UK needs to raise interest rates now, says Bank of England policymaker Ian McCafferty

first_img whatsapp A senior Bank of England (BoE) policymaker has said the UK should begin raising interest rates now, despite low inflation.  Ian McCafferty is one of just two members of the bank’s Monetary Policy Committee (MPC) to have voted in favour of rate hikes since August. The seven other members warned against a “premature” tightening of monetary policy, according to minutes from the BoE’s October policy meeting. They cited inflation pressure at home and an economic slowdown in the eurozone – Britain’s most important export market – as reasons to keep interest rates at their current level of 0.5 per cent.  The Bank of England cut interest rates to this record low at the height of the financial crisis in 2009, and has kept them there ever since.  But British inflation is now at a five-year low of 1.2 per cent, which is below the BoE target of two per cent. This led to speculation that McCafferty might change his position on interest rates, but his column in The Sunday Times this morning indicates that he still believes interest rates should be raised.  He predicts “a more moderate pace of growth over the winter” as the economy is hit by the eurozone slowdown, but warns that spare capacity will continue to be used up. If interest rates are kept at their current levels, he explains, the “remaining level of slack is likely to be small, if any remains at all” by the middle of next year. He adds that a fall in inflation has been driven mainly by lower commodity prices ans a strengthening of the sterling, leading to cheaper imports: “In inflation terms, these are one-off effects and, as with the inflation overshoot in 2011-12, there are good reasons to look through their impact, at least partly. “Starting to raise Bank rate now makes it more likely that the increase required over coming years to deliver our inflation target can be kept gradual and limited.”  by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver Health Show Comments ▼ Sunday 26 October 2014 10:50 am Sarah Spickernell whatsapp UK needs to raise interest rates now, says Bank of England policymaker Ian McCafferty Share Tags: Bank of England UK interest rateslast_img read more

London brokers Hyperion Group and RKH reveal plans to merge

first_img London brokers Hyperion Group and RKH reveal plans to merge Wednesday 5 November 2014 8:41 pm Show Comments ▼ Private insurance brokers Hyperion Insurance Group and R K Harrison Holdings (RKH) revealed yesterday that they were in exclusive merger discussions. David Howden, currently chief executive at Hyperion, will take on the same role at the top of the combined group. RKH chief executive Paul Bridgwater is to step down. A spokesman for Hyperion said there would be no further departures from either firm. Howden said: “Hyperion and RKH are two outstanding entrepreneurial success stories. The combined group will boast an extensive UK and international footprint, a formidable reputation and an extremely complementary business mix with enhanced and diverse service offerings and capabilities.”The merged company will take on the Hyperion Insurance Group name, with underlying businesses, includ­ing Howden, Dual, RKH and Aqua, maintaining their brands. According to the firms, the deal would create “the largest independent, employee-owned insurance intermediary group in the world”, with projected annual revenues of up to £400m.The combined group would be majority owned by employees in partnership with investor General Atlantic. Last year, Hyperion confirmed plans to float after General Atlantic bought a 30 per cent of the company’s shares. The firm yesterday declined to comment on whether the merger would impact on its prospective IPO.RKH was previously owned by specialist insurer Hiscox, but completed a management buyout from the company in 1998. Share Tags: NULL Caitlin Morrison whatsapp whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Crazy Rich Asians’ Director Wishes He Made South Asian Roles ‘More Human’The Wraplast_img read more

Labour councillors call for Soho nightclub Madame Jojo’s to be re-opened under new management

first_img Show Comments ▼ Labour councillors have called for legendary nightclub Madame Jojo’s to re-opened under new management, after its license was revoked last month following a violent incident.By closing the iconic club Westminster council would “continue the remorseless process of Soho gentrification”. Rather, it should be re-opened by a new owner under the same licensing terms. The area, once famous for peep shows and late night cafes, has been deluged by expensive restaurants, bars and hotels.A property on Brewer Street in Soho, which houses the club famous for its burlesque and cabaret shows, costs around £900,000 according to estimates by online property website Zoopla. This has surged by a staggering 50.45 per cent from five years earlier.The Labour group said that the violent incident was “appalling” and offered full support to the police in their efforts to prosecute those involved. Westminster Council revoked Madame Jojo’s license last month after its security staff used baseball bats to attack assailants who had been throwing glass bottles at them.Councillor Paul Dimoldenberg, leader of the Labour Group, said:There is precious little left of what made Soho unique. There is no need for more burger bars, pizza places and bland restaurants – there are plenty of these a few minutes away in the rest of the West End.Madame Jojo’s is a unique part Soho where new and established bands and solo artists play (many established bands played some of their first gigs here).Its club nights are different and imaginative and it’s one of the only bars with a 3am license every night of week.Westminster Council should not let Madame Jojo’s die, but should do all it can to keep this unique Soho venue live on under new management.  whatsapp whatsapp Tags: NULL Share Jessica Morris by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars MoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef Pick Thursday 4 December 2014 1:14 pm Labour councillors call for Soho nightclub Madame Jojo’s to be re-opened under new management last_img read more

