The Green deal: a government-sponsored scheme eventually discarded after failing to adequately explain its benefits and providing poor value to participants.I’m referring, of course, to a Tory-Lib Dem coalition energy-efficiency programme, but is it a description which applies equally well to Sir Philip Green’s £363m settlement with regulators over the pension crisis at BHS? On the face of it, no. The tycoon has honoured his pledge to offer the 19,000 members superior benefits to those available through the Pension Protection Fund.Read more: So how did Sir Philip end up paying £363m? Key episodes in the BHS box setNot only that: Green’s settlement represents an important milestone for “zombie” pension schemes without a corporate sponsor – which, handily, the PPF has just paved the way to introduce more widely.And while it may have been the result of extreme political and regulatory duress, it would be churlish not to acknowledge that this week’s deal is a long way from the initially pitiful £80m offer he proposed to the pension trustees less than a year ago.That’s a low bar, though. You don’t have to dig very far into the detail of The Pensions Regulator’s agreement with Green to see that the biggest beneficiaries are those at the wealthier end of the BHS pay scale. Mark KleinmanMark Kleinman is the city editor of Sky News Read more: BHS pension scheme: What happens next?The removal of a cap on their retirement income will still feel like a kick in the teeth to thousands of lower-income workers who will receive lower inflation-based increases than those provided by a BHS that had remained afloat.That’s not necessarily Green’s fault. He promised to sort the scheme, and he has.But it would be interesting to note whether legal advice provided to the regulator felt there was a decent chance of squeezing any more out of a billionaire whose efforts to salvage his reputation might still require a pair of armbands.Is the BP AGM well-timed?If timing is everything, it’s no accident that BP, typically one of the first of Britain’s corporate elite to stage its annual general meeting, has shifted it back by a month this year. whatsapp Share A pensions Green deal that needs energy to understand Read more: Pay revolt grows after Dudley gets a bloody noseAs the director responsible for the decision, Dowling has been disappointingly reticent by way of public justification.So here’s an idea for her and her committee colleagues: they should commit in its annual report to resigning from the BP board if the company’s pay policy attracts meaningful opposition at the AGM.Read more: BP has dropped its break-even oil price target to $35-40 a barrelFidelity Investments argued recently that remco chairs should quit if they fail to secure 75 per cent support for pay reports.In BP’s case, applying it to the whole committee (for one year only) would be a more appropriate way of holding their feet to the fire.Knickers in a twistMike Ashley, according to one associate yesterday, has “always wanted to get into women’s knickers”.After buying Agent Provocateur, he has got his wish. But he wasn’t only battling a Lion (Capital). I’m told he also faced a rival bid from Quadro Capital, an investment firm led by Giedrius Pukas, an experienced retail investor.Read more: Sports Direct’s Mike Ashley lands Agent Provocateur dealQuadro, I’m told, offered £35m with a pledge to plough £30m more into the company – while retaining its head office and workforce.Perhaps, like Agent Provocateur’s products, there wasn’t enough elastic to stretch the auction any longer. Friday 3 March 2017 5:00 am The humiliating revolt in 2016 over Bob Dudley’s pay award must’ve been uppermost in the company’s mind when it made a decision to delay its AGM until the middle of May.Read more: Row over BP boss Bob Dudley’s pay ramps upBy then, the broader temperature of corporate Britain will be much clearer – but the early skirmishes of this year’s AGM season suggest the oil company might not enjoy a smoother ride.To recap: BP directors led by Dame Professor Ann Dowling, the remuneration committee chair, have proposed reducing the maximum long-term share award to executive directors from a multiple of seven times salary to six, and now five-and-a-half.Even this lower figure is insufficient for some investors, who believe the board showed remarkable crassness in delivering a bumper pay rise to Dudley even as BP – and shareholders – bore the remaining costs of the Gulf of Mexico spill and the weak oil price. whatsapp
