the company was “failing to do enough” to weed out extremist content. ...
Article 50: Theresa May to trigger Brexit process next week image
Source : BBC [Read Article] Monday 20th of March 2017 11:39:42 AM
....". Labour's Keir Starmer said the opposition would hold the government to account throughout the process, claiming the prime minister had failed to provide certainty about her plans or prepare for the "clear dangers" of not reaching a deal at all. ...
Thousands join UK legal case against VW over emissions scandal image
Source : Guardian [Read Article] Monday 20th of March 2017 10:27:25 AM
....”. Mary Creagh, the Labour chair of the Commons environmental audit committee, said the government should take VW to court. ...
Google apologises after ads appear next to extremist content image
Source : BBC [Read Article] Monday 20th of March 2017 10:09:41 AM
.... Further details are expected later this week. However, Labour MP Yvette Cooper told the Guardian the apology had not gone far enough. ...
Labour demands answers over George Osborne's Evening Standard job image
Source : Guardian [Read Article] Sunday 19th of March 2017 08:00:16 PM
. George Osborne’s appointment at the London Evening Standard while remaining a Conservative MP could be a potential conflict of interest with government advertising budgets, Labour has said. ...
British firms warned over new wave of pay revolts at AGMs image
Source : Guardian [Read Article] Sunday 19th of March 2017 12:59:57 PM
.... The outcome of the consultation is not yet known but she faced criticism for backing down from an idea to install workers on boards. Her intervention came after the coalition government gave investors a new binding vote on how a company intended to operate its pay policy for three years, in addition to the advisory vote on annual pay deals introduced by the Labour government 15 years ago. ...
Ruth Davidson doubts George Osborne's ability to remain an MP image
Source : Guardian [Read Article] Sunday 19th of March 2017 11:43:24 AM
....Osborne’s case raised the “issue of how much time MPs have to devote to their parliamentary work,” Bew said. Labour’s elections chief, Andrew Gwynne MP, has written to the Cabinet Office to raise concerns about the potential conflict of interest in Osborne taking the role while remaining an MP. ...
Aberdeen wrestles with hard choices as independence looms again image
Source : Guardian [Read Article] Saturday 18th of March 2017 03:59:43 PM
....“I was a campaigner for remaining [in 2014] because I didn’t believe, even with the oil price at the height it was, that it was sensible economics to base the whole of your future on that one industry; we’d seen the peaks and troughs before. Since the oil slump, I think it’s clear those arguments were not sound,” says the Scottish Labour councillor. ...
Theresa May echoes Ed Miliband with promise to reform energy market image
Source : Guardian [Read Article] Friday 17th of March 2017 04:53:15 PM
....Theresa May’s government is preparing to intervene in Britain’s energy market to weaken the influence of the big six providers and stop the poorest families being forced on to the most expensive tariffs. In a speech that had echoes of the previous Labour leader, Ed Miliband, who promised to introduce an energy price freeze, the prime minister argued that the market was “manifestly not working for all consumers”. ...
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. ...
If big business is to thrive, it needs a strong welfare state | Phil McDuff image
.... The financial crisis was 10 years ago but austerity looks set to continue into the middle of the next decade, as we endlessly wait for the recovery that’s always round the corner. The chancellor, Philip Hammond, berated Labour during his budget speech for wanting to “saddle our children and burden our future”, but young people who entered the jobs market in 2010 will be in their mid-to-late 30s before austerity is projected to end. ...
Bob Diamond in deal to buy stockbroker Panmure Gordon image
Source : BBC [Read Article] Friday 17th of March 2017 07:45:59 AM
.... . Former Labour minister Lord Mandelson described Mr Diamond as the "unacceptable face of banking", claiming he had been paid a salary of £63m for "deal-making and shuffling paper around". ...
Philip Green's lavish party for his 65th ends exile from social circuit image
Source : Guardian [Read Article] Thursday 16th of March 2017 08:27:49 PM
....”. The Labour MP Frank Field, who has locked horns with Green over BHS’s fate, said: “I couldn’t think of a better way of rubbing the noses of BHS pensioners and the 11,000 people who lost their jobs in his mess than hosting a birthday party at one of the most expensive hotels in the Britain. ...
Scotland's exam body promises living wage after £6 hourly rate revealed image
Source : Guardian [Read Article] Thursday 16th of March 2017 02:59:31 PM
....The authority repeatedly denied that that fee broke Scotland’s living wage rules because in theory, it said, invigilators would work a mixture of short or long days which would balance out over the full exam season. But the SQA also admitted it had no way of checking that was true by monitoring payments to individual invigilators, leading Daniel Johnson, a Scottish Labour MSP, to ask HM Revenue & Customs to launch an investigation last year under the UK’s minimum wage legislation. ...
