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....”. Unite national officer Rhys McCarthy said: “This is a step in the right direction, but it doesn’t go far enough to address the UK’s woeful takeover rules where the overriding factor is usually how much money can be thrown at shareholders rather than other considerations such as the national interest, jobs and communities. ... [Read full article on Guardian ]
Tuesday 19th of September 2017 06:21:29 PM
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Government backs tighter rules on takeover of UK companies image
Source : Guardian [Read Article] Tuesday 19th of September 2017 06:21:29 PM
....”. Unite national officer Rhys McCarthy said: “This is a step in the right direction, but it doesn’t go far enough to address the UK’s woeful takeover rules where the overriding factor is usually how much money can be thrown at shareholders rather than other considerations such as the national interest, jobs and communities. ...
The Observer view on Tory ineptitude on Brexit negotiations | Observer editorial image
.... May’s simplistic argument, as ever on Brexit, is you are either for us or against us. Trust me, the prime minister says, in effect: the national interest requires that you blindly support whatever I decide is best. ...
Need more space? UFO-shaped home goes up for sale in New Zealand image
Source : Guardian [Read Article] Wednesday 6th of September 2017 03:36:13 AM
. A rare spaceship-shaped home has been put for sale in New Zealand, attracting international interest as sci-fi and architecture nerds scramble to secure a UFO abode by the sea. ...
UK will 'mirror' much of EU customs system for Brexit, plans reveal image
Source : Guardian [Read Article] Tuesday 15th of August 2017 11:31:05 AM
....Officials conceded that both these options would entail significant new red tape for business as they would entail shifting the reporting burden on to exporters at the point of departure rather than building new lorry parks and border posts. Liam Fox struck a defiant note in a statement to accompany the strategy paper, insisting “leaving the customs union will allow us to operate a fully independent trade policy in Britain’s national interest”. ...
Hammond and Fox: We will leave customs union during Brexit transition image
Source : Guardian [Read Article] Sunday 13th of August 2017 06:00:06 AM
.... That means businesses need to have confidence that there will not be a cliff-edge when we leave the EU in just over 20 months’ time. “That is why we believe a time-limited interim period will be important to further our national interest and give business greater certainty – but it cannot be indefinite; it cannot be a back door to staying in the EU. ...
One by one, Brexit’s ‘salvations’ are seen to be illusory | Nick Cohen image
.... And not only as a defence against a return of fascism and communism. Other countries have their national interests too. ...
Soft Brexit is the only sane option. This is no time for partisan politics | Simon Jenkins image
.... Hardline leavers and remainers will have to be squared. The right body to do this is a House of Commons configured for compromise, acting collectively in the national interest. ...
Italy's €17bn bank job: self-preservation at a long-term EU price? | Nils Pratley image
.... On this occasion, however, only shareholders and junior bondholders are being cleaned out. The Italian government, it seems, has been able to plead successfully that the “national interest” will be served by protecting the senior bondholders because the local economy in the Venice region would suffer if Veneto Banca and Banca Popolare di Vicenza collapsed chaotically. ...
Australia records 103rd successive quarter of recession-free economy image
Source : Guardian [Read Article] Wednesday 7th of June 2017 03:33:36 AM
....The Australian Bankers’ Association has jumped on the ABS figures – which show the finance sector is growing at an annual rate of 4%, compared with 1. 7% for the economy – arguing that in this environment the Turnbull government’s new tax on major banks was contrary to the national interest. ...
How to measure success in the world of megaprojects | Jane Dudman image
Source : Guardian [Read Article] Friday 19th of May 2017 06:09:48 AM
.... That was the tip from Ed Hoffman, the former chief knowledge officer at Nasa, who is now a strategic adviser at US-based non-profit project management specialist PMI. Hoffman said when he was at Nasa, smart project leaders running small projects used to protect themselves by demonstrating their tremendous value to a key mission, preferably one with international interest. ...
Affordable art image
Source : BBC [Read Article] Tuesday 16th of May 2017 11:00:59 PM
....5m) each, the 26 works are expected to raise $100m in total. While the collection is being sold in New York, the top pieces have already been on a mini-world tour - travelling to Hong Kong, London and Los Angeles in a bid to drum up international interest. ...