Terri Hickey, McDonald’s US spokesperson, said: “Twitter notified us that our account was compromised. We deleted the tweet, secured our account and are now further investigating this.”The tweet was liked more than 1,700 times and retweeted more than 1,600 times before it was deleted – although it was pinned at the top of the @McDonaldsCorp timeline for almost 20 minutes – but don’t worry, we’ve got a screengrab. More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.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.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org The McDonald’s corporate comms team apparently went rogue this afternoon, with an insulting tweet directed at US President Donald Trump. A tweet from the @McDonaldsCorp account was sent addressing the President, stating: “@realDonaldTrump You are actually a disgusting excuse of a President and we would love to have @BarackObama back, also you have tiny hands”. whatsapp Thursday 16 March 2017 4:11 pm There’s been no reply from the President, but given the fast food giant chose Trump’s favourite method of communication to deliver their off-message message, it’s surely only a matter of time before he fires back.The tweet must have stung the famously fond of fast food Trump, who even starred in a McDonald’s ad once upon a time. whatsapp Share McDonald’s goes rogue with insulting tweet to US President Donald Trump Caitlin Morrison
Michael Searles Share But a joint declaration from the world’s richest 20 countries to tackle climate change was only agreed upon after the US inserted an exemption cause. “Climate actions at all levels with broad participation, including by non-state actors, will be the key to realising such a paradigm shift.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndoFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleUndoDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionUndoPsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsUndoUnderstand Solar$0 Down Solar in Scottsdale. How Much Can You Save? Try Our Free Solar Calculator Now.Understand SolarUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndoNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext RefinanceUndo The communique said: “[All G20 nations] will strive to foster inclusive finance for sustainable development, including public and private financing mobilisation and alignment between them, as well as innovation in a wide range of areas for low emissions and resilient development. whatsapp “The US’s balanced approach to energy and environment allows for the delivery of affordable, reliable, and secure energy to all its citizens while utilising all energy sources and technologies, including clean and advanced fossil fuels and technologies, renewables, and civil nuclear power, while also reducing emissions and promoting economic growth.” Read more: May tells Putin that the Salisbury attack can never be repeated The clause read: “The United States reiterates its decision to withdraw from the Paris Agreement because it disadvantages American workers and taxpayers. OSAKA, JAPAN – JUNE 29: Britain’s Prime Minister, Theresa May, speaks during a press conference at the end of the G20 summit on June 29, 2019 in Osaka, Japan. U.S. President Donald Trump and Chinese President Xi Jinping agreed to resume trade negotiations on Saturday during their meeting in Osaka at the annual Group of 20 summit, in an attempt to resolve a trade deal between the world’s two largest economies. According to reports, both leaders agreed that the U.S. would not impose new tariffs during their discussion as world leaders met in Osaka during the two-day G20 summit to discuss economic, environmental and geopolitical issues. (Photo by Carl Court/Getty Images) Saturday 29 June 2019 12:31 pm The remaining 19 leaders agreed to the proposals and all 20 agreed to work together on other facets. May said that other governments should copy the UK’s new aim of net zero carbon emissions by 2050 and world leaders should “embrace this target”. President Donald Trump said he would not change his mind regarding the decision to withdraw from the agreement in 2017, as it was not in the benefit of American workers on the economy. Tags: Climate change Donald Trump Theresa May whatsapp Talking at a press conference after the summit, May told reporters: “Over the past two days, leaders have discussed some of the most pressing challenges facing our nations. Speaking after the two-day G20 summit, Prime Minister Theresa May told other countries to “raise their ambition” to tackle climate change. “In recent months we have heard hundreds of thousands of young people urge us – their leaders – to act on climate change before it’s too late. “I am proud that the UK has now enshrined in law our world-leading net zero commitment to reduce emissions. And I have called on other countries to raise their ambition and embrace this target.” Theresa May urges G20 leaders to tackle climate change as US refuse The United States was the only country not to reaffirm its commitment to implement the 2015 Paris climate accord. Read more: Trump tells Putin not to “meddle” in 2020 election
