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Latest Finance News related to Prime Minister

Jeremy Corbyn could rip away YOUR state pension: Labour set to 'means-test' key benefit image
....A leading expert today said the current system - where you pay National Insurance contributions for a minimum of 35 years and are then entitled to a new, flat rate full state pension of £159. 55 per week - is safe under Prime Minister Theresa May. ...
Hinkley Point: EDF adds £1.5bn to nuclear plant cost image
Source : BBC [Read Article] Monday 3rd of July 2017 01:28:56 PM
....EDF is building two new reactors at Hinkley Point, which are expected to provide 7% of the country's electricity needs for 60 years. Work is under way on the plant in Somerset after Prime Minister Theresa May formally gave it the go-ahead in September last year. ...
Soft Brexit, hard Brexit – What is the difference for expats? image
Source : Daily Express [Read Article] Friday 23rd of June 2017 02:24:00 PM
....Residency rights for UK expats. The Prime Minister promised that EU citizens currently living in the UK would have their rights protected as long as the EU pledged to do the same for the 1. ...
Election 2017 pound latest: Should you buy euros and dollars after hung parliament? image
....The pound is now set to be impacted by how the new Government is formed and what it means for Brexit negotiations. Richard Berry, of the currency specialists, Berry FX, said: "What should have been a coronation for the Prime Minister, and a sustained boost for the Pound, has turned into a political and economic Mayday. ...
Japan growth rate revised down but business spending improves image
Source : BBC [Read Article] Thursday 8th of June 2017 07:28:41 AM
...."The current [economic] expansion already is the longest in more than a decade," he added. Prime Minister Shinzo Abe has been pushing Japanese consumers and companies to spend more in the run-up to the Tokyo Olympics in 2020. ...
Pound V euro: GBP exchange rate against EU strengthens as Tories tipped to win election image
....However with the majority of polls pointing to a lead for the Tories larger than the seven-points that they secured in the 2015 general election sterling has begun to strengthen. Investors are hopeful that a larger number of seats in parliament will grant the Prime Minister the mandate to pursue her plans for Brexit and strengthen the government’s position in negotiations when they officially begin later this month. ...
Labour plans inheritance tax raid: Jeremy Corbyn sets his sights on YOUR inheritance image
....". Prime Minister Theresa May's "dementia tax" could see family wealth eaten up by care fees, unless she introduces a meaningful cap on total contributions. ...
Sterling recovers after hung parliament prediction image
Source : BBC [Read Article] Wednesday 31st of May 2017 12:06:08 AM
....Sterling has recovered after being hit by a projection suggesting the Conservatives could fail to win a majority in the general election. Previous opinion polls suggested Prime Minister Theresa May's party would increase its majority of 17 seats. ...
BA to take 'some days' to clear baggage backlog image
Source : BBC [Read Article] Monday 29th of May 2017 11:17:43 PM
....Thousands of BA passengers worldwide are still without their bags and have been bombarding the airline's lost luggage phone lines, website and social media feeds. Prime Minister Theresa May has also called on the airline to compensate passengers left stranded over the bank holiday weekend. ...
Sean FitzPatrick cleared as Anglo Irish trial collapses image
Source : BBC [Read Article] Tuesday 23rd of May 2017 01:04:32 PM
.... It was still very much 'Seanie's bank'. He became an admired and influential figure, at one stage acting as an unofficial advisor to Prime Minister Brian Cowen. ...
EU's Barnier refuses to imagine UK Brexit talks walkout image
Source : BBC [Read Article] Monday 22nd of May 2017 01:08:19 PM
.... In a communique on Monday, EU officials stressed that a key to the talks' success would be their transparency for all sides. UK Prime Minister Theresa May emphasised the importance of the negotiations in the days after voters choose a new government on 8 June. ...
Greece adopts more austerity measures in bailout bid image
Source : BBC [Read Article] Thursday 18th of May 2017 10:22:53 PM
....3bn) loan plus debt relief. Speaking after the vote, Prime Minister Alexis Tsipras said Greece had met its commitments on reforms and now expected lenders to agree to debt relief. ...
Japan's economy grows faster than expected image
Source : BBC [Read Article] Thursday 18th of May 2017 09:25:20 AM
....Exporters have been helped by the recent falls in the yen against the US dollar, which has made their products more competitive and has boosted the value of profits earned overseas. The data could provide a lift to Prime Minister Shinzo Abe as his government tries to encourage Japanese consumers and companies to spend more. ...