Theresa May to promise price cap on energy bills in Tory manifesto image
.... It would target people who are less likely to switch, including elderly and disabled customers, and who find themselves on over-priced rates as a result. May referred to the policy at a campaign event in Harrow West on Monday where she argued that “capping energy prices to support working families” was in the national interest. ...
Impact of UK foreign aid diluted by pursuing national interest, says IFS image
. Poverty reduction in the world’s poorest countries risks being diluted by the government’s increasing tendency to devote a bigger slice of Britain’s aid budget to pursuing the national interest, the Institute for Fiscal Studies has warned. ...
The secret history of inflation, from Black Wednesday to Brexit image
Source : Guardian [Read Article] Sunday 7th of May 2017 05:59:25 AM
....Well, it is an open question whether the poison has been neutralised. Quite apart from that, we are in the lamentable position where a Tory party that used to have the national interest at heart is now sacrificing everything to its own preservation. ...
BHP Billiton executives warned they could face charges if they shift company out of Australia image
....“Further, a proposal by an LSE-listed company to acquire the assets of BHP Billiton Limited would be a significant action under the FATA. Under the FATA, I am able to order that such an acquisition not occur if it is contrary to the national interest. ...
Australia to introduce stricter rules on working visas image
Source : BBC [Read Article] Tuesday 18th of April 2017 07:38:55 AM
.... . "The new system will be manifestly, rigorously, resolutely conducted in the national interest," Mr Turnbull said on Tuesday. ...
BP's sale of key pipeline to billionaire is bad for UK, says union image
Source : Guardian [Read Article] Monday 3rd of April 2017 11:48:55 AM
....”. “Do they believe this sale is in the national interest?”. ...
London Stock Exchange-Deutsche Boerse deal blocked by EU image
Source : BBC [Read Article] Wednesday 29th of March 2017 09:24:57 AM
.... Mr Wilson says the collapse of the Deutsche Boerse merger might encourage new bidders, possibly from the US. But he says new national interest rules about takeovers of UK firms could make any deal even more difficult. ...
Immigration should rise and fall after Brexit, David Davis says image
....Mr Davis said the new system would be "properly managed". It would be for the home secretary to decide the system to be used, he said, but added: "I cannot imagine that the policy will be anything other than that which is in the national interest. ...
Trump administration approves Keystone XL pipeline image
Source : BBC [Read Article] Friday 24th of March 2017 12:30:53 PM
.... . The State Department said it had found the project, which was blocked by former US President Barack Obama, to be in the US national interest. ...
ARM chip designer stake 'to be sold by Softbank' image
Source : BBC [Read Article] Wednesday 8th of March 2017 11:25:24 AM
....Softbank paid £24bn for ARM - the UK's largest technology company - in July. At the time, Theresa May said the deal was in the country's national interest. ...
Theresa May must block London Stock Exchange bids until after Brexit | Nils Pratley image
....Italian regulators hated the idea that their local assets could be carved up to facilitate a predominantly Anglo-German merger, thus the LSE couldn’t possibly comply. That the only credible buyer of MTS would have been Paris-based Euronext added another twist to the game of competing national interests. ...
Donald Trump, the master of unreality, must be resisted at every turn | Joseph Stiglitz image
.... Previous administrations have always taken seriously their responsibility to advance US interests. But the policies they pursued usually were framed in terms of an enlightened understanding of national interest. ...
This belated Tory conversion to industrial strategy is tragic image
Source : Guardian [Read Article] Sunday 29th of January 2017 06:59:17 AM
.... And my old friend Ken Clarke constitutes an even tinier minority, being reportedly the only Tory intending to vote against article 50, although a lot more of his fellow Tories are said to agree with him privately. As for the Labour party, it is running scared of Ukip, especially in the north, but at least more than one Labour MP is prepared to stand up and be counted, in the belief that the national interest should be put above prejudice against immigrants in determining the country’s future. ...
