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.... Singapore has had the same party in power since 1959. Jersey, meanwhile, has never had a general election, the members of its parliament (the States) being subject to re-election at varying times. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 06:30:42 PM
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Latest Finance News related to General Election

Why becoming a tax haven would be bad news for Britain image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:30:42 PM
.... Singapore has had the same party in power since 1959. Jersey, meanwhile, has never had a general election, the members of its parliament (the States) being subject to re-election at varying times. ...
U-turn over Budget plan to increase National Insurance image
Source : BBC [Read Article] Wednesday 15th of March 2017 12:30:48 PM
....Labour's Jeremy Corbyn said the U-turn showed a government "in chaos". Mr Hammond had faced a backlash by Conservative backbenchers last week, who accused him of breaking a general election manifesto commitment not to put up National Insurance, income tax or VAT. ...
Budget deficit beyond 2025 warns spending watchdog image
Source : BBC [Read Article] Monday 13th of March 2017 09:26:55 PM
....Even if benefits were held down, he argued, pressure would come from the rising social and health care costs resulting from an ageing population. The previous coalition government, which came into office in 2010 originally set a target of clearing the deficit by the time of the 2015 general election. ...
Energy companies ‘ripping off’ millions, ministers say image
Source : Guardian [Read Article] Sunday 12th of March 2017 12:05:09 AM
....” Penrose will propose a new “relative price cap”, under which customers cannot be transferred to a new deal more than 6% more expensive than their expired one. A recent report into the energy market by the Competition and Markets Authority, commissioned by David Cameron before the 2015 general election, found customers had paid £1. ...
MPs not appeased by May's decision to review self-employed tax hike image
Source : Guardian [Read Article] Friday 10th of March 2017 06:48:53 PM
....David Cameron was also dragged into the row, after a video clip from Thursday’s Iraq and Afghanistan memorial unveiling appeared to show him saying to the defence secretary, Michael Fallon: “Breaking a manifesto promise, how stupid can you get?”. But some MPs blamed Cameron and his chancellor, George Osborne, for making the sweeping pledge not to raise national insurance and income tax, come what may, as they approached the 2015 general election. ...
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
.... Labour should be the ones to push for reform, but the party is still trapped in its internal crisis. The middle classes they are relying on to avoid being wiped out at the next general election are exposed to a lot of downside risk if house prices flatten or drop. ...
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. ...
Hammond went where Osborne feared to tread with tax on self-employed image
Source : Guardian [Read Article] Thursday 9th of March 2017 04:41:03 PM
.... That’s the news. Dipping into the pockets of sole traders would have been bad enough, without the fact that the policy appeared to contradict a clear promise in the Tory general election manifesto – not to raise national insurance rates. ...
Philip Hammond breaks manifesto pledge with budget tax grab image
Source : Guardian [Read Article] Wednesday 8th of March 2017 04:05:32 PM
....”. Chris Leslie, a former shadow chancellor, asked in the Commons: “On the point about the increase in national insurance contributions for the self-employed, don’t you think that the chancellor needs to explain why he’s breaking a manifesto promise made in the 2015 general election manifesto on that?”. ...
Budget: Does NI rate rise break a pledge? image
Source : BBC [Read Article] Wednesday 8th of March 2017 03:04:52 PM
....Chancellor Philip Hammond has announced increases in the rate of National Insurance paid by self-employed workers. But in the Conservative Party's manifesto for the 2015 general election, it promised: "We will not raise VAT, National Insurance contributions or income tax". ...
Self-employed hit by national insurance hike in budget image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:24:49 PM
....”. Chris Leslie, former Labour shadow chancellor, said during the Commons debate on the budget: “On the point about the increase in national insurance contributions for the self-employed, don’t you think that the chancellor needs to explain why he’s breaking a manifesto promise made in the 2015 general election manifesto on that?”. ...
Murdoch's 21st Century Fox bid for Sky should be rejected, minister told image
Source : Guardian [Read Article] Wednesday 1st of March 2017 09:38:50 AM
....In support, he cited the fact that the Sun’s audience reach had increased after the removal of the paywall for its digital content despite declining print circulation; the increased reach for Sky television services through digital services such as YouTube; and research from Cardiff University last year that the newspapers had a disproportionate impact on broadcasters, for example. Cardiff University research on coverage of the 2015 general election “demonstrates the influence of national newspapers – and News UK titles in particular – over the issue agenda of broadcasters including the BBC”, it said. ...
Rupert Murdoch’s 21st Century Fox to formally notify EU of Sky bid image