Greeks walk out in general strike over cuts image
Source : BBC [Read Article] Wednesday 17th of May 2017 08:32:45 AM
....A large number of professions were involved in the strike, including the biggest trade unions, the GSEE and ADEDY:. The new austerity measures will not come into force until 2019 and 2020 but Prime Minister Alexis Tsipras has to persuade eurozone finance ministers next Monday to provide the next loan instalment of €7. ...
SSE warns of 'consequences' of price cap image
Source : BBC [Read Article] Wednesday 17th of May 2017 08:17:10 AM
....Industry figures have criticised the plan, saying it could lead to higher prices. Prime Minister Theresa May said 17 million households would benefit by up to £100 from the cap on poor value standard variable tariffs. ...
Labour manifesto: Extra £48.6bn in tax revenue to fund pledges image
.... Labour has said the move, designed to reduce pay inequality by bearing down on "very high pay", will only apply to firms with "high numbers of staff". Speaking on a visit to Stoke-on-Trent, Prime Minister Theresa May said Labour's sums did not add up and people should be "worried" about what would happen if they won power. ...
Qantas chief Alan Joyce 'to press charges' over pie incident image
Source : BBC [Read Article] Wednesday 10th of May 2017 04:59:36 AM
....". Mr Joyce was one of 20 company chief executives who signed a petition in March calling on Prime Minister Malcolm Turnbull to legalise same-sex marriage. ...
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
....But how could the vote impact the pound? And what does this mean if you need to move money abroad?. Although the currency market generally hates uncertainty, the pound reacted positively to April’s surprise announcement from Prime Minister Theresa May regarding her plan to hold a general election on 8th June. ...
Macron wins French presidential election: Will you get more or less euros for your pounds? image
....However, while the results of the French election might not have had much of an impact on the GBP/EUR exchange rate yet, the new President could affect whether you get more or less euros for your pounds in the near-future. UK Prime Minister Theresa May was quick to offer her congratulations to Macron. ...
Euro slips after Macron wins French presidency image
Source : BBC [Read Article] Sunday 7th of May 2017 09:50:10 PM
.... . Following his victory, Prime Minister Theresa May called Mr Macron to congratulate him and they briefly discussed Brexit. ...
General election 2017: Lib Dems pledge winter fuel cuts to protect pensions image
....5% - whichever is highest. Prime Minister Theresa May has declined opportunities to confirm the Conservatives would guarantee the triple lock in their manifesto for the 8 June general election. ...
General election 2017: Labour rules out tax rises for 95% of earners image
.... He said that there was no big pot of gold out there that previous governments had overlooked. Prime Minister Theresa May has said she has "no plans" to raise other taxes after the election, but has declined to back a 2015 pledge that also ruled out rises in income tax and National Insurance. ...
State pension: Axing triple-lock has 'minimal savings and would hit poorest hardest' image
....5 per cent, wages or inflation each year. Labour has pledged to keep the triple lock in place until 2025, while Prime Minister Theresa May has so far refused to rule out scrapping it. ...
'Eat to extinction image
Source : BBC [Read Article] Friday 5th of May 2017 11:10:19 AM
....Alibaba and Denmark also signed a memorandum of understanding in March to increase Danish exports and promote the Nordic country as a tourist destination. Denmark's Prime Minister Lars Lokke Rasmussen also happened to be in China on an official visit this week. ...
Is NOW the right time to sell your foreign property? image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 12:00:00 AM
....10 against the euro and $1. 20 against the US dollar - Prime Minister Theresa May's decision to hold a snap general election sent the pound scurrying higher. ...
Rock music fan fights Viagogo over sky high concert ticket charges  image
Source : Daily Express [Read Article] Monday 1st of May 2017 12:01:00 AM
....”. Elusive Viagogo has been heavily criticised as being part of an online ticket marketplace industry that the Prime Minister has pledged to crack down on because of its practice of enabling resales at vastly inflated prices. ...
MPs call for end to 'bogus' self-employment image
Source : BBC [Read Article] Sunday 30th of April 2017 11:00:07 PM
....The review will look at security, pay and rights and it will also examine whether there are ways to increase opportunities for carers, people with disabilities and the elderly. Speaking on the subject last year, Prime Minister Theresa May said: "If we are to build a country that works for everyone - not just the privileged few - we need to be certain that employment regulation and practices are keeping pace with the changing world of work. ...
