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Working poor will be Cameron’s legacy Everyone from Labour to the Sun claimed victory when Chancellor George Osborne reversed his plan to scrap tax credits for working families. But as the Independent reported, the poorest in Britain are still getting poorer. The Conservative government’s planned cuts to welfare will see working families lose up to £1,600 a year by 2020, according to the Institute for Fiscal Studies. Meanwhile, 1.2 million Londoners are now “in-work poor”, meaning they fall below the...

By Nathan Lee, TLE Correspondent  Investors have been warned to expect the unexpected in 2016 with several key events on the horizon that could significantly impact the market environment. The Multi-Asset Research team at Source, who look at the the likelihood of the unexpected happening in 2016, found the economic and market environment for next year should favour equities, particularly in Japan and the Eurozone due to the low interest rate policies being adopted by their central banks. The team’s latest publication also...

By Nathan Lee, TLE Correspondent  Political activist Abby Tomlinson, famed for her online campaign 'Milifandom' in the last General Election, has caused another social stir after she claimed there's no love for Labour on the doorstep. After campaigning in Oldham, a traditional Labour heartland, she took to Twitter to say that Corbyn isn't doing enough to persuade non-voters to vote and encourage old Labour voters to support the party. However, she didn't expect the backlash that followed, with a social storm being developed by...

By Jacob Flannery "We're not a group of Trappist Monks, It's not an Oxford union debating society, we will always have angry exchanges... but if you asked me for one suggestion for improvement in Prime Minister's Questions, I would say a more orderly and respectful atmosphere." John Bercow, Speaker of the House of Commons, has stressed his views regarding Prime Minister's Questions and how he feels the decibel level should be lowered in an exclusive interview with The London Economic. The...

By Lauren Devine Renewable World is an international NGO with a handle on two of the most pressing global crises we face: the eradication of poverty and climate change. Their mission is to improve health, income and education opportunities for some of the world’s most disadvantaged communities, using climate-friendly methods and sustainable energy sources. Championed as the non-profit organisation of the UK renewable energy industry by renewable trade associations such as Renewable UK and Scottish Renewables, Renewable World works to...

By Nathan Lee, TLE Correspondent  Young women are being urged to transfer their social media skills into life skills by Barclays’ Lifeskills project, which aims to improve students' confidence and employability opportunities. A new survey has revealed that although young women have plenty of 'selfie-confidence' on social networks, that doesn't apply to the written word. While they post an average of eight daily social media updates – mostly with pictures – they lack the same assurance when it comes to promoting...

By Steve Taggart A relatively unheard of website called www.CompareYourBusinessCosts.com, a new business price comparison website that appears to have come from nowhere to be crowned the Best Comparison Website of 2015, beating out the much more famous, much more established players in the UK comparison world, including Compare the Market. In a rather unexpected turn of events, CompareYourBusinessCosts was given the ‘Best Website’ title by the MetrixLab-backed Website of the Year awards; an accolade that is presented to businesses...

“There’s no such thing as society”, Margaret Thatcher famously told Woman’s Own in 1987. Today Chancellor George Osborne was showing off how he is still trying his very best to make that happen, outlining his latest austerity measures to dismantle and sell off the state in the Autumn Spending Review statement. And again The London Economic turned to someone who can offer her own exclusive insight into the Conservative party leadership candidate formerly known as Gideon, his former party companion...

By Joe Mellor, Deputy Editor If you change your mind on something because of external pressure does that mean you have done the right thing, or have you been forced into it? For example, hypothetically, if I decided to slash my neighbour’s tyres for mowing their lawn on Saturday morning,  but my girlfriend told me repeatedly it was an excessive resposne, and she might leave me if I did; I’d change my mind. Have I now done the honourable thing?...