Source : Guardian [Read Article] Tuesday 28th of February 2017 03:50:03 PM
....In support he cited the fact that the Sun’s audience reach had increased after the removal of the paywall for its digital content despite declining print circulation; the increased reach for Sky television services through digital services such as Youtube; and research from Cardiff university last year that the newspapers had a disproportionate impact on broadcasters. Cardiff University research on coverage of the 2015 general election “demonstrates the influence of national newspapers – and News UK titles in particular – over the issue agenda of broadcasters including the BBC”, it said. ...
Business rates a 'ticking time bomb' for small firms image
Source : BBC [Read Article] Sunday 26th of February 2017 08:29:46 PM
....The Federation of Small Business is warning than half of those facing hikes will reduce, postpone or cancel investment, with nearly a fifth considering closing down or selling up. Revaluations happen every five years, but the 2015 reset was postponed ahead of the last general election - hence the severity of the moves. ...
Brexit is a Whitehall farce that threatens the heart of Europe image
Source : Guardian [Read Article] Sunday 26th of February 2017 07:00:23 AM
.... It will demand that we pay up for our £50bn of legal obligations, which will dwarf the putative £350m a week promised on the ridiculous Leavers’ battle bus during the referendum campaign. Ah, but “the people have spoken”, have they not? Well, it is a fine democratic tradition that, after they have spoken in a general election, the people can speak again, often with a somewhat different view. ...
Canada's Trump? image
Source : BBC [Read Article] Wednesday 22nd of February 2017 12:33:29 AM
....An outspoken businessman who found fame on American reality TV is betting the wave of populist sentiment will help him upend Canada's political establishment. Kevin O'Leary is one of 14 candidates vying for the leadership of Canada's Conservative Party on 27 May and to challenge Prime Minister Justin Trudeau in the general election two years later. ...
‘From bad to worse’: Greece hurtles towards a final reckoning image
Source : Guardian [Read Article] Sunday 19th of February 2017 12:05:16 AM
.... On Friday, EU officials announced that the deadline had been all but missed because there had been little convergence between the two sides. With the Netherlands holding general elections next month, and France and Germany also heading to the polls in May and September, fears of the dispute becoming increasingly politicised have added to its complexity. ...
UK offshore wind 'will lower energy bills' more than nuclear image
Source : Guardian [Read Article] Sunday 12th of February 2017 01:30:13 PM
....”. Renewable energy supplies one-quarter of Britain’s electricity, he said, compared with a marginal amount before the 2010 general election, when the first of three Conservative-led governments came to power. ...
Calling the latest Greek deal a sticking plaster does disrespect to the Elastoplast image
....Jeroen Dijsselbloem, the Dutch finance minister, is the chair of the Eurogroup of finance ministers put in charge of finding a solution. But he could be out of job soon if his Labour party suffers a second massive reversal in the coming general election. ...
PM to reaffirm green belt pledge despite plans to ramp up housebuilding image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:34:41 PM
....Theresa May will this week reaffirm a Conservative commitment to protecting the green belt, despite unveiling a government strategy that aims to ramp up the pace of housebuilding to ensure 1m new homes are built by 2020. The prime minister will seek to reassure Tory MPs and grassroots activists who have expressed concerns about the plans that she will not be rolling back on a pledge made by her predecessor, David Cameron, during the last general election. ...
Greek debt crisis: an existentialist drama with no good end in sight | Larry Elliott image
.... The German public thinks enough aid has already been given to Greece, a country it considers is not doing enough to help itself. Opposition to further debt relief is strong and a general election is looming. ...
Theresa May to offer more security for renters image
Source : Guardian [Read Article] Saturday 4th of February 2017 11:44:42 PM
.... By emphasising the rights of renters, as well as trying to boost house building, the white paper will mark a turning point for a party that since the 1980s, and the first council house sales, has promoted home ownership as a badge of success, while neglecting the interests of renters. The Tory manifesto for the 2015 general election spelt out plans for 200,000 new “starter homes” that could be bought by first-time buyers at 20% discounts, but said little about promoting the interests and improving the lot of so-called “generation rent”. ...
Grexit? Greece again on the brink as debt crisis threatens break with EU image
Source : Guardian [Read Article] Friday 3rd of February 2017 02:36:32 PM
.... To a great degree events in Europe and Washington will also play a role. Ahead of Germany’s general election in September, Berlin’s finance minister Wolfgang Schäuble has also raised the stakes with growing criticism of Greece – a tactic that has proved popular with voters who might otherwise support Germany’s far-right AfD party. ...
UK faces return to inequality of Thatcher years, says report image