The Guardian view on industrial strategy: hot air but no liftoff | Editorial image
.... This question was raised by the commitment the government made to Nissan to ensure jobs remained in the UK, but was unanswered today. The theory is that Britain can maintain its traditions of enthusiasm for the free market but with a state that is less squeamish when it comes to nurturing fledgling enterprises, getting involved when it looks as if markets have failed and, perhaps most drastically, stepping in if foreign interest in some strategic asset is deemed counter to the national interest. ...
McDonald’s will need more than a bigger Big Mac to supersize profits image
Source : Guardian [Read Article] Sunday 22nd of January 2017 07:00:23 AM
....The tightly held shares can be volatile, given lumpy nature of its order intake, but the company admirably takes the long view. At In Davos last week Theresa May spoke to Bloomberg TV about the possibility of a national interest test in overseas takeovers. ...
Bravado only partially masks contradictions in Theresa May's speech image
Source : Guardian [Read Article] Tuesday 17th of January 2017 02:45:56 PM
....May also had an answer for those who question her confident assertion that things will be fine. “Those who urge us to reveal more, the blow-by-blow details … will not be acting in the national interest,” she said. ...
Eight men own more than 3.6 billion people do: our economics is broken | Mark Goldring image
.... Rich countries, including the UK, lose countless billions more. Yet governments, anxious to defend their own corporate sectors and perceived national interests, have failed to adequately respond to companies’ use of tax loopholes, corporate power and new technology to avoid paying their fair share. ...
Will Donald Trump's election put America first and global conflict next? image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 08:33:31 AM
.... And he has cast doubt on existing US security guarantees by suggesting he will force America’s allies to pay for more of their own defence. If Trump is serious about putting “America first”, his administration will shift US geopolitical strategy toward isolationism and unilateralism, pursuing only the national interests of the homeland. ...
Trump appoints China critic Peter Navarro to trade post image
Source : BBC [Read Article] Thursday 22nd of December 2016 01:06:24 AM
.... . Popular news site The Paper quotes trade official Bai Ming as saying that "appointing Navarro will of course increase the pressure on Sino-US trade" but says that "the United States' own national interests" will also be taken into account. ...
Giving business control to sons doesn't end Trump's conflicts, ethics office says image
....”. Carper is among 23 senators who on Tuesday sent a letter urging Trump to divest his business holdings to resolve potential conflicts between the national interest and his personal financial interests. ...
Australia's richest woman Gina Rinehart to buy Kidman estate image
Source : BBC [Read Article] Friday 9th of December 2016 02:51:20 AM
....Australian Treasurer Scott Morrison said: "Previous security concerns that influenced my earlier rejections of sale proposals have been mitigated by excision of Anna Creek, the largest single property holding in Australia part of which is located in the Woomera Prohibited Area (WPA) in South Australia, from the proposed sale to Outback Beef. "Australia welcomes foreign investment where it is consistent with our national interests. ...
Australian GDP: economy shrinks by 0.5% in September quarter image
Source : Guardian [Read Article] Wednesday 7th of December 2016 02:00:59 AM
....“This is the ticket to the next 25 years of growth,” he said on Wednesday. “But we cannot achieve that if we cannot get the partners in this parliament that will engage with us in the national interest, that won’t be engaging in party political games, that won’t engage in negative politics and wrecking and destroying, but will engage to lift the burden on business so they can invest and employ more people. ...
Skyscanner sold to China travel firm Ctrip in £1.4bn deal image
Source : BBC [Read Article] Thursday 24th of November 2016 03:34:38 AM
.... . It would be hard to argue that there is some national interest in interfering to keep it in British hands, and to do so would interfere with the basic rights of investors to sell their property. ...
Philip Hammond admits Brexit vote means £122bn extra borrowing image
Source : Guardian [Read Article] Wednesday 23rd of November 2016 01:36:07 PM
.... He and the Treasury know that’s what will give the best deal for jobs and prosperity here. “It may not be in the chancellor’s nature, but in the national interest I urge him to stand up to the prime minister and the extreme Brexit fanatics in her cabinet. ...
