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May calls general election for 8 June


A snap general election is to be held on 8 June, the Prime Minister announced today.

Speaking to the press outside Downing Street just after 11am, Theresa May said “the country is coming together, but Westminster is not” and that the opposition was hitting back against Brexit-related decisions.

She challenged opposing parties, saying now is the chance to prove that they are not playing a game.

“This is your moment to show you mean it…”To show you do not treat politics as a game,” she said.

The PM had not planned to hold a general election until 2020 but said she made the decision to move it forward following a cabinet meeting at Downing Street.

She said Britain is leaving the European Union and there is no turning back and that the Government has “the right plan for negotiating our new relationship with Europe”, adding that the decision about the country is “all about leadership.”

Phoebus Software sales and marketing director Richard Pike says: “This is a shrewd political move by Theresa May, which will be good news for the country.  It is hardly likely that the Conservatives will not win the election and so it will provide her with a clear political mandate to take the country into Brexit negotiations. Hopefully this will result in less unease around Brexit in the publics’ eyes which can only be a good thing for our industry.”


Skipton confirms sale of £220m mortgage portfolio

Skipton Building Society has confirmed the sale of its Amber Homeloans Limited and North Yorkshire Limited mortgage portfolio. The building society held the mortgage loan books of its subsidiaries, which ceased trading in 2008, and has now sold the circa £220m portfolio to an affiliate of a fund managed by a global investment management firm. […]


Sainsbury’s Bank partners with L&G and L&C for mortgage launch

Sainsbury’s Bank has revealed details of its mortgage range, which has been launched in partnership with Legal and General Mortgage Club and London & Country Mortgages. Mortgage Strategy last year revealed that the Bank was looking to re-enter the mortgage market in the first half of 2017, after a 12 year absence. The bank has […]


Market Watch: When builders don’t help themselves

At least one newspaper believes the new-build leasehold issue has the potential to be the worst scandal since PPI So the new tax year is under way and the first stage of changes to landlords’ income and tax regimes is now in effect. The press has been full of stories around this, with one landlord […]

Employees care about their health

It’s important employers remember this like an alarm going off in their head. Employees care about their health. And they’re calling on employers to provide them with health benefits. In a survey we conducted, we asked 1,005 UK SME employees to choose the top three employee benefits they would value most:  48% of employees voted […]

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Auto-enrolment — don’t leave it too late…

With auto-enrolment (AE) well under way for the UK’s largest businesses, over the next three years an additional 800,000 smaller employers (with less than 60 employees) will start their journey to comply with the legislation. AE mandates all eligible employees and their respective employers to make regular pension contributions into a qualifying pension scheme. To learn more about the legislation read our brief Jelf AEase — simple steps to AE compliance guide.


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