Source : Guardian [Read Article] Tuesday 31st of January 2017 11:26:31 PM
....Since its sharp increase in the early 1980s – a period of high unemployment, factory closures and a cut in the top rate of tax from 83% to 60% – inequality has broadly remained flat. But the Resolution Foundation forecast that between 2015 and the next general election in 2020 incomes for the poorest half of households will fall by 2%. ...
UK manufacturers upbeat as weak pound boosts exports image
Source : Guardian [Read Article] Wednesday 25th of January 2017 12:38:03 PM
....More than one-quarter of companies (27%) said they were more optimistic about the general business climate than three months ago and 12% were less optimistic, giving a rounded balance of +15%. This is the highest figure since January 2015, when the economy was growing strongly ahead of the general election in May that year. ...
Pound falls to 10-week low after Theresa May's Brexit comments image
Source : Guardian [Read Article] Monday 9th of January 2017 07:17:23 PM
....The FTSE 100 closed at 7,238, up 0. 4%, its eighth consecutive day of record highs – a winning streak it last achieved in May 1997 after Tony Blair’s Labour general election landslide. ...
Chancellor failing to cancel ‘tax giveaway’ to banks, says Labour image
Source : Guardian [Read Article] Monday 2nd of January 2017 02:18:10 PM
....John McDonnell, the shadow chancellor, has accused Philip Hammond of failing to cancel a “tax giveaway” by his predecessor to Britain’s biggest banks, worth more than £1bn this year. In his summer budget after the 2015 general election, the then chancellor George Osborne announced deep cuts to the bank levy, which was introduced after the financial crisis and charged according to the size of banks’ balance sheets. ...
Rupert Murdoch: 'I've never asked any prime minister for anything' image
Source : Guardian [Read Article] Monday 19th of December 2016 01:57:06 PM
....However, that was contradicted by John Major, the former Conservative prime minister, who told the inquiry shortly after Murdoch gave evidence that while the media mogul “never asked for anything directly from me … he was not averse to pressing for policy changes”. In particular, Major described one meeting in the run-up to the 1997 general election in which Murdoch “made it clear that he disliked my European policies, which he wished me to change. ...
UK firms 'face more, not less, red tape if Britain exits customs union' image
Source : Guardian [Read Article] Sunday 11th of December 2016 02:30:58 PM
....As the supreme court considers the article 50 legal challenge, a new case hinges on whether the government would have to trigger another legal measure to quit the single market. Claimants in the new case argue that the government has no mandate to withdraw from the single market because it was not on the ballot paper on 23 June and was not included in the Conservative party manifesto for last year’s general election. ...
Carillion blames Whitehall upheaval after Brexit vote for orders fall image
Source : Guardian [Read Article] Wednesday 7th of December 2016 01:53:24 PM
....The company’s shares fell as much as 6% in early trading on Wednesday after the announcement and were down 4% to 245p by late morning. Carillion said it expected projects to pick up again and that the slowdown was similar to conditions around the 2015 general election when projects were put on hold until departments had more certainty about policy. ...
Fallout from Italy's referendum will be both financial and political image
Source : Guardian [Read Article] Thursday 1st of December 2016 07:00:56 PM
.... As for injections of capital, the private sector will not volunteer if the country is without a prime minister for the next two months. The medium-term risk is that the vacuum is filled by the anti-euro Five Star Movement led by comedian Beppe Grillo, currently riding high in the polls in the run-up to a general election that must be held by February 2018. ...
Italy referendum Q&A: the big economic questions answered image
Source : Guardian [Read Article] Thursday 1st of December 2016 10:35:12 AM
.... Markets like Renzi’s technocratic approach; they think he is needed to sort out the deep-seated problems of Italy’s banks – the weakest in the eurozone – and are worried because he has pledged to quit if the referendum is lost. Markets fear that defeat for Renzi would trigger a general election that could result in power shifting to the Five Star Movement. ...
New triple lock fear as pensions minister refuses to guarantee its safety image
Source : Daily Express [Read Article] Sunday 27th of November 2016 07:33:00 PM
.... . He said it was “too early to say” whether the Tories would commit to keep the policy in the next general election manifesto. ...
Brexit will blow £59bn hole in public finances, admits Hammond image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 08:39:09 PM
....Hammond also promised to take another look at the household energy market, where consumer groups have repeatedly warned customers are being ripped off. In a sign that the government expects the public finances to continue to be fragile, the chancellor also hinted that costly pledges, including the “triple-lock” on pensions, would have to be reviewed before the Conservatives draw up their manifesto for the next general election. ...
Government promise of fast, cheap Wi-Fi on trains goes off the rails image
Source : Guardian [Read Article] Monday 21st of November 2016 07:27:07 PM