Fox takeover bid for Sky to be reviewed image
Source : BBC [Read Article] Thursday 16th of March 2017 11:37:23 AM
....Amol Rajan: Is Fox and Sky deal different this time?. Labour MP David Winnick was among those to object to the deal. ...
Rupert Murdoch's Sky bid to be investigated by UK regulator image
Source : Guardian [Read Article] Thursday 16th of March 2017 11:35:05 AM
....”. Both Watson and fellow Labour MP Ed Miliband raised concerns that Ofcom’s 40-day time limit is not long enough to conduct a “fit and proper” review. ...
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. ...
Jobless rate down but wage growth slows image
Source : BBC [Read Article] Wednesday 15th of March 2017 09:32:42 AM
....8% of all people in employment. The unemployment figures are based on the Labour Force Survey in which the ONS talks to about 40,000 households, or 100,000 individuals, every three months. ...
First class could be axed in next Southeastern rail franchise image
Source : Guardian [Read Article] Tuesday 14th of March 2017 05:50:33 PM
....Southeastern commuters may also find their journeys altered by proposals to run all services to a single London terminal, such as all Dartford trains to Cannon Street, to maximise capacity. Labour’s shadow transport secretary, Andy McDonald MP, said that it would need “more than tinkering around the edges to deliver much needed improvements”. ...
Charlotte Hogg resigns as Bank of England deputy governor image
Source : Guardian [Read Article] Tuesday 14th of March 2017 09:33:31 AM
.... Hogg had joined the bank as chief operating officer in 2013 but moved to the number two job on 1 March. John Mann, a Labour MP who sits on the committee, described it as the “strongest opinion ever made by a Treasury committee”. ...
Bank of England deputy Charlotte Hogg to face MPs' verdict image
Source : Guardian [Read Article] Monday 13th of March 2017 07:57:32 PM
....One committee member said on Monday evening that Hogg’s promotion had to be scrapped. “Feelings have undoubtedly hardened and I cannot possibly see how her promotion can go ahead,” said Labour MP John Mann. ...
Budget help for pubs only a 'stay of execution', says MP image
Source : Guardian [Read Article] Monday 13th of March 2017 06:34:39 PM
. The government’s pledge to protect England’s pubs by giving them a £1,000 business rates discount has been described as a “stay of execution” rather than long-term support by a Labour MP, as new industry estimates suggested thousands of businesses would get no help at all. ...
Bogus self-employment exploits workers and scams the taxman | Paul Mason image
....So what do we do? Last week, Philip Hammond made the worst possible decision: to impose £2bn of new tax obligations – in the form of national insurance – on the medium-earning self-employed, without offering any quid pro quo. Labour opposed him, saying a rise in obligations should mean a corresponding extension of rights. ...
How to beat UK energy price rises image
Source : Guardian [Read Article] Monday 13th of March 2017 12:20:57 PM
.... But apparently for your energy bill, loyal customers in the view of big energy firms are there to be exploited and not rewarded – and that doesn’t seem fair,” he said. After the Npower price rise, the shadow chancellor, John McDonnell, suggested he would cap price rises if he came to office, but Labour has yet to flesh out the details. ...
No-deal Brexit 'would put UK in worst trading position of rich nations' image
....If Britain leaves the European Union without a replacement trade deal its commercial links with the bloc will overnight become less favourable than any other major industrialised nation, a cross-party campaign has warned as Theresa May prepares to trigger article 50. Research commissioned by the Labour MP Pat McFadden – a supporter of Open Britain, which campaigns for continued ties with Europe in the aftermath of Brexit – found that no members of the G20 group of richer nations currently interact with the EU without some sort of trade arrangement. ...
Standup chancellor shuns sit-down with Tyrie image
Source : Guardian [Read Article] Sunday 12th of March 2017 07:00:17 AM
....Not this time. Having already broken convention by abolishing future spring budgets and then using his final one to deliver a few gags (“they don’t call it the last Labour government for nothing”), Philip Hammond will be spared from explaining himself to Andrew Tyrie and co this week. ...
Energy companies ‘ripping off’ millions, ministers say image
Source : Guardian [Read Article] Sunday 12th of March 2017 12:05:09 AM
....5% in 2004. The three MPs who have secured the debate on Thursday – former Tory minister John Penrose, Labour’s Caroline Flint and the SNP’s Patricia Gibson – are being backed by at least 50 colleagues across all parties. ...