whatsapp Read more: ‘Bridge over Brexit’: UK and US strike post-Brexit derivatives and trading deal in major boost for the City Tuesday 23 July 2019 7:14 pm James Booth Global regulators have delayed the introduction of new rules that would require smaller fund managers to set aside cash to cover their derivatives transactions. The Basel Committee on Banking Supervision (BCBS) and the International Organisation of Securities Commissions (IOSCO) said today the new rules would be implemented from September 2021, a delay of a year. The regulators said they had “agreed to this extended timeline in the interest of supporting the smooth and orderly implementation of the margin requirements.” The delay to the implementation of the rules follows warnings from industry bodies of a bottleneck as the greatly expanded number of institutions affected scramble to comply with the new regulations. Phase five of the rules would mean that institutions with derivatives with a notional value of more than €8bn (£7.1bn) would have to comply with the new tougher regulations. Claude Brown, a derivatives partner at law firm Reed Smith, said: “The problem is the threshold drops from €750bn to €8bn so you have a potential universe of 7,000 new initial margin relationships to put in place.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeUnderstand Solar$0 Down Solar in Scottsdale. How Much Can You Save? Try Our Free Solar Calculator Now.Understand Solarbonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldBest Selling Grills | Search AdsTraeger Blaze & American Grills On SaleBest Selling Grills | Search AdsGraber BlindsWindow Treatments So Sophisticated, It’s Hard to Believe They’re so AffordableGraber Blinds whatsapp Read more: Let’s end the government monopoly of financial regulation Chief executive of the International Swaps and Derivatives Association, Scott O’Malia, said: “The decision by BCBS/IOSCO to split the phase-five implementation over two years will reduce the risk of a compliance bottleneck in September 2020, and will help ensure smaller firms will have longer to get the necessary systems and processes in place.” Regulators delay introduction of new tougher rules on derivatives after industry pleas The rules are intended to ensure institutions have the cash to cover derivatives trades if they go wrong. Share
Wednesday 21 August 2019 8:08 am “Small business need an Emergency Budget before 31 October with across the board measures to boost cash flow and help small business prepare, and adapt, to any new trading circumstances from 1 November.” So far, 72,000 companies have EORI numbers. Some 240,000 firms are estimated to require the status by 31 October, the point at which Prime Minister Boris Johnson has said the UK will leave the EU “deal or no deal”. whatsapp Sendcloud’s data found that a further 51 per cent of UK consumers were put off from buying internationally because of the inflated delivery costs. (Getty) Businesses are to be automatically enrolled in a new customs system, as part of government efforts to keep British firms trading after Brexit. Main image: Getty Business groups hail ‘long overdue’ move on customs system “This will help ease the flow of goods at border points and support businesses to trade and grow.” by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamazenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.combonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPost Fun25 Worst Movies Ever, According To Rotten TomatoesPost FunMisterStoryWoman files for divorce after seeing this photoMisterStory Businesses without an EORI number will be unable to continue to trade with EU member states. They welcomed the news – but urged more action from Westminster. Tags: Brexit British Chambers of Commerce director general Adam Marshall said: ““Businesses do not want a messy and disorderly ‘no deal’ Brexit on 31 October, but given the ticking clock, it’s prudent that both government and industry be as prepared as possible. The proportion of firms applying for EORI numbers was concerningly low, and automatic issuance will help ease the administrative burden facing companies in the weeks and months ahead. “Sorting EORI numbers is only a first step. For many firms, it will trigger more questions. Businesses still need clarity on many other cross-border trade issues, such as customs procedures at borders following a no deal exit and when the Government will launch an official database to provide ease of access to information on tariffs and quotas. The government must urgently provide answers to these questions, and ramp up both guidance and support for businesses.” Federation of Small Businesses (FSB) Chairman Mike Cherry, added: “Focus must now move on to what other support government can offer to small businesses including those small businesses exclusively trading with the EU that are below the VAT register. whatsapp HMRC will allocate more than 88,000 firms with an Economic Operator Registration and Identification (EORI) number in the next fortnight – double the existing number. Letters informing companies of their EORI number will start arriving as early as today. Catherine Neilan Chancellor Sajid Javid said: “There can be no time for delay which is why HMRC has allocated thousands of businesses with a trading number to ensure they can continue to trade their goods through Europe from day one. Share It comes as part of the government’s ramped up preparations for a no-deal Brexit and follows calls from business groups to speed up the rollout of the scheme.