....Train companies will only have to provide slow free Wi-Fi for customers despite a government pledge to introduce “fast, cheap internet connections” across the rail network. Before the general election, the government announced that all train operators bidding on future franchises and direct contracts in England and Wales would have to include free Wi-Fi as part of their pitches. ...
Can Trump strike the right balance on monetary policy? image
Source : Guardian [Read Article] Friday 18th of November 2016 10:42:32 AM
.... But by the next day, the market’s downward turn had already reversed itself. US equities and bond yields rallied after Trump delivered a victory speech that seemed to signal that he was tacking to the centre, which investors had originally expected him to do this summer, after he won the Republican nomination and entered the general election campaign. ...
MPs can now see off hard Brexit. The ball is in their court | Martin Kettle image
Source : Guardian [Read Article] Thursday 17th of November 2016 07:04:28 PM
.... The immobilising effect of Brexit extends everywhere. In theory, that would change if there were a general election that spelled out the government’s terms and in which May won a mandate for them. ...
Ireland must plan for possible EU breakup, says economic adviser image
Source : Guardian [Read Article] Tuesday 15th of November 2016 02:39:07 PM
....“Ireland should have sought more concessions for the UK in order to give Mr Cameron more to put before voters in the referendum. The Irish general election campaign and the indecisive result occupied the government in the republic for the first half of 2016. ...
Barack Obama calls for 'meaningful debt relief' for Greece image
Source : Guardian [Read Article] Sunday 13th of November 2016 07:39:08 PM
....But as has always been the case in Europe’s seemingly never-ending debt crisis, it is Germany that calls the shots. Berlin’s hardline finance minister, Wolfgang Schauble, has repeatedly ruled out debt relief until after next year’s general elections at the earliest. ...
Trump’s election reinforces the need for Britain to turn against Brexit image
Source : Guardian [Read Article] Sunday 13th of November 2016 07:00:12 AM
.... Article 50(2) involves a notification of an intention to withdraw from the union. Intentions can change, especially after a general election and the installation of a new government. ...
May 'clear' on Brexit timescale image
Source : BBC [Read Article] Monday 7th of November 2016 05:31:33 PM
....Theresa May has said she is "clear" she expects to start talks on leaving the EU as planned by the end of March. The prime minister also played down the chances of an early general election, saying the next one "should" take place as scheduled in 2020. ...
Brexit must happen on time, Theresa May insists image
Source : BBC [Read Article] Monday 7th of November 2016 05:03:47 PM
....Theresa May has said she is "clear" she expects to start talks on leaving the EU as planned by the end of March. The prime minister also played down the chances of an early general election, saying the next one "should" take place as scheduled in 2020. ...
Theresa May insists UK economy can withstand Brexit turbulence image
Source : BBC [Read Article] Tuesday 4th of October 2016 06:12:25 PM
.... That's the right deal, a deal that ensures that British businesses have the maximum opportunity to trade with and operate within the European Union". Asked about her authority to lead the government and to pursue policies not in the Conservatives' 2015 manifesto, she said certain "adaptations" had to be made in response to the Brexit vote and rejected calls for her to seek a mandate from the people through an early general election. ...
'UK economy is fundamentally strong' image
Source : BBC [Read Article] Tuesday 4th of October 2016 04:00:17 PM
....In an interview with BBC political editor Laura Kuenssberg at the Conservative conference in Birmingham, Mrs May said Brexit talks would "not be plain sailing" but the UK was the fifth largest economy in the world. She also stood by her decision not to hold an early general election, saying the Conservatives were elected in 2015 and her government was "continuing the work that (predecessor) David Cameron started". ...
Shale gas ship bound for Grangemouth halted by strong winds image
Source : BBC [Read Article] Monday 26th of September 2016 11:15:58 PM
....Ports in Norway, Portugal, and Spain have all received shale gas shipments this year following the lifting of a ban on the export of US oil and gas, but the arrival of the Ineos Insight will be the first to the UK. Unconventional oil and gas extraction remains controversial in the UK, with the UK Labour Party following Scottish Labour in backing a ban on fracking if it wins the next general election. ...
Jeremy Corbyn to set out energy policy 'for the 60m, not the big six' image
Source : Guardian [Read Article] Wednesday 7th of September 2016 08:00:27 AM
....Meanwhile, Smith warned that the re-election of Corbyn could leave a generation without their own home. The former shadow work and pensions secretary said keeping the Labour leader in post would lead to another Tory general election victory and a continuation of the “housing crisis”. ...
Coffee for votes image
Source : BBC [Read Article] Wednesday 24th of August 2016 11:16:00 PM
....If you want to know what coffee and elections have in common, ask Starbucks. In May, the US giant ran a campaign in the Philippines called "care to vote", which rewarded customers with a free drink if they turned out to vote in the country's general election. ...