Will the article 50 ruling stop Brexit? | The panel image
Source : Guardian [Read Article] Thursday 3rd of November 2016 12:36:26 PM
.... If “Brexit means Brexit”, the court has confirmed that only parliament can trigger it. Both Houses of Parliament now need to stand up for the national interest and demand accountability from the executive, and for their constituents. ...
Heathrow expansion decision imminent image
Source : BBC [Read Article] Monday 24th of October 2016 11:09:52 PM
....Last week Mrs May told ministers at a cabinet meeting that a decision on increasing airport capacity in the south east of England had been "delayed for too long". Her spokeswoman said the prime minister believed it was important to now take a decision "in the national interest". ...
Belgium-Canada Ceta trade dispute bedevils EU summit image
Source : BBC [Read Article] Friday 21st of October 2016 08:32:17 AM
....European Parliament briefing on Ceta. There is much international interest in Ceta, the EU's most ambitious trade deal to date. ...
Airports expansion decision to be made next week image
Source : BBC [Read Article] Tuesday 18th of October 2016 11:31:21 AM
....Earlier, Mrs May told ministers at a cabinet meeting that a decision on increasing airport capacity in the South East had been "delayed for too long". Her spokeswoman said the prime minister believed it was important to now take a decision "in the national interest". ...
Australia Kidman bid: Gina Rinehart and Shanghai CRED make new offer image
....Previous Chinese-led bids were blocked by the government, which cited national security concerns. Treasurer Scott Morrison said the sale of Kidman's vast holdings to Chinese buyers was not in the national interest. ...
Kim Dotcom wins right to livestream extradition appeal image
Source : BBC [Read Article] Tuesday 30th of August 2016 03:38:54 AM
....The request for livestreaming came on the first day of the appeal hearing in Auckland, which is expected to last up to eight weeks. Another defence lawyer, Ron Mansfield, said there were "unprecedented issues of public and international interest" raised by the case and added that coverage should not be limited to traditional media. ...
Kim Dotcom calls for livestream of extradition appeal image
Source : BBC [Read Article] Monday 29th of August 2016 10:02:36 AM
....Dotcom's lawyer, Ron Mansfield, claims the site should not be held responsible for the actions of its users, and said that his client did not get a fair hearing last year. Mr Mansfield said there were "unprecedented issues of public and international interest" raised by the case and added that coverage should not be limited to traditional media. ...
Australia blocks Ausgrid energy grid sale to Chinese companies image
Source : BBC [Read Article] Friday 19th of August 2016 09:01:09 AM
.... . On Friday, Mr Morrison said selling the grid to foreign investors would be against the national interest. ...
Out in the cold image
Source : BBC [Read Article] Tuesday 2nd of August 2016 11:08:05 PM
....Yet an Eskimologist at Copenhagen says the subject has never been more relevant. Greenland's melting sea ice sheets, calls for its independence from Denmark, and the international interest in its mineral, oil and gas resources have led to governments and extraction companies coming to Copenhagen's Eskimologists for briefings. ...

Theresa May's performance at PMQs was a morale-boosting triumph 
 image
Source : Telegraph [Read Article] Wednesday 20th of July 2016 09:00:00 PM
.... Here, again, first impressions will prove important; so, too, will any indications that Mrs May is able to give as to where she wants to end up at the conclusion of the Brexit negotiations. It is too early for her to say anything definitive; but when asked by one Conservative MP to rule out any notion of staying in the single market by another means, such as through EEA membership, Mrs May said her aim was to secure the best trade deal in the national interest. ...
ARM founder says Softbank deal is 'sad day' for UK tech image
Source : BBC [Read Article] Monday 18th of July 2016 02:55:52 PM
....Prime Minister Theresa May said the Softbank deal showed the UK economy could be successful after the country voted to leave the European Union. A spokeswoman said Mrs May believed the deal was in the country's national interest - a gauge that she will use to assess any future foreign takeovers. ...