It comes just a week after an MPC meeting in which there was no indication that borrowing costs could be cut. Share Similarly, if the UK avoids a no-deal Brexit, he said: “Monetary policy also could go either way and I think it is quite plausible that the next move in Bank rate would be down rather than up. Following his remarks, the sterling has fallen by 0.3 per cent against the dollar to 1.229, although it has recovered slightly from its initial dip to 1.227. LONDON, ENGLAND – JANUARY 25: A taxi drives past the front of the Bank of England in London’s financial district after it was announced that UK economy shrank by 0.2% during the last quarter of 2010 on January 25, 2012 in London, England. The official economic figures, released by the Office for National Statistics, come a day after they calculated that Government debt had risen to an all-time record of 1 trillion GBP. (Photo by Oli Scarff/Getty Images) Michael Searles Tags: Bank of England UK interest rates Saunders said that Brexit had meant uncertainty for around 50 per cent of businesses and that while it had only had a modest effect on UK growth in 2017 and 2018, this year there was evidence of weaker growth. “In making the case for a cut now it conforms to the belief in many in the market that the Bank is barking up the wrong tree with its slight tightening bias in its forward guidance,” he said. “The economy could follow very different paths depending on Brexit developments,” Saunders said at a business event in Barnsley. “But in my view, even assuming that the UK avoids a no-deal Brexit, persistently high Brexit uncertainties seem likely to continue to depress UK growth below potential for some time, especially if global growth remains disappointing. Bank of England could cut interest rates if Brexit uncertainty persists, says MPC member The Bank of England may need to cut interest rates even if a no-deal Brexit is avoided, according to a member of the monetary policy committee (MPC), which sets the rates. Chief analyst at Markets.com, Neil Wilson, says the comments show the Bank are “barking up the wrong tree”. The rate-setter also acknowledged that the appropriate policy response to a no-deal Brexit could go up or down, dependent on how supply, demand and exchange rates are affected. Read more: EU’s Juncker says Britain to blame if stalemate ends in no-deal Brexit Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndoYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamaUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoJournalistateTeacher Wears Dress Everyday, Mom Sets Up CamJournalistateUndo “One scenario is that Brexit uncertainty falls significantly and global growth recovers a bit. In this case, some further monetary tightening is likely to be needed over time. whatsapp Bank barking up wrong tree Read more: Small businesses need ‘meaningful financial assistance’ to prepare for no-deal Brexit, FSH warns “Of course, the monetary policy response to Brexit developments will also take into account other factors including, in particular, changes in the exchange rate and fiscal policy.” Saunders concluded that: “In steering through these uncertainties, the MPC will of course be guided by our remit and the aim of ensuring a sustainable return of inflation to the 2 per cent target in a way that supports output and jobs.” Friday 27 September 2019 9:19 am “The comments from Saunders are clearly an added weight on the pound.” whatsapp “Another scenario, and this is perhaps more likely to me, is of prolonged high Brexit uncertainty,” he said. “In such a scenario – not a no-deal Brexit, but persistently high uncertainty – it probably will be appropriate to maintain an expansionary monetary policy stance and perhaps to loosen further. More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comConnecticut man dies after crashing Harley into live bearnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comWhy people are finding dryer sheets in their mailboxesnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Michael Saunders has said that the Bank may have to cut rates if the “slow puncture” effect on the economy from Brexit uncertainty persists.