Employers face compensation claims from staff who feel bullied over Brexit views, lawyers warn
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....“Since Brexit we have been in a state where feelings are running high,” he said. “Employees have felt differently from how they may do during a general election because there has been so much intervention from employers. ...

A duke's wealth is the natural result of a free society - and should be celebrated
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.... John Major said he wanted to create a “classless society”. David Cameron promised at the 2015 general election that he would reward “ordinary people who play by the rules”. ...

Scottish Labour is lost in the wilderness
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Source : Telegraph [Read Article] Friday 12th of August 2016 12:58:43 PM
. Six months or so before the 2015 general election, in the immediate aftermath of the Scottish independence referendum, the parliamentary Labour Party (PLP) was addressed by our leader, Ed Miliband. ...
Right-to-buy reform urged as council leaders fear for social housing image
Source : Guardian [Read Article] Wednesday 10th of August 2016 11:01:21 PM
.... The promise to make discounts available to 1. 3 million housing association tenants was a key part of the Conservative manifesto at last year’s general election. ...

Only electoral humiliation can save the Labour Party now
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 05:02:23 PM
....The brutal paradox for Labour moderates is that the further the party falls behind the Conservatives in the polls under Mr Corbyn – Theresa May has now opened a massive 14-point lead – the less appetite there seems to be to depose him. Like Corbyn’s rivals for the party leadership last summer, the problem Owen Smith faces is that Labour members are not convinced the party can win a general election with him leading it either. ...