Manufacturers’ exports hit by weak Eurozone

first_img 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.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.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhy people are finding dryer sheets in their mailboxesnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com whatsapp Manufacturers’ exports hit by weak Eurozone Show Comments ▼ Tuesday 9 December 2014 8:47 pm Chris PapadopoullosChris Papadopoullos was City A.M.’s economics reporter until February 2016. He is an economist at OMFIF. Share THE UK’s manufacturing output dipped in October due to waning ex­port demand from the Eurozone.Total manufacturing output fell by 0.7 per cent in October compared with September, according to figures published by the Office for National Statistics yesterday. Industrial production – which includes mining and quarrying, as well as manufacturing – fell 0.1 per cent on the month. The lower-than-expected result caused a decline in the now-casting index (NCI), which measures the health of the economy. The NCI released today by Now-Casting Econ­omics edged down to 123.1 for December from 124.88 in Novem­ber. Average growth is marked by a score of 100, which means the UK economy is still doing relatively well despite a mild slowdown. The NCI uses a weighted average of the latest data to give an up-to-date representation of economic health.The biggest boost to the figure over the past month was much-higher-than- expected growth in the services sector reported by surveys such as a recent purchasing managers’ index. “Manufacturing output showed some signs of fatigue with the deterioration of global economic conditions and weak outlook in key export markets bearing down on output,” said Lee Hop­ley, economist at manufacturers’ body EEF. “Most of the drag, however, was concentrated in the electronics sector, where large exposure to the German market has taken its toll on production.” whatsapp Tags: Eurozone Manufacturing sectorlast_img read more

Uber promises 50,000 new EU jobs if regulators play ball

first_imgSunday 18 January 2015 11:28 pm Uber promises 50,000 new EU jobs if regulators play ball Express KCS Show Comments ▼ UBER boss Travis Kalanick yesterday vowed to create 50,000 new jobs in Europe this year, but only if regulators in European cities start working with Uber to introduce “progressive regulation” allowing the growth of ridesharing apps.“Uber is committed to establishing new partnerships with Europe’s cities to ensure innovation, harness powerful economic benefits and promote core city functions,” said Kalanick at the Digital-Life-Design Conference in Munich. Uber was previously banned across Germany after courts ruled it did not comply with laws on the carriage of passengers.In recent months Uber has been banned in Spain, Holland and New Delhi after an Indian woman was allegedly raped by an Uber driver. Just last month Paris banned Uber’s carpooling service UberPOP from the start of 2015.Kalanick said European regulators needed to introduce new common sense regulation that embraces changing technology and safety standards, pointing to 22 US jurisdictions which have introduced ride sharing regulations over the past year.Kalanick said Uber could help remove 400,000 cars from European streets in 2015, reducing emissions as travellers ditch their cars by using the smartphone app.Since Uber’s arrival in London two years ago the San Francisco startup has created 7,800 jobs and claims over 900,000 people have used the service. In December Uber raised $1.2bn (£791m) in a funding round believed to value the firm at over $40bn, more than tech giants Twitter, Netflix or LinkedIn. More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgcenter_img Tags: Uber Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoGive It LoveRemember These Rare Sisters? See Them NowGive It LoveUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyUndoBeverly Hills MDPlastic Surgeon Explains: “Doing This Every Morning Can Snap Back Sagging Skin” (No Creams Needed)Beverly Hills MDUndoVikings: Free Online GameIf you’re over 50 – this game is a must!Vikings: Free Online GameUndo whatsapp whatsapp Sharelast_img read more

