Theresa May’s ditching Cameron’s “big society” for the “shared society”

Read more: Theresa May to visit Donald Trump in the US next month”While the obvious injustices receive a lot of attention – with the language of social justice and social mobility a staple of most politicians today – the everyday injustices are too often overlooked. If you’re from an ordinary working class family, life is much harder than many people in Westminster realise,” she will in the speech delivered to Charity Commission. “It means making a significant shift in the way that government works in Britain. Because government and politicians have for years talked the language of social justice – where we help the very poorest – and social mobility – where we help the brightest among the poor. But to deliver the change we need and build that shared society, we must move beyond this agenda and deliver real social reform across every layer of society so that those who feel that the system is stacked against them – those just above the threshold that attracts the government’s focus today yet those who are by no means rich or well off – are also given the help they need.”Because people who are just managing, just getting by don’t need a government that will get out of the way, they need a government that will make the system work for them. An active government that will work for them and allow them to share in the growing prosperity of post-Brexit Britain.” Lynsey Barber Share Forget “big society”, now it’s all about the “shared society”.Theresa May is ditching the “big society” agenda of her predecessor David Cameron, instead vowing to tackle “everyday injustices” and “build a shared society for everyone”. Theresa May’s ditching Cameron’s “big society” for the “shared society” More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.com Big society was named Oxford Dictionaries’ word of the year in 2010. The Prime Minister will lay out plans for social reform in a speech on Monday, to “build a country that works for everyone, not just the privileged few”.Read more: It looks like Theresa May is going to Davos”The shared society is one that doesn’t just value our individual rights but focuses rather more on the responsibilities we have to one another. It’s a society that respects the bonds that we share as a union of people and nations,” she is expected to say.The plans signal a break with previous Conservative leaders, including Cameron’s Big Society platform of the 2010 election. May will seek to address voters who feel government is not working for them and the so-called JAMs – those just about managing. Sunday 8 January 2017 8:53 am whatsapp whatsapp read more

 

Boris Johnson warns Russia is “up to all sorts of dirty tricks” and could undermine the UK’s democratic process

whatsapp “There is very little doubt that the Russians are behind these things,” he said.Johnson was speaking in an interview with ITV’s Robert Peston when he said: by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropHabit TribeWe Ranked These Beautiful Women – Who Is Number 1?Habit TribeDailyforestMom Gives Birth To 7 Babies Where Are They 20 Years Later?DailyforestCrowdy FanDon’t Dress Yourself Old: These 17 Fashion Items Make You Look OlderCrowdy FanHealth Care10 Ways You Never Knew You Could Eat AvocadoHealth CareFEEDBUZZ9 Things That Happen to Your Body if You Workout and Don’t Drink Enough Water -FEEDBUZZHealth.recetasget5 Early Warning Cancer SymptomsHealth.recetasgetWalk In Tubs | Search AdsWalk-In Bathtubs Could Be The New Bathroom Trend Of 2021Walk In Tubs | Search Adsillusion.funIf You See Square Waves In The Ocean Get Out Of The Water Immediatelyillusion.fun Boris Johnson warns Russia is “up to all sorts of dirty tricks” and could undermine the UK’s democratic process Johnson will travel to Moscow to speak with Russian foreign minister Sergey Lavrov in the coming weeks.A spokesperson said the visit is consistent with the UK’s “engage but beware” approach towards Russia and that Britain will engage with Russia “where it is in our national interest to do so”. Sunday 12 March 2017 9:39 pm More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comConnecticut man dies after crashing Harley into live bearnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Boris Johnson has warned Russia is “up to all sorts of dirty tricks” following an intelligence report that told political parties to protect themselves against potential cyber attacks.The foreign secretary said there’s “plenty of evidence” Vladimir Putin’s government is capable of undermining Britain’s democratic process, and he accused the Kremlin of bringing down French TV stations, hacking into the US’ Democratic National Convention and even the attempted assassination of Montenegro’s Prime Minister. Share First of all, we have no evidence that the Russians are actually involved in trying to undermine our democratic processes at the moment.But what we do have is plenty of evidence that the Russians are capable of doing that. And there is no doubt that they’ve been up to all sorts of dirty tricks. Courtney Goldsmith whatsapp read more

 

Exclusive: Cabinet ministers poised to back max fac customs option as Irish border solution breaks Brexit deadlock