Tesco chairman: White men 'endangered species' in UK boardrooms image
Source : BBC [Read Article] Saturday 11th of March 2017 01:00:09 PM
.... . Labour's Yvette Cooper, who chairs the Home Affairs Select Committee, reacted on Twitter. ...
Budget 2017: Self-employed 'tax raid' a 'rookie error' image
Source : BBC [Read Article] Saturday 11th of March 2017 09:22:56 AM
....". Labour and the Liberal Democrats have criticised the change - as did more than a dozen Conservative MPs, including Iain Duncan Smith, John Redwood, Anna Soubry and Dominic Raab. ...
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
.... We also don’t know precisely when, or if, the NI changes will be approved by parliament. 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. ...
Bank of England deputy governor's future hangs in balance image
Source : Guardian [Read Article] Friday 10th of March 2017 07:18:25 PM
....When the controversy erupted last week, Carney moved to draw a line under the matter by issuing Hogg – regarded as a leading candidate to succeed him – with a rare verbal warning. However, John Mann, a Labour MP who sits on the Treasury committee, described her position as untenable. ...
Ticket touts face unlimited fines for using 'bots' to buy in bulk image
Source : Guardian [Read Article] Friday 10th of March 2017 07:15:05 PM
....Efforts to step up scrutiny of firms’ adherence to consumer laws is also aimed at sites that sell tickets whose terms and conditions specifically ban resale, meaning fans are turned away at the door. Labour MP Sharon Hodgson, a long-time campaigner for ticket reform, welcomed measures she said would address a “broken and parasitic market”. ...
Banker Charlotte Hogg’s error is a cautionary tale for the privileged | Deborah Orr image
.... Conservatives believe this absolutely. People are unforgiving of New Labour because (among other reasons) it thought it could make that principle a cornerstone of social democracy. ...
Striver? Tory architect of austerity George Osborne banks £1m fortune image
.... Acoba has failed to block a single ex-minister’s new money-spinning job over the last eight years, and more than 370 politicians’ lucrative appointments have been approved by the watchdog. Veteran Labour MP Paul Flynn, who sits on the public administration select committee, said that Osborne and other former ministers were “making money out of their ministerial experience [is] dragging the reputation of politicians deeper into the gutter”. ...
US jobs report means Fed rate hike is a bolt-on certainty image
Source : Guardian [Read Article] Friday 10th of March 2017 03:03:04 PM
....It certainly seems unlikely that next Wednesday’s rise will be the end of the matter. The report from the Bureau of Labour Statistics showed employment up by more than the 190,000 expected by Wall Street and unemployment at 4. ...
Forget Brexit: housing is the key issue for Labour | Phil McDuff image
Source : Guardian [Read Article] Friday 10th of March 2017 12:04:31 PM
.... You cannot on the one hand steadily increase the value of housing relative to the median wage, and on the other reduce the price. The last Labour government tried to bypass the contradiction, subsidising high rents through the housing benefit system. ...
May defends 'fair' National Insurance rise amid criticism image
Source : BBC [Read Article] Thursday 9th of March 2017 08:28:31 PM
....Think tank backs NI rise. Labour and the Liberal Democrats criticised the change - as did more than a dozen Conservative MPs, including Iain Duncan Smith, John Redwood, Anna Soubry and Dominic Raab. ...
May and Hammond face serious Tory revolt over tax on self-employed image
Source : Guardian [Read Article] Thursday 9th of March 2017 04:59:51 PM
.... At least five more, among them a cabinet minister, have indicated some opposition to the move. The Labour MP Chris Leslie wrote on Thursday that the Commons library had told him any national insurance changes had to be passed in a dedicated bill, which could be vulnerable to rebellion. ...
The shameless Tories have betrayed the self-employed – and themselves | John Harris image
....First of all, as proved by Hammond’s painful media rounds the morning after the budget, no amount of dissembling can disguise the fact that the NI hike is a brazen breaking of a 2015 Tory manifesto – “We can commit to no increases in VAT, income tax or national insurance” – which blurred out into no end of rhetoric about how the mere idea of pushing up national insurance was the stuff of economic calamity. Circa 2014-15, despite Labour’s denials that it planned any such thing, David Cameron habitually used warnings about a rise against Ed Miliband. ...