ARM chip designer to be bought by Japan's Softbank image
Source : BBC [Read Article] Monday 18th of July 2016 06:31:33 AM
....Sources close to the deal say the Japanese company considers ARM well placed to exploit the so called "internet of things" which may see microchips embedded in whole new categories of household and business devices. Prime Minister Theresa May recently questioned whether foreign takeovers of UK firms are always in the national interest. ...
ARM Holdings in £24bn Japanese takeover deal image
Source : BBC [Read Article] Monday 18th of July 2016 02:09:30 AM
....The proposed takeover of ARM poses a dilemma for the new government. Along with high executive pay, Prime Minister Theresa May has put foreign takeovers on her radar of business dealings that may be bad for the national interest. ...
Aussie Brexit concerns image
Source : BBC [Read Article] Thursday 30th of June 2016 09:28:44 AM
.... . There is, though, only so much governments can do to keep the good times rolling in an age of globalised trade, capricious exchange rates and competing national interests. ...
Airport expansion decision on hold image
Source : BBC [Read Article] Thursday 30th of June 2016 08:35:39 AM
...."Carefully judged infrastructure investment would be one way of filling that gap, and also a way of making a statement that the UK is open for business. "We do want connectivity with the rest of the world, so I think it's a great shame that politicians are putting party interests before the national interest," Mr Allan added. ...
LuxLeaks scandal: Luxembourg tax whistleblowers convicted image
Source : BBC [Read Article] Wednesday 29th of June 2016 03:41:06 PM
....The "Luxleaks" documents were originally used for a 2012 report on French public television in collaboration with the BBC's Panorama and Private Eye magazine. They gained international interest in 2014 with a huge dump of all 30,000 pages into the public domain. ...
Firms plan to quit UK as City braces for more post-Brexit losses image
Source : Guardian [Read Article] Sunday 26th of June 2016 09:40:25 PM
.... Sterling was down more than 1% as the Asian markets opened late on Sunday. George Osborne will make a statement on Monday morning ‎to provide reassurance about financial and economic stability in light of the referendum result and the actions that he and the rest of the government will be taking to protect the national interest over the coming period. ...
Osborne statement seeks to calm fears image
Source : BBC [Read Article] Sunday 26th of June 2016 09:27:21 PM
....Mr Osborne will make his comments at 07:00 at the Treasury before European markets open. A Treasury spokesman said: "The chancellor will make a statement to provide reassurance about financial and economic stability in light of the referendum result and the actions that he and the rest of the government will be taking to protect the national interest over the coming period. ...
Heathrow airport executives need to fly straight on bonuses image
Source : Guardian [Read Article] Monday 16th of May 2016 06:17:20 PM
.... It is conveyed by the logo – a stylised flag with arrows pointing in all directions – and rests on the patriotic argument that expansion would bring economic benefits. But, until now, Heathrow hasn’t told us about a different form of benefit that has nothing to do with the claimed national interest: its chief executive, John Holland-Kaye, and boardroom colleagues could pick up bonuses of unspecified size if the government gives a thumbs-up to a third runway. ...
British workers have discovered the limits of the free market image
Source : Guardian [Read Article] Wednesday 11th of May 2016 01:30:05 PM
.... There is a decreasing demand for the stuff we do still make. So why not have a drive to build things for the nation? Our government can and must lead in the national interest. ...
Protest never changes anything? Look at how TTIP has been derailed | Owen Jones image
....Second, this is a real embarrassment to the British government. Back in 2011, David Cameron vetoed an EU treaty to supposedly defend the national interest: in fact, he was worried that it threatened Britain’s financial sector. ...
Australian treasurer overrules sale of 1.3% of country to Chinese firm image
. Australia’s treasurer, Scott Morrison, has blocked the sale of Australia’s largest landholder S Kidman & Co to a majority Chinese-owned consortium because it “may be contrary to the national interest”. ...
Arrium and the future of the Australian steel industry – four key questions image
....Labor’s industry spokesman, Kim Carr, said Arrium has been “subject to intense assault by foreign steel companies backed by their governments”. “We simply can’t allow national interest to be squandered here,” Carr told ABC radio on Thursday night. ...