Exclusive: Cabinet ministers poised to back max fac customs option as Irish border solution breaks Brexit deadlock whatsapp “Obviously there are a lot of people who still want to push ahead with it, but they know it’s unlikely to happen now. They know it’s taken too much heat and are using these groups as an exit strategy.”A third source concurred. “That was pretty much the sense of why these groups were set up in the first place,” he said.It is hoped that the option ultimately presented will have moved on enough from the options ruled out by Brussels “to allow Barnier to say we are not quite happy, but it’s enough to move onto talks”.Downing Street played down suggestions that a solution was in the post, telling City A.M. it sounded “more like hope than expectation”.But the clock is ticking with a crucial European Council meeting scheduled for the end of June.“It is not sufficient to come to the right answer,” said the source. “You have to come to the right answer now because if you don’t, whatever you do will be the wrong answer.” Catherine Neilan Two working groups – one of which comprises environment secretary Michael Gove, international trade secretary Liam Fox and Cabinet Office minister David Lidington, and the other made up of Brexit secretary David Davis, business secretary Greg Clark and Northern Ireland secretary Karen Bradley – will meet next week before presenting their findings the week after.Two well-placed sources told City A.M. ministers were “coalescing around” max fac, but with enough modifications that it could be presented as the PM’s mooted third way, as a “face-saving exercise for everybody”.Max fac – which would allow so-called “trusted traders” to cross the Northern Ireland and other EU borders freely, aided by technology – took a bruising last week when HMRC boss Jon Thompson suggested it could cost businesses £20bn a year.But allies of Gove – who backs the proposal – told City A.M. that ministers had not been briefed on the figure, and that it was “probably bullshit”.The Institute of Economic Affairs (IEA) estimates the cost at closer to £5bn in a paper which has been circulated among decision-making ministers. Share Friday 1 June 2018 2:41 pm The critical breakthrough is thought to have come from a new solution to the Irish border question.The proposal involves pre-approving trusted traders to travel freely between the Republic and Northern Ireland, while enforcing island-wide standards on areas such as meat.Proponents of this idea of this special economic zone suggested it was virtually identical to existing standards and would not result in the feared border down the Irish sea. The freedom of movement red line will remain intact as long as the UK does not impose visas for EU27 citizens and the Republic does not enter the EU’s Schengen Zone.Multiple sources suggested the NCP – which has been widely derided – could not survive this round of debate.“It’s done, it’s taken too many blows,” one person close to the matter said. “That’s not just the Brexiter view – obviously the Brexiters don’t like it – that’s the view now from the Cabinet Office and even Downing Street. Ministers charged with determining the UK’s position on post-Brexit customs are poised to argue for a modified version of the “max fac” option, after making a breakthrough on the Irish border issue, City A.M. understands.For nearly a month, Cabinet ministers have been analysing the two options – the new customs partnership, or NCP, initially proposed by Prime Minister Theresa May and the highly streamlined or “maximum facilitation” route, backed by Leavers including foreign secretaryBoris Johnson. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBasement Repair | Search AdsFoundation Repair? May Now Be Even More Affordable in Scottsdale. Check optionsBasement Repair | Search AdsArticles Skill10 Habits That Damage Your Kidney (Most People Ignore)Articles SkillFlight 10[Photos] Trail Cam Photos Captured In The Wilderness.Flight 10Magellan TimesJada Pinkett Smith Opened Up About Her Son Saying The Words No Mom Wants To HearMagellan Timestwitways.com7 Facts That Nobody Told You About Garlic.twitways.comBridesBlush26 Of The Funniest Boat Names At SeaBridesBlushLocksmith of HeartsAt 63, Lorenzo Lamas Lives In This HouseLocksmith of Heartsalldelish11 Anxiety Causing Foods To Stay Away FromalldelishReport SeedMarried Rich: Michael Jordan’s Wife Is One of The Richest Woman In AmericaReport Seed read more

 

City business groups unite in calling for EU to match UK no-deal Brexit preparations