Pound hits seven-month dollar high image
Source : BBC [Read Article] Thursday 27th of April 2017 08:13:10 AM
....2893. Analysts said the rise was partly due to polls putting Prime Minister Theresa May well ahead of the opposition. ...
Should you buy euros before the next round of the French election? image
Source : Daily Express [Read Article] Wednesday 26th of April 2017 01:07:00 PM
. Earlier in April the GBP/EUR exchange rate surged after Prime Minister Theresa May unexpectedly announced the intention to hold a snap general election in June. ...
Millions could reclaim CASH on energy bills after an unexpected mild winter image
Source : Daily Express [Read Article] Wednesday 26th of April 2017 12:01:00 AM
....Osborne said they should shop around rather than rolling over to their supplier’s expensive standard variable tariff. Prime Minister Theresa May is said to be considering a cap on energy bills as part of the Conservative election manifesto. ...
Has the US started a lumber trade war with Canada? image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:29:49 PM
.... . Canadian Prime Minister Justin Trudeau says his job is to stick up for Canada's interests. ...
Brexit: Labour's Sir Keith Starmer wants talks over customs union image
.... . Prime Minister Theresa May's speech in January, which set out her negotiating objectives, was widely interpreted by trade experts as implying that the UK would be leaving the customs union. ...
Pensioners’ election REBELLION: Demands for May to look at pension issue for UK's 5MILLION image
....Meanwhile, in three decades members of the British public will not be able to claim state aid before the age of 68. Pensions campaigner June Slater has become an internet sensation after she took on former Conservative Prime Minister David Cameron and ex-Chancellor George Osborne over their contributions grab. ...
French elections: Wall Street joins European relief rally image
Source : BBC [Read Article] Sunday 23rd of April 2017 09:16:09 PM
....Mr Macron's defeated rival in Sunday's election, François Fillon, has already endorsed him. Other senior political figures in France, including former Prime Minister Alain Juppe, have also thrown their weight behind Mr Macron. ...
ENERGY PRICE WARNING: Fury as firms hit customers with sneaky £400 HIKES  image
Source : Daily Express [Read Article] Thursday 20th of April 2017 11:36:00 AM
....". Prime Minister Theresa May has pledged to help families who are being held to ransom over their bills. ...
Walking dead image
Source : BBC [Read Article] Sunday 16th of April 2017 08:34:11 AM
.... In fact, overall bankruptcies have fallen for eight years in a row. Japan's Prime Minister, Shinzo Abe, touts those statistics as a sign of economic success, but being saved from going extinct is not necessarily a good thing. ...
AC Milan: Silvio Berlusconi sells Italian giants to Chinese investors image
.... . The Serie A club have been owned by former Italian Prime Minister Silvio Berlusconi since 1986. ...
Brexit vote site may have been hacked, MPs say in report image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:55:39 AM
...."We took quite deep advice on this from various places and it's not unreasonable, given there's quite a lot of this going on in other countries, that this could have happened in this case," he added. After the website crash the then Prime Minister David Cameron extended the deadline by 48 hours for registering to vote in the referendum - 430,000 people applied to register to vote during that extension period. ...
Greece agrees basic terms to unlock delayed bailout image
Source : BBC [Read Article] Friday 7th of April 2017 03:14:32 PM
.... . In Athens, the Greek Prime Minister Alexis Tsipras said: "The Greek economy is ready to leave the crisis behind it. ...
Sky's 21st Century Fox takeover cleared by Europe image
Source : BBC [Read Article] Friday 7th of April 2017 02:37:06 PM
.... Rupert Murdoch and his son Lachlan Murdoch are both joint chairmen of 21st Century Fox and News Corp, while his other son, James Murdoch, is chief executive of Fox. Labour has raised objections to the takeover and has urged Prime Minister Theresa May to keep her promise of standing up to powerful interest groups. ...
Brexit: Bank urges City to 'plan for all eventualities' image
Source : BBC [Read Article] Friday 7th of April 2017 09:19:58 AM
.... . Prime Minister Theresa May triggered Article 50 last week, starting two years of formal talks on the UK's withdrawal from the EU. ...