Institute for Fiscal Studies backs National Insurance increase image
Source : BBC [Read Article] Thursday 9th of March 2017 01:00:13 PM
....National Insurance rise due to 'new challenges'. And Labour's shadow chancellor, John McDonnell, said his party could even join forces with rebel Conservatives who say the increase does little to encourage enterprise and risk-taking. ...
Budget 2017: manifesto row clouds chancellor's attempt at low-key package image
....The chancellor’s attempt at a low-key package threatened to be overshadowed by a row over whether the plan to bring NICs for the employed and self-employed into line would both stifle enterprise and break a commitment made by David Cameron in 2015. The Conservatives vowed there would be no increases in income tax, VAT or NICs for the duration of the 2015-2020 parliament and during the last election campaign senior Tories accused then Labour leader Ed Miliband and his shadow chancellor, Ed Balls, of plotting to raise NICs, “hitting hard-working taxpayers and costing jobs”. ...
Hammond was a picture of relaxed swagger – because he was in the ring alone image
....The source of that confidence was apparent in the target of Hammond’s humour offensive. Languidly, he took a series of swipes at Corbyn and the Labour benches. ...
Hammond seems to be expecting business rates storm to just blow over image
Source : Guardian [Read Article] Wednesday 8th of March 2017 07:42:51 PM
.... The logic is that paying yourself in dividends is an advantage available only to the self-employed, who will often be owners of companies. All the same, the cut in dividend allowance will capture a lot of wealthy investors who, to put it mildly, probably aren’t natural Labour voters. ...
Philip Hammond's budget is a long way from tackling future challenges | Larry Elliot image
.... As Andrew Harrop, general secretary of the Fabian Society, has pointed out, real spending on non-pension social security will fall 6% by 2021, which will translate into lower living standards and less spending power for families. “As a share of GDP welfare spending will fall to the lowest level since 1991, excluding the state pension and support for the unemployed, undoing all the good work new Labour did to tackle child poverty,” Harrop added. ...
Budget 2017: What it means for education - £500m boost paves way for new grammar schools image
. It includes £320 million for extra state-funded “free schools” which could become the first new grammar schools in half a century if the Tories overturn Labour’s 1998 ban on new ones. ...
Philip Hammond breaks manifesto pledge with budget tax grab image
Source : Guardian [Read Article] Wednesday 8th of March 2017 04:05:32 PM
....The chancellor said he would increase class four national insurance contributions (NICs) by one percentage point to 10% in April 2018, rising again to 11% in 2019. A Labour spokesman condemned what he called a “sole traders tax” – though the Treasury pointed out that the changes would only hit those whose profits exceeded £8,000, and many of those were due to benefit from a separate change due to take effect in April, which will see class two NICs, also paid by the self-employed, abolished. ...
DPD and Parcelforce face MPs' questions over working conditions image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:58:20 PM
....Parcel delivery firms DPD and Parcelforce Worldwide could be called before a parliamentary committee to answer questions about the working conditions faced by their self-employed couriers. Frank Field, the Labour MP who chairs the work and pensions select committee, has written to the bosses of both companies asking them to contribute to an ongoing inquiry into the gig economy, after the Guardian revealed drivers were charged up to £250 if they could not provide cover when they were ill. ...
Philip Hammond’s budget – our writers give their views | Polly Toynbee, Zoe Williams, Frances Ryan, Faiza Shaheen and Kate Maltby image
....Meanwhile, there were concessions in business rates, primarily for businesses only just growing too big to benefit from “small business” rate relief, and for the much-loved British pub. There were plenty of jibes for the Labour benches opposite – black hole jokes and references to driverless vehicles. ...
Self-employed hit by national insurance hike in budget image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:24:49 PM
....However, the increase has triggered criticisms that the Conservatives are reneging on a 2015 manifesto pledge that committed the government “to no increases in VAT, income tax or national insurance” – while the reception from the business community was less than positive. Labour said it would oppose the policy, with the shadow chancellor, John McDonnell, saying: “Labour will oppose the £2bn Tory tax on self-employed lower-middle earners. ...
Key points of the budget 2017 – at a glance image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:41:30 PM
.... He stresses that this will not be used as a reason to spend more, signalling there will be no easing off on austerity. The chancellor moves on to a few digs at the opposition for ‘recklessly’ wanting to borrow more, carrying on George Osborne’s strategy of trying to paint Labour as fiscally irresponsible. ...
Bank of England deputy governor gets warning over conflict of interest image
....It also emerged that Hogg did not disclose her brother’s job at Barclays in her application for the deputy governorship, submitted to the Treasury. John Mann, a Labour MP and a member of the Treasury committee, said that Hogg’s position as deputy governor was untenable in light of the revelations and she should resign. ...