A commemorative coin was minted when the UK joined the European Economic Community in 1973, and another when it hosted the EU Council in 1998. The Royal Mint regularly issues commemorative coins to mark significant national occasions, and 22 new 50p coins have been issued since 2012. MPs voted down Boris Johnson’s attempt to fast-track his deal through parliament earlier this week, and the prime minister is now awaiting EU leaders’ decision on whether to grant a further Brexit extension. whatsapp Read more: FTSE 100 and European stocks climb higher amid Brexit limbo Main image credit: HM Treasury Chancellor Sajid Javid had asked for three million of the coins to be in circulation and ready for 31 October, with a further seven million to be released within a year, but the government’s loss of a key vote has made the Halloween departure date look increasingly unlikely. Share It is thought around 1,000 of the 31 October coins had already been minted as part of a trial, The Telegraph reported. The future of a batch of commemorative Brexit 50p coins emblazoned with 31 October has been thrown into doubt as it becomes increasingly unlikely that Britain will leave the European Union before that date. Thursday 24 October 2019 11:24 am Fate of Brexit 50p coins in doubt as extension becomes more likely The Treasury declined to comment on whether they had already begun minting the first batch of the coins, describing it as commercially sensitive information. The Treasury has melted down Brexit Day coins with the wrong dates on Read more: Brexit latest: Lib Dems reveal second referendum plan Anna Menin The coins were due to be emblazoned with the words “peace, prosperity and friendship with all nations”. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyUndoFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLamaUndoMisterStoryWoman files for divorce after seeing this photoMisterStoryUndobonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comUndoBetterBe20 Stunning Female AthletesBetterBeUndozenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comUndo whatsapp Users took to Twitter following news that the fate of the commemorative coins was uncertain, with one Telegraph writer suggesting: “can they not just leave you a space so you can fill in the exit date yourself with a pen”. Tags: Brexit
“I will go to [South West Hertfordshire] and campaign for David Gauke, I would go and help Philip Lee, I think we’ve all got to do what we can do,” he said. Former Labour spinner Alastair Campbell to campaign for ex-Tory minister Gauke by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterMisterStoryWoman files for divorce after seeing this photoMisterStoryzenherald.comDolly Finally Took Off Her Wig, Fans Gaspedzenherald.comPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factorybonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comJournalistateTeacher Wears Dress Everyday, Mom Sets Up CamJournalistateYourDailyLamaHe Used To Be Handsome In 80s Now It’s Hard To Look At HimYourDailyLama For three years I have sat in meetings and listened to leaders and leading lights of @LibDems @TheGreenParty @theSNP and @UKLabour too all vying for the purer than pure anti-Brexit brand. Now an election comes at time of national crisis they retreat into pathetic old politics 1/3— Alastair TACTICAL VOTE FOR PEOPLE’S VOTE Campbell (@campbellclaret) November 13, 2019 Gauke was among the MPs expelled from the Tories by Boris Johnson after he voted against a no-deal Brexit. The rebels were often referred to as “the Gawkward squad”. Gauke, the former justice secretary, this morning said he was standing as an independent in his constituency of South West Hertfordshire. whatsapp GET A GRIP NATIONALLY AND LOCALLY OR ELSE YOU ARE ALL CONSPIRING TO WRAP THE BIGGEST XMAS PRESENT THE WORST LIAR AND CHARLATAN IN OUR POLITICAL HISTORY HAS EVER HAD 3/3— Alastair TACTICAL VOTE FOR PEOPLE’S VOTE Campbell (@campbellclaret) November 13, 2019 This afternoon Campbell told ITV News that he would be campaigning for Gauke, and urged people to campaign tactically. This afternoon he also tweeted his anger at the parties for retreating “into pathetic old politics”. He urged them to “get a grip” to avoid electing “the worst liar and charlatan in our political history”. Catherine Neilan Labour’s former spin doctor Alastair Campbell has said he will campaign for ex-Tory minister David Gauke. “It really depresses me, why are the Greens standing against Anna Soubry”, he added. More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.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.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comConnecticut man dies after crashing Harley into live bearnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comWhy people are finding dryer sheets in their mailboxesnypost.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.com Wednesday 13 November 2019 3:32 pm Soubry, a fellow former government minister, is standing as an independent in Broxtowe. But while the Lib Dems have agreed not to contest her seat, and Beaconsfield where Dominic Grieve is standing, it is not clear whether they will stand down their candidate in South West Hertfordshire. Main image: Getty Tags: General election 2019 Share whatsapp If Brexit happens with the consequences we all fear then yes @David_Cameron @theresa_may @BorisJohnson @Nigel_Farage @jeremycorbyn will be front of queue for the blame. But right now @joswinson @CarolineLucas @NicolaSturgeon and @jeremycorbyn again – you’re all helping 2/3— Alastair TACTICAL VOTE FOR PEOPLE’S VOTE Campbell (@campbellclaret) November 13, 2019 Campbell was expelled from the Labour Party in May after voting for the Liberal Democrats in that month’s European elections. He told the BBC he was hoping to deprive the Tories of the seat, warning a majority would be a “bad outcome for the country” because it would result in a “very hard Brexit”.