Senior German ministers call for ban on wearing the burqa 
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 02:39:09 PM
....Mr de Maiziere will also unveil plans for a new GCHQ-style intelligence agency devoted to monitoring communications, according to the tabloid Bild. The government is expected to put the new measures to be unveiled on Thursday into force before general elections next year. ...
CMA report on UK banking industry is weak and disappointing image
Source : Guardian [Read Article] Tuesday 9th of August 2016 12:24:49 PM
.... Banks charge penal rates for unauthorised overdrafts, which can be more expensive than payday loans. It was perhaps unrealistic, given Miliband’s defeat at the 2015 general election, to imagine that the CMA would break up the banks. ...

Alex Salmond accepted £29,544 'redundancy' from Holyrood despite remaining an MP
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.... In 2010 he received £65,000 from the Commons when he stood down as an MP despite also being an MSP and First Minister at the time. He paid half the £50,000 he received after tax to the Mary Salmond Trust but kept the remaining £25,000 and refused to repay the money when he was elected an MP again, at last year’s general election. ...

Labour has been left by the grown-ups to the Corbynites - and they can keep on trashing the place
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....It’s also a perfect metaphor for the recent history of the Labour Party. Labour’s defeat at the 2010 general election saw the departure, either from frontline politics or from the Commons itself, of many of the party’s “grown-ups”. ...

Boundary changes could see Conservatives win a comfortable 90-seat majority 
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. Changes to constituency boundaries could see the Conservatives in line to win a comfortable 90-seat majority at the next general election, the latest research has suggested. ...

Ed Balls will 'enjoy' his 'midlife crisis' by taking part in Strictly Come Dancing
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.... . He joked that while he had been embarking on sensible endeavours such as learning the piano following the last general election, Strictly was outside his comfort zone. ...

The House of Lords is too bloated to work efficiently. Theresa May must make reform a priority
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....We should now get on with it.  It would be a more effective institution with about 650 members, chosen after each general election to broadly mirror the state of the parties in the Commons plus the cross benchers independents and Bishops who all add the wisdom of the House. ...

Theresa Villiers calls for Australian points-based immigration system in first interview since cabinet sacking
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.... . Should it be in place by the 2020 general election? “That’s an achievable and sensible goal. ...

The politics of national identity, long taboo, are on the rise in Germany again
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.... Though she remains popular by standards elsewhere in Europe, just a third of people are happy with her refugee policy, and critics have seen their rating rise. All this just a year from the German general election. ...

Tory MP John Whittingdale goes clubbing in Ibiza after getting sacked as culture secretary
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....com/rbXThYlZ49. Mr Whittingdale was given the culture brief by David Cameron after last year’s general election and repeatedly clashed with the BBC over reforms during his tenure. ...

Now Dame Lowell has quit, the great child abuse inquiry should stop too 
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....) There was a suggestion of cover-up by Conservative administrations. It was less than a year before the next general election. ...

Labour will stay trapped in its Europhile bubble until it accepts Left-wingers wanted Brexit too
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....This explains why Labour is in such dire straits. Battered by losing two general elections in a row and the EU referendum, the party hasn't stopped to think why it has become so out of step with voters. ...

Jeremy Corbyn and Owen Smith battle it out in an arena abandoned by the Big Beasts
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.... All Labour leadership contenders do this sort of thing. They dance the dance, say what has to be said in order to win their mandate (a word that has accumulated skin-crawling resonance these last ten months), then do and say what they need to do in order to win a general election. ...

Republican Party reaches 'new level of panic' over Donald Trump as senior figures 'plot intervention'
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....ABC reported that if Mr Trump pulled out before early September,it would be up to the 168 members of the Republican National Committee to choose a successor. In this scenario, there would be enough time get the next nominee's name on the ballot in enough states to win in November's general election. ...

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