Philip Hammond urged to pause cut in benefits for widowed parents image
Source : Guardian [Read Article] Tuesday 7th of March 2017 09:00:38 AM
....Alicky Sussman said she was five years widowed and working part-time because her children needed her more than ever. The issue has been raised in parliament by Labour’s Stella Creasy who told colleagues about a constituent called Ros, whose husband died in 2014 and who had given up work earlier to support him during his illness. ...
Government abdicating responsibility for social care, say providers image
Source : Guardian [Read Article] Tuesday 7th of March 2017 07:00:36 AM
....It is likely to be directed at schemes that aim to tackle what the NHS calls delayed transfers of care, or “bedblocking”, and the risk of mainly older patients being admitted or readmitted to hospital. However, the chancellor is set to face down demands from Labour, the British Medical Association and many NHS bodies by refusing to increase the health service’s budget beyond the sums already agreed. ...
Goodbye Spring Budget image
Source : BBC [Read Article] Tuesday 7th of March 2017 12:11:17 AM
....Firstly, the Conservative Chancellor Ken Clarke effectively merged the two big announcements into one autumn Budget in 1993. Later, Labour's Chancellor Gordon Brown moved the Budget back to the Spring but re-badged the Autumn Statement as a "pre-Budget report". ...
Theresa May must give Vauxhall assurances over Brexit, says Labour image
Source : Guardian [Read Article] Monday 6th of March 2017 08:03:56 PM
....Theresa May is facing calls to guarantee that Brexit will not harm the operations of Vauxhall after PSA, the French owner of Peugeot and Citroën, announced a deal to buy the British car manufacturer. Labour said the company would need stronger assurances from the government about UK carmaking after Brexit, despite PSA’s claim that it wants to avoid factory closures and job cuts in the UK. ...
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. ...
In the Vauxhall towns, workers view PSA takeover with unease image
Source : Guardian [Read Article] Monday 6th of March 2017 06:59:58 PM
....Vauxhall has been at Luton since 1905. Gavin Shuker, Labour MP for Luton South and a lifelong resident, said its significance remains strong. ...
Gender pay gap in 'reverse' for some ethnic groups image
Source : BBC [Read Article] Monday 6th of March 2017 03:57:19 PM
....39 for men, the Fawcett Society found. The report is based on analysis of ONS Labour Force Survey figures from 2010 to 2015, which collects information from 100,000 people every three months. ...
High heels row: MPs 'shocked' by women's dress code stories image
Source : BBC [Read Article] Monday 6th of March 2017 02:21:10 PM
....She said there was a "long way" to go to solve the problems, but "everyone in the workplace deserves better than this". Speaking in the same debate, Labour's Gill Furniss said her daughter had suffered a metatarsal fracture having had to wear high heels in a retail job. ...
Peugeot-Citroën chief vows to save jobs in Vauxhall/Opel takeover image
Source : Guardian [Read Article] Monday 6th of March 2017 12:35:46 PM
....”. The Labour MP for Ellesmere Port, Justin Madders, is meeting Clark on Monday, and said the Vauxhall takeover was an important test of the UK’s industrial strategy. ...
Brexit budget: what leave and remain voters in Hull and London want image
Source : Guardian [Read Article] Monday 6th of March 2017 08:23:59 AM
....Patricia Sproat, 79, and Becky Worrall, in her 30s, are sitting at adjoining stalls selling bric-a-brac. Both describe themselves as working class lasses and say they vote Labour. ...
Philip Hammond vows UK will fight back if it gets bad Brexit deal image
Source : Guardian [Read Article] Sunday 5th of March 2017 11:06:21 AM
....”. The chancellor rejected calls from Labour’s John McDonnell for him to publish his tax returns. ...
Budget 2017: No 'spending sprees', Hammond warns image
Source : BBC [Read Article] Sunday 5th of March 2017 02:20:28 AM
....He also acknowledged social care budgets were under particular pressure but said this was "not just about money". Labour said the government was putting money aside to prepare for Brexit which should instead be spent on the NHS. ...
No bed of roses image
Source : BBC [Read Article] Sunday 5th of March 2017 01:12:42 AM
....". While discussions about a minimum wage are continuing within the horticulture sector, Stephen Oburo from the Federation of Kenyan Employers, an affiliate of Kenya's Labour Ministry, claims that the onus should be shifted to employees rather than employers in order to exercise fair workers' rights. ...

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