Wednesday 20 November 2019 4:23 am Opinion Liberal Democrats leader Jo Swinson poses playing with an large inflatable ball with children after giving a speech at a general election rally in London on November 9, 2019. – Britain goes to the polls on December 12 to vote in a pre-Christmas general election. (Photo by Tolga AKMEN / AFP) (Photo by TOLGA AKMEN/AFP via Getty Images) Annabel Denham, associate director at The Entrepreneurs Network, says NO. While other parties have made their own pledges to increase childcare provision, the Women’s Equality Party calls for an investment of 40 hours a week, 48 weeks a year, from when children are nine months old. DEBATE: Will more government subsidies help solve the childcare crisis for working parents? Main image credit: Getty This flexibility would transform women’s lives, and help close the maternal employment gap, adding £21.5bn to London’s economy alone by 2025. While childcare is traditionally framed as a cost, raising the next generation is a crucial investment in our future. It is also an equality issue: childcare is part of the social infrastructure that women rely on more than men, and women are more likely to perform unpaid childcare when the state falls short. Harini IyengarHarini Iyengar is the Women’s Equality Party spokesperson for equal representation. and Annabel DenhamAnnabel Denham is director of communications at the Institute of Economic Affairs Will more government subsidies help solve the childcare crisis for working parents? The cost of childcare in the UK is among the most expensive in the world. It is impossible for many parents to make work pay, particularly in the capital — maternal employment rates in London are eight per cent lower than elsewhere in the country as a result. I am answering “yes” to this question — but I would first reframe it as greater government investment, not a subsidy. Childcare policy centres around three oft-conflicting objectives: educational outcomes, parental employment, and affordability. With good intentions, the government has introduced rules that have restricted supply‚ such as strict teacher-child ratios, while subsidising demand through the 30 “free” hours. The government already spends £7bn a year subsidising childcare, while parents still pay on average three times those in France or Germany. Expanding “free” provision to two year olds, as the Tories and others are considering, risks further constraining the market, driving costs up and providers out. Share whatsapp In the year after the subsidy was introduced, nursery closures soared by 153 per cent. Evidence suggests that the state pays below market rate, so more subsidies will either put nurseries under further pressure, ultimately leading to closures, or else require more funding. If it’s the latter, we could witness greater state involvement in exactly how children are cared for, reducing parental choice, and limiting what little innovation still exists in the sector. Harini Iyengar, GLA candidate for the Women’s Equality Party, says YES. whatsapp 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.