Labour: PM losing trust over shares row image
Source : BBC [Read Article] Friday 8th of April 2016 04:33:43 AM
...."You need to be able to trust your prime minister and the fact that he couldn't answer a straight question, straightforwardly, straight away I think has undermined the trust that we have in him," he said. SNP leader Nicola Sturgeon said the prime minister had "big questions to answer" while Lib Dem leader Tim Farron said his behaviour illustrated a government that was intent on supporting a "small proportion of the establishment not acting in the national interest". ...
Wafic Said shunned by Barclays image
Source : BBC [Read Article] Friday 18th of March 2016 04:49:41 PM
....There were accusations of bribery, which led to an investigation by the Serious Fraud Office. That probe was terminated by Tony Blair in 2006, as it was considered counter to the UK's national interest. ...
EU referendum: British exit would be 'poison', says German finance minister image
....”. He claimed EU judges had taken decisions against the UK’s national interests by dictating “what our spies can do and whether we can be kept safe”. ...
David Cameron deserves to come out of the EU referendum with no credit | Polly Toynbee image
....Remember this today: whatever happens in these last-ditch EU negotiations, David Cameron has frivolously and selfishly taken his country to the very brink for nothing more than marginal political self-interest. He has gambled everything he thinks is in the national interest in exchange for worse than nothing. ...
The EU is finished if it doesn't allow Italy to fix its banks image
Source : Telegraph [Read Article] Saturday 13th of February 2016 07:52:01 PM
.... Rome burns, yet they just keep on fiddling as if nothing is wrong. Rarely has European pigheadedness over-ruled reasonable pursuit of the national interest quite so destructively. ...
The Brexit camp is selling a Pollyanna vision that will never exist | Jacek Rostowski image
....Since any new EU-UK free trade deal will require agreement of the EU council, which represents member states, it is essential to consider how EU countries would respond. Throughout Brexit negotiations member states would naturally be driven by their national interests. ...
Transport Secretary defends new Heathrow delay image
Source : Telegraph [Read Article] Tuesday 26th of January 2016 10:00:09 PM
.... . He claimed the Government had let politics come ahead of the national interest by making a concession to Zac Goldsmith, the Tory candidate for London Mayor, MP for Richmond Park and North Kingston, and an opponent of Heathrow expansion. ...
Christopher Pyne backs Belgian trying to save Holden plant in South Australia image
Source : Guardian [Read Article] Wednesday 20th of January 2016 02:48:28 AM
.... Carr and Xenophon have been working for months behind the scenes to try to help the bid and save the manufacturing jobs. Xenophon said Pyne had been “receptive and helpful” to the project and while the “shape and structure” of the deal needed to be examined, it was “in the national interest. ...
Davos should turn its attention to the world's generational crisis image
Source : Guardian [Read Article] Tuesday 19th of January 2016 07:00:19 AM
....Young people are fully aware of the naivety of hoping that leaders elected for four to eight years will tackle long-term problems such as global warming or the plight of youth adequately. They well understand that, by definition, narrow national interests carry far too much weight. ...
Top Treasury civil servant Sir Nick Macpherson to step down in April image
Source : Telegraph [Read Article] Monday 4th of January 2016 12:54:18 PM
.... The intervention caused the then leader of the Scottish National Party, Alex Salmond, no small amount of anguish, who described the Treasury tsar as being beholden to his "political masters". Sir Nicholas later defended the letter's publication, arguing that the contribution was "vital to the national interest". ...
Europe, in or out? The key questions facing David Cameron and Britain image
Source : Guardian [Read Article] Sunday 20th of December 2015 12:05:37 AM
.... That will mean a referendum in the run-up to French and German elections the following year. Neither Berlin nor Paris want the British question hanging over them then, as time will be at a premium, their national interests to the fore, and compromises with the UK harder to broker. ...
Sadiq Khan urges Corbyn to back Gatwick expansion image
Source : Guardian [Read Article] Saturday 12th of December 2015 09:34:13 PM
.... But the Tories are failing to keep their end of the bargain and Cameron has broken his pledge to make a decision by the end of the year. Delaying the process shows the Tories are putting a self-interested political timetable ahead of the national interest. ...

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