Thursday 23 August 2018 1:06 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comTotal PastThis Woman’s Obituary Was So Harsh, Her Son Was Left ReelingTotal PastHealthyGemBaby Has Never Eaten Sugar Or Carbs, Wait Till You See Her TodayHealthyGemBetterBe20 Stunning Female AthletesBetterBeWTFactsHe Used To Be Handsome In 81s Now It’s Hard To Look At HimWTFactsNovelodgeMan Pulls Hidden String In Scottsdale And Discovers Secret Room Filled With…NovelodgeAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic Mirror Financial services lobby groups welcomed the preparations, while warning that no deal would be the worst scenario for firms in the UK and the EU.Catherine McGuinness, policy chairman at the City of London Corporation, said described no deal as “the worst case scenario” facing the Square Mile, but urged the EU to reciprocate in putting in place unilateral measures on issues such as contract continuity.The UK government has already committed to a temporary permissions regime (TPR) to allow EU financial firms to continue using the so-called passport to serve UK clients after Brexit. However, this move has not been repeated on the EU side, to the increasing frustration of British regulators and business groups.“The clock is ticking – there are just over 200 days until Brexit,” said McGuinness. “It’s time the EU clarifies how trading arrangements might continue post-Brexit and takes steps to reciprocate the action taken by the government and UK regulators; if the EU fails to do so it’s not just the UK this will affect, it will harm EU businesses and consumers too.”The issue of contract continuity is “top of the list” of concerns which the European Commission must address, according to Miles Celic, chief executive of TheCityUK. More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMark Eaton, former NBA All-Star, dead at 64nypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org He said: “Neither the industry nor the UK can fix this alone. This is a practical issue that impacts customers and clients. It is time for EU authorities to tackle it in that spirit.”Cooperation between the European Central Bank and the Bank of England over financial stability is one area where preparation has advanced, after a working group was set up in April. Brexit secretary Dominic Raab today cited this cooperation as an example of both parties working together – even if broader trade talks break down.Stephen Jones, chief executive of UK Finance, said: “A ‘no deal’ scenario can and should be avoided. Both the UK and our EU partners should focus on agreeing a managed exit and a clear framework for cross-border trade including in financial services. Jasper Jolly The City’s top business groups today called for the EU to secure cross-border financial trade in the event of a no-deal Brexit, after the UK government set out its warnings to firms on the consequences of negotiations falling through.The government today published technical notices covering 24 issues, including financial services, which will arise if no deal is agreed by 29 March 2019. Share whatsapp whatsapp City business groups unite in calling for EU to match UK no-deal Brexit preparations read more

 

Shoppers ditch high street in one of the worst Augusts on record for retail

Alys Key whatsapp Shoppers ditch high street in one of the worst Augusts on record for retail The 2.7 per cent year-on-year decline also marked the seventh month in a row of negative in-store sales, and the eleventh month in succession where bricks-and-mortar growth failed to exceed one per cent.Total in-store like-for-like sales fell every week of August starting with a 3.9 per cent drop in the first week, as the heatwave continued.The onset of cooler weather and the arrival of a bank holiday by the end of the month improved the picture slightly, but sales in August’s final week were still 1.1 per cent lower than this time last year.It was a particularly poor showing for the fashion and homewares sectors, as consumers turned to online shopping and leisure activities instead.Sophie Michael, head of retail and wholesale at BDO, said: “The high street hasn’t seen any notable growth since October last year. With inflation continuing to bite on the weekly shop and the heatwave driving discretionary spending to bars and entertaining, there is even less disposable income heading to the high street.” Friday 7 September 2018 10:18 am Retailers including John Lewis and Debenhams have this week launched fresh ad campaigns and new instore initiatives as high street stores try to entice shoppers back with new autumn ranges.Read more: Changing tastes shows retail’s centre cannot hold More From Our Partners Matt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comConnecticut man dies after crashing Harley into live bearnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com whatsapp Share Shoppers ditched the high street in August, making it one of the worst months on record, new figures have shown.Sales dropped at their steepest rate for three years, accountancy and business advisory firm BDO said in its latest high street tracker, released today. read more

 