The unit began a week-long negotiating round on Monday, with a further two planned over the next five weeks. “More time could lead to a better outcome for both sides,” he said. Multiple sources told City A.M. there was concern among civil servants in the negotiating team about Downing Street’s hardline refusal to contemplate granting an extension to the trade deal’s 31 December deadline. Stefan Boscia It is widely understood that Brussels would be prepared to discuss an extension, but the Prime Minister’s official spokesman last week said Downing Street would refuse any extension request from the EU. If no deal is struck by 31 December then new taxes and trade barriers will be implemented on World Trade Organisation (WTO) terms between the EU and UK. “Firms will have enough to deal with trying to move their businesses forward already.” Wednesday 22 April 2020 4:35 pm British Prime Minister’s Europe adviser David Frost arrives for the start of the first round of post-Brexit trade deal talks between the EU and the United Kingdom, in Brussels on 2 March (POOL/AFP via Getty Images) Also Read: Exclusive: Growing divide in Boris Johnson’s Brexit unit over trade deal extension Civil servants are increasingly frustrated that the government refuses to countenance the idea of an extension, while political appointees are keen to press home the UK’s departure. A source with knowledge of the situation said the civil servants “are more or less the same group…that were there under the May years” and that they “have very different attitudes from David Frost and the people he’s brought in around him”. The core of Frost’s politically appointed team is made up of Vote Leave veterans and the former communications boss of free market think tank the Institute of Economic Affairs. Share British Prime Minister’s Europe adviser David Frost arrives for the start of the first round of post-Brexit trade deal talks between the EU and the United Kingdom, in Brussels on 2 March (POOL/AFP via Getty Images) Also Read: Exclusive: Growing divide in Boris Johnson’s Brexit unit over trade deal extension It comes as a group of civil service grandees came out this morning to urge Number 10 to seek an extension. Former cabinet secretary Gus O’Donnell agreed with Rycroft’s assessment. Philip Rycroft, the former chief civil servant in the now defunct Brexit department, told Prospect that “it is simple common sense to ask for an extension of the transition period”. “The negotiating team – which works within a policy remit set by ministers – operates as one, with civil servants and political advisers collaborating extremely closely.” British Prime Minister’s Europe adviser David Frost arrives for the start of the first round of post-Brexit trade deal talks between the EU and the United Kingdom, in Brussels on 2 March (POOL/AFP via Getty Images) Show Comments ▼ There is a growing divide in opinion within the government’s Brexit trade deal negotiating unit over whether to seek an extension to the 31 December deadline during the coronavirus crisis. whatsapp “Of course they will have an extension in the end, I don’t think it’s possible to do the deal in that time, but if the UK gives an inch now the EU will take miles,” he said. A Downing Street spokesperson said it was “completely untrue” that there was a split in the team and that “the Prime Minister has made clear he has no intention of changing” the 31 December deadline. A different view is held by the so-called “true believers” in the unit, who are adamant there should be no extension to the deadline and are comfortable at the prospect of leaving the European Union with no trade deal if need be. The UK is currently in a transition period, where it is still operating under EU rules and regulations. Another said it “wasn’t a huge fissure yet”, but that it will likely be a “live issue” in a few months’ time. Iain Anderson, founder of City communications firm Cicero Group, said Square Mile companies would likely be hoping for an extension to the 31 December deadline. “Clearly there has been much less time for negotiation than could ever have been anticipated.” “Broadly there is a sense that if we could get an extension I think that would be welcome,” he said. Veteran City of London pundit David Buik said an extension was inevitable, but that the government’s negotiating team should not concede that yet. Exclusive: Growing divide in Boris Johnson’s Brexit unit over trade deal extension Listen to our daily City View podcast as we chart the economic fallout and business impact of the coronavirus pandemic. “As far as I’m concerned they shouldn’t be let off the bridle until the very end.” whatsapp David Frost, a former diplomat and one-time ambassador to Denmark, is the UK’s chief negotiator and his 40-strong team consists of a mix of politically appointed advisers and civil servants. A source close to Frost said: “There is no debate about this issue and ministers continue to be clear that extending the transition period would prolong the negotiations and increase uncertainty, whilst also leaving us bound by EU legislation and obliged to make further payments into the EU budget. There has been a litany of calls for an extension to the negotiating timetable in the wake of the coronavirus pandemic, including from International Monetary Fund (IMF) chief Kristalina Georgieva. She said last week that the deadline should be extended to “reduce uncertainty” for the global economy.