Mars One mission: Five British applicants chosen for a one-way trip to the red planet to establish human colony on Mars

first_imgFive Britons have been chosen as potential candidates to fly a mission to the planet Mars, which will never return to Earth.Four women and one man from the UK have been shortlisted to be on the Mars One mission, along with 100 others from around the world, from an initial 200,000 applicants. They include students and researchers in astronomy, physics and astrophysics, a science lab technician and a manager for Virgin Media who all want a one-way ticket to the red planet.The Mars One mission is a private space project being run by Dutch entrepreneur Bas Lansdorp, which aims to establish a human colony on Mars by 2025.After a call for crew members and three rounds of selection, the list of candidates who are now one step closer to their dream of being the first humans to travel to Mars has now been shortened to 50 men and 50 women – 39 of whom are from America, 31 from Europe, 16 from Asia, seven from Africa and seven from Oceania.The candidates will now face tough training challenges to be selected for the mission, which will focus on creating teams of people who can endure the hardships of a permanent settlement on Mars.“Being one of the best individual candidates does not automatically make you the greatest team player, so I look forward to seeing how the candidates progress and work together in the upcoming challenges,” said Dr Norbert Kraft.Those chosen for the mission would spend between seven and eight months journeying through outer space before arriving on Mars. After living on the planet, the crew would lose bone and muscle mass due to the weaker gravitational field, meaning they would be unable to readjust to Earth.The Mars One mission, which is expected to cost £3.8bn, is one of several racing the to be the first to take humans to Mars, including Nasa’s Orion mission and the Inspiration Mars Foundation.Lansdorp aims to raise some of the funding by turning the mission into a reality TV-style show, for which he will sell the global broadcast rights. Meet the Brit candidates who are hoping to go where no man (or woman) has gone before.Alison, a 35-year-old science lab technicianHannah, an astronomy PHD student at Durham, aged 23Ryan, a 21-year-old physics masters student at OxfordMaggie Lieu, a 24-year-old PhD astrophysics student at the University of BirminghamClare, a 27-year-old manager at Virgin Media Tags: NULL Mars One mission: Five British applicants chosen for a one-way trip to the red planet to establish human colony on Mars Monday 16 February 2015 9:53 am Lynsey Barber Show Comments ▼ whatsapp Share More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.com whatsapplast_img read more

Best of the Brokers for 10 March 2015

first_img Show Comments ▼ whatsapp Best of the Brokers for 10 March 2015 Express KCS Tags: NULL Monday 9 March 2015 10:01 pm To appear in Best of the Brokers, email your research to [email protected] BROTHERSCanaccord Genuity downgraded the financial services group from a “buy” to a “hold” rating, ahead of its results which are expected to show strong returns from its banking division and difficult market conditions in its securities division. Target price is unchanged at 1,800p.CLARKSON Panmure Gordon reiterated its “buy” rating on the shipbroker, after the group delivered results ahead of expectations. The broker said Clarkson “is in an excellent position to capitalise on recovering shipping and capital markets in the medium to longer term”.CINEWORLDNumis reiterated its “hold” rating on the cinema group, ahead of its full year results. The broker noted that profit before tax is expected to be up by 54 per cent, in large part due to the acquisition of Cinema City, and forecast further growth in 2015 and 2016. whatsapp More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.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.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com Sharelast_img read more

Turmoil in the oil market and merger costs harm Amec Foster Wheeler’s bottom line

first_img More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comConnecticut man dies after crashing Harley into live bearnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comWhy people are finding dryer sheets in their mailboxesnypost.com whatsapp Share Express KCS ENERGY-focused engineering firm Amec Foster Wheeler failed to escape the ongoing rout in oil unscathed, as results released yesterday showed profits tumbling. The company said it faced significant currency headwinds in 2014, but growth in emerging markets and its clean energy sector saw revenues up two per cent to £3.9bn. But success in these areas was not enough for the company to offset the costs of a $3.2bn (£2.1bn) merger between UK’s Amec and Swiss Foster Wheeler and a 13 per cent decline in oil and gas revenues. In addition, the firm said it exp­ect­ed trading margins to weaken in the coming year as clients continue to press for lower prices in the face of the ongoing volatility in oil markets. The result was a 39 per cent slump in profits to £155m compared to the previous year. Chief executive Samir Brikho commenting on the results said: “I am pleased to report that we have delivered 2014 results in line with expectations. Looking ahead, I believe our low-risk, multi-market model is a strong platform from which to create long-term value for shareholders.”Although the results were in line, investors were left disappointed, with shares closing down 2.31 per cent at 950.50p per share. Tags: NULL Show Comments ▼ Turmoil in the oil market and merger costs harm Amec Foster Wheeler’s bottom line Thursday 26 March 2015 9:50 pm whatsapplast_img read more