Advertising fail image
Source : BBC [Read Article] Thursday 6th of April 2017 01:57:06 PM
.... . It also showed former Italian Prime Minister Silvio Berlusconi in the driver's seat grinning and flashing the peace sign. ...
Supreme court upholds ban on term-time holidays image
Source : Guardian [Read Article] Thursday 6th of April 2017 09:31:39 AM
....”. Prime Minister Theresa May said: “What the supreme court has done is endorse the current position, which is right, which is that we recognise – and they’ve recognised – the importance of children being in school and getting the most out of their education but also recognise that there may be exceptional circumstances where a child needs to be taken out of school during term time and it’s right that the individual headteacher has that flexibility to make that decision. ...
Why can't Indians gain possession of the homes they own? image
Source : BBC [Read Article] Wednesday 5th of April 2017 11:12:28 PM
.... And on the other hand there’s a lot of corruption, which drives up prices. How is Prime Minister Narendra Modi trying to tackle the problem?. ...
Clean sailing image
Source : BBC [Read Article] Monday 3rd of April 2017 11:00:18 PM
....Following two years of trials of the world's first electric car ferry, named Ampere, ferry operators are busy making the transition from diesel to comply with new government requirements for all new ferry licensees to deliver zero- or low-emission alternatives. "We continue the work with low-emission ferries because we believe it will benefit the climate, Norwegian industry and Norwegian jobs," Prime Minister Erna Solberg said in a speech in April 2016, in which she vowed to help fund required quayside infrastructure. ...
Bombardier defers executive salary rises amid outcry image
Source : BBC [Read Article] Monday 3rd of April 2017 05:32:16 PM
....34bn ($1bn; £800m) bailout in 2016, a year after it teetered on the edge of bankruptcy. Prime Minister Justin Trudeau said he was "not pleased" with the pay hike. ...
Chancellor Hammond leading UK trade mission to India image
Source : BBC [Read Article] Sunday 2nd of April 2017 10:18:21 AM
....He said it was vital to make links with "the world's most vibrant economies". Last week Prime Minister Theresa May formally activated Article 50 of the Lisbon Treaty, starting a two-year countdown for quitting the 28-nation bloc. ...
Older savers taking big market risks to trump inflation image
Source : Daily Express [Read Article] Wednesday 29th of March 2017 08:25:00 AM
.... . Chris Beauchamp, chief market analyst at IG, said stock markets are nervous with Trump under pressure in the US and Prime Minister Theresa May set to trigger Article 50 today, firing the starting gun on quitting the EU. ...
Markets 'shrug off' Article 50 letter image
Source : BBC [Read Article] Wednesday 29th of March 2017 07:29:56 AM
....72. Shortly after midday, Prime Minister Theresa May gave official notice under Article 50 of the Lisbon Treaty of the UK's decision to leave the EU. ...
London-Paris business and tourism partnerships announced image
Source : BBC [Read Article] Tuesday 28th of March 2017 01:34:45 PM
....Mayor Sadiq Khan said "two of the world's greatest cities" had "so much to gain from joining forces". Prime Minister Theresa May is to trigger Article 50 on Wednesday - beginning formal negotiations on Brexit. ...
Immigration should rise and fall after Brexit, David Davis says image
....He promised the issue would be a priority when talks begin. On Wednesday Prime Minister Theresa May will invoke Article 50 of the Lisbon Treaty, which begins the negotiation process. ...
Dyson 'enormously optimistic' about post-Brexit trade image
Source : BBC [Read Article] Monday 27th of March 2017 06:01:32 AM
....The success of new product lines such as hair dryers also fuelled growth. On Wednesday, Prime Minister Theresa May is due to start the process of the UK leaving the EU. ...
Trump administration approves Keystone XL pipeline image
Source : BBC [Read Article] Friday 24th of March 2017 12:30:53 PM
.... . Canadian Prime Minister Justin Trudeau said he was "very pleased" with the pipeline announcement from the White House. ...
Deutsche Bank commits to new London office image
Source : BBC [Read Article] Friday 24th of March 2017 09:49:11 AM
.... . As Prime Minister Theresa May prepares to trigger Brexit talks on 29 March, some financial firms have stepped up plans on how to deal with any disruption. ...
Make your money go the distance this summer image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 10:02:00 PM
. With Prime Minister Theresa May all set to trigger Article 50 next Wednesday to begin the two-year process of escaping the EU, further volatility is likely. ...