Reimagining the way we use space could reawaken our deserted high streets

first_imgWorkers utilising under-used daytime spaces in cafes and restaurants to freelance would bring people through the door and lead to a much-needed upswing in refreshments bought during the day – which can be dead hours for many high street restaurants, cafes and bars.This is already happening in some cities, with startups in the US and the UK partnering with restaurants, bars and cafes to upgrade wifi provision, rethink the way space is laid out, and offer apps and online services to connect workers to relevant spaces.By repurposing these spaces, these companies provide an economical solution for all involved, allowing property owners to maximise earning potential by making money in their off-hours, while providing more flexible and cheaper methods for remote working.With more people than ever working remotely, including employees from SMEs and major corporations, many are seeking cost effective flexible working spaces. And latent capacity can be optimised by reworking areas of the high street to encourage footfall.The creation of retail hubs is another way space reprogramming can act to reawaken the high street – through banding groups of shops together to spare space, the store is cheaper to operate. Reimagining the way we use space could reawaken our deserted high streets Sanj Mahal Gatherings of multi-use businesses can be united under one banner and website or positioned as an interactive destination.Collaborating with complementary retailers and brands and ensuring the area can double up for other uses –such as serving as an event or co-working space – adds a community element and ensures consumers are happy to spend more hours there, take advantage of more of the high street’s services, and are likely to spend money.Supermarket sprawl, out-of-town shopping, and the internet have all contributed to the creation of a shopping mono-culture on the high street.By redesigning streets to encourage lingering, instead of being constructed to optimise the passage of cars and people, we can motivate consumers to move more slowly within a space – making it more creative and sociable.Promoting more community uses for space would stimulate people to remain in places for longer. A group of some of the biggest restaurants in the UK have called on the government to tax web giants in order to save the high street. Networking together, collaborating on a work project, uniting to attend a local art or tech project, would create relationships and attract people to a place.As they stay longer, people are consequently more likely to make use of the services around, including shops, restaurants and cafes.Re-imagining high streets as destinations for socialising, culture, work and creativity would reawaken deserted spaces and open the high street up to new uses for a greater variety of people. Since 2008, 11,000 major high street outlets have gone bust, while 1,500 restaurant insolvencies were reported in the UK in 2017, and 15,000 more are under threat.The restaurant sector is wrestling with the concatenating circumstances of tighter consumer spending, business rate hikes, and ecommerce behemoths paying 20 times less tax than UK restaurants expend on competitive locations.With no checks yet in place to prevent big web companies from dominating the retail sector, rethinking the way we use space could be the answer to reviving the ailing high street.With half of the UK’s workforce is projected to be freelance by 2020, remote jobs and flexible working are clearly here to stay.The high street can adapt to this change by encouraging people to use their spaces to hot-desk. More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comcenter_img Friday 26 October 2018 1:45 pm Share whatsapp whatsapp Tags: Startups Taxlast_img read more

 

DEBATE: With Italy now in recession, is the nation facing an economic crisis?

first_img GDP growth has been negative over two consecutive quarters. While this may not develop into a full-blown financial meltdown, there are certainly grounds to worry.The government has just passed a budget that is expected to inflate the already gargantuan deficit. With the spread between Italian and German bonds widening with every reckless move of this populist administration, there is little hope for the notoriously weak Italian banks to weather a storm.The announcement also reveals further depths of the Italian crisis. The administration is in chaos – hardly a news cycle goes by without a minister giving a pitiful display of incompetence. Meanwhile, the opposition is too divided to intervene, relations with Europe deteriorate, and the real issues of the country go unsolved.Italy’s crisis is not only economic – it is political and cultural too. And this cannot be cured by an economic boom, fictional or otherwise.Dominic Standish, academic and author of Venice in Environmental Peril? Myth and Reality, says NO.Italy has serious economic problems, but a crisis is not imminent. City A.M.’s opinion pages are a place for thought-provoking views and debate. These views are not necessarily shared by City A.M. Opinion DEBATE: With Italy now in recession, is the nation facing an economic crisis? Share Friday 1 February 2019 7:55 am More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comcenter_img Tags: Trading Archive whatsapp whatsapp With Italy now in recession, is the nation facing an economic crisis?Beatrice Faleri, economist and freelance writer originally from Italy, says YES.Less than a month ago, Italy’s Prime Minister boasted of a forthcoming “economic boom”. Yesterday, in a somewhat comical U-turn, he reported that, in fact, the country has entered an economic recession. Beatrice Faleri and Dominic Standish The latest data for GDP reveals that Italy’s economy was technically in recession during the second half of 2018. This continues protracted stagnation, as GDP has not recovered to 2008 levels. Yet stagnation is not the same as a crisis, which requires a number of trends to converge and precipitate a loss of confidence.A key current indicator of confidence in the Italian economy is the sale of Italian bonds. “The data from the auction of BTP bonds are highly encouraging,” stated Luigi Di Maio, Italy’s deputy prime minister, on Thursday. He added: “that means there is great confidence in our country”.In 2018, there were much more problematic periods in the Italian bond market than at present. While limits imposed by the European Union on Italy’s budget deficit constrain growth, if these could be avoided more government investment would help avert a future crisis. last_img read more