General Election 2015: Virgin Money CEO Jayne-Anne Gahia wants a strong leader who will back business

first_img Tags: General Election 2015 ELECTION COUNTDOWN 23 DAYS Every day until the final week of the election campaign,  we ask a business leader to say what policies would entice them to vote for a particular party. JAYNE-ANNE GADHIA: CEO VIRGIN MONEYI will vote for the party who has the strongest leader. Leadership is essential for success – whether in sport, business, public service or politics. I want to be represented by a confident leader, who has the integrity and the statesmanship that will present the best interests of our country both at home and on the world stage. And I desperately want a leader who will represent the many – not the few – in a tolerant, open and strong United Kingdom. ■ It is also important to have a government which will champion business success and encourage vibrant and thriving competition in all sectors. I want a government brave enough to take on the vested interests of the large incumbent banks and also innovative enough to implement full Account Number Portability and so end, once and for all, the anti-competitive current account market protected by the big banks today. Vested interests will say that is unaffordable. The truth is that we cannot afford not to introduce it if we really want a world-class banking sector that works for charities, businesses and consumers alike. ■ And I will vote for you only if you put economic strength at the heart of all you do. With policies that ensure a strong and growing economy and with a tax regime and immigration policy that attracts the best to Britain I think we can improve health, education and the other public services that we all rely on. ■ Government policies should incentivise an entrepreneurial culture across all disciplines from engineering to digital. That means encouraging start-up businesses created by people from a wide range of backgrounds. It also means investing in skills, online connectivity and education to address youth unemployment and to get the engine room of the economy firing. ■ Let’s find a way to tackle housing across the UK. A generation of young people are priced out of the market, changes are needed to the planning system and more can be done to provide financial support to first time buyers. I feel privileged to live in a democracy where issues can be debated  openly and where we can vote on issues such as membership of Europe or the future of the UK. And in the end I want a government which lives by the will of the people. That seems to me where true leadership and real integrity lie.  POLL OF POLLSVisit our General Election poll tracker to see how each party is faring in the build-up to 7 May.   More From Our Partners Fans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org whatsapp General Election 2015: Virgin Money CEO Jayne-Anne Gahia wants a strong leader who will back business Monday 13 April 2015 9:30 pm Share Express KCS Show Comments ▼ whatsapplast_img read more

Neil Kinnock doubts Labour can win a majority and fears shy Tory voters

first_img Neil Kinnock doubts Labour can win a majority and fears shy Tory voters Show Comments ▼ Jeff Misenti Tuesday 5 May 2015 11:05 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunComedyAbandoned Submarines Floating Around the WorldComedyGameday NewsNBA Wife Turns Heads Wherever She GoesGameday NewsEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressBridesBlushThis Is Why The Royal Family Kept Quiet About Prince Harry’s Sister BridesBlush whatsapp Share whatsapp Former Labour leader Lord Kinnock doubts Ed Miliband can win a majority and believes Labour will have to reach out across party lines to get its agenda through.In an interview with the New Statesman, the man who was soundly beaten by both Conservative leaders Margaret Thatcher and John Major said: I think the most likely result is that Ed becomes prime minister and that he follows a fairly conventional course in the House of Commons.You gather majorities for specific issues, whether they are big statutory requirements, like the Queen’s Speech or the Budget – in some senses they are the easiest things to get majorities for – or amendments on bills.Kinnock’s remarks suggest Ed Miliband will head a minority government and not enter into a formal coalition with one of the other the parties.”I don’t think there are many other options [to minority government] that are realistic or desirable. Patently, [there can be] no coalition or concession to the Nats; and any arrangement with the Liberals would have to be on Labour terms,” he added.The failure of Labour’s 1992 campaign when Kinnock was ahead of the Tories in the polls right up until election night still haunts the Labour die hard. Kinnock says Labour has run a strong campaign ahead of Thursday’s election, as he did himself in 1992, but it still ended in failure.The Labour peer fears there is still a danger to the party with so-called shy Tory voters who may swing to David Cameron on election day itself. But he hastens to add he doesn’t think the shy Tory vote will be as big a factor in 2015 as it was in 1992.[custom id=”1″] Tags: General Election 2015last_img read more