Goldman Sachs to expand EU presence ahead of Brexit image
Source : BBC [Read Article] Tuesday 21st of March 2017 03:00:44 PM
....Other London banks have already said they would move jobs after Brexit. It was confirmed on Monday that Prime Minister Theresa May will officially notify the EU next Wednesday that the UK is leaving. ...
Big Six energy companies face price caps after free market fails Brits image
Source : Daily Express [Read Article] Sunday 19th of March 2017 08:52:00 AM
. Last week Prime Minister Theresa May all but admitted that the free market has failed the majority of Britons and has vowed to fix the system so that it gives them a fair deal. ...
U-turn over Budget plan to increase National Insurance image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:30:48 PM
....Mr Hammond clarified that he had meant Ms Kuenssberg "was the first person after I spoke to raise the issue outside". Theresa May had confirmed the U-turn at Prime Minister's Questions, insisting that last week's Budget announcements were consistent with the government commitment not to raise tax. ...
Budget 2017: Self-employed 'tax raid' a 'rookie error' image
Source : BBC [Read Article] Saturday 11th of March 2017 09:22:56 AM
....He said Mr Hammond should "drop" the NI increase, which has been criticised by newspapers and some Conservative MPs. But Prime Minister Theresa May has defended the rise as "fair". ...
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
....Ticket resale sites will face even harsher measures if they do not prove that they are taking sufficient steps to address the power of touts, the Guardian understands. Theresa May promised to take action on ticket resale at Prime Minister’s Questions after Nigel Adams MP urged her to help “ensure genuine fans are not fleeced by ticket touts and rogues”. ...
Chocolate price hike if Brexit deal fails, warns Mars image
Source : BBC [Read Article] Friday 10th of March 2017 12:52:27 PM
.... . The Prime Minister has said that if a good deal is not agreed with the EU, the UK will walk away, adding: "No deal for Britain is better than a bad deal for Britain. ...
May defends 'fair' National Insurance rise amid criticism image
Source : BBC [Read Article] Thursday 9th of March 2017 08:28:31 PM
....The Conservatives' last general election manifesto explicitly ruled out rises in National Insurance, VAT and income tax during the lifetime of the current Parliament. During the campaign, then Prime Minister David Cameron continually repeated the commitment in public and contrasted it with the "jobs tax" which he said people could expect under Labour. ...
Pay boosts for Shell and Rolls-Royce bosses despite profits slide image
....WPP, which Sir Martin has built into one of the world's largest ad agencies, recorded a 13% rise in pre-tax profit last year. Prime Minister Theresa May and major investors have called on UK firms to justify bumper pay packets for their senior executives. ...
Hammond: Budget National Insurance rise due to 'new challenges' image
Source : BBC [Read Article] Thursday 9th of March 2017 04:44:28 AM
....The Conservatives' last general election manifesto explicitly ruled out rises in National Insurance, VAT and income tax during the lifetime of the current Parliament. During the campaign, the then Prime Minister David Cameron continually repeated the commitment in public and contrasted it with the "jobs tax" which he said people could expect if they elected a Labour government. ...
Vauxhall deal prompts cautious optimism from UK government image
Source : BBC [Read Article] Monday 6th of March 2017 03:37:53 PM
....The UK factories at Ellesmere Port and Luton employ about 4,500 people. Mr Clark said: "The conversations that I and the Prime Minister have had, both with GM and PSA, tell me [PSA] intend to safeguard the plants, honour their commitments and look to increase the performance and the sales of cars. ...
Car deal image
Source : BBC [Read Article] Monday 6th of March 2017 12:49:19 PM
.... . And while Prime Minister Theresa May intervened to ensure that Nissan will build new Qashqai and X-trail models at its plant in Sunderland, Koji Tsuruoka, Japan's ambassador in London, has warned that car companies could leave if post-Brexit tariffs hit profitability. ...
Vauxhall-Opel sold by GM to Peugeot-Citroen image
Source : BBC [Read Article] Monday 6th of March 2017 07:31:41 AM
...."My call to the government is to make certain that our government is at the table, just as the French and German governments will be, batting for their workforce," Mr McCluskey said. It has emerged the Prime Minister Theresa May spoke with the chief executive of GM, Mary Barra on Sunday, when she reiterated that she wanted jobs at both plants to be secured for the long term. ...

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