 

Brexiters slap down reports they could swing behind Theresa May’s deal if she quits by June

first_imgSunday 10 March 2019 9:20 pm Read more: May calls on EU for ‘one last push’ to get a Brexit dealEarlier today Baker and the leader of the DUP in Westminster, Nigel Dodds, wrote in the Sunday Telegraph to warn that delaying Brexit would be a “political calamity” that would mean a “costly delay for business which have prepared to exit on 29 March”.Their concerns were echoed by former Brexit secretary David Davis, who warned that the UK could see its “Trump moment” if politicians failed to deliver Brexit on the scheduled departure date of 29 March – just 19 days away. Tags: Brexit People Theresa May The Tory party opened up a new front in its ongoing civil war tonight after senior Brexiters slapped down reports that they could get behind Theresa May’s Brexit deal if she offers her resignation by June.Brexiters told City A.M. the reports were part of a disinformation campaign by Downing Street to swing MPs behind the Prime Minister’s deal, which will be put before the Commons in another crunch vote on Tuesday. whatsapp Bernard Jenkin, a member of the Brexit-supporting European Research Group, said: “The withdrawal agreement is not something that can be subjected to some act of political bargain. I know of no ERG MP who would compromise themselves and the country’s future for some short-term political fix. I think this has come from Downing Street, not the ERG.”Tonight Downing Street dismissed the allegations as “categorically untrue”.Read more: Leading Brexiters warn against ‘political calamity’ of Article 50 delayJohn Redwood, another Brexit-backing Tory, said reports in the Sunday Times that Brexiters were calling for May to resign “[sounded like] disinformation to me”.He said the ERG had been “very loyal” since their ill-fated attempt to oust May in a vote of no confidence last November. He said nothing could sway him to vote for May’s deal, which he branded a “surrender document of the worst kind”. center_img Share Alexandra Rogers Steve Baker, another senior ERG member, hit back at foreign secretary Jeremy Hunt, who warned there was a risk that we “end up losing Brexit if we get the votes wrong in the next couple of weeks”.In his rebuttal to Hunt, Baker said: “The people who would stop Brexit should know just this: what you do, you’ll have to do in public now. And everyone will know just what you have done. Stopping Brexit will be on you, not Brexiteers. Don’t kid yourselves otherwise.”On Tuesday May will attempt to overturn the thumping 230-vote defeat she suffered in January when she first put her Brexit deal to MPs in a meaningful vote. She has promised MPs that if her deal is rejected they will get the chance to vote on whether to rule out no-deal on Wednesday. If no-deal is taken off the table, there will be a vote to extend Article 50, the mechanism that allows the UK  to leave the EU.Tuesday’s vote was originally scheduled to be held in February but was pushed back after May asked MPs to give her more time to win changes to the Irish backstop, the policy that is designed to prevent a hard border in Northern Ireland but has earned the opposition of many MPs who fear the UK will be trapped indefinitely in a customs union with the EU.May is feeling the pressure after a last-ditch trip to Brussels by the attorney general, Geoffrey Cox, appears to have ended in failure. Brexiters slap down reports they could swing behind Theresa May’s deal if she quits by June whatsapplast_img read more

 

