Jeremy Corbyn issued a warning to the UK financial sector yesterday, by pledging that he would “stand up to bankers” and set out his plans to rebalance the economy in favour of jobs and industry. In a speech delivered to the EEF National Manufacturing Conference, Corbyn declared that the dominance of deregulated finance over the UK economy was “destructive” and called for a fundamental rethink … Continue reading Corbyn takes aim at the City
Political parties are often described as broad churches. Successful ones exist and thrive by capturing a range of backgrounds, viewpoints and ideologies into one political movement. This was very much evident this week at a buoyant, if slightly disjointed, Labour Party Conference in Brighton, where the Party’s leaders, MPs and activists gathered together for the first time since June’s general election. This, at times, felt … Continue reading “Oh Jeremy Corbyn…” Labour Conference shows us a Party with momentum
In the political calendar, the middle of August is usually characterised by silly season, with frivolous and far-fetched news stories doing the rounds as Parliament is in Recess and MPs on holiday. In the past week or so, newspapers have duly obliged, with mounting speculation that Jacob Rees-Mogg could become the next Conservative Party leader (although it is difficult to rule anything out these days). … Continue reading Brexit and leaving the Customs Union: What it means for business
A Newgate event with Phil Hogan, European Commissioner for Agriculture and Rural Development As part of its ongoing communications work on Brexit, Newgate Communications jointly hosted a breakfast seminar with the Food and Drink Federation (FDF) on the post-Brexit trading and regulatory landscape for the agri-food sector. The keynote speaker was Phil Hogan, European Commissioner for Agriculture and Rural Development, who gave his observations and … Continue reading Brexit: What next for the UK food and farming sector?
This morning’s dramatic news – that there will be a snap General Election on 8th June – has taken many of us (but not Newgate!) by surprise. While many commentators and Conservative Party supporters had been advocating an early election for the Prime Minister to win a direct mandate, enhance her Parliamentary majority and take advantage of Labour’s historically negative poll ratings, it was widely … Continue reading Snap General Election: What you need to know
On 8th March 2017, the Chancellor Philip Hammond delivered his first ever Budget Statement to the House of Commons. While this year’s Statement was relatively concise and focused compared with previous Budgets, there are a number of important takeaways. Here are Newgate’s five ‘takes’: Hammond prepares for uncertain times ahead: Despite the OBR revealing better short-term economic forecasts, compared with last November, the Chancellor maintained … Continue reading Newgate’s Analysis of Budget 2017
Yesterday, Theresa May launched the Government’s long-awaited Industrial Strategy Green Paper, which set out a new ‘active role’ for Government in its approach towards business and presented a series of policy measures designed to “build on Britain’s strategic strengths and tackle our underlying weaknesses.” As part of this Green Paper, the Department of Business, Energy and Industrial Strategy (BEIS) has set out a ten ‘strategic … Continue reading UK Industrial Strategy: Has the Government gone back to picking winners?
By-elections are usually only of interest to political commentators and obsessives, but this morning’s news that Zac Goldsmith has lost his seat to the Liberal Democrats feels particularly dramatic. This has been made all the more newsworthy by the fact the Lib Dem candidate, Sarah Olney, has been successful in running an anti-Brexit campaign to defeat the pro-Brexit sitting MP. Goldsmith, who resigned as a … Continue reading Richmond Park by-election: Lib Dems are back – Zac’s cracked
Today’s landmark decision by the High Court – that the UK government does not have the power to trigger Article 50 without a Parliamentary vote – could have profound consequences on the terms and timescales of the UK’s exit from the EU as well as creating wider implications for the UK constitution. The Court accepted the legal challenge from fund manager Gina Miller, who argued … Continue reading Will the High Court ruling on Article 50 lead to an early general election?
Today the Chancellor, Philip Hammond, gave his speech at Conservative Party Conference, in which he warned that the UK economy is facing a period “of a couple of years, or perhaps even longer” of turbulence and uncertainty as Britain begins the process of leaving the European Union and negotiates its future relationship with the trading bloc. He announced that UK Government’s fiscal policy would have … Continue reading Chancellor tells UK businesses to hold on tight on the Brexit Rollercoaster