House of Lords to attempt to rush through bill to prevent no-deal Brexit

first_imgRead more: Mark Carney warns of “alarmingly high” no-deal Brexit riskAs wrangling over Brexit continued, the EU announced that Britons visiting the bloc for under three months would not need a visa so long as the UK was prepared to offer the same arrangement.The system would apply regardless of whether Britain left the EU with a deal or without one. Share whatsapp Thursday 4 April 2019 10:07 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comBleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreakerFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily Funny The bill, which would instruct Prime Minister Theresa May to seek an extension of the leaving period to provide more time for other options, was yesterday rushed through a process that can take months, even years, in only six hours.This morning the upper chamber will attempt to repeat the feat, debating and approving the bill in just a day so that it can become law. The Lords will begin the debate at 10.30 am.The government opposed the bill in the Commons last night, saying it had already said it would request an extension.Yesterday also saw the Prime Minister meet with Labour leader Jeremy Corbyn in Downing Street after she pledged to find a new way to get her deal through parliament by appealing to the opposition.Corbyn said after the first round of talks that May had not moved as far as he had hoped. The House of Lords will this morning debate a bill to stop Britain crashing out of the European Union without a deal, after it was voted through the House of Commons last night by only one vote.Read more: Brexit delay wins MPs’ support by a margin of a single votecenter_img whatsapp More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPuffer fish snaps a selfie with lucky divernypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com House of Lords to attempt to rush through bill to prevent no-deal Brexit Harry Robertson Tags: Trading Archive “There hasn’t been as much change as I expected,” Corbyn said. He said he had pushed for a customs union with the EU and access to the single market, ideas which are anathema to some Tory Brexiters.The Labour leader said: “I also raised the option of a public vote to prevent crashing out or leaving on a bad deal.” This was a cautious formulation of words from a leader under pressure from his party membership to fully support a second referendum on any deal.He added yesterday evening: “We will have further discussions tomorrow to explore technical issues.”Defending May’s decision to enter talks with the Labour leader, health secretary Matt Hancock said on BBC Breakfast this morning: “It is important sometimes in life to compromise.”“The Prime Minister has done everything she possibly can to get that deal through, and so the only option left open to her is to seek Labour votes,” he said.last_img read more

 

City watchdog accused of using legal red tape to delay report into RBS GRG unit

first_img whatsapp Cable told City A.M. that Maxwellisation was becoming “an abuse itself”.“It is shameful that almost a decade after this happened we’re not even close to publication,” he said.Read more: City watchdog under fire for delaying report into RBS’s GRG unit“It’s totally reasonable that people have a right to reply, but Maxwellisation should be time limited so it is not used as a device for people who want to hold up the truth,” he said.Last year the watchdog caused widespread dismay when it said it was unable to prosecute senior managers within GRG. The decision came on the back of an investigation by independent investigators Promontory which found “widespread inappropriate treatment” of customers by the GRG.In stage two of its investigation, Promontory proposed looking at the “root causes” of the GRG misconduct, such as the influence of external stakeholders, conflicts of interest and reward and incentive structures for GRG.However, it did not progress to stage two because the FCA said it would proceed straight to enforcement. The regulator then sparked outrage when it said it lacked the powers to discipline RBS – a decision that was branded “disappointing and bewildering” by Treasury Select Committee chair Nicky Morgan.The FCA has come under renewed criticism for its decision to take stage two of Promontory in house in light of recent allegations that the Treasury had significant control of the GRG through the Asset Protect Scheme (APS), which insured RBS’ toxic loans at the height of the financial crisis.The allegations emerged in a court case between the bank and Manchester-based businessman Oliver Morley, who claims RBS placed his firm under “economic duress”. RBS has said the claim is without merit. At a Treasury Select Committee hearing in January this year, FCA chief executive Andrew Bailey said Maxwellisation had started. As named individuals are given 21 days to respond, Bailey said that part of the process would be complete by mid-February.An FCA spokesperson said: “There has been no delay in the publication of our report into GRG.”Read more: Nicky Morgan ducks investigation into Treasury role in RBS GRG unitKevin Hollinrake, chair of the parliamentary group for fair business banking, said: “It seems to be excuse after excuse. If Maxwellisation is the reason, then I don’t buy it.”The fear is that the FCA is running scared of RBS and who was responsible. It seems we have to go to RBS for approval at every stage to get approval for reports. It is very disappointing.” City watchdog accused of using legal red tape to delay report into RBS GRG unit Alexandra Rogers center_img Thursday 11 April 2019 5:56 pm whatsapp Share The City watchdog has been accused of abusing legal red tape to delay a report into its controversial decision not to take action against senior individuals within RBS’s rogue unit GRG.Former business secretary Sir Vince Cable said the Financial Conduct Authority (FCA) is using Maxwellisation – a process whereby individuals criticised in an investigation are given the chance to respond – to “hold up” the publication of the report, which names senior individuals in the unit that has been accused of destroying thousands of small businesses and livelihoods. Tags: Company FCA Royal Bank of Scotland Grouplast_img read more